Study examines prepaid card fraud and risk controls in the US

November 14, 2013

New research from Mercator Advisory Group examines fraud risk and best practice for fraud prevention in prepaid card programs. The report, "Prepaid Card Fraud…

ATM withdrawals in S Africa ho-hum before the holidays

November 14, 2013

Spark Cash Index statistics for October indicate that consumers have been holding off spending before the holiday buying season. The SCI, which measures the…

Want to control your ATM card use? There's an app for that

November 14, 2013

In financial services, the consumer's No.1 expectation is to be in control. Particularly, consumers want to know that they can get to their money any time they…

Will businesses be forced to pay for polymer notes?

Polymer notes have undeniable benefits, but these come at a cost to ATM deployers and others involved in the cash cycle.

A manufacturer's dilemma

by atm Atom — blogger, atmatom

Editor's note: Remember the "I Love Lucy" episode (#39) that had Lucy and Ethel working on a candy factory production line wrapping chocolates? If so, you'll…

BofA anticipates biometric ID with ATM security patent application

November 13, 2013

Bank of America has applied for an ATM patent (U.S. Patent Application No. 20130264384) that would connect the ATM to external authentication capabilities such…

Nebraska's largest CU aims to get bigger faster

November 13, 2013

SAC Federal Credit Union of Bellevue, Neb., has grown its assets by an annual average rate of 16 percent over the last three years to become Nebraska's largest…

GPRs less costly than DDAs as primary payment tool

November 13, 2013

The majority of consumers who use a prepaid debit card to manage their finances do so for less than $7.50 per month, which represents a cost savings over a…

Columbus Data Services acquires USA Payment Systems

November 13, 2013

Dallas-based Columbus Data Services, a third-party ATM processor, announced today that it has acquired Houston-based processor USA Payment Systems.

To a needy mother, a fingerprint’s as good as a PIN

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

I have just attended the latest user event put on jointly by the NonStop user community and HP. Among the participants were many from the financial services…

What's better than cash? More cash!

by Ron Delnevo — Chairman, Cash and Card World

A new entity is currently taking shape. And this creation has an odd name: "The Better Than Cash Alliance."

FIME ready to test D-PAS contactless chip cards

November 12, 2013

Secure-chip testing provider FIME has established testing infrastructure and conducted laboratory test services for the Discover contactless D-Payment…

Diebold calls on Infosys, Oracle to help streamline operations

November 12, 2013

In an effort to streamline service, supply chain management and financial operations processes, Diebold Inc. has partnered with Infosys and Oracle for the…

Bitcoin called to testify before Senate committee

November 12, 2013

A Bitcoin Foundation board member will testify about the future of virtual currencies in a Nov. 18 hearing by the Senate Homeland Security & Governmental…

Arkansas bank beats EFTA suit

November 12, 2013

A lawsuit against Arkansas-based Union Bank & Trust of Monticello over a missing ATM fee placard was dismissed by a U.S. District Court last week. 

PIN wins in consumers' expected mobile wallet experience

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent study by Phoenix Marketing International highlights a disconnect between consumers' awareness of mobile wallets and their use of this emerging payment…

Wincor aims to upsize its slice of the American market

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Following a US operations revamp, Europe's ATM giant says it's ready to step it up on this side of the Atlantic.

Cash recycling ATMs catch on at UniCredit

November 11, 2013

UniCredit, a Milan, Italy-based banking and financial services company with more than 9,000 branches, is adding cash recycling capabilities to the ATM fleet at…

EMVCo qualifies Collis CPA/CCD level 2 test suites

November 11, 2013

EMVCo has certified the latest versions of the Collis CPA/CCD Level 2 Test Suites for the testing of card products. The tools are part of the UL EMVCo test…

Revised PCI regs to go live on Jan. 1, 2014

November 11, 2013

The PCI Security Standards Council, an open, global forum for the development of payment card security standards, has published version 3.0 of the PCI Data…