ATM industry insider sends an open letter to Senator Harkin

The CMO of Morphis gives a plain-language explanation of why the Harkin Amendment is bad for consumers.

Harkin Amendment draws fire from industry groups

by Matt Cunningham — Editor, NetWorld Alliance

ATM deployers and others are voicing strong opposition to proposed fee cap

Senate passes interchange restriction bill

by James Bickers

In a surprise move, the U.S. Senate last night passed the Electronic Check Parity Act of 2010, which would give the Federal Reserve Board oversight authority…

Cameron Graham, co-founder of ITS, joins Banker's Exchange board

May 13, 2010

The Banker's Exchange announced in a press release that it has added Cameron Graham to its board of directors, effective immediately.

Study: Smart payment sector enjoys steady growth

May 13, 2010

Demand for added security and more intelligent "ways-to-pay" are on the rise, according to Smart Payment Association (SPA) in its annual review of the payment…

U.S. Bank partners with Diebold for Agilis EmPower ATM software

May 13, 2010

U.S. Bank announced it is partnering with Diebold Inc. to provide a multivendor software application to run on the bank's ProdigyATM automated teller machine…

U.K. credit card spending expected to drop

May 12, 2010

A recent report expects credit card spending to drop this year in the United Kingdom. According to an article on The Thrifty Scot, spending figures in the U.K.

Mailed credit card offers increase in first quarter

May 12, 2010

Despite the recession, credit card companies have increase their mailed offers in the first quarter of 2010. According to an article on…

Abu Dhabi hotel gets a gold ATM

May 12, 2010

On Wednesday, the Emirates Palace hotel in Abu Dhabi installed an ATM-style kiosk that dispenses gold.

U.S. Bank redrafts overdraft policies

May 12, 2010

U.S. Bank has redrafted its overdraft policies, now offering a reduced fee of $10 for transactions of $20 or less drawn on negative balance accounts. The…

Cash N Go deploys INETCO transaction management software

May 12, 2010

Canadian companies team on real-time transaction monitoring, EFT application performance management.

Using augmented reality to find ATMs

May 11, 2010

Addison Avenue Federal Credit Union and metaio today announced the availability of a free visual ATM locator channel on the junaio 2.0 augmented reality…

First United pilots ATM fingerprint technology

May 11, 2010

In a move aimed at preventing ATM fraud, Delaware-based Hawk Systems has a U.S. process patent pending for fingerprint authentication technology. According to…

iPhone now a credit card terminal

May 11, 2010

Apple has just approved an accessory that can turn a user's iPhone into a credit card terminal. According to The San Francisco Chronicle, one accessory is…

Poland installs Europe's first fingerprint-scanning ATM

May 11, 2010

This week, Poland became the first European nation to install biometric ATM machines that read fingerprints.

Finding solutions for denomination fraud

by Fritz Esker — Freelance Journalist, Networld Alliance

Denomination fraud can provide headaches for ISOs, but there are some steps that can be taken at the password security and programming levels to prevent it.

Canada gets first fully EMV chip-and-PIN-certified card payment system

May 10, 2010

YESpay International Ltd. has completed the EMV certification of its EMBOSS card payment service with Chase Paymentech as the first fully-hosted EMV…

Skimmers and no-swipe cards

May 10, 2010

As no-swipe cards make credit card purchases more convenient for consumers, they also make them susceptible to new tricks from skimmers. According to a story…

SmartMetric to manufacture and distribute EMV SmartCards

May 10, 2010

SmartMetric Inc. announced today its plans to penetrate the EMV (Europay, MasterCard, Visa) credit and debit payment SmartCard market.

Fed reports credit card debt declining and consumer credit rising

May 9, 2010

A recent study from the Federal Reserve Board reports an overall increase in consumer credit. According to an article on credit.com, the Fed said consumer…