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Debit / Credit News & Media

Online banking, ATM-use grows in Pakistan

April 24, 2006

(Pakistan) Daily Times: Pakistan's commercial banks have registered a growth of 45 percent in online banking for the second quarter of fiscal year 2005-2006…

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Visa tells ISOs it plans to be more 'responsive'

April 24, 2006

Digital Transactions: Speaking to an audience of merchant processors, acquirers and independent sales organizations at last week's Electronic Transactions…

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Money Network, Wal-Mart launch no-fee option for check-cashing

April 24, 2006

MEMPHIS, Tenn. - First Data Corp.'s Money Network and Wal-Mart Stores Inc. have teamed to offer a no-fee paycard check-cashing option at more than 3,00…

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An insider's look ... from Palm Desert, Calif.

by Tracy Kitten — Editor, AMC

Palm Desert National Bank invited 50 partners to California last week to discuss the changing ATM and financial services world.

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Debitman's new CEO stresses more merchants, issuers, products

April 23, 2006

Digital Transactions: Debitman Card Inc.'s new chief executive sees no significant strategic changes ahead for the PIN debit network, though he says some new…

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Debit overtakes cash in U.K.

April 20, 2006

ePaynews: In the United Kingdom, debit card use outgrew cash use for the first time in 2005. Debit card use took a 37 percent share of the total and rose by 1…

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Thales releases retail-focused card-payment interface

April 20, 2006

BAD HERSFELD, Germany - Thales e-Transactions, an integrated payment software provider that works with self-checkout systems, announced the release of…

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Fed won't set interchange fees

April 20, 2006

WASHINGTON - The Federal Reserve said last week it won't intervene in the growing market of card interchange fees, now as much as $30 billion a year.

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ACI develops payments system for SEPA

April 18, 2006

OMAHA, Neb. - ACI Worldwide announced in a news release the launch of the ACI Wholesale Payments System for SEPA, a global payments processing engine that…

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Visa sees more potential for mag-stripe than contactless

April 18, 2006

Digital Transactions: Visa USA's program announcement to foster card transactions in the growing category of small-value payments would, at first blush, seem…

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Wal-Mart bank approval will hurt independent bankers, analysts say

April 12, 2006

CNN Money: In ongoing hearings before regulators in Washington this week, Wal-Mart executives pledged that the discounter has no interest in opening…

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FastLane to exhibit at ETA

April 12, 2006

BOULDER, Colo. - FastLane One Swipe technology will officially launch April 18 at the Electronic Transactions Association in Las Vegas, the company announced…

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PIN debit has advantages over signature

April 12, 2006

ePaynews: Debit-card use continues to grow in the United States, with the Star network reporting that 2005 debit purchases were 32 percent higher than cash and…

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Discover expands ATM card acceptance through Pulse

April 11, 2006

RIVERWOODS, Ill. - Discover Financial Services LLC's cards are now accepted at ATMs on the Pulse network.

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Info Touch changes name to Tio Networks

April 11, 2006

BURNABY, British Columbia - Info Touch Technologies Corp., which owns the Tio financial services network, has changed its name to Tio Networks Corp., according…

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SEPA impacts card markets in France, Spain

April 11, 2006

ePaynews: France is one of Europe's most mature card markets, and was the first to deploy chip cards on a wide scale. But as the single euro payments area…

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New merchants to fuel contactless growth in North America

April 11, 2006

Digital Transactions: Shipments of contactless-payment transponders - the cards, keyfobs and other devices consumers use to make radio-wave payments at the…

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Latin America's card markets nearing maturity

April 10, 2006

ePaynews: Latin America's card-payment systems are nearing maturity, as are the economies of scale necessary for sustained growth, as POS terminal penetration…

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Visa Europe expected to pilot contactless payments

April 10, 2006

ePaynews: During 2006, Visa Europe expects to pilot contactless payments in several EMV card-using countries, including the United Kingdom, to leverage EMV…

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Bank of New Zealand caught in cross-border ATM fraud

April 10, 2006

Finextra: Cards skimmed from Bank of New Zealand ATMs have been used by criminals in Toronto to steal N.Z. $49,000 (U.S. $29,890) from customer accounts in an…

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