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New program assists acquirers, ISOs with data incident management

August 6, 2014

Conformance Technologies' Data Incident Management Program assists with forensics, equipment replacement, legal fees, and legal and consumer notifications.

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Target takes a Q2 hit of $148M in costs from data breach

August 5, 2014

The figure includes estimated probable losses for what the company believes to be 'the vast majority of actual and potential breach-related claims,' including…

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Interchange fee cuts a hard hit to S African banks' bottom lines

August 5, 2014

They don't go into effect until Jan. 1, but Nedbank has already done the math and found that the reserve bank's new fee structure will cause significant losses…

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Kaspersky report shows growing threat from hacking attacks on FIs

August 4, 2014

Growing interest in 'big money' is reflected in a sharp rise in the number of banking Trojans over the last year. Most of these ultimately involve an ATM…

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European card fraud reaches new highs

August 4, 2014

FICO's latest European card fraud map shows losses from 2006–2013 for 19 countries, and across five categories, including counterfeit fraud, stolen card, and…

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China drives 27 percent growth in EMV, contactless card shipments

August 4, 2014

EMV migration in the U.S. and the increasing adoption of contactless payments in Europe are also growth factors, says new data from ABI Research.

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Oberthur develops America's first Durbin-compliant MasterCard-certified debit card

August 4, 2014

The company's Cosmo v5 M/Chip Multi-Application is enabled for use on two unaffiliated debit networks as required by law in the United States.

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Prosegur, Glory team up to implement full-cycle cash management solution

August 1, 2014

Private security provider Prosegur has integrated 300 banknote counter/sorters from Glory to achieve end-to-end coverage of the cash management cycle.

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Banks funneling more funds into mobile banking tech

August 1, 2014

A monthly poll finds that 68 percent of banks are upping the budget for the mobile channel and 28 percent are striving to offer customers an omnichannel…

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CFPB study raises new concerns about ATM, debit overdrafts

August 1, 2014

Despite regulatory changes, the agency still frets about overdraft fees, saying they "should not be 'gotchas' when people use their debit cards."

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UL education program aims to advance US EMV migration

August 1, 2014

As the migration towards EMV technology in the U.S. accelerates, UL hopes to help educate Americans about the scope, impact and advantages of EMV.

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Majority of Brits back biometric ID

August 1, 2014

The iPhone 5s seems to have pushed along a major shift in consumer attitudes toward biometrics. One study finds that almost 80 percent of Brits are ready to…

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Survey participants wanted for 2015 Mobile Payments State of the Industry Report

July 31, 2014

Mobile Payments Today has released its latest survey for the upcoming 2015 Mobile Payments State of the Industry Report, which will be available for purchase…

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TD Bank serves up a memorable, multichannel 'thank you' to customers

July 29, 2014

In addition to phone, online and branch giveaways, the FI created some spectacular surprises for selected customers at the 'automated thanking machine.'

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ABA commends House on passage of cybersecurity bills

July 29, 2014

Legislators demonstrated rare bipartisanship, approving a pair of cybersecurity bills of particular interest to the financial services sector.

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Euronet subsidiary Ria achieves major expansion in India

July 29, 2014

Ria Money Transfer, a subsidiary of Euronet Worldwide Inc., has announced its expansion in the Indian market with the addition of 17,000 India Post locations…

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CU24 extends ATM access to 5 new FIs serving 84K members

July 29, 2014

Members of the five new participating institutions will have access to the largest credit union-owned ATM network in the United States.

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Europol raid against skimming, cybercrime gang nets 65 suspects

July 29, 2014

The network took in an estimated $2.7 million from criminal operations that ranged from illegal financial transactions to drug trafficking.

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Wincor Nixdorf cuts earnings forecast, cites sagging markets

July 29, 2014

The company expects flat earnings year over year, but still expects EBITA to grow on sale of Singapore facility.

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Gov't regulators should question motives of those who seek to eradicate cash

July 28, 2014

A newly published position paper by ATMIA highlights the value of cash as a 'publicly minted trust.'

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