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Transaction Processing News & Media

CDS certifies GTI's new Merlin ATM

February 17, 2002

NEW ORLEANS -- Columbus Data Services (CDS) and GTI (formerly Greenlink Technologies, Inc.) announce the certification of the new GTI Merlin ATM, along with…

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Global Cash Access adds self-exclusion option on ATMs to help problem gamblers

February 17, 2002

LAS VEGAS -- Global Cash Access (GCA), is adding a STEP "self-exclusion" option for problem gamblers to ATMs it now operates.

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NDC eCommerce takes new name

February 14, 2002

ATLANTA --  NDC eCommerce, a transaction processor and electronic payments company, will begun operating under its new name, Global Payments Inc., beginning…

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U.S. Wireless Data says it expects to break even on EBITDA in 4Q 2002

February 14, 2002

NEW YORK -- U.S. Wireless Data, Inc., a provider of transaction delivery and gateway services for the payment processing industry, says it expects EBITDA loss…

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Wisconsin ISO to use TNS software

February 13, 2002

TORONTO -- Green Bay, Wis.-based ISO Cash Depot has purchased the license to TNS Smart Network's Smart Processing Suite, software that will allow Cash Depot to…

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DocuCorp enters marketing agreement with BillMatrix

February 11, 2002

DALLAS -- In a new marketing agreement, information solutions provider

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UAE switch boosts ATM connectivity

February 10, 2002

ABU DHABI -- The United Arab Emirates inter-bank switch has spread its connectivity to all Gulf Cooperation Council countries - except Saudi Arabia - which…

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PULSE reports record transaction volume for 2000

February 6, 2002

HOUSTON -- The PULSE EFT Association processed an all-time high of 48.4 million transactions in December 2000, boosting volume for the year to a record 53…

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Core Data, Tranax team on encryption product

February 4, 2002

AMARILLO, Texas -- ATM processor Core Data and ATM manufacturer Tranax (formerly Cross International Technologies) are introducing what they call a simple and…

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EDS purchases TransAlliance

January 31, 2002

PLANO, Texas -- Electronic Data Systems has acquired TransAlliance, an EFT company, as part of an aggressive growth strategy to expand its EFT processing…

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Filipino banks to roll out Internet-enabled ATM system

January 31, 2002

MANILA, Philippines -- Bancnet, which provides ATM switching services for 34 banks, is rolling out an Internet-based ATM transaction system in the Philippines…

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PULSE completes Money Station merger

January 31, 2002

HOUSTON - Now that it has completed its merger with Cincinnati-based Money Station, the PULSE EFT Association staked its claim to the third spot among EFT…

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Ending the paper trail

by

January 31, 2002

For the first time, a paper check used at a point-of-sale transaction was immediately processed and debited from a customer's checking account in real time.

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Australian banks compete to lower fees

January 31, 2002

One of Australia's largest banks announced on Jan. 31 that it would begin trimming transaction fees, setting the stage for a heated competition between the…

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Lynk opens services to distributors

January 30, 2002

ATLANTA -- Lynk Systems, Inc. has opened its payment processing and e-commerce services to its ATM distributors. According to the company, this is an effort to…

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MPS to acquire 49 percent of Universal Companies

January 30, 2002

CINCINNATI -- Fifth Third Bank's Midwest Payment Systems (MPS) has signed a definitive agreement to acquire 49 percent of the outstanding common and preferred…

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UK's LINK network processes record number of transactions

January 29, 2002

LONDON -- LINK, the UK's national ATM network, had a record-breaking year in 2000, processing 972 million transactions.

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Anti-surcharge bill introduced in Wisconsin

January 29, 2002

MADISON, Wis. -- Wisconsin state Rep. John Lehman is making another attempt at banning convenience fees at ATMs, according to the Milwaukee Journal.

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Financial Technologies renews contract with CBC

January 29, 2002

JACKSON, Miss. -- Financial Technologies has renewed its preferred provider contract with Consolidated Buying Company, a marketing cooperative representing…

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