Debit / Credit News & Media
X9 calls for a standard for secure Internet authorization
April 11, 2010
ANNAPOLIS, MD — The Accredited Standards Committee X9 (X9) has announced plans to launch a new effort to develop an American National Standard that will…
read nowAcculynk launches new ISO online payment platform
April 7, 2010
Acculynk has launched a new online card processing and Internet PIN debit payment solution for Independent Sales Organizations (ISOs). PaySecure Plus, which…
read nowWoman accused of stealing $200,000 from credit unions at ATMs
April 4, 2010
Tampa's WFTS-TV reports that a 41-year-old woman caught on camera withdrawing money from an ATM is the mastermind behind an identity-theft and fraud ring in…
read nowPhone scammers target credit union ATM cards
April 4, 2010
The (Fort Wayne, Ind.) Journal Gazette reports that police in Fort Wayne are following up on 50 reports of a telephone scam that gets users to give out their…
read nowTNS plans to launch mobile-payments offer in May
April 4, 2010
Digital Transactions reports that Transaction Network Services Inc. has entered the mobile payments space with an application that allows smart phones to act…
read nowOpen Solutions Canada provides ATM processing to Diners Club, Discover, PULSE cardholders
April 1, 2010
Open Solutions Canada, the Canadian subsidiary of Open Solutions Inc., has signed an agreement with Acxsys Corp. to provide ATM transaction processing services…
read nowWincor Nixdorf, IRIS Analytics partner to promote e-payment security via ProClassic Enterprise
March 30, 2010
Wincor Nixdorf AG and IRIS Analytics, a provider of real-time fraud prevention software for e-payment transactions, are partnering to distribute IRIS software…
read nowNew report says prepaid card use should rebound in 2010
March 30, 2010
A new report from Javelin Strategy & Research finds that while the economic recession hit the U.S. prepaid card business hard in 2009, the positive…
read nowCredit Union 24 intros PINless billpay for credit union members
March 29, 2010
Credit Union 24 now supports PINless bill payment transactions for participating credit-union members, without the need to implement new processing systems.…
read nowFlagstar Bank expands relationship with NYCE
March 28, 2010
NYCE Payments Network LLC, an FIS company, has renewed its relationship with Flagstar Bank of Troy, Mich., and has named NYCE as its exclusive provider of ATM…
read nowTJX hacker gets 20 years for credit, debit breach
March 25, 2010
Help Net Security reports that Albert Gonzales, better known as the "TJX hacker," whose breach of TJX reportedly led to the loss of some $200 million through…
read nowSecurity breaches hit PNC, Fifth Third debit cards
March 25, 2010
BankInfoSecurity.com reports that breaches of debit card systems have been reported by PNC Financial Services and Fifth Third Bank, bringing the total number…
read nowHeartland Payment Systems' end-to-end encryption gets thumbs up from payments players
March 25, 2010
Heartland Payment Systems says several of the world's leading electronic-payments-system manufacturers are working with Heartland to ensure their point-of-sale…
read nowCollis names Q-Card a value-added reseller for U.S. market
March 24, 2010
Collis says it has signed Q-Card as a value-added reseller for Collis' products in the United States According to a news release from Collis, the signing of…
read nowVisa card spending topped $115 million during Olympic Winter Games
March 18, 2010
According to Visa Inc., spending by international visitors on Visa cards at the Vancouver 2010 Olympic Winter Games and in British Columbia exceeded U.S. $11…
read nowIllinois CU plans to sell ATM, debit business to CO-OP
March 15, 2010
Credit Union Times reports that Members United Corporate Federal Credit Union ($8.4 billion in assets) has decided to drop its ATM and debit card program, the…
read nownFinanSe announces fee reductions for ATM withdrawals, billpay transactions
March 14, 2010
NFinanSe Inc., a provider of reloadable prepaid cards, says it is cutting fees to cardholders for ATM withdrawals and electronic bill paymentss. According…
read nowB of A scraps debit overdraft fees
March 14, 2010
Bank of America has scrapped the $35 overdraft fees it charges on debit purchases, according to The Wall Street Journal, reported by The Euromoney…
read nowOpen Solutions Canada now processing China UnionPay transaction through Interac
March 11, 2010
Open Solutions — which operates ATMs, approves and settles card transactions on its POSHnet network and provides transaction authorization through Interac — is…
read nowFiserv ACCEL/Exchange debit/ATM network reports record transactions in 2009
February 24, 2010
Fiserv Inc. says its ACCEL/Exchange debit payments network saw record-setting growth in 2009. ACCEL/Exchange set a new annual record for total transactions…
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