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Bank / Credit Union News

Lighthouse 1, First Data, UMB partner

September 10, 2006

MINNEAPOLIS - Lighthouse1, provider of consumer-driven healthcare administration software, has signed an agreement with First Data Healthcare Services, a…

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Pan-European card payments move a step closer

September 10, 2006

BRUSSELS - The Euro Alliance of Payment Schemes has been established in Europe to give European cardholders and retailers card-payment and cash-withdrawal…

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ID Tech intros encrypting POS device

September 10, 2006

CYPRESS, Calif. - ID Tech announced in a news release the launch of its SecurePIN, an encrypting hand-held PIN-entry device for point-of-sale applications.

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Western Union, Banco Nacional de Mexico extend alliance

September 10, 2006

DENVER - Western Union Co., a subsidiary of First Data Corp., has extended its money-transfer agreement with Banco Nacional de Mexico, S.A., a subsidiary of…

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Biometrics in use at Whole Foods, Sunflower stores

September 7, 2006

The Columbus Dispatch: Whole Foods Market and Sunflower Market, are introducing biometrics pay-by-touch technology to central Ohio grocery shoppers. Using the…

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SafePay intros pre-paid Visa, PIN-based debit cards

September 7, 2006

Finextra: Reno, Nev.-based SafePay Solutions Inc. is launching a SafePay-branded prepaid Visa card for all United States-based SafePay members. It also is…

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Chow becomes NCR's chief technology officer

September 7, 2006

DAYTON, Ohio - NCR Corp. has named Alan Chow as its chief technology officer.

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Discover intros signature-debit program

September 6, 2006

RIVERWOODS, Ill. - Discover Financial Services LLC announced in a news release its launch of Discover Debit, the first new signature-debit program to be…

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First Data to provide solutions in China

September 6, 2006

SHANGHAI, China - First Data International, part of First Data Corp., announced in a news release that Cetelem Processing Services (Shanghai) Ltd. is expected…

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Australian bank inks deal with China Union Pay

September 6, 2006

News.com.au: National Australia Bank is teaming with China Union Pay to allow Chinese tourists in Australia to make EFT point-of-sale purchases and ATM…

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Chinese banks expected to charge fees for ATM account inquiries

September 6, 2006

China Knowledge: Chinese banks are expected to start charging bankcard holders for account inquiries made at ATMs not owned by the card-issuing bank. The fees…

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Asian banks join forces via China Union Pay

September 6, 2006

(Vietnam) Nhan Dan: Customers using China Union Pay cards in Vietnam are now able to make fee-free cash withdrawals at more than 300 ATMs under the Vietnam…

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Chinese woman files 19-cent suit over ATM fees

September 6, 2006

China Daily: A Shanghai woman has sued China Union Pay and three financial institutions - Bank of Communication, Industrial and Commercial Bank of China and…

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Discover, JCB join forces to spur card growth in Japan

by Valerie Killifer — senior editor, NetWorld Alliance

September 6, 2006

Discover broadens its international reach after inking a card partnership with Japan Credit Bureau.

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Diebold restructures international leadership team, consolidates EMEA operations

September 6, 2006

NORTH CANTON, Ohio - Diebold Inc. has selected James L. M. Chen and Joao Abud, Jr. to lead the company's Asia Pacific business operations, the company…

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ATM ISO Red Hawk sells out for $142 million

September 6, 2006

Rocky Mountain News: Greenwood Village, Colo.-based Red Hawk Industries, a bank-security company and leading ATM independent sales organization, has been…

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Diebold's fingerprint tech links consumer identities to accounts

September 6, 2006

NORTH CANTON, Ohio - Diebold Inc. on Sept. 6 announced the release of a new biometric-security solution that verifies accountholders' through fingerprint…

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PayPal banks on cell phones replacing ATMs

September 6, 2006

(Raleigh, N.C.) TWEAN Newschannel 14: Consumers can now leave their wallets at home and pay for things with their cell phones, thanks to new technology from…

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B of A sells Asian assets

September 5, 2006

Datamonitor: Bank of America is selling its Hong Kong-based retail and commercial franchise Bank of America (Asia) to Chinese Construction Bank for $1.2…

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CUcorp, Co-Op partner

September 5, 2006

ONTARIO, Calif. - CUcorp, a subsidiary of Northville Township, Mich.-based Michigan Credit Union League, and Co-Op Financial Services have entered into an…

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