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Debit / Credit News & Media

Three Washington credit unions sign on with Co-Op Network

January 11, 2006

ONTARIO, Calif. - Spokane Teachers Credit Union and Spokane City Credit Union, two long-time Co-Op Network members, have added debit processing to their list…

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EMV entrenches global card markets

January 9, 2006

ePaynews.com: EMV is rapidly gaining a presence in the global payment-card infrastructure. By mid-2005, 329 million EMV-compliant payment cards had been issued…

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FSS enables mutual-fund debit card launch in India

January 9, 2006

MUMBAI, India - Reliance Mutual Fund has launched the Reliance Any Time Money Card, making it India's first mutual fund to provide a debit card, according to a…

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Wincor World '06 highlights comprehensive banking, retail solutions

by Tracy Kitten — Editor, AMC

Innovation in system architecture is changing the way bankers do business. At Wincor World 2006, more than 70 Wincor partners from around the world will be in…

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Labry named to manage domestic merchant services for First Data

January 8, 2006

DENVER - First Data Corp. has named Ed Labry president of the company's prepaid services, according to a news release. Labry also is expected to assume…

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ICBC awards Axalto card-issuance project

January 5, 2006

AUSTIN, Texas - Axalto, which provides microprocessor cards, announced in a news release that its multiapplication smart card, Palmera, has been selected by…

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First Data names country manager for India

January 4, 2006

MUMBAI, India -First Data Corp. has named B. Amrish Rau country manager for international operations in India, according to a news release.

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The 'gray' areas of Triple DES

by

ATM deployers have had a difficult time determining just when their ATMs must be Triple DES compliant. From 2003 to 2004 to 2005, deadline extensions, regional…

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Pay By Touch goes on buying spree

December 27, 2005

The Green Sheet: Following $130 million of new financing in October 2005, Pay By Touch has been on a buying spree. Since October the company has purchased or…

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Skimming played role in Sam's card-data theft

December 27, 2005

ePaynews.com: Card-skimming devices attached to gas pumps may have facilitated the card security breach that was announced by Sam's Club in early December.

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MasterCard Canada sets 2010 EMV migration goal

December 27, 2005

ePaynews.com: MasterCard Canada is expected to start the rollout of EMV cards between 2007 and 2010. The estimated cost of the rollout - CAN $1 billion (U.S.

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Sagem Denmark acquires Finnish payment solutions provider

December 26, 2005

GLOSTRUP, Denmark - Sagem Denmark A/S has acquired Manison Maksujärjestelmät Oy (aka Manison), according to a news release.

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Asia Pay to set up Shanghai subsidiary

December 19, 2005

HONG KONG - Asia Payment Systems Inc. received all required approvals from the Shanghai authorities for the establishment of a wholly owned subsidiary, Asia…

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Metavante supports HSA strategy

December 19, 2005

MILWAUKEE - Metavante Corp. signed a deal with Wyomissing, Pa.-based Leesport Bank for a comprehensive health-savings account solution, according to a news…

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Avantra, PrePay Technologies partner to expand prepaid space

December 19, 2005

NORTH YORKSHIRE, England - Avantra, the trading division of Link Interchange Network Ltd. has formed a strategic alliance with PrePay Technologies, the United…

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JCB completes gateway agreement with China Union Pay

December 18, 2005

Japan's Corporate News Network: JCB's subsidiary, JCB International, signed an ATM gateway agreement with China Union Pay this month that will allow CUP…

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Fair Isaac signs deals with Fiserv, AON for CardAlert

December 18, 2005

MINNEAPOLIS - Fair Isaac Corp., a provider of analytics and decision technology, announced in a news release new agreements with Fiserv EFT and Alaska Option…

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Malaysian bank expects ATM users to increase 10%

December 15, 2005

The Edge Daily: Malaysia's Bank Simpanan National, which has joined the Malaysian Electronic Payment System Sdn Bhd's ATM network of 5,300 ATMs, expects to…

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Card-skimming at ATMs cost Irish banks $4 million in '05

December 12, 2005

Irish Examiner: Criminal gangs have used card-skimming devices to steal an estimated €3.5m (U.S. $4.17 million) from banks in Ireland this year, according to…

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Deutsche Bank launches ATM/debit card in India

December 12, 2005

Yahoo! News: Deutsche Bank launched its Gold Debit-cum-ATM Card in India Dec. 12. The bank is expected to break even in retail operations in India within the…

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