News
UK bank regulators to investigate IT outages
April 1, 2014
British financial regulators have announced their intention to investigate the IT systems of U.K. FIs. This follows a number of high profile outages that have…
read nowCommittee finalizes recommendations for ATM security in India
April 1, 2014
Following the brutal attack last November by a machete-wielding robber on a woman using an ATM, the Indian banking system continues to investigate ways to make…
read nowSquare adds bitcoin acceptance to online marketplace
April 1, 2014
Square recently announced that merchants selling goods and services on its online marketplace, Square Market, can now accept bitcoin for payment, the mobile…
read nowBurroughs, Tidel tie up nationwide service agreement
April 1, 2014
Cash management systems provider Tidel has entered into a long term partnership with technology and services provider Burroughs to support the Tidel customer…
read nowBritish consumers nearly double their mobile banking transactions
April 1, 2014
British consumers last year moved away from conducting bank transactions at branches and nearly doubled their use of mobile banking channels, according to a…
read nowAcquirer Systems qualifies end-to-end D-PAS test solution
March 27, 2014
Dublin-based enterprise test and validation specialist Acquirer Systems has announced that its end-to-end certification solution has been qualified with…
read nowGlory extends UW series banknote sorter range
March 27, 2014
Cash management solutions provider Glory has introduced two new models in its UW range. The 12-pocket UW-700 and 16-pocket UW-800 address the needs of…
read nowPulse, Visa to share common AID
March 27, 2014
Visa Inc. and Pulse, a Discover Financial Services company, have signed an agreement that will allow FIs to issue EMV debit cards on both the Visa and Pulse…
read nowCollis test tool OK'd to simulate TCI test cards for JCB
March 27, 2014
UL has announced that its Collis Brand Test Tool has been qualified by JCB to simulate the terminal check for implementation test card (version 1.2). Acquirers…
read nowWincor, MEI ink banknote recycling system agreement
March 27, 2014
Wincor Nixdorf will use the MEI BNR banknote recycling system in its retail payment terminals, the company has announced.
read nowJumio creates Bitcoin security network
March 27, 2014
Jumio Inc., a credentials management tech company, today announced the formation of the Bitcoin Identity Security Open Network. Initial members of the network…
read nowInternational ATM skimming bust nets 13 alleged thieves in Chicago
March 26, 2014
The FBI on Tuesday arrested 13 individuals in Chicago on allegations that they participated in an international ATM skimming and money laundering operation…
read nowUS Bank e-payment kiosk lets businesses collect funds on the spot
March 26, 2014
A new e-payments kiosk service from U.S. Bank Global Treasury Management allows utilities, government entities, nonprofits and other businesses to collect…
read nowFlorida's No. 1 CU makes the move to ATM cash recycling
March 26, 2014
Expanding on a partnership that brought deposit automation to Suncoast Credit Union ATMs in 2005, the FI is now adding full cash recycling capacity with Opteva…
read nowIRS rules virtual currencies are property
March 26, 2014
The Internal Revenue Service Tuesday issued a notice that virtual currency is treated as property for U.S. federal tax purposes.
read nowEAST releases crime stats for European ATMs
March 25, 2014
The European ATM Security Team has published its first European Fraud Update for 2014. The update includes country crime data provided by representatives of 1…
read nowResearch: Strong growth continues in China's e-payments market
March 25, 2014
When the Chinese electronic payment market truly opens to international competition, international payment players are likely to find a relatively mature…
read nowNY legislator intros bill to mandate chip cards - but not readers
March 25, 2014
New York State Senator Martin J. Golden held a press conference last Friday to announce legislation he is sponsoring that would require card issuers to provide…
read nowECB says virtual currencies can't be ignored
March 25, 2014
Virtual currency schemes should not be ignored or dismissed as they continue to become more popular worldwide, a member of the European Central Bank's…
read nowVirtual currency exchange Vircurex suspends withdrawals
March 24, 2014
Beijing-based virtual currency exchange Vircurex suspended withdrawals Monday as it claimed it did not have the necessary reserves to fulfill customer…
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