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Counterfeit kingpin tried in Brooklyn federal court

August 1, 2016

Lebanese native Louay Ibrahim Houssein was hauled from Malaysia to U.S. Madgistrate Judge Lois Bloom in Brooklyn Federal Court on July 26, according to a news…

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Fidor acquired by large French banking group

August 1, 2016

Germany-based Fidor Group has announced it has been acquired by Groupe BPCE, the second largest banking group in France.

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MagTek launches vendor integration partner program

August 1, 2016

MagTek, a payment security company, has launched its Vendor Integration Partner program focused on assisting software vendors, system integrators and hardware…

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ABA Bank debuts Cash by Code service in Cambodia

August 1, 2016

Compass Plus has announced that ABA Bank, in Cambodia, has launched E-Cash, an ATM withdrawal service.

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Sweetgreen's now offering customers a cashless option

August 1, 2016

Given a sharp decline in cash purchases, dropping from 40 to 10 percent since opening, Sweetgreen restaurants is now offering cashless payments.

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In advance of Diebold combination, Wincor earnings rise

July 29, 2016

Three quarters into its current fiscal year, Wincor Nixdorf AG is reaping the rewards of its restructuring program more rapidly than originally projected, the…

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Oki wraps up major deployment of cash-recycling ATMs in India

July 29, 2016

Oki has completed its latest deployment of 600 Oki G7 cash recycling ATMs on behalf of India's largest financial institution, the State Bank of India, the…

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UK firm locks up 1st international deal for Gryphon3 ATM anti-gas attack solution

July 28, 2016

Newcastle, England-based Lockpoint says that it has secured a deal with a large international security company to supply its Gryphon3 product to the Greek…

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ATM Security Association offers intelligence on cash cassette security

July 28, 2016

The ATM Security Association has announced the release of a new white paper on the topic of ATM cash cassette security. 

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Is chip and PIN worth the expense?

July 28, 2016

Merchants are pushing — and in some cases, suing — for credit card PIN verification. But would chip and PIN really increase transaction security and reduce…

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Union Pay bumps Visa to No. 2 spot in global payments value

July 28, 2016

According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card…

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Can't get to the ATM for cash? The ATM will send the cash to you

July 28, 2016

Researchers at a Pune, India, university have developed a handheld "micro ATM" that bank customers can use to get cash delivered directly to them when they…

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Despite heavy toll of cyberattacks, 8 in 10 enterprises lack a strategy to manage them

July 27, 2016

More than three-quarters (79 percent) of the IT professionals in a recent Ponemon Institute poll said their infrastructure for identifying and mitigating…

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Visa chip card issuance gathering momentum in US

July 27, 2016

Visa has released its latest report benchmarking progress in the U.S. migration to EMV chip-enabled cards and payments.

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Vantiv intros One Network Experience for integrated processing

July 27, 2016

Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all…

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Vantiv endorsed by California Bankers Association

July 22, 2016

Vantiv Inc., a provider of payment processing services and solutions, has been chosen by the California Bankers Association as its sole endorsed EFT processing…

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Despite certification slowdowns, US EMV migration moves forward

July 22, 2016

New research from Mercator Advisory Group examines progress made by credit card issuers, merchants, and card networks since the Oct. 1 U.S. EMV liability shift.

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Indian banks eyeing iris recognition for ATMs

July 22, 2016

Three of India's largest banks — DCB, Axis and Kotak Mahindra — are considering iris-recognition authentication for ATM transactions as an alternative to…

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Best practices can yield 30 percent in software cost savings, study finds

July 22, 2016

Many organizations can cut spending on software by as much as 30 percent by implementing three best practices for software license optimization, according to…

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CardFlight offers overview of EMV payment trends

July 22, 2016

Payments gateway operator CardFlight has released the latest update to its EMV Migration Tracker, an assessment of the progress of EMV chip card migration…

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