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Transaction Processing News & Media

Mexico's largest processor certifies GRG ATMs

December 9, 2013

Mexico's largest e-payment processor has certified the GRG Banking H68N Series cash-recycling ATM for use on its payment and POS network throughout the country.

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European ATM operators prepare for new €10 banknote

December 9, 2013

The most recent newsletter for ATMIA Europe included a European Central Bank update on plans for the introduction of the new Europa Series €10 banknote. ECB…

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Fed files reply in interchange case

December 6, 2013

The Federal Reserve Board met its Dec. 4 deadline for filing its reply to merchants' arguments against the agency's implementation of the Dodd-Frank-imposed…

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Co-op digital wallet to provide pay-anyone payments and global mobile access

December 5, 2013

Co-op Financial Services has introduced a new version of its Sprig digital wallet platform with new services from its long-standing business partner…

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Lamborghini dealership accepts Bitcoin for car purchase

December 5, 2013

In what might lend a small bit of legitimacy to the controversial digital payment scheme, a Lamborghini dealership in Costa Mesa, Calif. announced yesterday…

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Obstacles still hinder speed and efficiency of payments system

by Terry Dooley — SVP & CIO, ITS, Inc

Federal Reserve Bank of Cleveland President Sandra Pianalto recently said the central bank, which handles more than "$3 trillion a day to pay for goods…

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First Data jettisons 500 jobs in Denver

December 4, 2013

Beleaguered payment processor First Data has eliminated more than 550 positions in its Denver office. The company has said that an unspecified number of Denver…

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ATM emulation helps simplify EMV migration for Chilean FI

December 3, 2013

Like many South American FIs, Santiago, Chile-based Banco Falabella has begun the costly and complicated process of changing over its ATMs to the EMV chip…

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WorldPay achieves Discover EMV certification

December 3, 2013

Payments acquirer WorldPay US has successfully completed EMV certification requirements for the Discover network. This completes the company's certification…

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Software solution helps Fiserv plug into EMV

December 3, 2013

Aconite Smart EMV Manager, a software plug-in that equips existing card authorization systems to process EMV card transactions, has gone into production at…

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ACI, VocaLink extend ATM managed service agreement to 2021

December 2, 2013

Florida-based electronic payment and banking systems provider ACI Worldwide and VocaLink, operator of the national payments infrastructure for the United…

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NCR pursues business transformation through acquisitions

December 2, 2013

One down, one to go: Late Monday afternoon, NCR Corp. announced a definitive agreement to acquire Digital Insight Corp., a provider of online and mobile…

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Hitachi buys Indian ATM deployer, processor Prizm

December 2, 2013

Hitachi is taking a stake in the Indian ATM market with the acquisition of Prizm Payment Services, a provider of ATMs and ATM payment services. The…

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Bitcoin, Robocoin ATM chalk up some ka-ching

December 2, 2013

It's been a big year for Bitcoin. The virtual currency got its first currency accepting/dispensing ATM just a little more than a month ago, and is now boasting…

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Columbus Data Services, Shazam strike ATM sharing agreement

December 2, 2013

Dallas-based ATM processor Columbus Data Services has begun processing transactions via the Johnston, Iowa-based Shazam Network, a full-service payments…

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Pakistan's largest bank makes the switch to EMV

November 25, 2013

In a major step toward EMV migration in Pakistan, HBL, the country's largest bank, has started issuing EMV Visa debit cards. Technology provider TPS Pakistan…

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Alaric Authentic adds support for DB2, Microsoft SQL

November 21, 2013

Fraud prevention and payments solutions provider Alaric has updated its Authentic transaction processing solution, incorporating new features that include ATM…

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First Data posts Oct SpendTrend report

November 21, 2013

E-commerce and payment processing provider First Data Corp. has released its SpendTrend analysis for Oct.1, 2013 through Oct. 30, 2013 compared with Oct. 2…

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Study: 250M cards will be used for contactless payments in 2014

November 20, 2013

Will consumers expect to make contactless transactions at the ATM sometime soon? A new report from Juniper Research seems to suggest that they might.

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Real-time payments expected to take hold by 2018

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent ACI Worldwide survey asked 200 executives from commercial and retail FIs, credit card companies and technology providers for their opinions regarding…

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