Debit / Credit News & Media
Citibank intros debit scholarship card in Poland
March 13, 2006
NEW YORK - Citibank's Polish division, Citibank Handlowy, launched the first debit scholarship card in Poland using Card Tech Ltd.'s prepaid technology.
read nowCard associations push for low-dollar card payments
March 9, 2006
ePaynews: Contactless payments in the United States are finding synergies with new self-service technologies and the card associations' moves to push…
read nowSaudi FI signs ATM software deal with Level Four
March 8, 2006
LONDON - Saudi Arabia's Al Rajhi Bank selected Level Four Software, a provider of open standards-based ATM testing and development software, to introduce…
read nowSam's Club says cards not compromised inside stores
March 8, 2006
BENTONVILLE, Ark. - In a news release issued last week, Sam's Club denied allegations that its customers' accounts had been compromised after making…
read nowNational City replaces ATM cards after security breach
March 8, 2006
(Pittsburgh) Post-Gazette: A security breach has forced National City Bank to reissue an unspecified number of customers' Visa-branded ATM/debit cards.
read nowKohl's sells credit-card business
March 8, 2006
MarketWatch: Kohl's Corp. sold its credit-card operations to J.P. Morgan Chase for about $1.5 billion and is expected to apply the sale's proceeds toward a…
read nowFirst Data selected by Romanian company for processing services
March 8, 2006
BUCHAREST, Romania - First Data International, part of First Data Corp. announced in a news release that Credisson International will use First Data to provide…
read nowCitibank responds to ATM fraud concerns
March 6, 2006
SecurityFocus: A post on blogger Web site Boing Boing suggesting that Citibank may be battling a new ATM fraud issue has garnered some attention. Citibank said…
read nowRESEARCH: Putting identity theft into perspective
March 5, 2006
EMV cards provide consumers secure POS payments and ATM cash withdrawals. Now one expert explores the role EMV cards could play elsewhere in ensuring consumer…
read nowEMV standards could slow compliance with 2010 SEPA deadline
March 5, 2006
ePaynews.com: Interoperability issues between EMV-based card terminals and bank acquirers' host systems are predicted as the SEPA deadline of 2010 nears. Under…
read nowSTUDY: Cash use declines to card use in U.S.
March 2, 2006
WASHINGTON - Cash use in the United States is declining, according to the 2005-2006 Study of Consumer Payment Preferences - a nationwide consumer…
read nowSystech gets First Data certification for network payments
February 28, 2006
SAN DIEGO - Systech Corp' s IPG/7000 family of dial-to-IP converters has been certified with Verifone Ruby point-of-sale systems on the First Data Atlanta…
read nowWHITE PAPER: Device Integration in an Open Systems World
February 27, 2006
Financial-services devices remain specialized, requiring special drivers and handling to integrate well with branch automation and self-service solutions. But…
read nowFTC puts CardSystems security breach to rest
February 27, 2006
Digital Transactions: The Federal Trade Commission announced Feb. 23 a proposed settlement with the successor to CardSystems Solutions Inc., the merchant…
read nowFSS launches managed services center
February 26, 2006
MUMBAI, India - Financial Software & Systems Ltd. announced in a news release the launch of its FSSNeT Managed Services Centre in Mumbai.
read nowRBS to road-test contactless card
February 26, 2006
EFMA: The Royal Bank of Scotland is expected to road-test Mastercard's PayPass contactless debit card in Europe this summer. Mastercard wants to convince…
read nowFastLane network offers issuing to merchants, ISOs
February 23, 2006
BOULDER, Colo. - Payment network FastLane is now offering merchants and independent sales organizations a revenue stream from the issuing side.
read nowFirst Data provides merchant solutions to HSBC
February 23, 2006
DUBLIN, Ireland - First Data Corp. signed a three-year global merchant-processing agreement between its affiliate OmniPay, an international merchant-acquiring…
read noweFunds hits 52-week high, earnings up 23 percent
February 22, 2006
The Arizona Republic: eFunds logged a 23 percent earnings jump during the fourth quarter of 2005, which ended Dec. 31. The payments-processing, outsourcing and…
read nowAsia Pay to acquire InterPay International
February 21, 2006
HONG KONG - Asia Payment Systems Inc. is expected to buy strategic partner InterPay International Group Ltd.
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