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Transaction Processing News & Media

First Data, Associated Bank renew debit, Star Network relationship

April 8, 2013

Payment processor First Data Corp. recently announced an agreement renewing its relationship with Associated Bank, a $23 billion bank holding company based in…

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India's RuPay cards to go global in July

April 8, 2013

The National Payments Corporation of India recently announced an agreement with Discover Financial Services that will take India's new RuPay debit card…

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ATMIA refiles amicus brief in card settlement as states mull merchant surcharge bans

April 5, 2013

On March 29, the ATM Industry Association refiled its amicus brief in the U.S. District Court of Eastern New York, restating the association's opposition to…

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Regions Bank adds check cashing at 700 ATMs

April 4, 2013

Regions Bank cardholders have a new option for cashing a check and getting speedy access to their money. Customers carrying selected Regions cards — Regions…

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Fiserv intros RDC solution that deposits checks to prepaid cards

April 2, 2013

Fiserv Inc. has announced mobile loading capability for prepaid cards, allowing cardholders to load immediate, guaranteed funds from a personal or business…

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Compass Plus helps PrivatBank achieve record processing performances

April 1, 2013

Compass Plus, a provider of software for processors and financial institutions, has announced that PrivatBank, Ukraine's largest FI, has achieved outstanding…

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Alterna Savings reups with Threshold Financial Technologies

March 28, 2013

Alterna Savings and Threshold Financial Technologies Inc. have announced a new contract for payment processing services from Threshold. In addition to…

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5 best practices for monitoring multi-channel banking environments

by Marc Borbas — VP, Marketing, INETCO

Over the past few months, we have seen retail financial institutions face mounting pressures to keep up with evolving self-service banking…

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Monex, Switch Commerce partner on DCC software offering for 45,000 US ATMs

March 25, 2013

Monex Financial Services and Switch Commerce have partnered to deliver dynamic currency conversion service to an extensive network of Switch Commerce-supported…

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In Cyprus, ATM withdrawals limited, 'bitcoin ATM' plan in the works

March 25, 2013

Two of the largest banks in Cyprus have cut their ATM withdrawal limits from €260 ($336) to €100 ($129). The step was taken in order to prevent a run on…

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Crikey, that's a lot of foreign ATM fees!

March 21, 2013

Australians pay out-of-network fees on 40 percent of their ATM transactions, research has revealed. The total for all this "off us" action: $670 million…

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Is the ATM industry finally getting traction on an EMV spec?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As 10 networks agree to adopt a common AID, ATM implementation suddenly looks more doable.

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Visa may have to pay billions for European network

March 20, 2013

The European banks that currently own Visa Europe are thinking of setting up their own competing payments network in Europe. Not only would this mean new…

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Ceridian Stored Value Solutions honored in Paybefore Awards

March 19, 2013

Ceridian Stored Value Solutions has been named the Breakout Company of the Year in the 2013 Paybefore Awards Europe competition. The annual contest was created…

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Inventor of ATM PIN to be honored at Harvard

March 19, 2013

James Goodfellow, the Scot who invented the PIN number in 1965, will be honored this Thursday during an awards dinner and ceremony at Harvard University, where…

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Beyond 'cash out': ways to cash in on ATMs (videos)

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Now that today's ATMs can do so much more, should you be looking into adding new revenue sources?

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Visa, Planet Payment team up for ATM activation in Myanmar

March 18, 2013

Visa has announced the opening of the Myanmar market to ATM and POS acceptance through licensing agreements with Co-operative Bank, Kanbawza Bank, and Myanmar…

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Discover Financial Services teams with Nigeria's Interswitch

March 14, 2013

Discover Financial Services and payment processing service provider Nigerian Interswitch Ltd. have partnered to allow acceptance of Discover and Diners Club…

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Alaric-MII partnership nets first Indonesian bank customer

March 14, 2013

Alaric, a supplier of fraud prevention and payments solutions, has signed a deal with the Indonesian arm of a large international bank. The unnamed…

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ATM fees out, card maintenance fees in

March 13, 2013

"Dear valued customer, in order to serve you better, from March 2013, a monthly N100 (63 cents) card maintenance fee will be charged for all cash withdrawals…

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