Three credit unions expand ATM access by joining Co-op Financial Services

July 26, 2010

Three credit unions in Oregon and Washington have expanded their members’ surcharge-free ATM access throughout the Pacific Northwest and across the country by…

PULSE offers online PIN-debit acceptance

PULSE, one of the nation's largest electronic funds transfer networks, yesterday began offering financial institutions the ability to process PIN debit…

Jack Henry rebrands Pemco Technologies as JHA Payment Processing Solutions

July 1, 2010

Jack Henry & Associates Inc. has renamed Pemco Technologies to JHA Payment Processing Solutions. The Seattle-based company, which processes ATM, debit…

Controversy: Welfare ATM cards draw cash at Calif. casinos

June 23, 2010

The Los Angeles Times reports that cards provided to welfare recipients by the Department of Social Services can be used to get cash at casinos.

BNZ patents 'liquid encryption number' for bank cards

June 22, 2010

The New Zealand Herald reports that Bank of New Zealand has received a patent on an invention created by one of its employees: a "liquid encryption number…

Fifth Third goes to Jupiter, as in Florida, to land a virtual school

June 21, 2010

Fifth Third Processing Solutions Tuesday signed an agreement to provide card processing for Vschoolz, a virtual school based in Jupiter, Fla.

Small purchases come up big for debit

June 20, 2010

Small debit card purchases played a big role in boosting debit card transactions last year, Pulse, a Houston-based electronic funds transfer network, reported…

Cardtronics branding deal extends PNC's ATM presence in Florida

June 17, 2010

PNC Bank's branding agreement with Cardtronics Inc. expands the financial institution's ATM presence throughout Florida, Edward Kozmor, a bank spokesperson…

Prepaid card association elects chairman

June 16, 2010

The Network Branded Prepaid Card Association has elected Jon Palmer, CEO of FSV Payment Systems, chairman of the board. The association's directors voted…

Acculynk signs agreement with ATM network

June 16, 2010

Acculynk Inc., an Atlanta-based software company that secures PIN-debit purchases over the Internet, Wednesday signed an agreement with Jeanie Network, an…

Federal Reserve Board issues final rule regarding credit card late charges and penalty fees

June 15, 2010

The Federal Reserve Board Tuesday approved a final rule to protect credit cardholders from unreasonable late and penalty fees, but the Center for Responsible…

BankAtlantic issues unembossed instant-issued debit cards

June 15, 2010

BankAtlantic, a Fort Lauderdale, Fla.-based financial institution, is issuing customers unembossed instant-issue debit cards after signing an agreement with…

First Data company signs card-processing agreement in Poland

June 14, 2010

Polcard, a First Data Corp. business based in Poland, announced Monday that it has signed a long-term card-processing agreement with Media Markt, a leading…

PSCU expects to reach 1 billion debit transactions next year

June 14, 2010

PSCU Financial Services is on track to reach 1 billion debit-card transactions by 2011 after strong performances last year and in 2010's first quarter…

Wells Fargo is replacing emergency ATM cards with Visa-brand cards

Wells Fargo & Co. is systematically replacing its instant-issue emergency ATM cards with a Visa-branded product after cardholders complained that some hotels…

Pulse issues ATM and debit card safety tips

June 10, 2010

Pulse, a Houston-based electronic funds transfer network, yesterday released tips that encourage cardholders to remain vigilant about safety while using debit…

MasterCard offers online bill-payment to prepaid cardholders

MasterCard Worldwide offers the new service with the intention of keeping cardholders much longer as customers.

Jack Henry & Associates completes iPay purchase

June 7, 2010

ATM transaction processor Jack Henry & Associates Inc. yesterday completed its purchase of iPay Technologies, the nation's largest independent electronic…

Bling Nation makes new hire

June 7, 2010

Bling Nation, a Palo Alto, Calif.-based mobile-payments firm, has hired Shan Mehta to maintain and expand the company's customer relationships.

Fifth Third renews processing agreements

June 6, 2010