News
Study examines prepaid card fraud and risk controls in the US
November 14, 2013
New research from Mercator Advisory Group examines fraud risk and best practice for fraud prevention in prepaid card programs. The report, "Prepaid Card Fraud…
read nowATM withdrawals in S Africa ho-hum before the holidays
November 14, 2013
Spark Cash Index statistics for October indicate that consumers have been holding off spending before the holiday buying season. The SCI, which measures the…
read nowWant to control your ATM card use? There's an app for that
November 14, 2013
In financial services, the consumer's No.1 expectation is to be in control. Particularly, consumers want to know that they can get to their money any time they…
read nowBofA anticipates biometric ID with ATM security patent application
November 13, 2013
Bank of America has applied for an ATM patent (U.S. Patent Application No. 20130264384) that would connect the ATM to external authentication capabilities such…
read nowNebraska's largest CU aims to get bigger faster
November 13, 2013
SAC Federal Credit Union of Bellevue, Neb., has grown its assets by an annual average rate of 16 percent over the last three years to become Nebraska's largest…
read nowGPRs less costly than DDAs as primary payment tool
November 13, 2013
The majority of consumers who use a prepaid debit card to manage their finances do so for less than $7.50 per month, which represents a cost savings over a…
read nowColumbus Data Services acquires USA Payment Systems
November 13, 2013
Dallas-based Columbus Data Services, a third-party ATM processor, announced today that it has acquired Houston-based processor USA Payment Systems.
read nowFIME ready to test D-PAS contactless chip cards
November 12, 2013
Secure-chip testing provider FIME has established testing infrastructure and conducted laboratory test services for the Discover contactless D-Payment…
read nowDiebold calls on Infosys, Oracle to help streamline operations
November 12, 2013
In an effort to streamline service, supply chain management and financial operations processes, Diebold Inc. has partnered with Infosys and Oracle for the…
read nowBitcoin called to testify before Senate committee
November 12, 2013
A Bitcoin Foundation board member will testify about the future of virtual currencies in a Nov. 18 hearing by the Senate Homeland Security & Governmental…
read nowArkansas bank beats EFTA suit
November 12, 2013
A lawsuit against Arkansas-based Union Bank & Trust of Monticello over a missing ATM fee placard was dismissed by a U.S. District Court last week.
read nowCash recycling ATMs catch on at UniCredit
November 11, 2013
UniCredit, a Milan, Italy-based banking and financial services company with more than 9,000 branches, is adding cash recycling capabilities to the ATM fleet at…
read nowEMVCo qualifies Collis CPA/CCD level 2 test suites
November 11, 2013
EMVCo has certified the latest versions of the Collis CPA/CCD Level 2 Test Suites for the testing of card products. The tools are part of the UL EMVCo test…
read nowRevised PCI regs to go live on Jan. 1, 2014
November 11, 2013
The PCI Security Standards Council, an open, global forum for the development of payment card security standards, has published version 3.0 of the PCI Data…
read nowBurroughs, GetBranded partner on branding installation venture
November 8, 2013
GetBranded.com, a branding solutions provider, and Burroughs, an ATM maintenance and support provider, have teamed up to provide nationwide ATM and kiosk…
read nowIndependent review firm names '10 best EMV compliance consultants' for November
November 8, 2013
Topcreditcardprocessors.com has ranked the 10 best EMV compliance consulting firms for the month of November. Each month, the payment processor review firm…
read nowBitcoin ATM does $100K in transactions in 1st 8 days
November 8, 2013
Two weeks ago, the first Bitcoin ATM went live in Vancouver, Canada. So far, traffic at the machine is encouraging to the ATM's maker, Robocoin.
read nowWincor World 2014 to focus on branch processes, customer experience
November 8, 2013
Today, the financial services market is dealing with the question of how to implement improved customer service while optimizing the cost position for the bank…
read nowStudy: US prepaid card market forecast for 2013-2016
November 8, 2013
Growth in the prepaid card industry has slowed and may remain depressed, by comparison with past years, due to ongoing economic turmoil and increased…
read nowCommunity banks embracing branch reinvention, too
November 7, 2013
Major U.S. banks have been engaged in branch reinvention for a few years. Now smaller players are beginning to embrace the trend, as well.
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