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Debit / Credit News & Media

EFTA event to examine impact of debit settlements

August 24, 2003

HERNDON, Va. -- The Electronic Funds Transfer Association (EFTA), a trade group for the electronic payments industry, will host a one-day conference focusing…

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Co-Op Network white paper examines possible effects of debit settlement

August 20, 2003

ONTARIO, Calif. -- In light of the recent out-of-court settlement in the merchants' lawsuits against MasterCard and Visa, the Co-Op Network has issued a white…

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Some Minnesota child support recipients opt for prepaid card

August 17, 2003

MINNEAPOLIS, Minn. -- About 7,000 Minnesota recipients of child support payments have elected to have their monthly payments credited to a Visa-branded debit…

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S2 Systems partners with PEMCO to drive ATMs

August 12, 2003

DALLAS, Tex., and MAYNARD, Mass. -- Transaction processor S2 Systems, Inc. has announced a partnership with PEMCO Technology Services, Inc. (PTSI) to drive its…

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Malaysian economist predicts bigger payment role for banks with intro of chip card

July 27, 2003

KUALA LUMPUR, Malaysia -- The introduction of BankCard, a chip-based, multi-purpose payment card that includes ATM, debit and e-cash functions, will likely…

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In India, most use debit as 'glorified ATM card'

July 13, 2003

MUMBAI, India -- In a bid to boost debit and credit card usage in India, iissuers, acquirers and transaction companies are offering discounts and prizes to…

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Human touch at the ATM -- without the human

NCR's Advanced Solutions team believes that avatars, or 'virtual humans,' can be used to help guide users through new and more complex transactions.

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New ATM security regs PIN it on the pad

In the past, ATM vendors didn't pay much attention to the PIN pad. That's all changed, however, due to increased concerns over PIN security and the approaching…

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Malaysia hopes to drive more debit with chip cards

June 4, 2003

KUALA LUMPUR, Malaysia -- The Malaysia Electronic Payment System Sdn Bhd (MEPS) plans to include MEPS Cash and e-Debit applications in all 50,000 of its…

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Gaming authority nixes idea of debit cards at slots -- for now

May 26, 2003

LAS VEGAS -- The Nevada Gaming Commission on May 22 blocked a plan to equip slot machines with card readers, saying the issue required further study and raised…

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A day in the life of an ATM service technician

What makes an ATM service technician tick? Our editor tags along on an ATM installation in an effort to find out.

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Star survey shows consumers like idea of debit for small purchases

May 20, 2003

MAITLAND, Fla. -- A recent nationwide consumer survey conducted by Star Systems, a Concord EFS company, shows that consumers are interested in making small…

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ISOs getting brand conscious

When it comes to ATMs, ISOs and financial institutions generally take separate paths. Profit drives ISO programs, while customer service is the main motivation…

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ATM wraps redux?

Is it the right time to revive the ATM advertising wrap? A New York media company thinks so. The company, Alternative Display Systems, has filled a database…

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Fifth-grade honor student expects patent for card idea

May 7, 2003

BROOKLANDVILLE, Md. -- Eleven-year-old honor student Scott Barnhill intends to patent his idea for a so-called "Security One Card," which the fifth grader…

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ATMIA launches new chapters

The ATM Industry Association wants to have a presence anywhere ATMs are found. The ATMIA already has chapters in North America, Europe, Africa and…

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CashWorks adds prepaid card to product offerings

May 4, 2003

DALLAS -- CashWorks, Inc., a provider of technology solutions for the non-bank financial services industry, has launched a prepaid debit card that allows the…

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charityATM makes it easy for ATM deployers to give

While the ATM industry is not generally noted for its warm and fuzzy mentality, Robert Greene of charityATM thinks deployers can feel good about themselves -…

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Visa settles in debit case

April 30, 2003

NEW YORK -- Visa USA Inc. agreed on April 30 to pay retailers $2 billion to settle a lawsuit over debit-card fees, according to a Wall Street Journal report.

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Visa in talks to settle with retailers over interchange

April 29, 2003

NEW YORK -- Before the dust had settled from MasterCard International's surprise settlement with merchants in a high-profile case over debit fees, the New York…

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