News & Media
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…
read nowCongress debates curbing credit card fees
May 9, 2010
Part of the Wall Street reform bill being debated by Congress includes regulations on how much credit card companies can charge businesses for "interchange…
read nowFiserv processor back online
May 9, 2010
On Friday afternoon, financial institutions using the Fiserv EFT debit card processing system had a server malfunction preventing debit card purchases.
read nowNAFCU opposes ATM fee cap
May 6, 2010
The National Association of Federal Credit Unions (NAFCU) wrote a letter to U.S. senators in opposition to the amendment of the Restoring American Financial…
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Report: Debit card use on the rise
For the first time ever, MasterCard's U.S. customers have spent as much with their debit cards as they did with their credit cards.
read nowHacker develops multi-platform rootkit for ATMs
May 6, 2010
Security researcher Barnaby Jack will deliver a talk on ATM security vulnerabilities and disclose a new ATM rootkit at the Black Hat Las Vegas conference, to…
read nowAlleged ATM hacking scheme thwarted
May 6, 2010
19-year-old Thor Alexander Morris was arrested at a Houston flea market last month after entering a default administrative passcode on a Tranax Mini-Bank ATM…
read nowSenate proposes capping ATM fees
May 5, 2010
Senator Tom Harkin, D-Iowa, introduced an amendment Wednesday that would cap ATM fees at 50 cents per transaction.
read nowNew federal overdraft rules for ATM, debit cards
May 5, 2010
New federal rules will require ATM and debit card users to grant permission for certain overdrafts to be covered by their bank.
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Survey: Most consumers want to interact with banks online
Consumers overwhelmingly prefer to interact with companies through websites, especially when it comes to simple, repetitive tasks like paying bills.
read nowAmerican Express debuts prepaid cards
May 4, 2010
American Express is introducing a prepaid card called PASS, targeted to parents looking to give a card to teens.
read nowMasterCard 1Q profit rises 24 percent
May 4, 2010
MasterCard saw spikes in profit and revenue for the first quarter of 2010.
read nowKim Rhodaback named president of ATM World, Atlas ATM, F.A.M. Capital
May 4, 2010
ATM World Corp., Atlas ATM and F.A.M. Capital LLC have announced that Kim Rhodaback has been named president of the three affiliated companies. The companies…
read nowGlobal Axcess Corp. announces 1Q 2010 results
May 4, 2010
Global Axcess Corp. announced its financial results for the first quarter of 2010.
read nowNorthwest Savings Bank achieves long-term growth with Fiserv
May 4, 2010
Fiserv Inc., a global provider of financial services technology solutions, has announced that long-term client Northwest Savings Bank of Warren, Pa., has…
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Banking on the iPad: Evolutionary or revolutionary?
Should financial institutions rush to create custom iPad apps to support Apple's new device?
read nowFacial recognition coming to ATMs
May 3, 2010
Using credit or debit cards to withdraw cash from an ATM may become a thing of the past with the introduction of facial recognition technology. According to…
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Analysis: ATM market buoyed by EMV mandates
The focus on enhancing payment security and combating fraudulent activities will help the ATM market tide over the challenging economic conditions.
read nowMasterCard upgrades global processing network
May 2, 2010
MasterCard Worldwide announced the introduction of multiple enhancements to its worldwide network that will offer its financial institution customers and…
read nowBank expert offers tips on fighting skimming at ATMs
May 2, 2010
As ATM skimming scams increase in frequency, the Washington Post interviewed Jonathan Velline, senior vice president for ATM banking at Wells Fargo, on tips…
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In business for more than three decades, Lock America, Inc. of Corona,CA develops, manufactures and markets high security locks for various industries, including amusement, gaming, information management, fuel distribution and self-storage.
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