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Debit / Credit News & Media

Check 21 implementation finds its stride

by Valerie Killifer — senior editor, NetWorld Alliance

Initiative gains acceptance as more banks move toward imaging technology.

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Merchants seek congressional action on interchange fees

July 26, 2006

The Senate Judiciary Committee July 19 heard from representatives on both sides of the interchange debate.

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Citibank card service expected to garner attention in Malaysia

July 26, 2006

Bernama: Malaysia's Citibank Bhd expects 200,000 of its credit cardholders over the next three years to sign up for its new card protection service. The bank…

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Fiserv's reports strong 2Q, net income improves 3% from '05

July 26, 2006

BROOKFIELD, Wis. - Fiserv Inc. reported a 10-percent revenue increase for the second quarter of 2006, from $996.4 million in 2005 to $1 billion. Net income for…

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Immersion touchscreen system gives tactile feedback

July 25, 2006

SAN JOSE, Calif. - Immersion Corp., developer and licensor of touch-feedback technology, is now shipping its TouchSense System - the next generation of its…

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GRG celebrates 18 years in ATM industry

July 24, 2006

GUANGZHOU, China - GRG Banking Equipment Co. Ltd. in July commemorated 18 years in the ATM industry, the company announced in a news release.

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Banco Popular North America, First Data sign alliance

July 24, 2006

DENVER - First Data Corp. and Banco Popular North America have signed a new revenue-sharing alliance agreement.

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Asia Pay to buy Global Uplink Communications

July 24, 2006

HONG KONG - Asia Payment Systems Inc. has signed an agreement to acquire Guangzhou, China-based Global Uplink Communications Ltd.

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EMC's acquisition of RSA could change info security

July 24, 2006

Digital Transactions: Companies that dominate e-storage typically have had little or no presence in the information-security industry, and vice-versa. But…

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Debit-card use is on the rise

July 23, 2006

Newsweek: One-third of all consumer purchases in the United States are now made through debit cards - a 50 percent increase in only seven years. The use of…

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VisionSky Corp. to acquire ATM portfolios

July 19, 2006

CALGARY, Alberta - VisionSky Corp. and its wholly owned limited partnership, Transdirect LP, are entering into asset purchase agreements to acquire three…

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Chase buys stake in MasterCard

July 19, 2006

NEW YORK - JPMorgan Chase & Co., the largest shareholder of MasterCard International, reported that it has sold more than half of its Class B shares back…

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Texas credit union orders NCR image-enabled ATMs

July 19, 2006

DAYTON, Ohio - The Richardson, Texas-based Texans Credit Union has ordered 12 image-enabled ATMs from NCR Corp.

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Smart Card Alliance seeks nominations for annual awards

July 19, 2006

PRINCETON JUNCTION, N.J. - The Smart Card Alliance is accepting nominations for its annual "Outstanding Smart Card Achievement" awards, which recognize…

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Micropayments at a tipping point

July 18, 2006

ePaynews: POS-initiated payments of $5 or less are near a tipping point, a recent paper by the Federal Reserve Bank of Philadelphia states. Payment cards…

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Fiserv acquires The Jerome Group

July 17, 2006

BROOKFIELD, Wis. - Fiserv Inc. has acquired The Jerome Group LLC, which provides digital-print and full-service direct marketing to industries such as…

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Ohio Bankers League selects Elan for ATM, debit and credit

July 16, 2006

ST. PAUL, Minn. - The Ohio Bankers League, through its products and services subsidiary known as FISCo, has selected Elan Financial Services for ATM, debit and…

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Banks, credit unions enter remittance market game

July 16, 2006

San Francisco Chronicle: Bank of America, Wells Fargo, Citibank and a number of credit unions in the United States are beginning to offer transfer remittance…

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Banks reconsider ATM fees

July 16, 2006

Pittsburgh Tribune-Review: Many banking and nonbanking institutions in the United States are adopting a free-use attitude when it comes to their ATMs. PNC…

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NCR ATM makes London debut

July 16, 2006

LONDON – An NCR Corp. ATM will make its Off-West End debut July 17-23 as part of the U.K. premier of "Love Counts," an operatic love story, at the Almeida…

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