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News & Media

Case against Ore. ISO may not be last

June 4, 2007

Digital Transactions: A case filed by the Federal Trade Commission against an independent sales organization in Beaverton, Ore., may not be the last action…

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TRM names new president, CEO

June 4, 2007

Finextra: TRM Corp. has named Richard Stern its new president and chief executive officer, a post Stern is expected fill June 15. Stern now serves as the…

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Calif. authorities release ATM-fraud warning

June 4, 2007

Pasadena (Calif.) Star: A team of thieves is staking out ATMs using equipment to steal PINs from unsuspecting bank customers, San Marino, Calif., police said.

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Calif. credit union launches 'envelope-free' ATM deposits

June 4, 2007

SAN DIEGO - USA Federal Credit Union announced that it now has ATMs that offer users envelope-free deposits using check-imaging technology.   "This…

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ATM news: Skimmers scam $100,000 from Westpac ATM users

June 3, 2007

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Flextronics to buy Solectron for $3.6 billion

June 3, 2007

RealTimeTraders: Flextronics International Ltd. has agreed to acquire Solectron Corp. for about $3.6 billion in cash and stock, based on the closing price of…

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Co-Op adds 'Co-Op Concierge' for card-fraud protection

June 3, 2007

ONTARIO, Calif. - Co-Op Financial Services says it is enabling credit unions to address fraud concerns for traveling members with its latest product, Co-Op…

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Canadian retailer moves forward with chip-and-PIN migration

June 3, 2007

ePaynews: Canadian Tire, one of Canada's largest retailers, says that all 468 of its Canadian Tire Retail-branded stores will be ready to accept MasterCard…

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Barclays launches more banking services in Middle East

May 31, 2007

(Amman, Jordan) Mena Report: Barclays Bank Plc. has launched retail-banking services in the United Arab Emirates. Barclays says it wants to reinvent retail…

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Pensions pay out at ATMs

May 31, 2007

ePaynews: A new product is expected to allow Australian retirees to withdraw pension funds at ATMs. The product links ING Australia's new OneAnswer pension…

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Auditor questions TRM's ability to go on

May 31, 2007

Portland (Ore.) Business Journal: TRM Corp. says PricewaterhouseCoopers LLP's recent audit report raises questions about the company's ability to continue.

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Level Four bridges ATM app gap

May 31, 2007

Arabian Business: Level Four has signed an ATM-testing-solutions deal with National Bank of Dubai as the bank works to upgrade its network. The bank is…

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Diebold names Pierce, Moore to leadership positions

May 31, 2007

NORTH CANTON, Ohio - Diebold Inc. has promoted Leslie A. Pierce to vice president and corporate controller, and Michael R. Moore to vice president of…

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Fighting the Rise in Card Fraud

May 31, 2007

Refined systems and techniques can help the banking and retail industries get a handle on rising card fraud.    

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ATMs in Central and Eastern Europe

In Eastern Europe, commercial development in the former, so-called Eastern Bloc, has created a need for greater financial services. And the ATM is at the…

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E-payments expected to double in India

May 30, 2007

ePaynews: Electronic transactions are expected to double in India over the next three years because of concerted efforts by the Reserve Bank of India, banks…

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Indian bank tests biometrics-based smart cards

May 30, 2007

ePaynews: Union Bank of India has teamed with Indian software firm Financial Information Network and Operations and Cashpor Micro Credit to launch a…

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Skimmers scam $100,000 from Westpac ATM users

May 30, 2007

Finextra: Australia's Westpac bank has suspended 900 cash cards after a skimming device was discovered at one of its ATMs in Melbourne. Withdrawals totaling…

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ATM news: Juvenile charged for ATM scam in Ireland

May 30, 2007

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Brink's Canada opens North America's largest armored facility

May 29, 2007

TORONTO - Brink's Canada has announced the opening of a new Toronto facility that is touted as being the largest armored-car facility in North America. The…

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