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Debit / Credit News & Media

Is the U.S. market tipping towards EMV?

by Lachlan Gunn — Director, BenAlpin Ltd

Two major US Banks, JP Morgan Chase and Wells Fargo, are to pilot EMV cards with a select group of cardholders

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Allpoint signs deal with Intuit

Both cards are designed to appeal to consumers who don't have checking or bank accounts, and Intuit's goal is to make them long-term customers.

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One third of UK adults are victims of card fraud

by Lachlan Gunn — Director, BenAlpin Ltd

According to the annual Card Fraud Index released yesterday by life assistance company CPP, Card fraud has now affected a total of 13 million people in the UK…

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Fifth Third lassoes Wyoming credit union

January 6, 2011

Fifth Third Processing Solutions today announced that it has signed an agreement to provide ATM and debit card processing for First Cheyenne Federal Credit…

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Dynamic Card Solutions’ Instant-Issuance Technology Available in the Northeast and Overseas

Consumers have increased their use of non-cash forms of payment in the past five years. Debit card purchases have more than doubled, rising 114 percent, while…

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Federal Reserve: ATM cash withdrawals show very little growth

ATM cash withdrawals continue to grow very little, according to a 2010 Federal Reserve Systems Payments Study.

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BB&T expands ATM agreement with Allpoint

December 9, 2010

BB&T Corp., a Winston-Salem, N.C.-based bank, has expanded its ATM network into Florida and Texas after renewing a contract with Allpoint, the…

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ATM industry blasts report on debit card usage

Group charges report is biased against cash, but authors say it reflects payment alternatives.

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Debit card spending exceeds cash spending in the U.K.

New report signals a changing of the spending guard in the United Kingdom.

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Cash, mostly from ATMs, will have a bigger role this holiday season

A lot of the green that will decorate stores during the upcoming holidays will be cash.

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MasterCard courts credit unions with surcharge-free ATM network

MasterCard's agreement with MoneyPass means that it is expanding into the credit union and community bank markets.

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Jonathan Judge named First Data CEO

First Data Corp. has named Jonathan J. Judge CEO. Judge, who began his new job today for Atlanta-based First Data, succeeds Joe Forehand, First Data’s…

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Interac offers ATM ISOs alternatives to comply with chip migration

The Interac Association has given Canada’s ISOs two alternatives to comply with the country's first EMV deadline for cash dispensing, non-deposit ATMs.The…

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First Data partners with Korean company to offer mobile payments

First Data Corp. yesterday signed a partnership agreement with a Korean company to provide mobile payments services in the first quarter of 2011, said Chris…

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Canada's largest surcharge-free ATM network is EMV capable

September 14, 2010

The Exchange network, Canada’s largest surcharge-free ATM network, is now capable of processing chip-enabled debit cards, its operator FICANEX Services Limited…

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Irish bank report urges government to reduce ATM withdrawals

September 12, 2010

National Irish Bank, one of the Republic of Ireland’s four largest banks, has recommended that the government encourage consumers to reduce cash withdrawals…

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New law expected to affect ATM withdrawals

August 31, 2010

Forty-nine percent of bank customers decided against signing up for checking-account overdraft protection by last month’s federally mandated deadline.

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Ukraine bank selects OptiCash for currency management

August 22, 2010

Raiffeisen Bank Aval in Kiev, Ukraine, has selected Transoft International Inc.’s OptiCash to manage the bank’s cash-management systems and to provide cash…

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Global Axcess places more ATMs with grocer

August 4, 2010

Global Axcess Corp. has renewed an agreement with an unnamed grocery chain in which it will install more ATMs for the merchant.The Jacksonville, Fla., ISO will…

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