NYCE licenses MasterCard EMV common debit solution

June 4, 2014

Payment technology provider FIS has announced a licensing agreement that will make the MasterCard EMV debit solution available to all NYCE participants.

BSNB, Welch ATM enter branding agreement

June 4, 2014

Ballston Spa National Bank and Welch ATM announced today that BSNB will offer its customers surcharge-free access to ATMs at 44 Rite Aid Pharmacy locations in…

Cumberland Building Society extends relationship with Alaric, NCR

June 4, 2014

The U.K.-based financial institution has deployed the U.K. Payments Council’s Paym mobile payment service using Authentic and Fractals software from Alaric, an…

First Data, Union Bank strike long-term ATM-driving agreement

June 3, 2014

Payment technology and services provider First Data and San Francisco-based Union Bank N.A. have finalized a multi-year agreement for ATM driving, debit…

India's off-us ATM fees poised for a big jump

June 3, 2014

ATM cardholders in India soon could be in for a significant cut in free off-us transactions — from five per month to two. What's more, they could find…

Retailers ready to go one more round in debit card fee fight

June 3, 2014

Merchants aren’t ready to throw in the towel quite yet. On Monday, the National Association of Convenience Stores and the National Retail Federation announced…

Why you can bet on the cost of cash rising (and why you should plan for it now)

It might be 'easy money' now, but smart ATM operators are looking to a future when cash isn't so cheap.

PIN transactions — they're simply safer

by Terry Dooley — SVP & CIO, ITS, Inc

The National Retail Federation recently told the Senate Commerce Committee that it’s past time to revamp the fraud-prone payment card system through the use of…

PCI Security Standards Council seeks proposals for 2015 special interest groups

June 2, 2014

The PCI Security Standards Council has announced the start of the PCI special interest group proposal period for 2015 projects. Beginning today through July 7…

In Macao, a disturbing new method of ATM skimming

June 2, 2014

Last week, authorities in the Chinese territory of Macau arrested a pair of Ukrainians who are alleged to have stolen around $100,000 from seven ATMs. The…

Bitcoin turns Japanese, turns around losing streak

June 2, 2014

Tokyo, once home to the world’s largest Bitcoin exchange — the now-defunct Mt. Gox — is now finally home to a Bitcoin ATM.

Aussie police chief blames tap-and-go for 5% increase in crime

June 2, 2014

They might be convenient, but do we really want NFC-enabled “tap-and-go” ATMs? Police chief commissioner Ken Lay of Victoria State, Australia, thinks…

Apple opening fingerprint ID to mobile app designers

June 2, 2014

Financial services providers who offer the convenience of a mobile application for their customers can now also offer said customers an additional layer of…

KCB trades out piecemeal processing for integrated platform

May 30, 2014

Kenya Commercial Bank, one of the largest banks in the country with more than 150 branches, has launched a new in-house processing center built…

How an ATM and a smartphone can free up landlocked loan accounts

Cardless cash access offers new utility to accounts previously not accessible to cardholders.

Gartner: 75% of mobile security breaches will result from misuse, misconfiguration

May 29, 2014

With use of smartphones and tablets on the rise and sales of traditional PCs on the decline, attacks on mobile devices are maturing, says IT research and…

MasterCard beefs up card protection for consumers, small businesses

May 29, 2014

MasterCard this week announced that all of its credit, debit, prepaid and small business cards issued in the U.S. will now be covered by Identity Theft…

India’s small FIs look to white label ATMs for affordable expansion

May 29, 2014

Small private banks in India are looking for ways to increase their footprint without adding to their overhead, and to do it, they’re eyeing a relaxed ATM…

African distributor aims for 3K installed ATM base in 2014

May 29, 2014

Inlaks Computers, a Lagos, Nigeria-based strategic partner of Nautilus Hyosung, has announced its intention to achieve an installed base of 3,000 ATMs in the…

Discover certifies FasTest solution for D-PAS issuer, acquirer testing

May 29, 2014

Discover has extended D-Payment Application qualification to the FasTest host testing solution from Paragon Application Systems, the company announced in a…