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Approval for the Approved Card

by Arjan Schutte — Managing Partner, Core Innovation Capital

Suze Orman today announced her new Approved Card, because in her words (and inflection), "You. Can. Always. Bank. On. Me." The card is the latest in a long…

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A necessary evil? I don't think so.

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

I really enjoyed reading the responses to my last post. There was some agreement with my observations, particularly as they applied to the role ATMs play in…

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Developing countries to see more ATMs

by Terry Dooley — SVP & CIO, ITS, Inc

A worldwide increase in the demand for cash is predicted to boost the global installed ATM base skyward over the next several years. Depending on which report…

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Watch those NACHA emails

by Kevin Christensen — Vice President, Audit, SHAZAM

Community banks and credit unions can make a significant dent in fraud losses by giving cardholders a heads-up where fraud is concerned. This is particularly…

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Five FFIEC compliance tips for banks

by Robert Siciliano — speaker, IDTheftSecurity.com

Experian's Chris Ryan addressed five major questions about compliance with the Federal Financial Institutions Examination Council's recent guidance on banking…

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VTMs for real people

by Terry Dooley — SVP & CIO, ITS, Inc

What comes to mind when you conjure up old episodes of The Jetsons? Is it their flying SUV or their robot maid? Maybe it's their dog-walking treadmill or their…

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Merchants will re-evaluate card acceptance in 2012

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

In the very recent past, some merchants have been hesitant to accept debit and credit cards. Particularly for those retailers working with small-ticket items…

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Card security: The U.S. EMV migration

by Robert Siciliano — speaker, IDTheftSecurity.com

EMV, which stands for Europay, MasterCard and Visa, refers to the chip and PIN payment card technology commonly used in Europe and elsewhere around the world.

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Welcome Green Dot Bank

by Arjan Schutte — Managing Partner, Core Innovation Capital

On Freedom Boulevard in Provo, Utah, nestled between the mountains of Uinta National Forest and Lake Utah is a nice little one-branch bank, pictured above. It…

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One very easy way to reduce fraud loss

by Kevin Christensen — Vice President, Audit, SHAZAM

Fraud prevention is a complex endeavor. There is a litany of methods a financial institution can implement to lower or even stop debit card fraud. However, for…

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Giving the gift of payment

by Behshad Hastibakhsh — Director of Marketing, TIO Networks Corp

This Christmas season, the search for perfect gifts takes shoppers to convenience stores, groceries, electronic and other retail locations across America where…

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ATM security threats diversify

by Dominic Hirsch — manager, Retail Banking Research

The world's largest ATM security conference (ATM Security 2011) was held in London last month and it is clear that ATM security is still a major issue.

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Transaction and interchange analysis: To be or not to be?

by Bryan Bauer — President, Kahuna ATM

Picture this...you take your car to the auto garage for a simple service and after they ask you, "how has it been running?" and you reply, "I've had no…

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Identity theft ring targeted banks

by Robert Siciliano — speaker, IDTheftSecurity.com

In what is considered "the largest identity theft takedown in U.S. history," 111 individuals were indicted for "stealing the personal credit information of…

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Three things issuers should consider before migrating to EMV

by Terry Dooley — SVP & CIO, ITS, Inc

The hot topic in the payments industry today is the recent push by the major card associations for moving to EMV in the U.S. The transition to EMV will be a…

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MasterCard expects lightning-speed EMV compliance

by Kevin Christensen — Vice President, Audit, SHAZAM

Whenever a major network like MasterCard imposes a mandate on its participants, it's typically accompanied by a three- to five-year bleed-in period. That's…

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Not unbanked, untapped

by Arjan Schutte — Managing Partner, Core Innovation Capital

Most believe the underserved are large in numbers and small in market potential. Of course, micro lenders around the world, such as Nobel laureate Grameen…

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Kiosk ISO paradigm: Business innovation with ‘reverse ATMs’

by Behshad Hastibakhsh — Director of Marketing, TIO Networks Corp

The ISO business model proves that small and large entrepreneurs can compete on an equal footing. All it takes is innovation, reinvention, and replication of a…

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The “Say/Do” contradiction

by Arjan Schutte — Managing Partner, Core Innovation Capital

A wise COO pointed out the "say/do" contradiction the other day. It is something that beguiles anyone trying to understand their customer, but especially those…

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New Year’s resolution: I'll get my upgrades done before the deadline

by Daniel Swain — VP/GM, ATMGurus

Now is the time to knock off your first New Year's resolution. It's time to finish off those upgrades for ADA, PCI and EMV (for those in Canada). Planning now…

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