Saturday , April 20, 2024

ATMs

NCR Says Its Integration of Processor JetPay Into Its POS Systems on Track

Integration of JetPay, the processor NCR Corp. bought for $184 million in 2018, into NCR’s point-of-sale systems will be more broadly available in the second half of 2019, NCR said Tuesday. NCR intended to marry JetPay with its POS systems, including NCR Silver and Aloha, in an effort to offer …

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Facebook Planning a Crypto Payments System? and other Digital Transactions News briefs from 5/3/19

Facebook Inc. reportedly is planning a cryptocurrency-based payment system using a digital coin with stable value that would enable the social-networking giant to avoid fees it incurs for conventional card payments, according to a report in The Wall Street Journal cited by the Associated Press. The report says Facebook is …

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KeyBank Issuing Contactless Cards and other Digital Transactions News briefs from 4/24/19

KeyBank said it has begun issuing contactless-enabled Mastercard credit and debit cards. Diebold Nixdorf Inc. said KeyBank will upgrade its network of 1,400 ATMs with Diebold’s DN Vynamic portfolio of software applications that includes ATM management and more options for customers, including selection of bill denominations. Payments provider CCBill LLC announced …

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Cardtronics Add Cardless Cash Feature to 11,000 ATMs and other Digital Transactions New briefs from 4/5/19

Cardtronics plc completed the integration of FIS Cardless Cash into 11,000 ATMs and expects to add 8,000 machines over the next several months. Cardtronics and Fidelity National Information Services Inc. (FIS) announced the integration in 2017. Online lending platform OnDeck said it will begin funding small-business clients with same-day credits …

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Card Fees Increase 9.9% for C-Stores and other Digital Transactions News briefs from 4/3/19

Payment card fees paid by convenience stores last year rose 9.9% to $11.1 billion from $10.1 billion in 2017, NACS, formerly the National Association of Convenience Stores, says in its newly released State of the Industry report. The increase in card fees outpaced 2018’s 8.9% increase in total sales, to …

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Details on Apple/Goldman Card? And other Digital Transactions News briefs from 3/25/19

Apple Inc. on Monday is expected to make several major announcements, possibly including one regarding a credit card it is reportedly developing with Goldman Sachs Group Inc. that would work with the iPhone and Apple Pay, according to news services. Apple’s iOS 12.2 update will integrate a new wallet app …

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Chase Replacing Prepaid Liquid Card With a Bank Account

Banking giant JPMorgan Chase & Co. is discontinuing its Chase Liquid general-purpose reloadable prepaid card and replacing it with a checking account called Chase Secure Banking, which has many of the same features but requires the customer to open a Chase bank account. Launched in 2012 and aimed mainly at …

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ATM Operator Cardtronics Sees Better Times Ahead After a Rough 2018

It was a rough 2018 for leading ATM network operator Cardtronics plc, but the company’s top management predicted Thursday that 2019 will be better. Houston-based Cardtronics early last year muddled through the end of its long-standing relationship with its biggest customer, 7-Eleven Inc., which is pulling down year-on-year comparisons. At …

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NAB Integrates With Vend and other Digital Transactions News briefs from 2/20/19

Payments provider North American Bancard Holdings LLC said it is integrating its capabilities with retail-management and point-of-sale software provider Vend. The joint service will be available to retailers through NAB’s resellers. Digital Debit Group, a unit of Qondado LLC, released a Quick Response code-based app for iOS and Android devices …

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ATM Deployer Paramount Makes Acquisition and other Digital Transactions News briefs from 2/19/19

ATM and payment-services provider Paramount Management Group LLC acquired CAI—The ATM Company, an independent deployer with thousands of ATMs in New Jersey, New York, Connecticut and other states. Terms of the acquisition were not disclosed. A partnership between Transaction Network Services and P97 Networks has processed in-dash fuel payments for …

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