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News & Media From Terry Dooley

Mobile payments are gaining traction

by Terry Dooley — SVP & CIO, ITS, Inc

The mobile payments industry has continued to gain traction in the past 12 months, according to the recently released "2014 Mobile Payments State of the…

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China's FIs issue 1M ATM cards daily

by Terry Dooley — SVP & CIO, ITS, Inc

New data from consulting firm Retail Banking Research projects that the installed base of global ATMs will grow by 44 percent between 2012 and 2018.

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Fed appeals swipe fee ruling

by Terry Dooley — SVP & CIO, ITS, Inc

In late August, the U.S. Federal Reserve appealed Judge Richard Leon’s decision to reject the agency's cap on debit card transaction fees, a requirement of the…

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Educate employees about risky behaviors

by Terry Dooley — SVP & CIO, ITS, Inc

In any given workplace, it's common to see sticky notes stuck to computer screens or other visible locations in an employee's workspace. The notes typically…

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NFC still faces roadblocks; Isis rollout may help

by Terry Dooley — SVP & CIO, ITS, Inc

The Verizon, AT&T, and T-Mobile-backed Isis mobile payment service, which is still only available in limited U.S. markets, recently made two big…

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The swipe fee ruling: What’s Plan ‘B’ for transaction routing?

by Terry Dooley — SVP & CIO, ITS, Inc

A U.S. District Court judge recently ruled that the Federal Reserve Board overstepped its authority in setting a 21 cent interchange fee cap on debit card…

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Survey IDs ACH and wire fraud as growing threats

by Terry Dooley — SVP & CIO, ITS, Inc

The Information Security Media Grouprecently announced the results of its 2013 "Faces of Fraud" study. The study focused on the most common fraud schemes…

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DPAs will challenge traditional business models

by Terry Dooley — SVP & CIO, ITS, Inc

According to a recent Gartner report, device-based applications —  also known as digital payment advisors — that recommend the most appropriate payment product…

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A good 30 years before innovation threatens cash

by Terry Dooley — SVP & CIO, ITS, Inc

A new study by Loomis AB concludes that although payments innovations will reduce consumers' use of cash over time, new methods of payment will not show a…

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The ATM in consumers' pockets

by Terry Dooley — SVP & CIO, ITS, Inc

The ATM and banking industries are continually working to embrace new technology, including mobile commerce. ATMs can cost-effectively provide the link between…

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Life after Durbin

by Terry Dooley — SVP & CIO, ITS, Inc

A recent report by the Federal Reserve Bank of Kansas City examines the current state of the debit card market. The report specifically looks at how that…

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Learning from EMV experience of other countries

by Terry Dooley — SVP & CIO, ITS, Inc

Recent statistics regarding the U.S. payment and fraud volumes indicate that the shift to EMV is a necessary step in order to reduce fraud.

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Merchants continue to resist migration to EMV

by Terry Dooley — SVP & CIO, ITS, Inc

Although networks, issuers, and acquirers are making strides in the switch to EMV, a significant number of retailers are resistant to making the required…

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What a common EMV solution means for the US

by Terry Dooley — SVP & CIO, ITS, Inc

There are three important factors to the common AID and application solution supported by the Secure Remote Payments Council and 10 of the largest debit…

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A common AID solution has arrived

by Terry Dooley — SVP & CIO, ITS, Inc

Recently, Jim Ghiglieri posted about an important topic, a common AID solution for the country's migration to EMV. I'd like to continue this discussion and…

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It's time for ATM deployers to diversify

by Terry Dooley — SVP & CIO, ITS, Inc

The recent ATMIA US 2013 conference in Scottsdale, Ariz., offered a glimpse into the future of ATMs and other self-service channels in banking. Presentations…

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FTC issues report on increased use of mobile payments

by Terry Dooley — SVP & CIO, ITS, Inc

The Federal Trade Commission recently issued a staff report titled "Paper, Plastic … or Mobile?" The report, which is based on an FTC workshop, highlights key…

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EMV standard getting lots of attention, for good reason

by Terry Dooley — SVP & CIO, ITS, Inc

EMV is receiving a lot of well-deserved attention. Overseas, this technology has proven its ability to create a more secure transaction and to reduce fraud. As…

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P2P payments state-of-the-industry

by Terry Dooley — SVP & CIO, ITS, Inc

While widespread use of person-to-person payment technology has not yet taken off, it's an important seed for financial institutions to plant in order to stay…

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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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