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Recent data breaches put encryption practices under scrutiny

March 10, 2009

Computer World: With major data breaches occurring on a regular basis, encryption vendors are going into hyper-drive, touting the need for their products. But…

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Visa, MoneyGram launch prepaid card program, target unbanked users

March 10, 2009

San Francisco Business Times: Visa Inc. and MoneyGram International have partnered to launch a Visa-branded prepaid card program that allows users to add money…

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Software can improve ATM uptime and enterprise management

by Jay Goodwin — VP Sales and Marketing, ESQ Business Services

Transactional analytics can give FIs a 360 view of their ATMs in real-time.

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Canadian authorities to probe debit, credit card fees

March 9, 2009

Finextra: A shake-up of the national payments industry in Canada is on the way, as the government spearheads efforts to take a closer look at the payments…

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FDIC to add bank emergency fee

March 9, 2009

The Motley Fool: Bank failures that are depleting the deposit insurance fund have prompted regulators to increase the fees paid by U.S. financial institutions.

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AMCORE Bank selects NYCE for ATM, POS access

March 9, 2009

SECAUCUS, N.J. — AMCORE Bank of Rockford, Ill., has signed with the NYCE Network for PIN debit and ATM card access. NYCE Payments Network LLC is part of…

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An end to debit: Mobile phones make headway as new payment option

March 9, 2009

Belfast Telegraph: Consumers may soon use their mobile phones rather than debit cards for purchases that are less than £10. Barclays, with its Barclaycard…

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Economic crisis takes $50 trillion in wealth, is worst downfall since Great Depression

March 9, 2009

Voice of America: The Asian Development Bank says the global economic crisis has erased $50 trillion in wealth around the world. Bank President Haruhiko Kuroda…

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Diebold in pact with SBI for ATM expansion

March 9, 2009

Trading Markets: Diebold Inc. has signed a deal with Mumbai's State Bank of India to expand the bank's ATM network across the country. By May, Diebold expects…

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M&TBank Corp. to cut 521 jobs at new Baltimore acquisition

March 8, 2009

Trading Markets: M&T Bank Corp. says it will cut 521 jobs at Provident Bankshares Corp., 29 percent of the workforce, after it completes its acquisition of…

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NCR's 'intelligent' ATMs trialed in Kenya

March 8, 2009

Business Daily Africa: A new ATM from NCR Corp. is on trial in Kenya. The ATM rollout comprises machines that offer foreign-currency exchange and…

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ATM ISOs look for a niche, and a focus on cash

by Tracy Kitten — Editor, AMC

The economic downturn is poised to offer independent ATM deployers greater opportunities.

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New report says bank fraud could drive consumers to PayPal, other non-bank online payments

March 5, 2009

Digital Transactions: Financial fraud threatens the growth of online payments and banking, and could potentially drive consumers away from banks and toward…

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Australia's Lockit Systems signs U.S. distributorship deal for ATM Raminator

March 5, 2009

DALLAS —  Australia-based Lockit Systems, creator of ATM Raminator, has signed with Dallas-based The Security Centre, a security supplier for the financial…

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Pemco Technologies automates network testing with Lexcel TestSystem Network

March 5, 2009

SCOTTSDALE, Ariz. — Pemco Technologies, a payment solutions provider, has implemented Lexcel Solutions Inc.'s TestSystem Network.   According to a news…

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Wincor bankers' symposium: Building customer loyalty in a tough economy

by Tracy Kitten — Editor, AMC

March 5, 2009

See a slide show from the forum   CHICAGO — Executives from Wincor Nixdorf Inc. (USA) hosted a bankers' forum last month, highlighting emerging trends in a…

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Mitek Systems, mFoundry demo mobile deposits for banks

March 4, 2009

SAN DIEGO — Mitek Systems Inc., provider of image analytics and mobile-document-capture software, and mFoundry, provider of mobile-banking and payments…

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Push for mandatory reverse ATM PIN adoption rears its head, again

March 4, 2009

The appeal for a reverse ATM code has again popped up in mainstream press, this time in Illinois, where the (Peoria, Ill.) Journal Star last week reported…

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Diebold named among top outsourcing service providers for third year in a row

March 4, 2009

NORTH CANTON, Ohio — Diebold Inc. has been recognized as one of the world's top outsourcing providers by the International Association of Outsourcing…

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Ask the Experts: Legal missteps can reap havoc on an ATM, self-service deployment

March 4, 2009

Mandates, regulations, and consumer convenience and protection should be top-of-mind for any ATM deployer. But most importantly, ATM deployers should consider…

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