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Debit / Credit News & Media

Fraudsters lean on SaaS to get ATM PINs and online account details

September 28, 2008

eWeek: It's now possible for anybody to purchase online criminal services on a monthly fee basis, if the user knows where to go. As the bad guys get more…

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Visa enhances prepaid reload network at ATMs

September 25, 2008

SAN FRANCISCO — Visa has announced an enhancement to its prepaid-reload network, Visa ReadyLink, which enables consumers to add funds to eligible Visa prepaid…

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Data breaches and the ATM industry

by

Fair Isaac's John Buzzard shares thoughts about ATM skimming.

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Garanti Bank to issue debit cards created by Gemalto

September 23, 2008

AMSTERDAM, Netherlands — Gemalto, provider of digital-security solutions, has signed an EMV deal for bank cards with Garanti Bank, a credit card issuer in…

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Officials in Nigeria consider tighter laws to stop ATM fraud

September 22, 2008

The (Nigerian) Business Day: With the increase in fraud committed at ATMs, the Nigerian Senate is now considering a law to stop fraud and other…

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Credit union instantly issues flat-panel debit cards

September 21, 2008

CHESTERFIELD, Mo. — First Community Credit Union has introduced unembossed, flat-panel debit cards that will be issued immediately to members when they open…

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NetSpend sues company it created

September 17, 2008

Austin (Texas) Business Journal: NetSpend Corp. last month filed a lawsuit against MPower Labs Inc., alleging the competitor took confidential information…

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B of A, Merrill Lynch deal will impact U.S. debit market, consultancy says

September 17, 2008

NEEDHAM, Mass. — While Bank of America's acquisition of Merrill Lynch most directly impacts the retail brokerage and capital markets sectors, it also carries…

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Visa, National City expand debit, ATM deal

September 15, 2008

The Associated Press: National City Corp. and Visa Inc. said Monday they are renewing and expanding their existing contract, which includes National City's use…

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MICROS: 'Hackers are picking on the small guys'

by James Bickers — Editor, Networld Alliance

September 15, 2008

James Bickers is the editor of Retail Customer Experience, a sister site of ATM Marketplace. To submit a comment about this article, please e-mail Tracy…

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TowerGroup says buy of Merrill Lynch puts B of A at top of debit, credit biz

September 15, 2008

BOSTON — With shockwaves still reverberating from the news of Bank of America's acquisition of Merrill Lynch, TowerGroup says it expects the integration of the…

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ATM restrictions at Aussie gambling halls cost banks big bucks

September 11, 2008

Australian Broadcasting Corp.: The Australian Bankers Association says plans to limit ATM withdrawals in gambling venues to AUS $100 a day will cost hundreds…

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TowerGroup analyst comments on Fiserv Mobile Money announcement

September 10, 2008

NEEDHAM, Mass. — Fiserv has announced a new partnership with mobile banking provider M-Com to launch a "triple-play" platform for mobile banking and payments.

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Survey shows consumers willing to use mobile banking

September 10, 2008

BROOKFIELD, Wis. — Consumer interest in mobile banking and payments services offered by their financial institution has increased significantly in the past two…

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UAE banks telling cardholders to change PINs

September 10, 2008

Khaleej Times (Dubai, United Arab Emirates): Banks in the UAE, grappling with a recent wave of ATM frauds from outside the country, reiterated their calls for…

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Fiserv announces all-in-one mobile banking solution

September 9, 2008

BROOKFIELD, Wis. — Fiserv, Inc., a provider of information technology services to the financial industry, has launched Fiserv Mobile MoneySM, a mobile banking…

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Postilion, Network International provide POS infrastructure for Middle East retailer

September 8, 2008

LONDON — Postilion, a provider of software solutions for self-service banking and payments and a division of S1 Corporation, and Network International, the…

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Metavante ushers eCom into world of mobile banking

September 8, 2008

MILWAUKEE — Metavante, a provider of banking and payments technology, has announced that Corporate Network eCom LLC has named Metavante Corp. its provider of…

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China upholds five-year jail sentence for ATM fraudster

September 8, 2008

ChinaView.cn: China's Supreme People's Court upheld a five-year jail term meted out by a local court in southern Guangdong Province to a young man who…

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Phoenix to drive largest POS network in Pakistan

September 7, 2008

KARACHI, Pakistan — Bank Alfalah, a bank in Pakistan owned by Abu Dhabi Group, has awarded TPS the contract for driving its countrywide point-of-sale network…

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