Judge sends NCR, KAL to arbitrator

by Tracy Kitten — Editor, AMC

April 10, 2006

Nearly a year and a half after Dayton, Ohio's NCR Corp. sued multivendor software provider Korala Associates Ltd. (KAL) for copyright infringement, a federal…

Auditors question TRM's viability

April 10, 2006

Associated Press: TRM Corp. said April 7 that its auditor, PricewaterhouseCoopers LLP, has raised questions about the company's ability to continue.

Latin America's card markets nearing maturity

April 10, 2006

ePaynews: Latin America's card-payment systems are nearing maturity, as are the economies of scale necessary for sustained growth, as POS terminal penetration…

Visa Europe expected to pilot contactless payments

April 10, 2006

ePaynews: During 2006, Visa Europe expects to pilot contactless payments in several EMV card-using countries, including the United Kingdom, to leverage EMV…

HSBC joins mobile ATM network

April 10, 2006

Channel Register: Consulting, technology and support company Morse announced that HSBC and First Direct are the first banks to join its mobile ATM network…

NCR, techs reach agreement

April 10, 2006

Australian IT: An industrial relations skirmish in the technology sector appears to be over, with technicians at NCR Corp. voting to accept an enterprise…

Bank of New Zealand caught in cross-border ATM fraud

April 10, 2006

Finextra: Cards skimmed from Bank of New Zealand ATMs have been used by criminals in Toronto to steal N.Z. $49,000 (U.S. $29,890) from customer accounts in an…

Fiserv adds PassMark Security's authentication tech

April 10, 2006

BROOKFIELD, Wis. - Fiserv Inc. named PassMark Security a partner in providing multifactor authentication technology to its banking and credit union clients.

Delaware town toughens ATM security, mandates 911 access

April 9, 2006

The (Delaware County, Del.) Daily Times: Council members in Sharon Hill, Del., a community just outside Philadelphia, passed an unprecedented ordinance that…

Australian Consumers Association concerned about ATM fees

April 9, 2006

ABC: The Australian Consumers Association says consumers are being slugged with fees for entering the wrong PINs, the wrong accounts or not having enough money…

New Zealand builds out EMV infrastructure

April 9, 2006

ePaynews.com: New Zealand's national payment network, Paymark, is soon expected to accept and process EMV chip-card transactions. Westpac Bank completed the…

Card-reload network reaches Canada's unbanked

April 9, 2006

ePaynews.com: Canada should receive its first prepaid card reload network under a joint venture with card issuer and MasterCard partner Mint Technology Corp.

Vietnam prepares EMV infrastructure

April 9, 2006

ePaynews.com: In Vietnam, more than 4,400 EMV chip-card-accepting terminals are in use. By year-end, most card-acceptance points should be converted and ready…

Prepaid Media appoints new CEO

April 6, 2006

NASHUA, N.H. - Prepaid Media, a media outlet and information services provider to the prepaid card industry, appointed Anil D. Aggarwal its chief executive.

Texas credit union signs for Co-Op's processing services

April 6, 2006

ONTARIO, Calif. - Austin, Texas-based United Heritage Credit Union announced in a news release that it upgraded its product portfolio with Co-Op Network.

Nigerian ATM firm appeals for national currency system

April 6, 2006

This Day: Nigeria's pioneer off-site independent ATM deployer, ATM Consortium, has asked the Central Bank of Nigeria to implement a national currency…

Credit Union 24 celebrates 25 years of service

April 6, 2006

ORLANDO, Fla. - NFL head coach Don Shula last month addressed attendees at Credit Union 24's inaugural Executive Summit at Disney's Grand Floridian Resort…

Canadian ATM bandits sentenced

April 6, 2006

The Globe and Mail: A New Brunswick judge sentenced a Montreal couple for ripping off banking machine customers in four provinces. The couple pled guilty to…

41st Parameter partners with analytics expert for online security

April 6, 2006

SCOTTSDALE, Ariz. -The 41st Parameter, a fraud detection and prevention provider for the online channel, and Elite Analytics LLC, a data analytics and…

LG N-Sys, Hemisphere West sign distribution agreement

April 6, 2006

LAS VEGAS - Hemisphere West International has signed a global distribution agreement with Korean manufacturer LG N-Sys Inc.