Cashless payments outgrowing ATM withdrawals — but not by much

December 15, 2015

Since 2010, the annual growth rate of cashless payments has outpaced that of ATM cash withdrawals by only about one-half of one percent, a new study by RBR…

UnionPay makes inroads in the Arab world with processing agreement

December 15, 2015

Pan-African and Middle Eastern payments processor Emerging Markets Payments has partnered with China's fast-growing bankcard company.

PNB offers ATM fee relief for Chennai flood victims

December 11, 2015

The bank says its 81 branches and 82 ATMs in the city are fully operational in the wake of flooding judged to be the worst to occur anywhere in the world in…

Swedbank, Cryptomathic team to deploy key management system

December 11, 2015

Swedbank, which operates one of Europe's largest payment acquiring networks, has implemented CKMS across its acquirer network and payment terminal management…

Indian banks decline ATM interchange reduction request

December 11, 2015

India's finance ministry has asked banks to cut interchange fees by more than one-third to encourage greater use of ATMs, but FIs say they can't afford to.

Global Processing Services turns to iliad for testing platform

December 10, 2015

Iliad's T3 platform is an integrated solution for testing the functionality and load capabilities of payments systems.

TransUnion buys Trustev in $21M deal

December 10, 2015

TransUnion could pay up to an additional $23 million contingent on Trustev achieving specified retention, revenue and EBITDA targets through 2018.

Walmart Pay ready for a close-up

by Will Hernandez — Editor, NetWorld Media Group

Consumers can access the new system through the retailer's existing mobile app; the system relies on QR code technology to complete a purchase at the physical…

NMI intros fully brandable payment gateway platform

December 9, 2015

The company says its FACenablement offering saves payment facilitators the time and capital required to engineer a payment platform from the ground up.

TMG: Digital payment booms over Thanksgiving weekend

December 8, 2015

The Members Group has seen a steady rise in card-not-present transactions as a portion of purchases over the holiday weekend — from 15 percent in 2013 to 2…

Bank South Pacific to retain Euronet ITM for acquired operations

December 8, 2015

The FI will retain existing Euronet ITM Payment Hubs in Samoa, Tonga and the Cook Islands following the acquisition of Westpac Bank operations in those…

MasterCard, Visa payment card share rising in Europe

December 8, 2015

A new study by RBR finds that 90 percent of the euros spent via payment card in Europe were on a Visa or MasterCard-branded card — the highest share of any…

Hybrid architecture for ATM networks: It’s music to a CIO's ears!

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

With options, choice, and better use of resources, services at the lowliest ATM can expand in a manner that turns more ideas into greater business value faster.

CUSO logs Cyber Monday network volume 'on par' with 2014

December 2, 2015

At its peak, traffic for ATM, branch, credit and debit activity on the Co-op Financial Services network topped out at 258 transactions processed within one…

5 ways payments will be different in 2024

A study by Payments UK makes bold predictions about changes in the payments mix from 2014 to 2024. (And says cash still won't be dead.)

Cosmos expands ATM, payments capabilities with SmartVista

November 30, 2015

The solution consolidates disparate systems into one platform to increase speed to market for new functionalities and products, BPC says.

JCB EMV application identifier achieves first US certification

November 23, 2015

The company's AID is now set for acceptance in the US by Global Payments Inc.

Chase among latest issuers to add Samsung Pay support

November 23, 2015

Navy Federal Credit Union also is a new Samsung Pay supporter.

Europe's YourCash taps TNS for fleetwide ATM communications

November 20, 2015

Terms of the agreement call for TNS to handle the majority of the transactions and communications from the YourCash ATM estate in the U.K., the Netherlands and…

ATM card activation a snap with new mobile app feature

November 16, 2015

Aussie FI Westpac has added a feature that lets customers activate a new debit or credit card using the camera in their smartphone.