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Debit / Credit News & Media

NYCE processes 1st SafeDebit transaction

March 5, 2002

WOODCLIFF LAKE, N.J. -- NYCE Corporation announced the successful completion of the first Internet payment transactions made with the new SafeDebit card.

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Smart cards key to profitable customer relationships, VISA exec says

March 4, 2002

Malcolm Williamson, president and CEO of Visa International, urged banks to seize upon multi-function smart cards as a means to build closer customer…

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Smart card report shows consumer interest

March 4, 2002

WASHINGTON, D.C.-- A Smart Card Forum report suggests that consumers in the U.S. are so fascinated by smart card technology they would actually be willing to…

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American ATM Corp. to purchase part of SCI, S.A.

March 4, 2002

BOCA RATON, Fla.-- American ATM Corp. has entered into an agreement to purchase no less than 75 percent of Sistemas de Comercio Internet, S.A. of Costa Rica…

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GS Telecom pins hopes on smart card

March 4, 2002

GS Telecom has acquired intellectual property rights that will enable it to produce what it calls the ATTM Universal Card, according to Inter@ctive Week.The…

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AmEx licenses smart card framework

March 4, 2002

HONG KONG -- American Express is licensing its smart card multiple application framework to more than a dozen industry leaders. This represents a significant…

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ARCO to test smart cards

March 4, 2002

LOS ANGELES -- ARCO will launch a smart card payment trial later this year at a select number of ARCO service stations in southern California and Arizona.

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Consumers buy movie tickets in 'Force' via the Internet, online kiosks

March 4, 2002

ATLANTA -- On the opening day of the much awaited "Star Wars" prequel, moviegoers purchased a record number of movie tickets over the Internet and through…

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Amex signs ATM agreement with major Chinese bank

March 4, 2002

BEIJING -- American Express Travel Related Services Company Inc. has signed an agreement with the Industrial and Commercial Bank of China (ICBC) that will give…

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Singapore's public transport to use smart cards

February 28, 2002

SINGAPORE -- Five Singapore public transport operators, coveringbuses and the country's mass rapid transit (MRT) and light rapid transit (LRT) operations, will…

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ARKSYS signs ATM, credit card contracts

February 28, 2002

LITTLE ROCK, Ark. -- Oyak Bank of Istanbul, Turkey has licensed ARKSYS software to drive its ATMs as well as issue debit and credit cards, marking its entry…

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Wawa Food Markets chooses Concord EFS for processing

February 28, 2002

MEMPHIS, Tenn. -- Wawa Food Markets, owner of 500 convenience stores in Pennsylvania, New Jersey, Delaware, Maryland, and Virginia, has signed a multi-year…

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Visa survey: Travelers like their plastic

February 28, 2002

SAN FRANCISCO -- Forty-three percent of international travelers surveyed by Audits and Surveys Worldwide for Visa International can envision a future without…

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Greenlink, RBSA announce phone card, coupon capability

February 27, 2002

DALLAS -- Greenlink Technologies and RBSA on March 31 jointly announced the ability to print prepaid telephone cards and custom coupons from the RBSA data…

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Cash Technologies system will allow consumers to use ATM cards online

February 27, 2002

LOS ANGELES -- Cash Technologies, Inc.is introducing EMMA, an e-commerce transaction processing system -- along with iris identification products supplied by…

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Season of the glitch

Upgrades aren't easy -- just ask the folks at ACS and MCI. Thousands of ATMs were affected after the companies tweaked their technology.by Ann All, editor

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Fla. smart card trials don't make case for technology

February 27, 2002

ORLANDO, Fla. -- Two trials of smart cards in the Orlando area seem to indicate that Americans aren't yet ready for the technology.SunTrust Banks Inc., which…

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Cost of convenience

Do ATM surcharges and frozen pizza have anything in common? Sure, says CIBC, which recently launched a "white-label" network in Canada.by Kevin Gibson…

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Retailers seek $8.1 billion in debit card antitrust suit

February 27, 2002

NEW YORK -- Wal-Mart and other large U.S. retailers are seeking $8.1 billion in damages from Visa and MasterCard for alleged debit card antitrust violations…

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EBT moves toward standardization

February 27, 2002

WASHINGTON -- Electronic benefit transfer (EBT) cardholders could obtain groceries in every state under legislation that passed the House on Jan. 31 and goes…

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