PULSE, Woodforest FG extend LTR for PIN POS debit services, ATMs

February 11, 2010

PULSE, one of the nation's leading PIN debit/ATM networks, has extended and expanded its long-term relationship with Woodforest Financial Group for PIN…

HSBC appoints Gemalto to facilitate EMV Migration for its credit cards

January 26, 2010

Digital security specialist Gemalto has been appointed by the HSBC Group, one of the world's largest banking and financial organizations, to supply a…

Discover Financial Services announces agreement with leading Korean payment network

January 25, 2010

Rushcard among the popular new low- or no-fee prepaid credit/debit cards

January 25, 2010

Among the more popular in the rush of new prepaid credit/debit cards hitting the market is the Rushcard, according to DoughRoller.net, which recently ran a…

Merchant e-Solutions adds online PIN debit to e-commerce platform

January 21, 2010

Merchant e-Solutions Inc. has announced the addition of an online PIN debit payment option to its e-commerce platform.   "As the popularity of shopping on the…

Gemalto says it can fix card bug in Germany

January 13, 2010

PC World reports that smart card vendor Gemalto said on Wednesday that it is distributing a software fix to German banks for a programming glitch that caused…

Processing hiccups in U.S, Germany, Australia linked to software, year change

January 10, 2010

Digital Transactions reports that processing glitches struck in Germany and Australia over the past week apparently involved applications that couldn't…

S1 to provide integrated payments platform for Saudi Hollandi Bank

January 3, 2010

Payments solutions provider S1 has announced a deal with Saudi Arabia's Saudi Hollandi Bank (SHB) for an integrated payments platform that will support the…

ATM withdrawals in Australia at lowest point in 6 years

January 3, 2010

TheAustrailian.com reports that in 2009, the number of Australian consumers making ATM cash withdrawals dropped to its lowest point in more than six years. …

Association says financial reform unfairly affects retailers, does not improve interchange

December 29, 2009

Sweeping financial regulatory reform legislation under consideration in the U.S. House of Representatives would unfairly affect industries with no role in the…

Citigroup denies reports that it fell victim to summer cyber breach

December 28, 2009

The Wall Street Journal reports that Russian hackers may have stolen tens of millions of dollars from Citigroup, despite Citbank's denial of the charges.

Euro Alliance of Payment Schemes opens membership in Europe

December 28, 2009

Euro Alliance of Payment Schemes (EAPS), the European card scheme for pan-European ATM and POS transactions, has widened membership to individual…

Brits say goodbye to checks by 2018

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December 16, 2009

Reuters reports that the U.K. Payments Council has placed a resting date on the kingdom's use of checks, calling an end to a payment method that has been…

RESEARCH: Italy is largest European market for prepaid cards

RBR says cash use dominates low-value payments in Italy, but prepaid is an upcoming alternative for young and unbanked consumers.

Blog: Class action suit against Amcore Bank alleges violation of ATM rules

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December 7, 2009

The blog ChicagoNow reports that a class action suit has been filed against Amcore Bank, alleging that the bank failed to post notices on some of its ATMs to…

Three states report major ATM skimming attacks

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December 7, 2009

BankInfoSecurity reports that three ATM-skimming operations in Maryland, Illinois and Georgia have resulted in losses exceeding more than $120,000. Maryland…

European council pushes prep for more SEPA directives

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The European Payments Council says new SEPA schemes are making direct debits possible in 32 European countries, collectively known as the Single Euro Payments…

More hackers busted in $9 million ATM fraud ring

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December 1, 2009

CreditFYI.com reports that federal authorities in Atlanta have added names to the list of indictments affiliated with the ATM-hacking ring that in November…

Fiserv to host second credit union conference in 2010

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November 18, 2009

Fiserv Inc. has announced that its Innovate 2010, the second-annual conference for all Fiserv credit union account-processing clients, will be held Sept. 13-1…

Secure First Credit Union joins CU 24 network

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November 17, 2009

Credit Union 24, the country's largest credit union-owned ATM and point-of-sale network, has announced that Secure First Credit Union has joined its network. …