KBC Bank Ireland opts for TSYS processing

July 15, 2013

TSYS  and KBC Bank Ireland have signed a multi-year payments agreement under which TSYS launch the KBC debit card portfolio in Ireland. TSYS will provide its…

How the 'digital life' affects identity theft and financial loss

by Robert Siciliano — speaker, IDTheftSecurity.com

You're on Facebook, LinkedIn and Twitter. You use Gmail, Yahoo, and online banking. You might buy stuff on sites like Amazon and occasionally make purchases…

The ATM in consumers' pockets

by Terry Dooley — SVP & CIO, ITS, Inc

The ATM and banking industries are continually working to embrace new technology, including mobile commerce. ATMs can cost-effectively provide the link between…

EFTA still bites

July 15, 2013

Even a dead snake can bite. The same is true with "dead" regulations.

Russian tech award winner charged with self-serve machine hack

July 12, 2013

Smart, yes — but then again, no. The Irkutsk student who took second-place honors in the 2012 All-Russian Information Technologies contest has now been charged…

First Data publishes June spending analysis

July 12, 2013

E-commerce and payment processing specialist First Data Corp. has released its First Data SpendTrend analysis of consumer spending at U.S. merchant locations…

New study identifies massive risks facing mobile payments

July 12, 2013

Just when you thought mobile payments might be gaining some credibility, risk analysts at U.K. consultant Riskskill have released what can only be called a…

INETCO to provide e-commerce transaction monitoring for Adquira

July 12, 2013

INETCO Systems Ltd., a provider of application performance monitoring software, has announced that Adquira Mexico S.A. de C.V. has chosen INETCO Insight to…

M-PESA meets Bitcoin with new service in Kenya

July 12, 2013

Known as one of the most innovative — and to date, successful — mobile money programs in the world, Kenya's M-PESA is now dabbling in virtual currencies thanks…

SAVVI test tool intros simplified Visa terminal integration

July 12, 2013

Terminal integration test results for Visa can now be automatically formatted for direct online submission to the card company, thanks to an enhancement of…

June ATM cash withdrawals in S Africa hit new high

July 12, 2013

South Africa's average cash withdrawal values in June reached a new high for the year at R475.98 ($47.46), an increase of 2.5 percent over the previous month…

Wincor expands in emerging markets with Lagos office

July 12, 2013

Wincor Nixdorf has announced the opening of a new representative office in Lagos, the largest city in Nigeria, as a step in the expansion of its business in…

Planad Angola bolsters check security with NCR solution

July 12, 2013

NCR Corp. has expanded its relationship with Planad Angola one of the largest IT distributors for financial institutions in that country, to begin implementing…

Unwrapping the riddle of Bitcoin (infographic)

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Everyone's talking about the virtual currency, but does anyone really understand it?

Have you talked to your legislators lately?

by Kevin Christensen — Vice President, Audit, SHAZAM

Just like average Americans, U.S. financial institutions vary in how involved they like to get in the world of law-making. Whereas some take full advantage of…

Diebold now supporting self-serve network for Belgian FI

July 11, 2013

Assuming ATM maintenance, updating and monitoring responsibilities for one of Belgium's largest financial institutions, Diebold Inc. is now supporting…

ATMs and prepaids: plugging the unbanked into traditional financial services

For those outside the banking system, the ATM can be the payments hub for "plugging in" to a modern economy.

Chinese cyber theft: What's the solution?

July 10, 2013

Verizon provides the information highway for more than 60 percent of the world's Internet traffic. And according to the company's annual report on cyber crime…

More regulation isn't the answer to breach losses

by Kevin Christensen — Vice President, Audit, SHAZAM

Data breaches have become somewhat of a fact of life for those of us in the payments field. For financial institutions, unfortunately, these breaches have also…

Community Bank goes with DNA account processing

July 9, 2013

Glen Ellyn, Ill.-based Community Bank - Wheaton/Glen Ellyn has selected the DNA account processing platform from Open Solutions, now part of Fiserv.