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PCI SSC updates PIN security standard

August 6, 2018

The PCI Security Standards Council has published PCI PIN Security Requirements and Testing Procedures version 3.0, the PCI standard for the secure management…

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3 longtime PAI execs resign en bloc

August 3, 2018

Three top executives at Payment Alliance International resigned en bloc yesterday: President and CEO John J. Leehy III; Executive Vice President and Chief…

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Senate bill would ban overdraft fees on ATM, debit card transactions

August 3, 2018

Legislation introduced in the U.S. Senate aims to curtail the ability of banks to impose overdraft fees on customers.

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3 Fin7 members face 26 charges in cybertheft of data for 15M cards

August 3, 2018

Three high-ranking members of an international cybercrime group operating out of Eastern Europe have been arrested and are curren in custody facing charges…

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New tools enable app development for Square hardware

August 3, 2018

Square has released a set of developer tools for building custom, in-person checkout experiences, according to a press release. 

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Nedbank mobile app provides all-in-one payments through MasterCard, Entersekt partnership

August 3, 2018

MasterCard and Entersekt are collaborating to enable Nedbank customers in South Africa to make QR payments to merchants and billers who accept Masterpass…

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Boomers nearly 5x more likely than millennials to favor credit cards over cash

August 2, 2018

People age 29 and younger are 93 percent more likely to have a negative opinion of credit cards than people age 59 and older, according to new research from…

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CU members score on Prime Day

August 2, 2018

Amazon Prime Day 2018 recorded more than 100 million customer orders, making it a banner day for the e-commerce site, but also for the nation's credit unions…

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Consumer fears about security overshadow future of biometric payments

August 2, 2018

Consumer security concerns could jeopordize the future of biometric payments, which are otherwise poised for growth, according to a new report from secure…

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Apple Pay cracks billion-transaction milestone

August 2, 2018

Apple CEO Tim Cook talked up the company's mobile payment service in an earnings call Tuesday, touting1 billion Apple Pay transactions in the company's…

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Chase catches up, announces nationwide rollout of cardless ATM access

August 2, 2018

Chase customers can now get cash through the mobile wallet on their smartphone at nearly all of the bank's 16,000 ATMs nationwide. The wallet can also be used…

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Payday pain for Wells Fargo customers as ATM, mobile deposits fail

July 31, 2018

Wells Fargo apologized Friday for a service outage that began around midday when customers found themselves unable to deposit checks via mobile or discovered…

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NCR announces major reorg, executive hires

July 31, 2018

NCR Corp. has announced a new organizational structure and the appointment of several new executives.

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Fifth Third customers get fee-free access to 7-Eleven ATMs in deal with FCTI

July 31, 2018

Independent ATM Deployer FCTI Inc. has executed a multiyear contract with Fifth Third Bank that provides fee-free cash and account access to Fifth Third…

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In-store contactless payments to total $2T by 2020

July 31, 2018

Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than expected, according Juniper Research. In 2020, in-store…

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Fiserv, BlueVoyant help FIs fight cybercrime with comprehensive managed security platform

July 31, 2018

Fiserv Inc., a provider of financial services technology solutions, and BlueVoyant, a next-gen cybersecurity company, have formed a strategic alliance to…

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India's ATM operators face one more costly update

July 27, 2018

Indian ATM operators, have withstood a series of setbacks over the past 18 months or so: demonitization and income-killing cash shortages; expensive security…

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ATM deployer Euronet bags double-digit year-over-year gains in Q2

July 27, 2018

Euronet Worldwide Inc., a Leawood, Kansas-based electronic payments provider, has reported its second quarter 2018 financial results.

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PCI SSC aims to improve payment security through assessor roundtable

July 27, 2018

The PCI Security Standards Council has announced the first PCI SSC Global Executive Assessor Roundtable. The roundtable will be an executive committee-level…

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Zelle moves $28B in 100M Q2 transactions

July 27, 2018

The multibank-owned person-to-person payment platform Zelle processed 100 million transactions worth $28 billion during the second quarter of the year…

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