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Transaction Processing News & Media

South Africa gets first mobile banking unit

August 5, 2016

First National Bank of South Africa has launched the nation's first-ever mobile banking unit in an effort to extend banking services to customers in rural…

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Glory deploys TellerInfinity in AFCU headquarters

August 5, 2016

Glory Global Solutions announced that its TellerInfinity assisted service solution has been installed at the America First Credit Union Innovation Center in…

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Visa's new ATM locator fee unfair, NAC says

August 4, 2016

Visa has introduced an ATM locator fee, and ATM owners are not happy about it.

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Cummins Allison debuts new coin collection system

August 3, 2016

Cummins Allison added a mixed-bag coin-collection system to its line of self-service coin counters, according to a company press release.

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Report highlights opportunities for European payment processors

August 2, 2016

 There are opportunities on the horizon for new entrants into the payment processing market, according to a new RBR report, "Payment Cards Issuing and…

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Payments Association of South Africa launches 1st biometric standard

August 2, 2016

The Payments Association of South Africa has collaborated with Visa and MasterCard to offer new biometric solutions including facial, palm, voice, iris and…

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Sweetgreen's now offering customers a cashless option

August 1, 2016

Given a sharp decline in cash purchases, dropping from 40 to 10 percent since opening, Sweetgreen restaurants is now offering cashless payments.

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Is chip and PIN worth the expense?

July 28, 2016

Merchants are pushing — and in some cases, suing — for credit card PIN verification. But would chip and PIN really increase transaction security and reduce…

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Union Pay bumps Visa to No. 2 spot in global payments value

July 28, 2016

According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card…

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Can't get to the ATM for cash? The ATM will send the cash to you

July 28, 2016

Researchers at a Pune, India, university have developed a handheld "micro ATM" that bank customers can use to get cash delivered directly to them when they…

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Visa chip card issuance gathering momentum in US

July 27, 2016

Visa has released its latest report benchmarking progress in the U.S. migration to EMV chip-enabled cards and payments.

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Vantiv intros One Network Experience for integrated processing

July 27, 2016

Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all…

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Upcoming report, webinar to examine ATM software trends

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Tuesday, Aug. 2, a free webinar by ATM Marketplace and KAL will introduce findings from the upcoming report, 'ATM and Financial Self-service Software Trends…

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Life without limits? Say it isn't so!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

We all recognize the principle — or at least understand it, even if we don't believe it applies to us — that if it seems too good to be true, it very likely is.

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Vantiv endorsed by California Bankers Association

July 22, 2016

Vantiv Inc., a provider of payment processing services and solutions, has been chosen by the California Bankers Association as its sole endorsed EFT processing…

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CardFlight offers overview of EMV payment trends

July 22, 2016

Payments gateway operator CardFlight has released the latest update to its EMV Migration Tracker, an assessment of the progress of EMV chip card migration…

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Lost in translation: What do all those contactless terms mean?

All members of the payments ecosystem gain from contactless technology and transactions, but an important first step is to start talking about contactless…

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Absa intros Masterpass digital wallet

July 22, 2016

South African bank Absa has launched Absa Masterpass app, a MasterCard digital wallet that allows users to make contactless payments via smartphone wherever…

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Cats and dogs come together as Visa, PayPal partner

July 22, 2016

PayPal and Visa have announced an unprecedented U.S. strategic partnership that intended to result in an improved and easier payment experience for Visa…

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Elavon, Capital Bank ink exclusive payments processing deal

July 22, 2016

Elavon, a payments provider and subsidiary of U.S. Bancorp, and Capital Bank Financial Corp., a southeastern regional bank, have struck a multiyear payment…

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