20 August 2017
visit www.avoka.com

Pre-Christmas spending breaks Royal Bank transaction processing record

24 January 2003  |  3129 views  |  0 Pre-Christmas spending breaks Royal Bank transaction processing record

ACI Worldwide says it authorised 10.7 million card transactions for the UK's Royal Bank of Scotland Group (RBS) on 23 December 2002, breaking all previous processing records for the bank.

ACI's Base24 system, which supports RSB's card processing service Streamline, authorised the transactions at a peak of 318 transactions per second.

The vendor says activity for the month was 20% up on last year when the same system authorised 8.6m transactions, peaking at 271 transactions per second.

Jim Tomaney, ACI worldwide marketing director, Emea, says despite concerns about the economy and consumer confidence, UK card transactions continue to rise.

"This is the 13th consecutive year that ACI has seen a record rise in single day transaction volumes around the Christmas period," he says.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Royal Bank upgrades Web site as surfers say 'give it to us straight'

Royal Bank upgrades Web site as surfers say 'give it to us straight'

17 January 2003  |  3649 views  |  0 comments
Royal Bank of Scotland fined over money laundering failures

Royal Bank of Scotland fined over money laundering failures

17 December 2002  |  5994 views  |  0 comments
Off-site machines top Royal Bank seasonal ATM charts

Off-site machines top Royal Bank seasonal ATM charts

16 December 2002  |  4647 views  |  0 comments
Royal Bank of Scotland talks up online mortgage service

Royal Bank of Scotland talks up online mortgage service

11 December 2002  |  4264 views  |  0 comments

Related company news

 

Related company information

ACI Worldwide

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.worldpaymentsreport.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9153 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7903 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7357 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
6659 views 0 | 1 tweets | 1 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6516 views 1 | 5 tweets | 3 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job