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News

Organizations not prepared adequately for targeted cyberattacks

October 30, 2014

A Kaspersky Lab study finds that although businesses know the threat is real, they aren't doing enough to protect themselves against targeted attacks.

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FIS, CSCU team up to extend fraud protection solution to CUs

October 28, 2014

Compromise Manager promises timely card blocking, reduced administration costs, and automated cardholder alerts for small and midsize credit unions.

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Alliance advocates concurrent use of smart chip, encryption, tokenization

October 28, 2014

A new paper from the Smart Card Alliance says payments providers can help protect themselves against fraud by using layered technologies.

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US banks hit with EMV fraud (yes, EMV fraud)

October 28, 2014

Fraudsters are devoting their energies to exploiting holes in the smart chip transaction process. And it seems that they have found a few.

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Has cash ever saved the day for you? Tell your story

October 27, 2014

The ATM Industry Association is collecting real-life stories to use in the production of its upcoming 'Cash Always Works' video. Share yours by Dec. 15.

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Instant issuance yields big boost in exchange revenue for New Jersey FI

October 27, 2014

First-month payment card exchange revenue increased 7.32 percent year over year at Atlantic Stewardship Bank after it implemented Card at Once.

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FIME urges financial industry to add NFC along with EMV

October 27, 2014

The company says the financial industry should expect growing consumer demand for contactless following the rollout of Apple Pay.

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Encap platform incorporates Apple Touch ID for mobile banking apps

October 27, 2014

Fingerprint security joins PIN entry, device location and user behavior as options for user authentication in mobile banking applications.

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Study: Banks will invest $16B in branch transformation in 2017

October 27, 2014

Key success factors include differentiation within the branch network, improved customer experience, and ability to perform standard transactions quickly and…

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Prospective members lining up to join new ATM Security Association

October 27, 2014

After the organization's launch two weeks ago at ATMIA Security 2014, founding members Wincor and Diebold fielded 70 inquiries and applications for membership.

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GRG, Standard Chartered go live with Hong Kong's first VTMs

October 24, 2014

The devices provide remote video teller assistance for more than 70 percent of traditional counter transactions.

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Phoenix Interactive certifies Hyosung branch transformation solutions

October 24, 2014

The Hyosung MX8800 assisted self-service terminal is now certified on the suite of multivendor applications developed and marketed by Phoenix Interactive…

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Wincor, Sparkasse Bremen re-up partnership

October 24, 2014

Wincor Nixdorf Portavis and the German savings bank Sparkasse Bremen will extend their current outsourcing agreement for five more years.

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New report examines emerging payments in Africa

October 24, 2014

With new technologies, a growing middle class, government initiatives, and many drivers towards greater inclusion, Africa’s payment systems are changing…

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Pulse forms consulting group to serve FI needs

October 24, 2014

Pulse InSights will offer strategic services to banks and credit unions, with a focus on card portfolio performance, branch maximization and customer outreach.

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Staples investigating possible data breach

October 23, 2014

Has POS malware become an 'easy button' for payment card data theft and counterfeiting?

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Clearing House announces plan to pursue real-time payments

October 23, 2014

The multiyear project will address gaps in payment processing in order to ensure secure and immediate payment in merchant and consumer sectors.

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Visa champions nationwide chip card education campaign

October 23, 2014

The company will work with public- and private-sector partners in an effort to educate merchants, policymakers, civic leaders and consumers about EMV.

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Brink's to revamp Netherlands ops after losing major customer

October 21, 2014

As it winds up its ATM servicing relationship with Rabobank, Brinks is contemplating the closure of three facilities and the downsizing of its workforce by…

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Study: The divergent paths of digital currency regulation

October 21, 2014

Authorities globally have taken a wide variety of positions on the regulation of digital currency, making it hard for payment industry players to provide…

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