Tweet-storm directed at Visa points out perils of push to cashlessness

June 4, 2018

Visa made a compelling (and ironic) case for cash over the weekend, when the network when down over a large swath of Europe and the U.K. on Friday just before…

Payment card control app reaches milestone of 3K FIs served

May 29, 2018

Ondot Systems has reached the milestone of 3,000 financial institutions worldwide that now offer payment card controls via Ondot-powered mobile apps.

EmperorTech secures FCC, ICES certification for handheld card counter

May 23, 2018

EmperorTech Americas, a division of Shenzhen, China-based Emperor Global Resources LLC, has announced that the EMP1100C handheld card counter has been tested…

Can cash and digital payments coexist?

One clear conclusion we can make, based on recent trends in the financial services industry, is that the increasing prevalence of new transaction methods does…

St. Louis card processor deploys cash discount program

May 7, 2018

St. Louis Merchant Services, an independent credit card processing company serving small to mid-size businesses, has partnered with SignaPay Ltd. to offer that…

MasterCard, Idex pioneer DIY enrollment solution for biometric cards

May 3, 2018

Idex, a developer of advanced fingerprint solutions for mass markets, has worked with MasterCard to develop a remote self-enrollment solution for biometric…

EMV card issuance, transactions surpass 50 percent globally

April 20, 2018

By the end of 2017, 54.6 percent of all cards issued globally were EMV-enabled, and the number of EMV payment cards in circulation worldwide stood at 7.…

Gemalto contactless biometric Visa card to launch in Lebanon

April 17, 2018

Gemalto is supplying its Visa biometric contactless EMV bank card to areeba, a financial technology company that provides payment solutions in the Middle East.

US ATM users crave cardless cash access, M2M transfers

April 17, 2018

Cardless cash solutions for ATM withdrawals hold appeal for more than one-third of U.S. consumers (37 percent) and more than half of millennials, according to…

Crédit Agricole deploys TANGO LitePOS

Crédit Agricole, the largest retail bank in France has integrated the TANGO LitePOS solution into its global payment project in order to address payment…

PayPal offers FDIC-insured, ATM-enabled account option for un-, underbanked

April 10, 2018

With the addition of an ATM card that can be used at 25,000 U.S. ATMs, mobile check deposit (or direct deposit) and FDIC insurance for funds held in a PayPal…

Bankcard data of Sears, Kmart, Delta customers possibly stolen

April 5, 2018

Another day, another data breach to report. Three, actually. The card data of Sears, Kmart and Delta Air Lines customers may have been compromised in a…

Upscale stores socked with 2nd card data breach in 1 year

April 3, 2018

Toronto-based Hudson's Bay Company announced on Sunday that it had become aware of a data security issue involving customer payment card data at certain Saks…

UnionPay International pursues global growth with ACI

March 23, 2018

ACI Worldwide, a provider of real-time electronic payment and banking solutions, has formed a key strategic partnership with Shanghai-based bankcard company…

US ATM operators petition Visa to lift DCC prohibition

March 9, 2018

The National ATM Council has sent a formal public petition to Visa on behalf of consumers and the U.S. ATM industry seeking elimination of network rules that…

Online card payments to double by 2022

March 6, 2018

The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and…

Visa charts 70 percent drop in card present fraud post-EMV

February 28, 2018

Visa has published EMV chip card statistics for December, and they show that the technology has made major inroads since the company's first liability shift…

Wallet Card adds two-way communication between user, FI

February 26, 2018

Dynamics Inc. has introduced enhanced functionality for its connected Wallet Card that allows two-way communication between banks and cardholders via the…

Credit Europe Bank, JCB partner on ATM, POS acceptance

February 21, 2018

Credit Europe Bank Ltd., a Russian financial institution, has announced that it will begin to accept JCB Cards acceptance at the bank's ATM and…

Bill would set card purchase minimums at $10 in NYC

February 19, 2018

A pair of New York City Councilmen want to make it illegal for businesses to set credit card minimum purchase amounts above $10.