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Transaction Processing News & Media

New regs give Canadians faster access to deposits

August 3, 2012

New Canadian banking regulations that came into force on Aug. 1, 2012, mean that customers who deposit a check in person with a federally regulated financial…

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Ten questions about India's IAD sector

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Prizm Payment Services explains how they've found success in a booming ATM market.

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FIS to provide ATM switching for Philippine National Bank

August 2, 2012

FIS has announced that Philippine National Bank has signed a multi-year agreement for delivery of an integrated retail payments platform supported by the FIS…

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Fed finalizes debit card interchange rule

August 2, 2012

The Federal Reserve Board on Friday announced the approval of a final rule that amends the provisions in Regulation II (Debit Card Interchange Fees and…

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National switches in the works in Tanzania, Ghana

August 1, 2012

Tanzania and Ghana are making progress toward the implementation of national switches that will allow bankcard interoperability across all bank ATMs in each…

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EMV coalition to support U.S. move to chip-based payments

July 31, 2012

The Smart Card Alliance today announced the formation of an independent, cross-industry organization, the EMV Migration Forum. The forum will support the…

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TD Bank adopts Fiserv CheckFree RXP

July 31, 2012

TD Bank, one of the 10 largest banks in the U.S., has expanded its 15-year relationship with Fiserv with the selection of the company's CheckFree RXP solution…

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Cashless Olympics score low at Wembley stadium

July 31, 2012

It looks like Visa might have fallen out of contention for gold in the "2012 Cash-Free Olympics" category.

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Global Payments says March data breach has cost $84.4M

July 27, 2012

Atlanta-based Global Payments Inc. yesterday announced results for its fiscal fourth quarter and year ended May 31, 2012. The transaction processor reported…

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CU members save $20M with fee-free ATM network

July 26, 2012

Tallahassee-Fla.-based Credit Union 24, the nation's largest credit union-owned ATM and POS network, announced today that its surcharge-free ATM programs have…

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Will cashless ATMs ever pay off for IADs?

by Thomas Hailey — Director of Business Development, CORD Financial Services

The concept of a cashless ATM is not new to the market. Scrip machines have appeared in merchant locations across the world for more than two decades, but have…

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How the Visa/MasterCard antitrust settlement might affect the ATM industry

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

It's all over but the sniping. But what will the ATM industry get out of the settlement, if anything?

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NCR, SunTrust Bank team up to deploy 1,600 SDM ATMs

July 19, 2012

SunTrust Bank, one of the nation's largest financial services companies, will deploy more than 1,600 NCR SelfServ ATMs equipped with Scalable Deposit Module…

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CO-OP NextGen ATM begins pilot test at Red Rocks FCU

July 19, 2012

Co-op Financial services has announced that, in partnership with Diebold Inc., it has begun live beta testing of its Co-op NextGen ATM software application…

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TruStone Financial FCU adopts Fiserv solutions

July 18, 2012

Fiserv Inc., a global provider of financial services technology solutions, announced today that Plymouth, Minn.-based TruStone Financial Federal Credit Union…

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Prizm Payments on pace to process over $50B in transactions in 2012

July 17, 2012

Mumbai, India-based payments company Prizm Payments announced today that it has become the fastest growing payments company in Asia and expects to reach a…

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M2Cash: A new revenue stream for ATMs?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A new money transfer service may offer existing ATM networks a new way to bring in incremental revenue.

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U.S. court of appeals rules in ATM antitrust suit

July 12, 2012

On Thursday, the 9th U.S. Circuit Court of appeals upheld a judgment against plaintiffs who had sought to bring a class action civil suit against a number of…

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PULSE expands transaction processing capacity with HP solution

July 12, 2012

HP has announced that Pulse, a Discover Financial Services company, has selected an HP Converged Infrastructure to deliver transaction processing services to…

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Regional bank expands relationship with FIS

July 12, 2012

FIS, a provider of banking and payments technology, today announced that Cadence Bank has expanded its relationship with the company, deploying several new…

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