Fintech

In another move to engage its customers, India Post, the national postal service of India, plans to deploy special-function ATMs throughout India, a spokesperson for service tells PaymentsSource.

Despite drops in second-quarter revenue and profitability, Diebold Inc.’s top executive remained positive about the company’s earnings thanks to accelerated growth in North America.

Aided by relatively strong performance from its EFT Processing segment, transaction processor Euronet Worldwide Inc. reported favorable second-quarter revenue and profitability.

Flush with cash and the prospect of stronger revenue growth for the rest of the year, Total System Services Inc., or TSYS, is eyeing potential acquisitions that would diversify its operations beyond its core credit card processing business.

A start-up company’s contactless-payment wristbands have gained the backing of the Visa brand under a product launch announced July 27.

Diebold Inc. announced July 27 that its second-quarter net income dropped 33%, to $20.3 million from $30.4 million a year earlier. Revenue was down 0.4%, to $662.4 million from $665.2 million.

Shares in S1 Corp. traded higher when the markets opened this morning as Israel-based Fundtech Ltd. reminded investors that its agreement to merge with S1 Corp. has not been finalized yet and could fall prey to yesterday’s higher offer by ACI Worldwide to acquire S1.

RICHMOND, Va. – Virginia CU is among a handful of companies that have signed with Comcast Cable to use dynamic ad insertion in On Demand programming, further leveraging the On Demand service as an advertising platform.

A final rule the Financial Crimes Enforcement Network established July 26 to prevent prepaid products from being used to launder money appears to have struck a balance between the concerns of retailers, program providers and law-enforcement officials.

Wedding bells are ringing again for technology vendors, but many bank executives do not know on which side of the aisle to sit for their immediate buying decisions.