Colleges turn student IDs into debit cards

May 27, 2010

WTOL in Toledo reports that while IDs have long been used for on-campus purchases, schools are now turning the IDs into debit cards that can be used anywhere.

First Internet Bank offers text message banking

May 27, 2010

First Internet Bank has announced the release of its text message banking service.

Administration not taking sides in interchange issue

May 26, 2010

While credit unions hope to stop further regulation of interchange fees, they will have to do it without the support of the Obama administration.

UMB acquires credit card portfolio from 5Star Bank

May 26, 2010

UMB Bank has acquired 5Star Bank's credit card portfolio.

Vermont passes law to limit swipe fees

May 26, 2010

On Friday, Vermont became the first state to pass legislation limiting swipe fees on credit and debit card purchases.

Federal Court rules in favor of Nautilus Hyosung in dispute with Tranax

May 26, 2010

COPPEL, Texas — According to a press release, a federal court in San Francisco has confirmed an international arbitration ruling in favor of Nautilus Hyosung…

Mr. Goldstone goes to Washington … and Tweets

by ATM marketplace

One retailer is on a campaign to educate the public, press and politicians about the big difference between interchange fees and ATM surcharge fees.

World Cup fans warned of credit card fees

May 25, 2010

As soccer fans prepare to descend on South Africa in June for the World Cup, they should also be prepared for high ATM fees.

Pelosi urged to ensure passage of debit card limits

May 25, 2010

Representatives Peter Welch (D - VT), Bill Shuster (R - PA), and Chris Carney (D - PA) wrote a letter to Speaker of the House Nancy Pelosi urging her to…

Sun National Bank goes mobile

May 25, 2010

Sun National Bank has announced that it has partnered with mFoundry to launch Sun on Hand, a fully integrated and comprehensive mobile banking solution for its…

INETCO launches professional consulting services division

May 24, 2010

INETCO Systems Limited, provider of transaction monitoring for the payment processing industry, has announced the launch of its Professional Consulting…

Online bill payment now mainstream, women use it more than men

A new survey shows online banking, bill payment and e-bill usage continue to grow, and the people using it have changed significantly.

Federal Reserve unveils database for credit card agreements

May 24, 2010

On Monday, the Federal Reserve Board unveiled a website where consumers looking for a credit card can compare rates and prices.

Heartland Payment Systems launches new card security technology

May 24, 2010

Heartland Payment Systems has commercially launched its new state-of-the-art payment card security technology.

Sen. Nelson admits to never using an ATM

May 24, 2010

Senator Ben Nelson (D - Nebraska) made comments to the Omaha World-Leader that he didn't know what ATM fees were because "I've never used an ATM."

ATMGurus offers Hantle support

May 24, 2010

ATMGurus and Hantle USA announced they are expanding their level of cooperation to increase customer service to Hantle USA customers. Leveraging ATMGurus…

Visa disappointed with Durbin Amendment

May 23, 2010

Visa Inc. said it was disappointed with an amendment limiting interchange fees passed Thursday as part of the U.S. Senate financial regulation bill.

Visa and MasterCard stocks go up after financial reform

May 23, 2010

Shares of Visa and MasterCard rose Friday after the U.S. Senate's passage of a financial reform bill.

Walmart to embrace smartcard payments

May 23, 2010

Walmart is planning to make its American payment terminals compliant with smartcard-based technology.

GRG Banking announces solution to streamline cash handling

May 23, 2010

GRG Banking Equipment HK Co. Ltd., a subsidiary company of GRG Banking, has announced the availability of a new cash intelligence solution, which includes…