Hackers indicted in $9.4 million ATM heist

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November 10, 2009

The Christian Science Monitor reports that three men have been named as being the masterminds behind the hacking of RBS WorldPay, a subsidiary of the Royal…

BAI RD: Dynamic Card Solutions tests instant-issuance kiosk

November 8, 2009

Dynamic Card Solutions (DCS), a provider of instant card-issuance hardware and software, debuted its prototype instant-issuance kiosk system at last week's BAI…

WorldPay founder could buy business back from RBS

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November 8, 2009

Finextra reports that the founder of WorldPay, Nick Ogden, has approached the Royal Bank of Scotland about buying the business back. The WorldPay business was…

German company releases cell-phone sticker for contactless MasterCard PayPass payments

by Tracy Kitten — Editor, AMC

November 8, 2009

Munich, Germany-based Giesecke & Devrient is providing a new form factor for debit cards in Europe.   According to a news release from Giesecke &…

BAI RD: MagTek announces PCI certification for IPAD PIN-encrypting devices

November 5, 2009

MagTek announced this week at BAI that its IPAD family of PIN-encrypting devices (PEDs) has achieved full PCI PED 2.0 certification.   According to a news…

N.H. FI signs with Elan for MasterCard PayPass contactless debit

by Tracy Kitten — Editor, AMC

November 4, 2009

Elan Financial Services and Laconia Savings Bank have partnered to provide Laconia Savings Bank customers with MasterCard PayPass contactless payment…

Contactless payments provider INSIDE partners with TWINLINX for mobile payments rollouts

by Tracy Kitten — Editor, AMC

November 4, 2009

France-based INSIDE Contactless, a provider of advanced, open-standard contactless and near field communication chip technologies, and TWINLINX, a market…

BAI RD: Park State Bank & Trust launches Bling Nation's mobile payments network

by Tracy Kitten — Editor, AMC

November 2, 2009

Bling Nation, a mobile payments network, announced during the opening day of BAI's Retail Delivery Conference and Expo that Woodland Park, Colo.-based Park…

ACCEL/Exchange network rolls out Internet PIN debit

by Tracy Kitten — Editor, AMC

November 1, 2009

Fiserv Inc. says its ACCEL/Exchange Network will begin processing and offering secure Internet PIN-debit transactions in November, making it the first payments…

ID TECH releases new mag-stripe card reader

October 27, 2009

ID TECH, a manufacturer of custom and standard POS and self-service peripherals, has announced the release of its SecureMag magnetic-stripe reader. …

Collis supports Netherlands bank in meeting new SEPA directive

by Tracy Kitten — Editor, AMC

October 26, 2009

Collis is now supporting Fortis Bank Netherlands with process management and program-training development for the SEPA Direct Debit and Payment Services…

Fifth Third backs 'nameless' debit RevolutionCard

by Tracy Kitten — Editor, AMC

October 22, 2009

Fifth Third is now issuing the RevolutionCard — giving the new, nameless credit card some clout, the blog WalletPop reports. One of the things that makes the…

European ATM Security Team says EMV has led to significant drop in ATM skimming

by Tracy Kitten — Editor, AMC

October 22, 2009

The European ATM Security Team (EAST) has announced the launch of a European ATM crime report that covers the first six months of 2009. For the third…

Collis test tools for EMV cards are qualified by MasterCard

by Tracy Kitten — Editor, AMC

October 21, 2009

Netherlands-based Collis says MasterCard Worldwide has qualified the Collis Brand Test Tool and Collis Card Simulator as validation tools for terminal…

Dynamic Card Solutions releases new instant-issuance software

October 19, 2009

Dynamic Card Solutions (DCS), a provider of instant-issuance and PIN-selection solutions for banks, credit unions and retailers, today announced the release of…

European Payments Council sets November dates for SEPA direct debit schemes

SEPA is expected to have far-reaching impacts on payments throughout the EU.

PayPal moves deeper into e-commerce through new deal with First Data's STAR network

by Tracy Kitten — Editor, AMC

October 12, 2009

Digital Transactions reports that PayPal Inc. has introduced new funding options that will allow PayPal users to load money into their PayPal accounts with PIN…

Lawsuit claims Heartland knew its data security was sub-par

by Tracy Kitten — Editor, AMC

October 7, 2009

CU Info Security reports that a new master companion filed in a class-action lawsuit against Heartland Payment Systems claims Heartland CEO Robert Carr told…

Prepaid options examined for high fees, putting unbanked at disadvantage

by Tracy Kitten — Editor, AMC

October 6, 2009

Products targeted at the unbanked continue to carry high fees, according to a joint reporting project from The New York times and PBS's "Frontline." The two…

ACI releases new BASE24-eps for improved globalization

by Tracy Kitten — Editor, AMC

October 1, 2009

ACI Worldwide Inc. has announced the general availability of the next version of BASE24-eps, ACI's software for online-payments processing.   BASE24-eps…