MerchantOnline.com joins e-payment pilot

February 27, 2002

BOCA RATON, Fla. -- MerchantOnline.com, a processor of Internet e-commerce transactions, is the newest member of an industry group tasked to create industry…

Anti-surcharge proposal struggles in Illinois

February 27, 2002

SPRINGFIELD, Ill. -- A bill that would ban ATM surcharges in Illinois may fail to make it out of a state House committee for the second time in as many years…

DataWave, Lipman USA to form joint venture

February 27, 2002

VANCOUVER, British Columbia -- DataWave Systems Inc. and Lipman USA have signed a Memorandum of Understanding to form a joint venture to develop and market ATM…

Greenland's check-cashing machines in Wal Mart test

February 27, 2002

OCEANSIDE, Calif. -- Greenland Corporation, a provider of automated financial services machines that can provide payroll check-cashing, payday advances, ATM…

Visa changes fraud policy

February 27, 2002

SAN FRANCISCO -- Visa U.S.A. has approved a new operating regulation designed to further protect Visa cardholders against losses from credit or debit card…

Merchants in debit lawsuit get class-action status

February 27, 2002

NEW YORK -- U.S. District Judge John Gleeson granted class-action status to several of the nation's largest retailers and smaller merchants involved in an $8.…

First American Payment Systems buys 75 ATMs from Amex

February 27, 2002

FORT WORTH, Texas -- First American Payment Systems, Inc. ,a privately-owned corporation that provides electronic credit card authorization and payment systems…

Calif. court backs injunction on ATM fee bans

February 27, 2002

SAN FRANCISCO -- A federal appeals court on March 31 upheld a preliminary injunction which has blocked new municipal California laws designed to stop banks…

OCC files brief in N.J. surcharge case

February 27, 2002

NEWARK, N.J. -- The Office of the Comptroller of the Currency filed a brief in support of the banking industry in its challenge of Woodbridge, N.J.'s ATM…

Mag-Tek earns contract to supply card readers for hotel kiosks

February 27, 2002

CARSON, Calif. -- Mag-Tek, a check and card reader manufacturer since 1972, secured a contract with kiosk manufacturer InnTouch U.K. Ltd. to supply insertion…

ARKSYS gets Central American contract

February 26, 2002

LITTLE ROCK, Ark. -- ARKSYS announced an agreement with Banco Atlantida of Tegucigalpa, Honduras to manage the bank's network of ATMs, its database of debit…

MasterCard buys Bank One debit processing switch

February 26, 2002

ST. LOUIS, MO -- MasterCard has purchased the debit processing switch previously operated by Bank One Corporation, as a step on the road to its vision of…

First Data marks record debit card volume

February 26, 2002

OMAHA, Neb. -- Over 745 million debit card transactions were processed by First Data Corporation's card services division in 1998 -- a 55 percent increase in…

Philips, IBM developing multi-function smart cards

February 26, 2002

Philips Semiconductors and IBM Research are planning to jointly develop multi-function smart cards for applications with high security demands, such as…

Australian punters bet with smart cards

February 26, 2002

SYDNEY, AUSTRALIA -- New South Wales punters will soon be able to place bets using a smart card at terminals similar to ATMs, reports the AAP newswire.Warren…

Oberthur Smart Card opens L.A. plant

February 26, 2002

LOS ANGELES -- Oberthur Smart Cards, a manufacturer of micro-processor, magnetic stripe and memory cards worldwide, is expanding its North American presence by…

Directo appoints executive VP

February 26, 2002

ATLANTA -- Former Georgia Secretary of State Lewis Massey, the recently named president and CEO of Directo, Inc., announced the appointment of James J. Segars…

Unbanked Hispanics proving to be a tough debit sell

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February 26, 2002

The Hispanic population in the U.S. represents a huge untapped market for banks, but many in this growing ethnic group prefer cash to cards. 

NetPack Inc. card to offer POS Internet access

February 25, 2002

COSTA MESA, Calif. -- NetPack Inc. (www.netpackage.com) announced plans to release its "First Internet Access Card" by early summer. Similar to a pre-paid…

Global Cash Access rolls out POS debit terminal

February 25, 2002

SUNNYVALE, Calif.-- Global Cash Access, the country's largest provider of cash access services to casinos, is preparing a first quarter 1999 roll-out of…