ATM antitrust lawsuits against MC/Visa to move forward as one case

November 22, 2011

The Blog of Legal Times reports that separate price-fixing lawsuits filed against payment giants Visa Inc. and MasterCard Inc. by independent ATM operators…

Russian Sberbank to license Transoft's cash management software

November 22, 2011

Transoft International Inc., a provider of currency supply chain management solutions, announced that Sberbank of Russia, the largest bank in the Russian…

Global Axcess to buy 238 ATMs

November 21, 2011

Global Axcess Corp, a Jacksonville, Fla.-based provider of ATM and self-service kiosk management services, announced today it has agreed to purchase 238 ATMs…

ATM skimming ring busted in NYC

November 21, 2011

A ring responsible for stealing credit card data at ATMs in New York City and using the data to make fraudulent transactions has been broken up by law…

Nigerian ATM cardholders reach 10 million

November 20, 2011

According to Vanguard.com, the number of ATM cardholders in Nigeria has reached 10 million, as announced by Interswitch's director of payment and business…

CBA will upgrade ATM fleet with EMV-enabled machines from Wincor Nixdorf

November 20, 2011

Commonwealth Bank of Australia today announced it will upgrade its entire ATM fleet with EMV-enabled machines from Wincor Nixdorf.

Report: U.S. accounts for 47 percent of world's debit card fraud losses

November 20, 2011

The U.S. currently accounts for 47 percent of global credit and debit card fraud even though it generates only 27 percent of the total volume of purchases and…

Ambiguity of ADA compliance guidelines poses challenges for deployers

Some of the standards, such as wheelchair access, are open to interpretation.

Visa targets unbanked in developing countries with prepaid mobile offering

by James Wester — Editor 1, Mobile Payments Today

The payment network announces its first product in its global strategy to reach the unbanked.

Free ATMs NYC installing fee-free ATMs

November 16, 2011

According to PSFK.com, a New York man wants to provide surcharge-free ATMs to New Yorkers in exchange for advertising. The company, Free ATMs NYC, already has…

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…

New data tool for analyzing unbanked populations released

November 15, 2011

The Corporation for Enterprise Development, with support from the U.S. Department of the Treasury, and in partnership with the San Francisco Office of…

Wincor Nixdorf working with German Federal Ministry on ATM security research project

November 15, 2011

According to Finextra.com, biometric technology provider Morpho is working with Wincor Nixdorf, the University of Paderborn and data security company Achelos…

B of A emerging payments VP says mobile is at tipping point

by James Wester — Editor 1, Mobile Payments Today

John Thomas talks about the future of mobile financial services.

Canadian smartphone owners expect to use mobile banking in next 24 months

Large percentage say they still prefer online or traditional banking methods.

EAST publishes third European fraud update for 2011

Cash trapping is on the rise and the U.S. remains at the top for skimming losses.

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…

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…

ICC Solutions and EMV Academy form strategic partnership

November 14, 2011

UK-based ICC Solutions LTD, a provider of contact and contactless test solutions to the global banking and payment industry, and EMV Academy today announced a…

Global Axcess reports Q3 results

November 14, 2011

Global Axcess Corp, a provider of self-service kiosk solutions, announced mixed financial results for the quarter ended Sept. 30, 2011, including that it…