Debit fee cap hearing a fiasco for Fed attorneys

August 15, 2013

On Aug. 14, attorneys for retail associations and the Fed were to have discussed a timeline for setting a lowered debit interchange fee cap. This discussion…

Who's watching over our mobile financial data?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With mobile financial services poised for rapid growth, the FTC is keeping a keen eye on data security.

DPAs will challenge traditional business models

by Terry Dooley — SVP & CIO, ITS, Inc

According to a recent Gartner report, device-based applications —  also known as digital payment advisors — that recommend the most appropriate payment product…

Kearny FSB opts for Fiserv account processing solution

August 14, 2013

Fiserv Inc., a provider of financial services technologies, has announced that Kearny Federal Savings Bank of Fairfield, N.J., will use the company's Premier…

NCR secures 2,000-ATM order from ICBC

August 14, 2013

Global technology company NCR Corp. has secured an order from the Industrial and Commercial Bank of China for more than 2,000 NCR SelfServ ATMs. The purchase…

Paragon provides e-payment testing hub for Ukrainian processor

August 14, 2013

Ukrainian Processing Center, a provider of ePayment processing and outsourcing in the Ukraine, has chosen the Web FASTest platform from Paragon Application…

EFTA previews the ATM & Mobile Executive Summit

Kurt Helwig, president of the Electronic Funds Transfer Association, talks about some of the speakers and topics lined up for this month's inaugural ATM …

Philippine banks must replace ATMs, cards

August 13, 2013

Banks were ordered Tuesday to replace existing automated teller machine cards and machines with new ones between 2015 and 2017 in an effort to curb hacking…

What ATM deployers can learn from marketing masters like Pepsi and Coke

August 13, 2013

Marketing titans like Coca-Cola and Pepsi understand the power of branding — that's readily apparent from the logos and other branded signs and messages…

Kuwait gets its first drive-through ATM

August 13, 2013

Viva, a Kuwaiti telecom operator, has installed the first drive-through ATM in the nation of Kuwait. In addition to cash withdrawal at the user's convenience…

TSYS helping Kenya with EMV migration

August 13, 2013

TSYS, a provider of issuer services and merchant payment acceptance, is assisting Paynet, a financial services provider to issuers and acquirers in Kenya, in…

As authorities move on Bitcoin, crooks move on to other digital currencies

August 13, 2013

Who could've seen this coming? In May, authorities charged the principals of Cost Rica-based digital currency exchange Liberty Reserve with laundering $…

Travelex, MasterCard team up on multicurrency prepaid card

August 13, 2013

Foreign exchange provider Travelex has joined with MasterCard and Access Prepaid to introduce the new Multi-Currency Cash Passport Prepaid MasterCard. The…

Cash as an investment

by atm Atom — blogger, atmatom

In an interesting twist on the "death of cash" argument, a July bankrate.com survey identified cash as the most popular long-term investment. Yes, you did read…

ATM operator Cardtronics is red-hot and on a roll

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The company lights up Q2 earnings and looks to heat up the independent ATM market in Europe. 

Consumers increase card spending in July

August 12, 2013

Payment processing provider First Data Corp. has issued its First Data SpendTrend analysis for July 2–30 compared with July 3–31 of last year. Year over year…

GRG certified by Fiserv for ATM transaction processing in Canada

August 12, 2013

Fiserv Inc., a provider of financial services technology solutions, has certified GRG International ATMs for the Canadian market. This means that Canadian FIs…

PE firm pays $95M for South African IAD Paycorp

August 12, 2013

Private equity firm Actis has announced its acquisition from Transaction Capital Ltd. of the South African payments group Paycorp Holdings Ltd. Actis will…

Malware a threat for mobile banking customers

by Kevin Christensen — Vice President, Audit, SHAZAM

This post concludes a series on risk assessment for mobile-banking apps.

ATM focus shifting from hardware to software

by Dominic Hirsch — manager, Retail Banking Research

People often ask me if ATM hardware is commoditised. The answer, perhaps surprisingly for a product that is nearly 46 years old, is no. ATM hardware continues…