MasterCard, NAC announce 'real world' plan to address April 19 liability shift

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Agreement eliminates risk burden from counterfeit Maestro interregional transactions for the majority of ATM acquirers.

Aligning payment processing services and customer experience

by Marc Borbas — VP, Marketing, INETCO

Last week, Retail Systems Research published the Fast Fact "Retail Payments and the Customer Experience: Waiting for Processors." It was taken from RSR's first…

FTC issues report on increased use of mobile payments

by Terry Dooley — SVP & CIO, ITS, Inc

The Federal Trade Commission recently issued a staff report titled "Paper, Plastic … or Mobile?" The report, which is based on an FTC workshop, highlights key…

Virtual Teller ATMs: In demand and increasingly so

by Mark Smith — VP of Financial Solutions, Kahuna ATM Solutions

When you put together the costs of real estate, human resources and sheer operational expenses of a branch, they might far exceed any justification to keep a…

D&B 5-year global economic forecast: uneven, fraught with risks

From 2013 to 2017, growth ramp-up of 2% to 2.9% expected

ATM innovation survey, gift card drawing to close at EOD Friday

April 10, 2013

The ATM Industry Association is issuing a reminder to industry members to provide their input for "The ATM Innovation Survey." The study is co-sponsored by ATM…

Study: 'A First Look into the Canadian Prepaid Market'

April 10, 2013

A new report from Mercator Advisory Group, "A First Look into the Canadian Prepaid Market," examines the Canadian prepaid market, including market…

CSI reports 100% renewal of customer contracts for NuPoint core platform

April 10, 2013

Computer Services Inc., a provider of end-to-end technology solutions for FIs, has announced the retention of 100 percent of NuPoint core platform contracts…

Donna Embry of PAI among 20 'Most Influential Women in Payments'

April 10, 2013

Electronic payment processor Payment Alliance International announced today that senior vice president of strategic development Donna Embry, has been named as…

ATM withdrawals suggest bump in SA consumer spending

April 9, 2013

New statistics from the Spark Cash Index, a measure of the average value of cash withdrawals at more than 2,000 Spark ATMs across South Africa, indicated a big…

3 ATM bombings, 1 Gryphon

April 9, 2013

Of three recent ATM bombings across the U.K., two ATMs gave up their cash contents to thieves. The third was protected by a Gryphon ATM-protection system by…

IFX Forum, EPASOrg to partner on ISO 20022 ATM message development

April 9, 2013

The Interactive Financial eXchange Forum and EPASOrg have signed a memorandum of understanding for coordination on the development and delivery of ISO 2002…

EMV Migration Forum committees report 'significant progress'

April 9, 2013

Following its March meeting, the EMV Migration Forum has announced significant progress on projects supporting the U.S. payment industry's move to EMV. The…

Beating the squeeze in the ATM business

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In an industry feeling pressure from all directions, one IAD looks to get every penny of profitability from the ATM.

First Data, Associated Bank renew debit, Star Network relationship

April 8, 2013

Payment processor First Data Corp. recently announced an agreement renewing its relationship with Associated Bank, a $23 billion bank holding company based in…

Kenyan Central Bank sets EMV target deadline of Sept. 30

April 8, 2013

Commercial banks in Kenya will be expected to migrate from magnetic stripe to EMV smart chip for ATM, debit and credit cards by Sept. 30, 2013. Members of the…

India's RuPay cards to go global in July

April 8, 2013

The National Payments Corporation of India recently announced an agreement with Discover Financial Services that will take India's new RuPay debit card…

Vantiv completes requirements to process MasterCard EMV transactions at ATMs

April 8, 2013

Vantiv Inc., a provider of payment processing services, has announced that it is the first U.S. acquirer to complete MasterCard testing requirements to process…

BofA rolls out Teller Assist ATMs

April 8, 2013

Bank of America has announced the addition to its fleet of ATMs with Teller Assist. The new ATMs allow customers to speak with a BofA teller during extended…

Report offers definition, advice to FIs on mobile wallets

April 8, 2013

Analysts at IDC Financial Insights have announced a new report intended to aid financial institutions navigate the world of mobile payments. The report…