Travelex says it won't charge ATM fees on withdrawals made with its prepaid travel card

by Tracy Kitten — Editor, AMC

August 4, 2009

Travelex says it will abolish fees for ATM cash withdrawals made with its prepaid Cash Passport card, according to a news story from Finextra. The…

U.S. Bank is first domestic bank to offer instant issuance of Visa payWave cards

by Tracy Kitten — Editor, AMC

August 3, 2009

U.S. Bank says it is now the first card issuer in the United States to add Visa payWave technology to an unembossed debit card. The cards are instantly issued…

First Niagara brands 95 ATMs in Sheetz stores in Pa.

by Tracy Kitten — Editor, AMC

August 3, 2009

First Niagara Financial Group Inc. has announced plans to brand 95 of its ATMs located at Sheetz stores in Western Pennsylvania. The rollout of the branded…

Bank of South Pacific, Norkom sign deal to combat growing financial fraud

by Tracy Kitten — Editor, AMC

August 3, 2009

Bank of South Pacific Ltd. has announced a deal with Norkom Technologies to launch Norkom's fraud-prevention solutions across its enterprise. The solutions…

Diebold rakes in 11% increase in net income from Q2 '08

by Tracy Kitten — Editor, AMC

Diebold's Q2 results reveal net improvement, with a slight revenue loss.  

Source Technologies announces printer upgrade

August 3, 2009

Source Technologies, a provider of secure print solutions, today announced an upgrade to its downloadable emulation, or DLE-based, MICR printers. All current…

Mobile payments give banks, credit unions a run for their money

by Tracy Kitten — Editor, AMC

August 2, 2009

According a new report from Javelin Strategy, financial institutions are facing a new competitor on the banking landscape: wireless carriers that are jumping…

Hackers' conference proves fertile ground for ATM skimming

by Tracy Kitten — Editor, AMC

August 2, 2009

The DefCon hacker conference in Las Vegas proved a fertile ground for suspicious activity. According to a wrap-up story from Wired.com, an ATM at the Riviera…

Wincor partner BS/2 launches e-channel payments for bank in Kazakhstan

by Tracy Kitten — Editor, AMC

August 2, 2009

Lithuania-based financial software and solutions provider and Wincor Nixdorf AG partner BS/2 says it has wrapped a two-year development project for a new…

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…