European card fraud reaches new highs

August 4, 2014

FICO's latest European card fraud map shows losses from 2006–2013 for 19 countries, and across five categories, including counterfeit fraud, stolen card, and…

China drives 27 percent growth in EMV, contactless card shipments

August 4, 2014

EMV migration in the U.S. and the increasing adoption of contactless payments in Europe are also growth factors, says new data from ABI Research.

Oberthur develops America's first Durbin-compliant MasterCard-certified debit card

August 4, 2014

The company's Cosmo v5 M/Chip Multi-Application is enabled for use on two unaffiliated debit networks as required by law in the United States.

Prosegur, Glory team up to implement full-cycle cash management solution

August 1, 2014

Private security provider Prosegur has integrated 300 banknote counter/sorters from Glory to achieve end-to-end coverage of the cash management cycle.

Banks funneling more funds into mobile banking tech

August 1, 2014

A monthly poll finds that 68 percent of banks are upping the budget for the mobile channel and 28 percent are striving to offer customers an omnichannel…

CFPB study raises new concerns about ATM, debit overdrafts

August 1, 2014

Despite regulatory changes, the agency still frets about overdraft fees, saying they "should not be 'gotchas' when people use their debit cards."

Malware can hide in the most obvious places

In a New York Times online report, one security expert said that third-party leaks might account for 70 percent of data breaches - and from the least suspected…

UL education program aims to advance US EMV migration

August 1, 2014

As the migration towards EMV technology in the U.S. accelerates, UL hopes to help educate Americans about the scope, impact and advantages of EMV.

Majority of Brits back biometric ID

August 1, 2014

The iPhone 5s seems to have pushed along a major shift in consumer attitudes toward biometrics. One study finds that almost 80 percent of Brits are ready to…

Cardtronics continues its upward course through Q2

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With profits up 25 percent year-over-year, Cardtronics is looking like a company with plenty of blue sky ahead.

Survey participants wanted for 2015 Mobile Payments State of the Industry Report

July 31, 2014

Mobile Payments Today has released its latest survey for the upcoming 2015 Mobile Payments State of the Industry Report, which will be available for purchase…

The Diebold ActiveEdge card reader: A turn for the better?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Simply by rotating card orientation 90 degrees, Diebold aims to turn the ATM skimming underworld on its head.

The Diebold ActivEdge ATM card reader: A turn for the better?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Simply by rotating card orientation 90 degrees, Diebold aims to turn the ATM skimming underworld on its head.

TD Bank serves up a memorable, multichannel 'thank you' to customers

July 29, 2014

In addition to phone, online and branch giveaways, the FI created some spectacular surprises for selected customers at the 'automated thanking machine.'

ABA commends House on passage of cybersecurity bills

July 29, 2014

Legislators demonstrated rare bipartisanship, approving a pair of cybersecurity bills of particular interest to the financial services sector.

Euronet subsidiary Ria achieves major expansion in India

July 29, 2014

Ria Money Transfer, a subsidiary of Euronet Worldwide Inc., has announced its expansion in the Indian market with the addition of 17,000 India Post locations…

CU24 extends ATM access to 5 new FIs serving 84K members

July 29, 2014

Members of the five new participating institutions will have access to the largest credit union-owned ATM network in the United States.

Europol raid against skimming, cybercrime gang nets 65 suspects

July 29, 2014

The network took in an estimated $2.7 million from criminal operations that ranged from illegal financial transactions to drug trafficking.

Cash is half of the US payments pie

by atm Atom — blogger, atmatom

Those who prefer cash use cash. Those who prefer cards use cash. In short, everyone uses cash, according to the new Fed study 'Consumer Preferences and the Use…

Wincor Nixdorf cuts earnings forecast, cites sagging markets

July 29, 2014

The company expects flat earnings year over year, but still expects EBITA to grow on sale of Singapore facility.