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Transaction Processing News & Media

HP study investigates trends in electronic payment methods

November 20, 2014

Of 634 IT professionals surveyed, nearly half said virtual currencies will be widely used within in five years, and that they eventually will overtake paper…

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Asia-Pacific takes over No. 1 spot as largest EFTPOS region

November 20, 2014

New research from London-based strategic research and consulting firm RBR shows that the installed base of EFTPOS terminals in the Asia-Pacific region expanded…

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Fed's controversial 'Choke Point' collars ATM processors

The government's Operation Choke Point initiative has put a stranglehold on many law-abiding businesses — including payment processors and pornographers.

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Card issuers pick up the pace of EMV promotion

November 18, 2014

Mentions of EMV charted a dramatic increase from 3 percent of estimated direct mail acquisition pieces in Q1 2014 to more than 33 percent in Q3, one monitoring…

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Travelex, Wincor re-up ATM processing contract for 7 years

November 18, 2014

Wincor Nixdorf will continue as processor for Travelex ATMs in Europe, and will migrate devices in Asia Pacific and North America onto its global platform, as…

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Elan licenses MasterCard common AID

November 18, 2014

Licensing the MasterCard common application identifier allows Elan to facilitate US domestic debit transactions on the network in accordance with Durbin…

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Study: Mobile transaction users to top 2B by 2017

November 18, 2014

The consumption of services such as banking, money transfer, as well as purchases of goods and services via mobile device is surging, Juniper Research says.

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Report notes rising consumer demand for new debit services

November 18, 2014

One of the top items on consumers' wish list is enhanced security — and it's important enough that many are willing to pay for it.

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Phoenix Xpression seeks to transform branch transformation

November 14, 2014

The company's new software offering promises to migrate the experience — not just the transaction.

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Source Technologies debuts personal teller solution at BAI

November 13, 2014

The new self-service device features customizable customer authentication and multidenomination cash acceptance and dispensing.

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Mahindra Comviva debuts mobile money service in Zimbabwe

November 11, 2014

The company says its connectMoney Service Manager creates an industry benchmark for mobile money by connecting financial open systems powered by MasterCard and…

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UK test solutions provider adds US common AID to test suites

November 10, 2014

The test tool platform and test card packs from British provider ICC can now facilitate EMV implementation and rollout for its clients in the U.S.

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CU24 extends agreement with Allpoint surcharge-free network

November 10, 2014

CU24 participating credit unions will be able to continue to offer their members access to funds at 55,000 Allpoint Network ATMs in four countries.

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New Ensenta patent addresses RDC 'problem images'

November 10, 2014

Check Edit Express enables efficient and early editing of problem images submitted via ATM, mobile phone, kiosk or desktop scanner.

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UK ATM deployer NoteMachine acquires IFX provider Eurochange

November 7, 2014

The acquisition extends the range of NoteMachine services to include not only cash, but also foreign exchange and international payments services.

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EMV chip-and-signature: The mirage of protection

Without a holistic approach to user and transaction verification we're only presenting an appearance of protection — one that will vanish when tested by…

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The gathering storm over tokenization

November 6, 2014

A new report explains how tokenization will affect the payments value chain, and how Apple Pay might affect the fortunes of Google, PayPal, MCX and Softcard.

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Aconite, Proxama deal will create one-stop solution for EMV, NFC migration

November 5, 2014

The companies will offer an end-to-end solution for migration from mag stripe cards to EMV chip cards and token-based contactless mobile NFC systems.

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EMV used in 30 percent of transactions worldwide, data reveals

November 4, 2014

In Europe Zone 1, 96 percent of transactions were EMV-enabled; in the US, 0.03 percent were, EMVCo says.

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Inetco sets up shop in London's 'Tech City'

November 4, 2014

The transaction monitoring and analytics software provider will use its London base to expand the company's footprint in European markets.

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