New Hampshire considering a cap on card fees

January 27, 2012

The New Hampshire legislature is debating a bill that would limit credit and debit card fees to 1 percent for state-charted banks, according to a report by New…

SHAZAM launches Pentagon mobile payment application

January 26, 2012

The SHAZAM network has launched the Adaptive Payments Pentagon mobile POS payments application, the company announced yesterday in a press release at…

Saudi Arabia's Skyband gets processing upgrade

January 26, 2012

Skyband, a merchant acquiring service and end-to-end payment processor in Saudi Arabia, has upgraded its payments processing network with the TraxcomSecure…

Scam targets Western Union ATMs

January 26, 2012

A scam artist has stolen thousands of dollars from Western Union ATMs at two Louisiana businesses, said a news account yesterday in the Lafourche Parish Daily…

Durbin Amendment blamed for TCF Financial losses

January 25, 2012

Wayzata, Minn.-based TCF bank reported Tuesday that its fourth-quarter profits were slashed to half the levels of a year ago, according to a news story in the…

New O2USA prepaid MasterCard goes live on February 1

January 25, 2012

O2USA will join an expanding universe of prepaid cards on February 1, according to a press release. The company says its new card is competitive with other…

Consumers receive mixed messages on payment choice

January 25, 2012

Recent debit card regulations have transformed market incentives for payments, creating a confusing environment for consumers, according to a press release…

Euronet reports breach of secure payment data

January 24, 2012

Euronet Worldwide Inc., a Leawood, Kansas, company that provides secure payment services, has reported a criminal computer security breach to the Securities…

NCR plans to invest more than €5 million in Serbian operations

January 24, 2012

Serbian Minister of Economy Nebojsa Ciric announced that NCR Corp. will invest more than €5 million ($6.5 million) in the first phase of its operations in…

Lagos strike highlights readiness for cashless system

January 24, 2012

The recent nationwide strike by the Nigerian Labour Congress to protest the removal of a government fuel subsidy was an indication of banks’ preparedness to…

Antitrust case looms for Visa, MasterCard and big banks

January 23, 2012

A comprehensive report at thestreet.com describes private antitrust litigation pitting some five million retailers against Visa, MasterCard and 13 large banks…

Switch to chips will cost Singapore banks

January 23, 2012

According to a report at businesstimes.com, Singapore banks are counting the cost of boosting card payment security as the industry plans the switch to chip…

ABS fast-tracks security measures for Singapore banks

January 23, 2012

In hopes of significantly reducing ATM fraud, The Association of Banks in Singapore (ABS) announced Friday that it would introduce a number of security…

Barcelona bank rolls out major tap and go program

January 23, 2012

Spain’s largest retail bank, La Caixa, has begun deployment of contactless payment cards and terminals across Barcelona, said a report at ft.com. The move…

NRF 2012: Is PCI fundamentally inadequate?

Representatives of one NRF exhibitor have launched an Occupy PCI movement, saying their holistic approach provides better data security.

Intelligent cash cassettes help bank slash ATM costs

January 20, 2012

Using its CINEO systems, Wincor Nixdorf has helped Volksbank Leipzig greatly reduce ATM cash management costs at its Consulting Center in Taucha, according to…

Siri's functionality may some day extend to ATMs

January 20, 2012

The patent office has made public Apple's patent for its iPhone bot, revealing some of the company's plans for Siri's future, according to a report at the…

FTSI unveils new professional services division

January 20, 2012

FTSI, an independent, self-service technology solutions provider in the Western region, will debut six new professional services for credit unions and…

TxVia Partners and Allpoint Network to expand surcharge-free ATM services

January 19, 2012

A press release yesterday announced that Allpoint Network, a Cardtronics, Inc. affiliate and operator of the largest surcharge-free ATM network, will partner…

Pre-holiday cash demand overwhelms ATMs in Vietnam

January 19, 2012

With the four-day Tet holiday beginning on January 22, workers are mobbing ATM stations to withdraw their wages and Tet bonuses, said a report at…