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News & Media

Metavante buys European debit, prepaid processor for $58 million

January 9, 2008

MILWAUKEE — Metavante Technologies Inc., provider of banking and payments technology, has acquired London-based Nomad Payments Ltd., which provides prepaid…

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First Gulf Bank launches chip-based debit card from MasterCard

January 9, 2008

Al Bawaba: First Gulf Bank, a leading bank in the UAE based in Abu Dhabi, has launched a chip-based MasterCard Worldwide debit card. The card provides…

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Alaric appoints industry expert to head ANZ region

January 9, 2008

LONDON — Alaric International, a supplier of advanced technology solutions for the card-payments industry, announced that it has appointed payments industry…

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Solvport unveils online ATM-customer-service portal

January 8, 2008

PORTLAND, Ore. — Solvport has announced the release of an online customer service Web-portal for its ATM customers.   According to a news release, Solview…

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EMV and the United States

by Tracy Kitten — Editor, AMC

Most of the world is complying with EMV, but not the U.S.

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Rent-A-Center signs with Diebold for cash recyclers

January 8, 2008

NORTH CANTON — Rent-A-Center, a rent-to-own company with more than 3,300 stores, has partnered with Diebold Inc. to install seven Diebold Express Cash…

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ATM con men net $22.4 million in Japan

January 8, 2008

The (Japan) Yomiuri Shimbun: People posing as tax-office officials and calling victims to offer refunds managed to net a total of 2.45 billion yen (U.S. $22.…

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MasterCard, Europay to integrate operations in France

January 8, 2008

PARIS — MasterCard Europe and Europay France plan to integrate their operating structures in France, a priority market for MasterCard in Europe.   The…

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Dubai plans to have world's largest Islamic bank

January 7, 2008

Reuters: Dubai plans to create the world's largest Islamic bank within five years, spending as much as $1 billion on individual acquisitions in countries as…

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Harvard uncovers ID, debit-card scam

January 7, 2008

The Boston Globe: Harvard University police and the Middlesex district attorney's office are investigating a security breach at the school after an…

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Terror suspects sentenced for ATM-related scam

January 7, 2008

(New York) Daily News: Three men accused of being part of a terrorist plot to steal $250,000 from city ATMs with bogus cards and stolen identities were on…

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First Data gift-card glitch strikes after Christmas

January 7, 2008

Digital Transactions: The day after Christmas, First Data Corp.'s ValueLink unit, which processes prepaid-card transactions, delayed gift-card authorizations…

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BLOG: Diebold stock hits 7-year low

January 7, 2008

The BRAD BLOG: Jan. 4 marked another bad for Diebold Inc. The company's stock price dropped another full 6.13 percent, closing at $26.81 per share. Diebold…

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ATM tech accused of stealing $250,000

January 7, 2008

The Associated Press: A man who services ATMs faces a charge of stealing more than $250,000 from the machines and his employer, Colby Enterprises of Kenner…

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Self Service Excellence Awards online entry now available

January 6, 2008

TRUMBULL, Conn. — KioskCom Self-Service Expo is now accepting submissions for its Self Service Excellence Awards.   According to a news release, KioskCom…

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Western Europe sees strong debit-card growth

January 6, 2008

LONDON — The number of payment cards in Western Europe increased by 9 percent from 2004 to 2006, hitting a total of 787 million, according to research firm…

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Citibank limits ATM cash withdrawals in NYC

January 3, 2008

(New York) Daily News: A jump in ATM fraud led Citibank last month to slash the maximum amount of cash available to its customers. The new cap on cash began…

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Fiserv upgrades core, teller apps for Sri Lankan bank

January 3, 2008

BROOKFIELD, Wis. — Fiserv CBS Worldwide, a division of Fiserv Inc., has announced plans to upgrade Sri Lanka-based Commercial Bank of Ceylon Ltd.'s…

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ATMIA hosts ‘Rising Again' ATM show in New Orleans

January 2, 2008

BROOKINGS, S.D. — The ATM Industry Association on Feb. 20-22 is hosting its annual Conference East in New Orleans. The theme of the ninth U.S. conference is…

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GRG Banking places first drive-up ATM in South China

January 2, 2008

GUANGZHOU, China — The first drive-up ATM in South China has been installed in Guangzhou city by local commercial bank GZB. The ATM was provided by GRG…

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