PayPal signs deal with China UnionPay, expands into Asia

March 18, 2010

AuctionBytes.com reports that PayPal has entered into an agreement with China UnionPay to allow Chinese cardholders to use PayPal to shop online. The deal is…

Wyoming legislation to limit ATM surcharge fees gets turned down

March 18, 2010

Legislation to put a cap on ATM surcharge rates proposed in the state of Wyoming was turned down last month by The Wyoming House of Representatives.  …

Collis opens office in Turkey

March 18, 2010

Collis has announced the opening of an office in Istanbul, Turkey, which the company says will help Collis better serve customers in Turkey and surrounding…

Visa card spending topped $115 million during Olympic Winter Games

March 18, 2010

According to Visa Inc., spending by international visitors on Visa cards at the Vancouver 2010 Olympic Winter Games and in British Columbia exceeded U.S. $11…

EDC adds 500 ATMs through deal with Sunoco, Citizens Financial

March 18, 2010

Citizens Financial Group Inc. says it will expand customer convenience by branding nearly 500 ATMs in Sunoco APlus Convenience Stores in 13 states along the…

Itautec sets sights on U.S. for ATM expansion

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Brazil-based ATM manufacturer Itautec says it plans to make a strong push into the U.S. market before the end of the year.

Global research confirms KAL's position as leading independent multivendor software provider

March 17, 2010

A new study indicates that ATM software provider KAL is one of the world's leading independent multivendor ATM software company, according to a company release.

Pavithran to head Diebold integrated services, software dev teams

March 17, 2010

Diebold Inc. recently announced that Kumar K. Pavithran, vice president, integrated services and software development, will lead the company's integrated…

New Jersey's 'ATM Bandits' nabbed

March 17, 2010

Three men accused of carrying out 15 burglaries in nine towns across northern New Jersey — burglaries in which they used acetylene torches and power tools to…

Egan, MVMC COO indicted for defrauding ATM customers

The Department of Justice announced last week that the alleged ATM fraud associated with Mount Vernon Money Center is now thought to be four times greater than…

Opus Software named systems integrator for Western Union Mobile Money

March 16, 2010

Opus Software Solutions, a provider of software solutions to the payments industry, has been selected as a systems integrator for Western Union's Mobile Money…

Fifth Third Processing Solutions release new security, encryption solution

March 16, 2010

Fifth Third Processing Solutions has designed a solution that encrypts critical payment and cardholder data at the front end of the payments process and…

Illinois CU plans to sell ATM, debit business to CO-OP

March 15, 2010

Credit Union Times reports that Members United Corporate Federal Credit Union ($8.4 billion in assets) has decided to drop its ATM and debit card program, the…

First Data offers mobile payments with MicroSD card

March 15, 2010

First Data Corp. has announced plans to offer mobile payments through a partnership with Tyfone, a provider of mobile contactless payment and secure mobility…

More than 100 FIs expected to launch POPmoney P2P payments in 2010

March 15, 2010

CashEdge Inc., which provides mobile and online person-to-person payments, says it expects more than 100 financial institutions to add its POPmoney P2P…

MasterCard intros 'ATM Hunter' for BlackBerry

March 15, 2010

MasterCard Worldwide has announced the launch of the MasterCard ATM Hunter application for BlackBerry smartphones.   According to a news release from…

nFinanSe announces fee reductions for ATM withdrawals, billpay transactions

March 14, 2010

NFinanSe Inc., a provider of reloadable prepaid cards, says it is cutting fees to cardholders for ATM withdrawals and electronic bill paymentss.   According…

B of A scraps debit overdraft fees

March 14, 2010

Bank of America has scrapped the $35 overdraft fees it charges on debit purchases, according to The Wall Street Journal, reported by The Euromoney…

Fifth Third Bank manager explains $950,000 heist

March 14, 2010

Michigan's Mlive.com reports that the former Fifth Third Bank manager who over course of five years pocketed $950,000, on Friday told a judge how she got away…

US Alliance Group names new president

March 11, 2010

US Alliance Group Inc. has named Greg Mahoney its new president. Mahoney, who has created and executed strategic programs that have resulted in sales growth…