CUs, community FIs rolling forward with EMV rollout plans

February 7, 2014

Payments processor The Members Group recently conducted a survey among 43 FIs and found that more than half of them would like to start an EMV project within…

Cardtronics acquires Automated Financial

February 7, 2014

Cardtronics continues to grow through acquisition. The company announced this week that its U.S. fleet now stands at 66,400 ATMs with the purchase of another…

The paddle-up ATM: Who knew?

February 7, 2014

Report: Most companies that accept cards fail PCI standards

February 6, 2014

A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard , fail…

Target puts EMV migration on fast forward

February 5, 2014

This week, Target Corp. called for all stakeholders to take up the "shared responsibility" of payments security as it announced an accelerated timeline for its…

Kansas bank embraces universal teller concept

February 5, 2014

Leawood, Kan.-based Alterra Bank has made the move from a traditional teller line format to a universal banker approach that allows staff and customers to…

Mobile startup seeks to turn businesses into ATMs

February 5, 2014

A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and…

Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

Department of Homeland Security taps FIS for cybersecurity research

February 4, 2014

Banking and payments technology provider FIS has reached an agreement with the Department of Homeland Security under which the company will serve as a…

Canada's Parliament mulls 50 cent off-us fee cap

February 4, 2014

It shouldn't cost Canadians as much as $3 to get access to their own money at a cash machine, a member of Canada's Opposition party asserts. The party wants to…

London transport authority ends cash payment for bus fares

February 3, 2014

According to Transport for London, the 1 percent of Londoners who pay bus fares with cash cost the city 24 million pounds ($39.15 million) per year. So, the…

Independent review firm names '10 best EMV compliance consultants' for February

February 3, 2014

Topcreditcardprocessors.com has ranked the 10 best EMV compliance consulting firms for the month of February. Each month, the payment processor review firm…

Cash management solution promises improved cost-efficiency

February 3, 2014

Operators typically overload ATMs with cash to the point where associated costs account for up to 60 percent of all operating costs, according to financial…

Interswitch brings cardless mobile ATM withdrawals to Nigeria

January 31, 2014

The African payments company Interswitch Transnational has added cardless ATM withdrawals for mobile money users to its Quickteller service. Quickteller allows…

OKI enters Indian market

January 30, 2014

With the delivery this week of an order of ATM-Recycler G7s to the State Bank of India, Japanese manufacturer OKI has achieved its stated objective of entering…

Card data from Target breach used in counterfeit card spending spree

January 30, 2014

A Mexican man and woman arrested early this week on charges of credit- and debit-card fraud were carrying 100 counterfeit cards striped with data stolen in the…

ATM emulation speeds testing for software app developer

January 30, 2014

Software Group, a Bulgarian provider of end-to-end software solutions and services for FIs, is using two solutions from Paragon Application Systems that allow…

Two-vendor solution helps ensure uptime at rural Italian ATMs

January 29, 2014

NCR Corp. and INETCO Systems Ltd. are working in partnership with Sinergia, an Italian provider of centralized ATM network infrastructure, to improve the speed…

FBI will cash out Bitcoin cache

January 29, 2014

Last fall the FBI shut down the notorious Silk Road black market website, arrested its founder for money laundering (among other charges), and confiscated the…

New B-Pesa card scheme backed by UnionPay ATM network

January 29, 2014

Smart Banking Solutions Ltd., a Tanzania-based provider of hardware and software solutions for FIs and telecoms, has introduced the first prepaid card in the…