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Transaction Processing News & Media

Bitcoin prices rebound after Silk Road closure

October 21, 2013

The digital peer-to-peer currency Bitcoin has seen its price bounce back after a market crash in April. The price on Mt. Gox, the largest exchange, hit $197.4…

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3 upcoming upgrades that could increase FIs' costs

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

In today's self-service culture, ATMs and mobile banking have become key aspects of customer satisfaction and retention. However, the fast pace of…

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Credit Union One taps Fiserv DNA

October 17, 2013

Credit Union One, a Ferndale, Mich.-based FI with $810 million in assets, has selected the DNA account processing platform from Fiserv."The open architecture…

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How the mag stripe can actually prevent ATM fraud

At the ATM & Mobile Executive Summit in late September, Mimi Hart, CEO of MagTek Inc. (and a recent winner of the Most Influential Women in Payments award)…

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Mexican ATMs fall prey to new cyberattack

October 11, 2013

Mexican ATMs have become the target for physically installed malware called "Ploutus."  The malware was designed to take over the ATM at the software level and…

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ATM & Mobile Executive Summit 2013: the Durbin dilemma

Just when the U.S. payments industry was getting close to a common solution to its unusual quandary of how to enable network choice for EMV transactions, along…

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ATM & Mobile Executive Summit 2013: Payment trends

Where retail card technology goes, ATM card technology goes. In a Sept. 25 panel discussion, "Retail Payment Trends," Marisa Mann, director of client delivery…

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PayPal joins ATM makers with QR code-activated transactions

October 8, 2013

In the process of developing smartphone apps that enable cardless, pre-staged ATM transactions, manufacturers mostly settled on QR codes as cardholder…

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Study: Cash-based online and mobile payment services around the world

October 8, 2013

ATM operators around the world know that cash remains a significant consumer payment instrument. But as goods and services move online, consumers who use cash…

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EMV Forum moves forward despite Durbin ruling

October 8, 2013

Members of the EMV Migration Forum continue to work toward the implementation of EMV chip technology in the United States, despite uncertainty rising from a…

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ATM & Mobile Executive Summit 2013: The ATM-mobile connection

ATM Marketplace Editor Suzanne Cluckey recaps her ATM and Mobile Executive Summit presentation on mobile convergence.

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ATMIA invited to Fed meeting on chip standards

October 7, 2013

The ATM Industry Association has been asked to participate in an invitation-only conference on "Integrated Chip Payment Standards: The Next Generation," an…

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Proposed card settlement continues to raise concerns

by David Tente — Executive Director, USA, ATM Industry Association

Ever since the details of a proposed class action settlement between merchants and MasterCard/Visa were released last year, support for the deal has rapidly…

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Columbus Data Services completes MasterCard EMV certification for Genmega, Hantle ATMs

October 7, 2013

Dallas-based Columbus Data Services, a provider of ATM processing and other services, has announced that its successful completion of MasterCard EMV…

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CSI reports 37th consecutive quarter of growth

October 4, 2013

Financial technology solutions provider Computer Services Inc. has continued on a path toward growth for the 37th consecutive quarter. The company today…

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Alaric wins bid to replace China Bank ATM switch

October 4, 2013

Payments solutions provider Alaric has announced that China Banking Corp., one of the 10 largest FIs in the Philippines, has selected its Authentic platform…

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City National Bank to go cardless at major metro ATMs

October 4, 2013

FIS and City National Bank, an FI with 27.4 billion in assets, have announced an agreement to pilot FIS Cardless Cash Access at City National ATMs in Los…

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Bitcoin at the end of the (Silk) Road

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Will it help or hurt the digital currency that its busiest merchant, Silk Road, was busted this week by the FBI?

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ATM & Mobile Executive Summit 2013: In review

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Event co-organizer Kurt Helwig, CEO of EFTA, shares highlights from the 2013 conference and plans for the 2014 event.

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ATM+Mobile Executive Summit 2013 in review

A successful first annual ATM and Mobile Executive Summit wrapped on Sept. 26, as attendees headed home with innumerable takeaways from a full slate of…

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