TSYS and FICO Launch Integrated Fraud Management Solution

TSYS  a leading global payments solution provider, and FICO®  a leading analytics software company, have announced the integration of FICO’s latest version of its fraud management solution, FICO® Falcon® Fraud Manager 6 with TSYS’ licensed PRIME card and merchant management solution. This extension to TSYS’ global strategic alliance with FICO will enable TSYS to offer the Falcon

Cardtronics Providing ATM Services in Mass Quantities for US’s Costco

Cardtronics announced that Costco Wholesale has renewed the company as a key provider of ATM services in the United States, adding a long-term contract extension to a relationship established in 2005. The world’s largest retail ATM owner, Cardtronics owns and operates more than 450 ATMs located in Costco membership warehouses spread across 39 states today,

Social Welfare Card for Two Million People with Low Income in Turkey

Two million low-income Turkish citizens will receive their welfare funds on MasterCard Prepaid Cards. That means beneficiaries such as widows, the disabled, and the elderly, will no longer have to wait in queue for hours on end to get their money.  Their benefits will be given to them faster and much more securely.  Electronic payments

NCR Secures Over 2,000 SelfServ ATM Order from China’s ICBC

Global technology company NCR Corporation has secured a significant order from Industrial and Commercial Bank of China (“ICBC”)  for more than 2,000 NCR SelfServ™ automated teller machines (ATMs) in the first half of 2013. The purchase came from ICBC’s first and second batch ATM central buy order in 2013, which includes a total of 2,146 NCR SelfServ

US Bill Payments – Western Union Releases Bill Payments Money Mindset Index

The Western Union Company, released the latest findings from the Western Union Bill Payments Money Mindset Index. The survey of U.S. consumers reveals mobile device ownership and usage are changing consumers’ bill payment behaviors, even as people continue to use different payment channels like in-person or mail to meet their budget and lifestyle needs. For example,

US-based SecureBuy Upgrades 3D Secure MPI (Merchant Plug In) Offering

SecureBuy has announced a critical upgrade to their complete end to end eCommerce and Mobile payment fraud solution that allows merchants to process orders from blacklists with all reward and no risk. Blacklisting is a very common practice in eCommerce where a merchant compiles a list of untrusted customers by name, zip code, IP address,

MoneyGram Launches Service That Allows PayPal Withdrawals at at US Locations

MoneyGram, a global money transfer company, announced that PayPal’s 55 million active U.S. account holders can now initiate a withdrawal from their accounts – online or via mobile – and pick up the funds at any MoneyGram location in the United States. This represents the first phase of a rollout that will also include the ability for PayPal

Identive Group Reports Results for its 2013 Second Quarter

Identive Group, Inc. a provider of products, services and solutions for the identification, security and RFID industries, reported its financial results for the second quarter (Q2) ended June 30, 2013. “In the second quarter 2013, we delivered growth in target markets and gained traction with key offerings, demonstrating Identive’s strategy is coming to fruition,” said

VeriFone Hosts Mobile Payments for French Rail Operator

VeriFone Systems, Inc.  announced that its PAYware Wynid managed payments solution is powering passenger ticket purchases aboard France’s national railroad operated by SNCF Group. Deployment began in April with the first 1,000 handheld devices that are planned to number 12,000 over three months and handle an estimated 1,650,000 million payment transactions annually across the SNCF-managed

WorldPay eCommerce Transaction Volume Grows 45%

The eCommerce division of WorldPay, a global leader in payment processing, risk and alternative payments, has today announced significant growth across all product groups with transaction volumes up 45% compared to the first half of 2012. In the first half of 2013, over 257 million gateway transactions were processed. Online transactions reached a record rate