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Featured Articles

  • Fraud Reporting - It's Criminal

    Thursday, December 01, 2011

    Understanding the scale and source of global fraud is vital if the industry is going to tackle it. Yet getting a handle on what is really taking place is a challenge.

  • 4 Ways Coupons Are Changing

    Sunday, November 06, 2011

    The big story late last week was the long-anticipated initial public offering of stock in Groupon, the Chicago-based daily coupon company. After initially pricing its offering at $20 a share, the price climbed as high as $31.34 Friday. While some business news outlets have gone as far as to call the company – with its sometimes-questionable accounting practices – a “Ponzi scheme,” there’s no doubt that it’s the tech stock of the moment. Meanwhile, countless competitors have cropped up, with everyone from Google to various niche upstarts trying to get a cut of the action.

  • Cards for the Family - a New Way to Differentiate

    Tuesday, November 01, 2011

    Credit and debit card use is on the increase with global transaction volumes up by 9.7 per cent in 2009. In fact, cards remain the favourite alternative to cash, with a market share of more than 40 per cent in most countries.

  • The Banker Profiles Christo Vrey from Absa and Cashsend

    Saturday, October 01, 2011

    Absa’s head of digital channels talks about the motivation behind a recently launched service allowing customers to electronically transfer money via SMS to anyone with a working mobile phone.

  • Regulation Industry Worries about the Impact of New Rules

    Tuesday, September 20, 2011

    Global regulatory efforts to make banks safer and more responsible could drive up the price of some basic transaction services, bankers and consultants have warned. These include payments processing and securities custody.

  • U.S. Aims to Track Untraceable Prepaid Cash Cards

    Thursday, September 01, 2011

    As the federal government tells it, the money men behind the Sept. 11, 2001, hijackers would never have been identified had they not been lousy bankers.

  • Payment Systems for the Omni-Channel Merchant

    Monday, August 29, 2011

    The payment transaction is becoming a core part of the online shopping experience. The right payments-processing platform can provide the operational infrastructure that creates and supports a truly agile ecommerce business.

  • Visa's Solo Chip-Card Move Disrupts Other Initiatives

    Friday, August 12, 2011

    Visa Inc.'s move to prompt widespread chip-card acceptance will have major consequences for merchants and card issuers, particularly if the other card networks do not follow its lead. By Kate Fitzgerald

  • ACI Server Boosts Payment-Processing and Loyalty Options

    Friday, August 12, 2011

    ACI Worldwide Inc. is rolling out an upgraded version of its payments server that will boost security systems and marketing processes for retail clients, including the ability to offer consumers immediate rewards at the point of sale, a company executive says.

  • ACI Worldwide Establishes Financial Crimes Consultancy Service

    Wednesday, August 03, 2011

    ACI Worldwide, a leading international provider of payment systems, today announced the launch of ACI Financial Crime Consultancy Services, a series of structured consultancy packages designed to improve the results achieved through the use of ACI Proactive Risk Manager(TM), and optimize financial institutions' fraud management operations.