November SpendTrend analysis shows hike in prepaid use

December 13, 2013

First Data Corp. SpendTrend analysis for Oct. 31 through Dec. 2. charted a dollar volume growth of 4.4 percent — a downturn from October growth of 6.8 percent.

Study confirms post-Durbin effects on debit card use

December 12, 2013

Debit card penetration in the United States has fallen from a high of 68 percent in 2011 to a low of 59 percent in 2013. A study from Mercator Advisory Group…

WorldPay achieves Discover EMV certification

December 3, 2013

Payments acquirer WorldPay US has successfully completed EMV certification requirements for the Discover network. This completes the company's certification…

EMV transition creates card customization opportunities for FIs

November 26, 2013

The deployment of EMV technology in the United States will mean major changes for the payments marketplace. According to Italy's TAS Group, it will also create…

Indian FIs offered an EMV alternative

November 26, 2013

The Reserve Bank of India has notified the country's banks that they may choose between issuing EMV chip-enabled bankcards or adopting biometric identification…

Covera, EFT Source to provide instant issuance solution to CUs

November 20, 2013

EFT Source Inc., a provider of turnkey card programs for ATM and debit cards for financial institutions, and Covera, a provider of debit, credit and ATM…

Study: 250M cards will be used for contactless payments in 2014

November 20, 2013

Will consumers expect to make contactless transactions at the ATM sometime soon? A new report from Juniper Research seems to suggest that they might.

China's FIs issue 1M ATM cards daily

by Terry Dooley — SVP & CIO, ITS, Inc

New data from consulting firm Retail Banking Research projects that the installed base of global ATMs will grow by 44 percent between 2012 and 2018.

GPRs less costly than DDAs as primary payment tool

November 13, 2013

The majority of consumers who use a prepaid debit card to manage their finances do so for less than $7.50 per month, which represents a cost savings over a…

FIME ready to test D-PAS contactless chip cards

November 12, 2013

Secure-chip testing provider FIME has established testing infrastructure and conducted laboratory test services for the Discover contactless D-Payment…

EMVCo qualifies Collis CPA/CCD level 2 test suites

November 11, 2013

EMVCo has certified the latest versions of the Collis CPA/CCD Level 2 Test Suites for the testing of card products. The tools are part of the UL EMVCo test…

From Russia with love

by Todd Nuttall — CEO of Better ATM Services, Better ATM Services

Leo Tolstoy had it right. A century after his death, I find myself marveling at the stark contrasts in a country still wrestling with the evolving payments…

The lifecycle of a fraud

Fraud such as counterfeit card use at ATMs will certainly drop with EMV, but as UK stats show, it can still rise again.

UL accredited by Discover for contact card testing

October 17, 2013

UL test labs now offer Discover accredited testing services, including full-functional card testing in conformity with Discover requirements for its contact…

Datacard expands MX card issuance suite

October 17, 2013

Datacard Group, a provider of card personalization solutions, has announced the expansion of its MX card issuance product suite with the Datacard MX8100 card…

Debit card reissuing part I: To reissue or not to reissue?

by Kevin Christensen — Vice President, Audit, SHAZAM

The longer a card is present in the marketplace, the more likely it is to become compromised. Research indicates that the least amount of fraud losses occurs…

Debit card reissuing part II: 4 tips for safe debit card reissue

by Kevin Christensen — Vice President, Audit, SHAZAM

In a previous post, I shared tips for deciding whether to reissue a compromised or stolen debit card. When the decision is to reissue, there are a few things…

How the mag stripe can actually prevent ATM fraud

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Ironically, the same mag stripe that contains card data also holds the key to making that data useless to crooks.

How the mag stripe can actually prevent ATM fraud

At the ATM & Mobile Executive Summit in late September, Mimi Hart, CEO of MagTek Inc. (and a recent winner of the Most Influential Women in Payments award)…

Arroweye intros EMV On-Demand

October 7, 2013

Arroweye Solutions, a single-source provider of payment card marketing and production solutions, has released a new EMV On-Demand solution. The technology…