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Transaction Processing News & Media

CashWorks launches first ATM initiative

January 28, 2002

DALLAS - Financial services technology solutions provider CashWorks Inc. on Jan. 29 announced that a pair of Town & Country convenience stores in San…

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First of Omaha to roll out new ACI platform

January 28, 2002

OMAHA, Neb. - First of Omaha Merchant Processing has become the first financial services company to license ACI Worldwide's Enterprise Payment System…

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Cash Tech signs agreement with new processor

January 27, 2002

LOS ANGELES -- Cash Technologies, Inc. (Amex: TQ) has signed a software licensing and payments-gateway agreement with transaction processor Premier Processing…

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GTCR to acquire PSINet Transaction Solutions

January 27, 2002

CHICAGO -- GTCR Golder Rauner, LLC has entered into a definitive agreement to acquire the Transaction Solutions subsidiary of PSINet Inc. in partnership with…

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Launch of Japanese online bank is delayed; ATM fees an issue

January 27, 2002

TOKYO -- The launch of IY Bank, which is slated to become the first Japanese online bank to use ATMs for many customer transactions, will be delayed until May…

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NYCE group to develop new payment products

January 24, 2002

WOODCLIFF LAKE, N.J. -- NYCE Corporation has established a new Emerging Network Payments group, which is focused on extending the company's real-time…

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Calif. credit union to use Mosaic's Postilion to drive ATMs

January 24, 2002

DEERFIELD BEACH, Fla. -- San Bernardino, Calif.- based Arrowhead Credit Union has chosen Mosaic Software's Postilion software to provide ATM driving, as well…

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Greenland temporarily suspends check cashing operations

January 23, 2002

OCEANSIDE, Calif. -- Greenland Corporation (OTC Bulletin Board: GLCP) is temporarily suspending its Check Central subsidiary check processing operations, as…

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Australian commission suggests fuller fee disclosure

January 23, 2002

AUSTRALIA -- The Australian Securities and Investments Commission has released for comment a draft good-practice guide on transaction-fee disclosure by banks…

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The V.coms are coming

by

7-Eleven has streamlined its in-store financial service centers and renamed the ATM/kiosk hybrids 'V.com.' It plans to launch the V.coms first in Florida and…

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TNS appoints industry vet to head up European processing business

January 20, 2002

LONDON -- Transaction Network Services (TNS) has appointed Peter Morris as vice president of system operations for its European business. Morris' appointment…

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Concord enhances deposit-risk services through subsidiary

January 16, 2002

MEMPHIS, Tenn. -- Following last month's increase in ownership of Primary Payment Systems, Inc., Concord EFS, Inc. (Nasdaq: CEFT), is expanding the deposit…

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Alabama measure to limit ATM fees will likely fail, says state rep

January 15, 2002

MONTGOMERY, Ala. -- State Rep. William Parker, a Democrat from Birmingham, said that lobbyists for Alabama banks have persuaded his colleagues to oppose his…

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Lynk named one of Atlanta's fastest-growing companies

January 10, 2002

ATLANTA -- Lynk Systems, Inc., an electronic transaction processing company, has been named Atlanta's 13th fastest-growing private company by the Atlanta…

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Metavante certifies Fujitsu's Series 8000 ATM

January 10, 2002

DALLAS -- Fujitsu Transaction Solutions says that its Series 8000 family of ATMs has been certified to operate with the Metavante Corp.'s ATM management…

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Alabama rep may revive bill to cap ATM fees in '02

January 8, 2002

BIRMINGHAM, Ala. -- Alabama legislators haven't seen the last of a banking bill that would cap ATM fees, according to a report in the Birmingham News. 

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NYCE establishes Chicago office

January 8, 2002

CHICAGO -- NYCE Corporation, the Woodcliff Lake, N.J.-based electronic payments company, has established an office in Chicago to augment its Midwest sales and…

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New spin on the surcharge debate

January 7, 2002

The good news: Rep. Robert Andrews of New Jersey thinks outright surcharge bans are too extreme. The bad news: he wants to ban surcharging at ATMs that display…

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Euronet sells DASH Network to ALLTEL

January 7, 2002

LEAWOOD, Kan. -- Euronet Worldwide (NASDAQ: EEFT) is selling its DASH EFT network, which began operations in 1996 and now drives 531 ATMs for 24 customerss in…

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