Befuddled and confused about EMV

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Those needing to update their infrastructure to support EMV might be befuddled and confused by chip and signature, but wrongdoers have it all figured out.

FEATURES


7 mobile wallets that are shaking things up in payments

There are umpteen mobile wallets in the marketplace angling for customer loyalty (and marketing data). Here are seven contenders to keep an eye on.

Preview: 2015 ATM & Mobile Innovation Summit

Technology offers new ways for consumers to hold, control and spend their money. This summit promises to help execs get their arms around the former and meet the expectations of the latter.

Scary times ahead, indeed!

What is particularly scary is the sheer number and value of transactions being processed today.

Breaking the ice: The US meets cash recycling ATMs (finally)

With the launch of what they believe to be the nation's first cash recycler in New York City, Elan and Hyosung say the US market is warming up at last to the cost-saving device.

Blink and you'll get it!

Picture this: MasterCard is piloting a security scheme that will approve bankcard purchases with a selfie — and a blink.

Priorities, challenges and benefits: The future of cards and payments

Share your point of view — take our industry survey about transformation in the cards and payments space.

Legal tender? Time to reexamine the cost of cash

Cash has a cost for sure, but the real question is what price is a world without cash? The cost of ditching it could be a lot higher than many people realize.

Hell's Bells — no more transaction fees!

Payments software giant ACI Worldwide has acknowledged that, in the future, users of licensed payments solutions won't look favorably upon vendors charging transaction fees.

The Bitcoin ATM: An objective view

The new 'Bitcoin ATMs 101' guide from ATM Marketplace cuts to the chase on the risks and rewards of mixing traditional and virtual currencies at the ATM.

Under the Milky Way tonight ...

How brightly do our systems shine today? How proudly do we stand beneath the overarching technology we rely on to compete in today's business world?

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NEWS


Eval 4dev sends EMV Level 2 kernel testing to the cloud

Fime says its new solution allows development teams to check their work step by step, reducing the risk of failure in certification testing.

Brunei bank taps Euronet for ATM-switch changeover

The ITM Payment Hub solution allows Brunei-based Perbadanan TAIB to manage a host of transaction functions from a single platform.

First Tech, MasterCard pilot puts selfies to the test

'Selfie Pay' will test the use of facial recognition and fingerprint ID for online credit and debit card purchases transacted via smartphone.

Boston-area FI joins ATM cardless cash movement

Avidia Bank, a community FI serving suburban Boston, has partnered with FIS to offer QR code-based cardless cash access at its ATMs.

Partnership ups the effectiveness of check fraud detection

IMM and Advanced Fraud Solutions say they are now able to provide almost real-time notification of potentially fraudulent check transactions.

Capital Prepaid Visa card adds mobile RDC

Using a smartphone, cardholders can take a picture of a check and, if it's approved, load the funds to their card within minutes.

Euronet aids Indonesian FI with chip card issuer-acquirer cert

Euronet and its local partner, PT Sigma Cipta Caraka, worked with Bank Antardaerah to implement support for chip card ATM and debit transactions.

EMV solution offers workaround for complex certifications

Payment solutions provider OpenEdge says its systems are tested, certified and ready to process EMV transactions.

DNA approves Fime chip card personalization validation service

The new DNA program confirms that EMV chip cards using the DNA Shared Debit AID and corresponding acceptance terminals comply with DNA requirements.

Australian banks reportedly at odds with Apple over interchange

At the center of the debate is the $2 billion in interchange fees the banks make per year.

Moldova Bank enables ATM-based money transfer with Cash By Code

For security purposes, the transaction provides a two-part code and a 24-hour time window for cash withdrawal by the recipient.

ABnote, MeaWallet team to offer brandable mobile wallet

The companies say that their collaboration offers ABnote customers a simple path to EMV-based mobile payments.

Real-time payment group releases first draft of messaging standards

The industry group aims to help countries with domestic implementations and facilitate interoperability between systems internationally.

Enhanced batch check service adds counterfeit notification

Early Warning's enhanced batch deposit check service alerts an institution to the likelihood that an item might be counterfeit.

Euronet, Jakarta FI partner on EMV initiative

Euronet and its Indonesian partner, PT Sigma Cipta Caraka, will help the bank to implement system modifications needed to support chip card-based debit card transactions.

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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.