Debit / Credit News & Media
More fast-food eateries adding debit to menus
January 14, 2003
INDIANAPOLIS, Ind. -- Indianapolis-based Steak n Shake is among a growing group of fast-food eateries -- including McDonald's, Burger King and Wendy's -…
read nowVisa, MasterCard want judge to dismiss merchants' debit case
January 12, 2003
NEW YORK -- Visa USA and MasterCard International on Jan. 10 asked a judge to throw out a lawsuit alleging the card companies conspired to monopolize the…
read nowAsia-Pac is leading EMV adoption
January 9, 2003
KUALA LUMPUR, Malaysia -- Asia-Pacific is leading the way in migration to Europay-MasterCard-Visa (EMV) chip cards, according to a report in e-media.
read nowChina nears 470 million mark in bank cards issued
December 11, 2002
SHANGHAI -- China's banking sector has issued 469 million bank cards since first issued in 1985, according to AsiaPulse.
read nowMcDonald's picks Concord EFS for card processing
December 9, 2002
MEMPHIS, Tenn. -- Fast-food giant McDonald's has selected Concord EFS Inc. (NYSE: CE) to provide credit and debit card processing for its company-owned…
read nowVisa to launch rewards program for signature debit
December 3, 2002
SAN FRANCISCO -- Visa USA is launching a program in 2003 to boost signature-based usage of its debit cards by rewarding customers with free dinners, video…
read nowFiserv to buy EDS' CNS unit for $320 million cash
November 17, 2002
BROOKFIELD, Wis. & PLANO, Texas -- Fiserv, Inc. (Nasdaq: FISV) and EDS Corp. (NYSE: EDS) today announced a definitive agreement under which it will acquire…
read nowNYCE, PayCast to offer real-time money transfers
November 14, 2002
WOODCLIFF LAKE, N.J. AND HOUSTON -- NYCE Corporation announced it will offer real-time money transfers to its 2,200 financial-institution members via a…
read nowEuronet launches PaySpot phone recharge service in U.S.
November 13, 2002
LEAWOOD, Kan. -- Secure electronic financial transaction provider Euronet Worldwide Inc. (Nasdaq: EEFT) has announced the launch of PaySpot, its U.S.-based…
read nowATM/debit card usage rises in Hungary
September 2, 2002
BUDAPEST -- In the first quarter of this year, 46 percent of Hungarians over age 15 had a bank card as compared to 40 percent a year ago, according to a…
read nowStudy assesses impact of fees on debit transactions
August 13, 2002
HOUSTON -- A national study reveals that almost three-quarters of all U.S. financial institutions do not charge their debit cardholders any fees for processing…
read nowPayment consortium endorses Triple DES specifications
July 23, 2002
WESTON, Fla. -- A consortium of electronic payments industry suppliers is proposing the first global interoperable method for Triple DES session key…
read nowBank directing customers to ATMs with payroll cards
July 23, 2002
ST. LOUIS -- St. Louis-based First Banks Inc. is sending more customers to the ATM lines as it expects to distribute nearly 500,000 new MasterCard Payroll…
read nowSupreme Court rejects Visa, MasterCard appeal in debit case
June 9, 2002
WASHINGTON -- The U.S. Supreme Court on June 10 rejected an appeal by Visa U.S.A. and MasterCard of a ruling that made 4 million retailers part of an antitrust…
read nowMosaic intros card management system
June 6, 2002
DEERFIELD BEACH, Fla. and LONDON -- Mosaic Software has launched PostCard, a debit card management and issuer services system that will allow Mosaic customers…
read nowDavidson to lead newest Genpass business
June 5, 2002
FORT WASHINGTON, Pa. -- Genpass Inc. has appointed Peter B. Davidson, the former president of EFT consulting firm Speer & Associates, as president of…
read nowVisa, SK Telecom partnering on wireless mobile payment solution
May 22, 2002
SINGAPORE -- Visa International and SK Telecom (SKT) have signed an agreement to implement wireless payments that incorporate smart cards and infrared…
read nowGlobal Cash Access blocks EBTs at casinos
April 24, 2002
LAS VEGAS -- Global Cash Access (GCA) is allowing states to block access to its ATMs at more than 1,000 casinos in an effort to keep individuals from using…
read nowMC, Visa, Europay publish joint smart card specification
April 16, 2002
WATERLOO, Belgium -- EMVCo, the smart card standards organization created by Europay, MasterCard and Visa, has published a jointly-developed specification on…
read nowNew UTM device eases ATM card use on Internet
March 21, 2002
SEATTLE, Wash. -- By Christmas, ATM cardholders may find their holiday payment options open up with the new UTM Machine.Introduced recently by UTM Systems…
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