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Transaction Processing News & Media

Boston-area FI joins ATM cardless cash movement

August 20, 2015

Avidia Bank, a community FI serving suburban Boston, has partnered with FIS to offer QR code-based cardless cash access at its ATMs.

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Partnership ups the effectiveness of check fraud detection

August 20, 2015

IMM and Advanced Fraud Solutions say they are now able to provide almost real-time notification of potentially fraudulent check transactions.

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Capital Prepaid Visa card adds mobile RDC

August 19, 2015

Using a smartphone, cardholders can take a picture of a check and, if it's approved, load the funds to their card within minutes.

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Euronet aids Indonesian FI with chip card issuer-acquirer cert

August 17, 2015

Euronet and its local partner, PT Sigma Cipta Caraka, worked with Bank Antardaerah to implement support for chip card ATM and debit transactions.

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EMV solution offers workaround for complex certifications

August 17, 2015

Payment solutions provider OpenEdge says its systems are tested, certified and ready to process EMV transactions.

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DNA approves Fime chip card personalization validation service

August 17, 2015

The new DNA program confirms that EMV chip cards using the DNA Shared Debit AID and corresponding acceptance terminals comply with DNA requirements.

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Australian banks reportedly at odds with Apple over interchange

August 17, 2015

At the center of the debate is the $2 billion in interchange fees the banks make per year.

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Moldova Bank enables ATM-based money transfer with Cash By Code

August 14, 2015

For security purposes, the transaction provides a two-part code and a 24-hour time window for cash withdrawal by the recipient.

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ABnote, MeaWallet team to offer brandable mobile wallet

August 14, 2015

The companies say that their collaboration offers ABnote customers a simple path to EMV-based mobile payments.

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Preview: 2015 ATM & Mobile Innovation Summit

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Technology offers new ways for consumers to hold, control and spend their money. This summit promises to help execs get their arms around the former and meet…

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Real-time payment group releases first draft of messaging standards

August 12, 2015

The industry group aims to help countries with domestic implementations and facilitate interoperability between systems internationally.

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Enhanced batch check service adds counterfeit notification

August 11, 2015

Early Warning's enhanced batch deposit check service alerts an institution to the likelihood that an item might be counterfeit.

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Scary times ahead, indeed!

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

What is particularly scary is the sheer number and value of transactions being processed today.

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Euronet, Jakarta FI partner on EMV initiative

August 7, 2015

Euronet and its Indonesian partner, PT Sigma Cipta Caraka, will help the bank to implement system modifications needed to support chip card-based debit card…

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AmEx qualifies Collis test tool for ATM certification

August 5, 2015

The test tool is used to certify that ATMs provide the terminal functionality required to process AmEx EMV transactions.

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IADs to get their day in court in MasterCard, Visa fee-fixing case

August 4, 2015

The U.S. Court of Appeals for the District of Columbia Circuit has overturned a lower court ruling that dismissed class action suits alleging anti-competitive…

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Bank of Spain condemns proposed ATM fees

July 31, 2015

Some of the country's largest banks want to charge noncustomers for transactions conducted at their ATMs.

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Cash is still tops for convenience, payment study finds

July 31, 2015

However, the survey also found that cash (and checks) experienced the greatest decline in use over the last year.

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CDS, Triton partner on direct currency conversion at ATMs

July 29, 2015

With the addition of the Triton brand, Columbus Data Services says that it now offers DCC support for all major ATM hardware vendors.

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Entries due July 31 for ATM, mobile payments tech awards

July 28, 2015

Awards will honor Innovative FIs and ATM and Mobile Tech providers, as well as acquirers demonstrating excellence, leadership and initiative in EMV…

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