Torching mom and pop

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With the major card schemes looking to offload up to $6B in annual card fraud beginning this year, the EMV risks to 'mom-and-pops' will grow exponentially.

FEATURES


The FI’s opportunity in a mobile payments world

As mobile banking and payments converge, financial institutions have the benefit of one critical advantage over non-FI competitors: customer trust.

5 ways to boost your ATM revenue

True, interchange rates are beyond an the control of IADs. But those who focus on factors that are within their control have the opportunity to grow their transaction counts — and their business.

Does virtual currency's past dictate its future?

An excerpt from opening remarks by Networld Media Group Publisher Tom Harper at the first annual Virtual Currency Today Summit in Boston.

Is your bank missing the payoffs of surcharge-free ATMs?

Fees are the No. 1 reason why consumers change FIs, and ATM fees are especially despised. Here are two ways to cut ATM fees and encourage consumer stickiness.

Consumers looking to be their own fraud protection advocates

Nearly two-thirds of American consumers say they would use a service that sends them an email or text when suspicious activity occurs on their payment card.

Testing the limits: ATM simulation resets the standard

Manual testing can only take an ATM operator so far. A recent webinar demonstrated how much further one can go with an automated solution.

ATMs: Cash is simply not enough

All those customers doing very little at ATMs besides getting cash are a wasted opportunity — and it's long past time to do something about it.

ATM transaction visibility: It's worth a look

A technical infrastructure manager describes how end-to-end transaction monitoring helped his team pinpoint network issues that were costing the company money.

ATMs in APAC and Australia: The value of testing

An April 9 webinar developed for an Australia-APAC audience will examine the effects of ATM testing on the end-user experience.

How an ATM processor mined transaction data to increase profitability

A March 31 webinar will explain how one payment processor used end-to-end transaction visibility to extract greater returns from its network.

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NEWS


ATM cash limit for TANF recipients puts Kansas crosswise with Fed

The legislature will have shot itself in the foot if a daily ATM cash limit of $25 for welfare recipients costs the state $102 million in annual block grants.

Authentic platform to power ATM, payments processing in Ukraine

Ukraine's largest independent payment processor will deploy Alaric Authentic software for payment services across central and eastern Europe.

CardConnect P2PE solution gains PCI SSC validation

The creator of CardSecure says that widespread adoption of point-to-point encryption is a necessary step in stopping malicious card data hackers.

Corporate prepaid cards to benefit from real-time transaction visibility

Mexico's Edenred has implemented Inetco Insight to monitor performance of transactions on prepaid cards used for corporate benefits, expenses and incentives.

Compass Plus expands business in UK, Europe

The software vendor says it has purchased a building in the UK to house a data center that will facilitate its expanding service to FIs across the globe.

Global Payments, AmEx roll out OptBlue in Canada

The program provides one settlement process and one point of contact for all major card brands, including American Express.

Position paper champions the right to choose cash

'It boils down to giving consumers the economic freedom of choice expected in all self-respecting free economies,' ATMIA CEO says.

Government proposal would let Danish retailers reject cash payment

The measure would save retailers considerable expense related to cash-handling and security, the government claims.

Authentic payment platform update touts integration, ease, security

The latest version of the EFT processing solution adds features and enhancements to further improve usability and flexibility, NCR says.

Indian payments players march forward on EMV transition

EMV processing infrastructure is in place and banks have been instructed to issue only chip-based cards beginning Sept. 1.

Alaska USA FCU, FIS partner on payment initiatives

FIS will provide ATM driving, EFT processing, card production, and a number of related services.

Datablink solution validates a transaction before it's a done deal

The Datablink 200 Mobile app allows credit and debit card providers to validate and confirm transactions instantly — before they are completed.

Early Warning, NCR partner on bank-to-bank good funds network

The project will allow consumers to enjoy safe, secure, and fast transactions across every touch point for their banking or purchases, NCR says.

Robocoin rolls out Romit cash remittance app

The company will exit the Bitcoin ATM business in order to focus on implementation of Romit software, which enables ATMs, kiosks and human cashiers to send money around the globe

FIME aligns terminal integration services, tools to new MasterCard M-TIP 2.0 spec

Following its terminal integration process update, the company says it can now accommodate testing for contact, contactless and dual-interface scenarios.

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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.