FIME adds new features to SAVVI EMV terminal testing platform

SAVVI 2.0 introduces a simplified user interface, online test card maintenance capabilities, and programmable test cards.

FEATURES


Two merchants pull the plug on NFC (and Apple Pay) as MCX looms

CVS and Rite Aid turned off NFC support last week, raising the ire of Apple supporters who vowed to take their business to Walgreens.

Using cash for small purchases shows a consumer's age

A recent study found that consumers under age 30 are much more likely to use plastic even to pay for purchases under $5.

Apple Pay: A short-term plan for 500 banks?

Costs associated with the Apple partnership might accelerate financial institutions' plans to release their own mobile wallets — perhaps even with some help from merchants.

Obama executive order calls for 'BuySecure' initiative

An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward nationwide adoption of EMV.

Will EMV lead to more contactless ATMs?

Some forward-looking independent ATM deployers have begun to develop strategies for implementing contactless ATM transactions.

The ATM industry's foreign fee fiasco

Are financial institutions shooting themselves in the foot by charging their customers to use other providers' ATMs?

Considerations for EMV migration at the ATM

The process of moving to EMV technology can seem overwhelming, but thorough planning, communication and coordination can help make the transition a success.

The long and 'cash-is-required' road …

The question remains, with Apple Pay fully implemented and consumers and merchants all engaged, will our need for cash be affected?

Why the ATM Industry should embrace Apple Pay

The potential for interaction between the ATM and the device consumers see as key to their lifestyle — the smartphone — could increase the perceived value of the ATM in their banking routine.

New guide caters to restaurateurs, retailers looking to boost income with ATMs

'How to Profit from ATMs: A Guide for Retailers and Restaurateurs' delivers 40 pages packed with essential information about the business of owning, operating and earning revenue from ATMs.

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NEWS


Card data theft the No. 1 worry among Americans, Gallup poll says

Gallup found that 69 percent of Americans worry about having card information stolen in a retail data breach — and suggested that this fear could increase reliance on cash.

FIS, CSCU team up to extend fraud protection solution to CUs

Compromise Manager promises timely card blocking, reduced administration costs, and automated cardholder alerts for small and midsize credit unions.

FIME urges financial industry to add NFC along with EMV

The company says the financial industry should expect growing consumer demand for contactless following the rollout of Apple Pay.

Clearing House announces plan to pursue real-time payments

The multiyear project will address gaps in payment processing in order to ensure secure and immediate payment in merchant and consumer sectors.

Study: In Europe, low-value cash payments migrating to cards

From 2010 to 2012, the number of card payments in western Europe grew by 15 percent, while in central and eastern Europe, they increased by 82 percent.

Rototype cashless ATM a boon to Nigerian banks, merchants

Shoppers pay for purchases using their ATM card in the machine, which instantaneously debits a payment to the merchant's account.

Half of US POS terminals will be chip-enabled by end of 2015

Massive data breaches in the past year seem to have prodded retailers to take action to curb their potential exposure to losses from fraud.

SBI rolls out tortuous ATM fee schedule following RBI rule changes

For customers with a low average monthly account balance, keeping the rules straight could be frustrating; for those with a heftier balance, they're as simple as f-r-e-e.

FIME partners with Russian card software provider

The relationship will extend FIME EMV migration and certification services to issuing and acquiring banks in the region.

Denali Alaskan FCU partners with Co-op for ATM access

The Co-op ATM program allows the FCU's members to use 30,000 Co-op networked ATMs across Alaska and the lower 48 states.

Prepaid cards rule in September spending; checks see rare increase

Total dollar volume was up year-over-year, but month-to-month growth slowed slightly as consumers took a breather between back-to-school and Halloween spending.

Global card payment volume tops 200B in 2013

A new study by RBR has found that the number of payments made by card worldwide grew 13 percent between 2012 and 2013.

Fiserv Portico collects 11 new CUs

The zero-footprint solution has attracted a variety of new users over the past 13 months.

New card from Oberthur changes up CVC... literally

Oberthur Technologies says that it has developed a solution to card-not-present fraud — a payment card that generates a dynamic card verification code.

Study: Prepaid travel card outlook and opportunities

A new report examines the methods and distribution channels used by issuers to get their products into the hands of consumers in this growing market.

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ATM transaction processing is a core function of the ATM business equation. This Topic Center focuses on ATM transaction processing and the companies who provide processing services.