Visa puts its weight behind EMV in the U.S.

by Ian Kerr — CEO, Level Four

Last week, Visa announced that it is kicking off three new initiatives to accelerate the adoption of EMV and NFC technology in the U.S. Visa is the largest…

RBR research reveals new payment card leader, growth in debit, prepaid sectors

The forecast for credit cards shows a decline, particularly in the U.S. market.

PSCU offering EMV cards to its 680 member-owner base

August 10, 2011

The Credit Union Times reports that Public Services Credit Union is now offering its 680 member-owner credit union base new credit cards that carry both EMV…

The U.S. is moving toward EMV...at last!

by Lachlan Gunn — Director, BenAlpin Ltd

Visa announcement of "Plans to Accelerate Chip Migration and Adoption of Mobile Payments" may be the catalyst for the U.S. market to adopt EMV. 

Report: Global smart card shipments will overtake mag-stripe by 2015

by Kim Williams — Reporter, NetWorld Alliance

The U.S. is still lagging behind the rest of the world for EMV implementation.  

Visa introduces new network participation fee

August 1, 2011

According to Reuters, Visa Inc.'s Chief Executive Joseph Saunders, in a conference call with analysts, said the payment processor would introduce a network…

FIME receives Interac accreditation for dual interface cards certification

August 1, 2011

FIME, a provider of integration testing services for contact and contactless chip solutions, has become the first laboratory to receive Interac Association…

Six arrested in Arizona for skimming $300,000

July 31, 2011

According to KPHO in Phoenix, Ariz., six people were arrested for allegedly stealing financial information from ATM customers and making hundreds of fraudulent…

Bank Machine installs another ?5-only cash dispenser in Northern Ireland

July 24, 2011

According to the Belfast Telegraph, UK independent ATM operator Bank Machine has deployed another ?5-only cash dispenser at the Mace shop in Glengormley in…

Kuwait Finance House offers new phone activation service for ATM card renewal

July 24, 2011

Kuwait Finance House has announced that it will offer a new phone activation service to customers enabling them to activate their renewed ATM cards without…

Union Bank of the Philippines, Globe Telecom partner for mobile cash transfer service

July 19, 2011

The Union Bank of the Philippines and Globe Telecom have partnered for a mobile cash transfer service that seeks to strengthen their existing electronic…

Citi Bank announces plans for EMV offering

July 18, 2011

Finextra reports that Citi Bank has confirmed it will roll out EMV chip cards for customers traveling abroad.

PMX Gold and Omnitech Automation working on gold-dispensing ATM prototype

July 18, 2011

PMX Gold LLC, a wholly owned subsidiary of PMX Communities Inc., confirmed today that it has teamed with Omnitech Automation Inc. to manufacture a gold ATM…

USAA bank eliminates debit rewards program

July 14, 2011

According to Colloquy, San Antonio-based USAA Bank, which serves U.S. military members and their families, is eliminating its debit card rewards program, which…

Jack Henry offering EMV cards to credit union customers

July 13, 2011

The Payment Processing Solutions (PPS) division of Jack Henry & Associates has announced it will begin offering chip-and-signature debit and credit cards…

Europol busts cross-continental card skimming ring, warns of magnetic strip vulnerability

July 13, 2011

Finextra is reporting that European and U.S. law enforcement agencies have busted a cross-continental card skimming gang suspected of stealing more than EUR5…

Apriva partners with Open Solutions to offer EMV-compliant contactless vending acceptance

July 12, 2011

Apriva, a provider of end-to-end wireless transaction and secure information solutions, has announced a strategic initiative with Open Solutions, a provider…

Tempo Payments prepares to shut down, blames Durbin Amendment

July 11, 2011

Digital Transactions reports that Tempo Payments Inc., a leading company in the decoupled debit card niche, is going out of business, blaming the Federal…

Nearly 20 amusement park employees fired for taking advantage of faulty ATM

July 10, 2011

The Sydney Morning Herald reports that up to 20 staff at Luna Amusement Park in Melbourne, Australia, have been escorted off the premises after taking…

Visa remains optimistic about PIN-debit after Durbin Amendment final rule

July 6, 2011

According to Digital Transactions, Visa Inc. is preparing to lose some PIN-debit transaction volume in the wake of the Fed's final rule on the Durbin Amendment…