Transaction Processing News & Media
Dallas transit launches NFC payment card, cash loading capability
May 16, 2016
Dallas Area Rapid Transit has partnered with PayNearMe to allow travelers to load transit cards with cash. The company also has launched a new GoPass card…
read nowBarclays launches alternative to Android Pay
May 13, 2016
Barclays is not waiting for Android Pay to launch in the U.K. and has introduced its own alternative, Barclays Contactless Mobile.
read nowCreditcall chalks up five EMV processing certifications
May 13, 2016
Creditcall, an omnichannel payment gateway and EMV kernel provider, has added TSYS and Heartland to its roster of U.S. processors that have certified the…
read nowAussie bank ANZ enables ATMs for UnionPay chip cards
May 13, 2016
Australian bank ANZ has claimed a first with its acceptance of China UnionPay EMV cards at its ATM and POS terminals across nine countries in the Pacific.
read nowEthiopian banks attain ATM, POS interoperability with SmartVista
May 12, 2016
BPC Banking Technologies, a provider of payment solutions, and EthSwitch S.C. have announced the launch of the national payment system of Ethiopia, using…
read nowWal-Mart sues Visa in chip-and-signature spat
May 10, 2016
Wal-Mart Stores Inc has filed suit against Visa USA Inc in a complaint alleging that the retailer is being pushed to use chip-and-signature rather than…
read nowUK consumers place high value on mobile banking
May 10, 2016
A consumer survey conducted by Juniper Research has found near universal satisfaction among U.K. mobile banking users, with 98 percent of those surveyed saying…
read nowReport: CNP fraud to balloon to $7B by 2020
May 9, 2016
Iovation, a provider of device intelligence for authentication and fraud prevention, has teamed with research and advisory firm Aite Group to release a new…
read nowCayan boasts EMV transactions that approach mag stripe speeds
May 9, 2016
Cayan, a provider of payment technologies, has announced that the proprietary ChipIQ technology built into its Genius platform is helping to speed up EMV…
read nowVocaLink, LINK ink 5-year ATM processing deal
May 5, 2016
VocaLink, the international payment systems provider, has signed a five-year agreement to provide exclusive processing for the LINK ATM network. The U.K.'s…
read nowEMV Migration Forum publishes testing, certification update
May 5, 2016
The EMV Migration Forum, a cross-industry body focused on supporting EMV chip implementation in the U.S., has published a revised version of its white paper…
read nowFIs rate well as providers of payment tech, but few are focused on it
May 5, 2016
A survey of more than 1,100 executives from leading banks, retailers and billing organizations across the Americas, APAC and EMEA has found that while 8…
read nowUL type approval program for mobile devices gets EMVCo OK
May 3, 2016
UL has announced that it is now able to provide official certification of mobile devices under new EMVCo requirements, according to a press release.
read nowCo-op, TMG investigate blockchain opportunities
May 2, 2016
Co-op Financial Services and TMG are commissioning a series of studies by Mercator Advisory Services on blockchain technology with the goal of educating credit…
read nowQuatrro wins Visa nod to provide global third-party processing
May 2, 2016
Bangladesh-based Quatrro Processing Services has received certification from Visa Inc to operate as a global VisaNet third-party processor. This will allow…
read nowUL Cloud-based Payments Test Suite wins MasterCard qualification
May 2, 2016
UL has extended its cloud-based payments test tool portfolio with a test suite to validate functional behavior of MasterCard cloud-based payment applications.
read nowUS Bank launches loyalty app pilot
April 29, 2016
U.S. Bank has launched Deal Local, a mobile app designed to help local businesses attract new customers and build loyalty with existing customers through deals…
read nowMasterCard joins Visa in effort to speed up EMV transactions
April 28, 2016
MasterCard has unveiled M/Chip Fast, an application based on the company's existing technology and intended to help speed EMV transactions and shoppers through…
read nowFraud prevention solutions saved FI clients $40M in 2015, TMG says
April 26, 2016
Fraud detection and prevention strategies implemented by payments processor TMG saved the credit union service organization's clients more than $40 million in…
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