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News & Media

Prepaid card association elects chairman

June 16, 2010

The Network Branded Prepaid Card Association has elected Jon Palmer, CEO of FSV Payment Systems, chairman of the board. The association's directors voted…

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Acculynk signs agreement with ATM network

June 16, 2010

Acculynk Inc., an Atlanta-based software company that secures PIN-debit purchases over the Internet, Wednesday signed an agreement with Jeanie Network, an…

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Cardtronics signs bank-branding deal with PNC Bank

Cardtronics Inc. today announced that it has signed a major ATM-branding agreement, ending a long drought in a once lucrative market for the Houston-based ATM…

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Federal Reserve Board issues final rule regarding credit card late charges and penalty fees

June 15, 2010

The Federal Reserve Board Tuesday approved a final rule to protect credit cardholders from unreasonable late and penalty fees, but the Center for Responsible…

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Government regulatory reform: What does it mean for the ATM industry?

by ATM marketplace

2010 is notable for the amount of government attention that has been directed at the financial services industry. What might the effects be for financial…

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BankAtlantic issues unembossed instant-issued debit cards

June 15, 2010

BankAtlantic, a Fort Lauderdale, Fla.-based financial institution, is issuing customers unembossed instant-issue debit cards after signing an agreement with…

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Romanian police arrest alleged ATM skimmer gang members

June 15, 2010

Romanian police have arrested 20 members of a gang law enforcement officials accuse of manufacturing and selling ATM skimmers.

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Co-op names two credit union executives to audit committee

June 15, 2010

Co-op Financial Services, operator of a network of 28,000 surcharge-free ATMs, today named two credit union executives to the company's audit committee.

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First Data company signs card-processing agreement in Poland

June 14, 2010

Polcard, a First Data Corp. business based in Poland, announced Monday that it has signed a long-term card-processing agreement with Media Markt, a leading…

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PSCU expects to reach 1 billion debit transactions next year

June 14, 2010

PSCU Financial Services is on track to reach 1 billion debit-card transactions by 2011 after strong performances last year and in 2010's first quarter…

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Giesecke & Devrient hosts technology forum

June 14, 2010

Giesecke & Devrient, a Munich, Germany, technology company, is hosting its third Mobile Security Forum to promote an exchange of ideas among…

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GRGBanking signs ATM-management agreement

June 13, 2010

GRGBanking Equipment Co. Ltd.  will manage China CITIC Bank Corp. Ltd.'s ATM network, according to an agreement both companies recently signed.  

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Wells Fargo is replacing emergency ATM cards with Visa-brand cards

Wells Fargo & Co. is systematically replacing its instant-issue emergency ATM cards with a Visa-branded product after cardholders complained that some hotels…

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Visa and Montise form mobile joint venture in India

June 10, 2010

Visa Inc. and Montise plc have formed a joint venture to offer a range of mobile-financial services to consumers in India.

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Pulse issues ATM and debit card safety tips

June 10, 2010

Pulse, a Houston-based electronic funds transfer network, yesterday released tips that encourage cardholders to remain vigilant about safety while using debit…

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Diebold hires company to help with energy management

June 10, 2010

Diebold Inc. has hired Hara Environmental Energy Management to manage the ATM manufacturer's energy consumption.

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Mobile banking is a key driver for growing smartphone use

Smartphone users comprised 27 percent of the mobile-phone market in 2010, up from 20 percent a year ago.

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Gibraltar-based prepaid card issuer becomes Visa Europe principal member

June 9, 2010

Visa Europe has certified Transact Network, the Gibraltar-based prepaid card-issuer, as a principal member, meaning Transact can provide its own payment…

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