Transaction Processing News & Media
MasterCard to drive payments for the Internet of Things
by Will Hernandez — Editor, NetWorld Media Group
At Money 20/20, the card network announced a new program that will enable companies to add card credentials to devices such as automobile key fobs, smart rings…
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Study examines 'The value of cash on the UK high street'
October 23, 2015
New research from Cardtronics UK shows that nearly a quarter of 'main street' merchants have lost profits due to a decline in customer access to cash.
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Mobile payments set to dominate discussions at Money 20/20
by Will Hernandez — Editor, NetWorld Media Group
EMV and bank innovation also should be hot topics next week in Las Vegas, writes Mobile Payments Today Editor Will Hernandez.
read nowMexican government policy drives growth in e-payments
October 9, 2015
Payment cards are gradually making inroads on cash, as the government and banks begin to provide basic financial access to the population.
read nowStudy: Noncash payments growing faster than GDP
October 9, 2015
Growth has likely been propelled by economic recovery in mature markets, rapid expansion in China, adoption of mobile and contactless, and faster payment…
read nowUS ATM fees reach record high
October 5, 2015
A just-released study from Bankrate.com says that ATM fees have increased by 21 percent within the past five years.
read nowUS EMV effort raises hackles of fraud watchdog
October 2, 2015
Consumer advocate ProtectMyData argues that the chip-and-signature implementation favored by US financial institutions lacks teeth.
read nowMore than a few retailers playing catch-up in EMV card compliance
October 1, 2015
While the big retailers are compliant with the EMV credit card chip mandate hitting today, many retailers are playing catch-up, a new study reveals.
read nowCSI tokenization to support payments via Android Pay
September 30, 2015
Android tokenization capability means that CSI customers can now fully participate with the major mobile wallet schemes, the company says.
read now98 percent of US cards forecast to be EMV-enabled by end of 2017
September 30, 2015
By the end of 2015, 60 percent of cards will have chips, compared with 30 percent in June, the Payments Security Task Force says.
read nowATMIA Africa publishes retail payment trends study
September 28, 2015
The document serves as a starting point for understanding South Africa's rapidly growing retail payments market, the ATM industry trade group says.
read nowSecurity pros predict rise in mobile payment-related breaches
September 25, 2015
But it's not as if the expectation keeps cybersecurity experts themselves from making mobile payments, a new study finds.
read nowAruba Bank, Euronet team up on EMV implementation
September 25, 2015
The new solution gives Aruba Bank full EMV acceptance functionality at its ATMs, and enables instant issuance for chip cards, Euronet says.
read nowBankladeshi bank to adopt TSYS Prime 4 for card management
September 24, 2015
With the upgrade, Premier Bank will launch a PA-DSS compliant dual-currency card with Bangladeshi taka and U.S. dollar billing accounts.
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'Mobile Wallets 101': Your guide to the future of cardless transactions
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
FIs have an edge in a bid for mobile wallet loyalty due to their trusted provider status. For those that have been late to the party, now is the time to…
read nowReport: Aussie smartphone users forecast a cashless future
September 23, 2015
A new study by Australian bank Westpac reveals that consumers Down Under believe cash could be history by 2022.
read nowFederal Reserve Board announces enhancements to ACH service
September 23, 2015
The changes are intended to align the Fed's same-day ACH service with recent amendments to NACHA ACH operating rules.
read nowNew mobile billpay service targets cash-preferred customers
September 23, 2015
PayNearMe says its new app makes it possible for everyone — including the unbanked — to enjoy the convenience of digital transactions.
read nowPartners complete successful pilot of CardFree Cash at ATMs
September 18, 2015
The Fiserv solution was piloted by VyStar Credit Union on selected ATMs operated by the FI's acquiring partner PAI.
read nowTSYS, Acquirer Systems offer 'streamlined approach' to EMV testing
September 18, 2015
The companies say that their new solution, Astrex, reduces both time and cost for EMV certification.
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