Anti-money laundering regs in Canada could set example for U.S.

by Tracy Kitten — Editor, AMC

Efforts to combat organized crime and terrorism are taking root in Canada, and industry experts say the U.S. could be next.

Fiserv celebrates 25 years in financial services, processing

July 30, 2009

Brookfield, Wis.-based Fiserv Inc. celebrates its 25th year of business today. The company was created in 1984, when Tampa, Fla.-based Sunshine State Systems…

Fiserv launches Mobile Money, Mobile Money FastTrack for mobile banking

by Tracy Kitten — Editor, AMC

July 30, 2009

Fiserv Inc. announced this week its new mobile financial services solutions Mobile Money and Mobile Money FastTrack. The solutions were developed with M-Com…

Ky. bank says $415K security breach is not its problem

by Tracy Kitten — Editor, AMC

July 29, 2009

Financial security breaches are all over the news these days, from Heartland to TJX. In most cases, when consumer accounts and cards are compromised, the…

Euronet rebrands its Prepaid Division, mobile airtime distribution

by Tracy Kitten — Editor, AMC

July 29, 2009

Euronet Worldwide Inc. has announced a rebranding strategy for its global Prepaid Division. The division has now been branded "epay," and includes all of…

NCR's workforce in Dayton gets reduced to 100

by Tracy Kitten — Editor, AMC

July 29, 2009

The Associated Press reports that NCR Corp. plans to shrink its workforce in Dayton, Ohio, from 1,300 employees to 100 by late 2010, after the company…

U.S. companies partner to kick-start mobile barcode usage, tech

by Tracy Kitten — Editor, AMC

July 29, 2009

NeoMedia Technologies Inc. and Mobile Tag Inc., both providers of mobile barcode technology, have announced a patent licensing agreement for machine-readable…

MasterCard, Visa report strong earnings for Q2

July 29, 2009

MasterCard Worldwide and Visa Inc. both reported strong or better-than-expected earnings for the quarter. According to Reuters, MasterCard's raised fees and…

ATM servicer Pendum focuses on long-term growth, continued push of ‘Value of One' strategy

by Tracy Kitten — Editor, AMC

July 28, 2009

Pendum LLC, provider of ATM maintenance and cash management services, says it is kick-starting a strategic transformation to re-energize its "Value of One…

Illegal ATM software to blame for most ATM hacks, solutions provider says

by Tracy Kitten — Editor, AMC

July 28, 2009

Lithuania-based BS/2, a Wincor Nixdorf business partner that provides business processes, support and maintenance solutions for financial institutions, is…

Visa announces reorganization, president steps down

by Tracy Kitten — Editor, AMC

July 27, 2009

Visa Inc. announced yesterday that it is reorganizing its executive management team, which includes the departure of Visa president John C. (Hans) Morris.   In…

Trusted Security Solutions focuses on remote key, key bundling in annual ATM key management report

July 27, 2009

Charlotte, N.C.-based Trusted Security Solutions Inc. has released its second annual ATM Key Management Report. The 16-page report provides an overview of ATM…

Global survey finds that one in five consumers victimized by card fraud

by Tracy Kitten — Editor, AMC

July 27, 2009

In a recent consumer survey conducted by ACI Worldwide Inc., 18 percent of the consumers questioned said they have been victims of credit or debit card fraud…

Jack Henry Banking launches customer retention suite for FIs

July 27, 2009

Jack Henry & Associates Inc. has announced the release of BIG Rewards, an integrated, customizable customer rewards and loyalty solution available through…

The 5 most common ATM selling mistakes

by Damien Fitzgerald — Owner, DTD Marketing

The ATM industry is unique; sales, however, are not. Here, Damien Fitzgerald shares his thoughts about the five most common selling mistakes every salesperson…

Washington Trust signs with NYCE for ATM, POS access

July 26, 2009

The NYCE Network has announced a new exclusive ATM and POS access deal with Spokane, Wash.-based Washington Trust Bank. NYCE is a Metavante company, one of the…

Co-Op Network takes on 55 new clients, tops 100 in '09

by Tracy Kitten — Editor, AMC

July 26, 2009

California-based Co-Op Financial Services has announced the signing of 55 new contracts for participation in the Co-Op Network. Co-Op says it now has more than…

Hercules+ wireless option for ATMs now offers dual Internet, wireless feature

by Tracy Kitten — Editor, AMC

July 26, 2009

The DPL Group, creator of the Hercules+ wireless unit, has upgraded its wireless-conversion box to offer dual connectivity. The box, which converts landline…

Credit Union 24 adds two FIs, renews 17 for its ATM, POS network

by Tracy Kitten — Editor, AMC

July 26, 2009

Credit Union 24 has announced two new deals and 17 renewals with U.S. credit unions for participation in its ATM and POS network.   Royal Credit Union of Front…

Wells in legal hot seat over ATM deposits

by Tracy Kitten — Editor, AMC

July 26, 2009

Courthouse News Service reports that California-based Wells Fargo's policy to keep extra money deposited at ATMs takes advantage of users.   In its July 2…