Topics: Transaction The PayPal vs. Square Battle: Who’s Your Money On? May 22, 2013After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email. Fees On Real-Time Foreign Account Transfers Could Generate $1.1 Billion for Banks, Study Finds May 14, 2013New research from FIS shows that a number of consumers, particularly those that use foreign account transfers, would be willing to pay a fee to get their payments processed in real-time by their primary bank. Real-Time Payments Offers Opportunity to Build Customer Loyalty, Study Finds May 06, 2013Consumers are not only interested in real-time payments, but they’d prefer their primary financial institution to be their real-time payments provider, a recent FIS study suggests. New ACI Platform Aims to Help In Adapting to Change in Payments April 23, 2013ACI Worldwide’s new payments platform targets the difficulty banks are having in updating aging legacy systems to deal with new changes in the payments market. Banking Industry Proactively Developing Anti-Fraud Measures for Mobile March 13, 2013The industry, having experienced so many online attacks, is proactively developing strategies and solutions for mobile fraud – many of which have been on display at BAI Payments Connect. Guitar Center Accepts PayPal In-Store November 19, 2012National musical instruments retailer Guitar Center is now offering PayPal mobile and card payments at the point-of-sale. BillGuard's Transaction Monitoring Added To Lemon's Digital Wallet November 05, 2012BillGuard is extending it's reach in the digital wallets space, forming a new partnership that will add it's solution for transaction monitoring to the Lemon Wallet. VeriFone Cashes in on Nigeria's Cash-less Payments Initiative August 23, 2012VeriFone reports receiving 80,000 orders for new payments systems in Nigeria, which is trying to update its payment infrastructure to modernize its economy. Square Offers New Monthly Price Rate Following Starbucks Deal August 17, 2012Square introduces a new pricing plan for its clients after last weeks blockbuster deal with Starbucks. ACI Worldwide Introduces Merchant Payments Solution for Mobile Wallets August 16, 2012ACI's Retail Commerce Server now integrates mobile wallet payments into a merchant's existing payments infrastructure.
New Deal with Starbucks Raises New Issue for Square August 10, 2012The new deal with Starbucks means that Square will have to figure out how to make money processing credit card transactions for small purchases, like a cup of coffee. Commonwealth Bank Aims to Revolutionize Mobile Point-of-Sale Transactions July 17, 2012Commonwealth Bank rolled out a new set of mobile software, hardware and applications technologies today for merchants enabling point-of-sale transactions. The Future of Corporate Banking: Intelligent Transactions to Improve the Customer Experience April 19, 2012The next big thing in the treasury services/corporate banking space will be bringing intelligence into high-value transactions, according to participants at the recent SWIFT Operations Forum. Three of Every Four Banks Planning Single Transaction Banking Business in the Next Year, According to Survey September 19, 2011A survey from software firm Misys shows a trend to consolidate cash and trade businesses into one transaction banking group. Implementing a Consumer-Safe Transaction Marketing Program July 05, 2011As Dodd-Frank continues to take shape what are some best practices for banks engaging in alternative customer rewards programs? S1, Fundtech CEOs See Transaction Banking Strength in Merger June 28, 2011The heads of the two vendors see a combined portfolio across retail and commercial transaction banking products as key advantage in merger. Citi Nabs Top Institutional E-Banking Platform In Analyst Study April 08, 2011Research and consulting firm Greenwich Associates ranks Citi's at the top of institutional banking platforms among leading banks. Israeli Bank Monitors Transactions to Improve Service May 10, 2010First International Bank of Israel aims to ensure that all transactions, including stock purchases and wire transfers, are completed quickly and correctly. ID Theft, Card Fraud Top Consumer Concerns, Unisys Survey Finds April 13, 2010
Identity theft is among the top concerns of American citizens, with 64 percent saying they are seriously concerned about its implications, according to the latest update to the Unisys Security Index, released April 13. Fiserv Launches New IAT Watch List Filtering Solution February 01, 2010Fiserv launches new IAT Watch List Filtering solution; monitoring tool helps financial institutions comply with new NACHA IAT rules.