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Debit / Credit News & Media

Man loses $107,000 after card compromise

September 4, 2008

The (San Jose, Calif.) Mercury News: A Foster City resident came back from vacation this week to find someone had used his debit card 72 times at various…

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Canadian police bust four in $2 million card scam

September 4, 2008

The Canadian Press: Calgary police have charged four men with defrauding a local business of nearly CAN $2 million by breaking into its database. Police say…

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Computer snags cause ATM-card malfunctions

September 3, 2008

The Coloradoan: Computers slowed, phone lines jammed and some ATM/debit cards didn't work Tuesday when Public Service Credit Union switched its former Norlarco…

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Visa unveils mobile-payment services

September 3, 2008

SAN FRANCISCO — Visa has taken the next step toward making mobile commerce a global reality. The card company has launched  four new programs to deliver…

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Smart Processing Solutions unveils ATM-card software

September 2, 2008

TORONTO — Smart Processing Solutions Inc. has announced the launch of SmartIssuerPro, a card-issuing and management software designed to let financial…

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ATM fraudsters in U.S. target U.K. retailers

September 2, 2008

I.T. Vibe: After successfully cloning U.S. credit and debit cards (after stealing card details from compromised ATMs), criminals are trying to use them at…

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VIDEO: RFID credit cards hacked with $8 reader

September 1, 2008

The Consumerist: With an $8 credit-card reader bought off eBay, BoingBoing TV demonstrates how easy it is to intercept an RFID transmission and steal a…

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VIDEO: Myth Busters says RFID vulnerable to attacks

September 1, 2008

The Consumerist: A Myth Busters episode about the security vulnerabilities of RFID technology was reportedly axed by The Discovery Channel after executives…

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Execs unveil patented debit, credit, ATM security service

August 27, 2008

MIAMI — Ivan Ochoa and Daniel Davila, executive members of newly created Charge Notification Services Corp., are launching a proprietary and patented credit…

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Indian villagers reluctant to take ATM cards

August 26, 2008

Yahoo! News: Baljeet Singh, who lives in the Indian village of Bhainsa, receives a fatty sum every year during the sugarcane season, which he places in his…

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Personal data of 1 million sold with computer on eBay

August 25, 2008

The London Daily Mail: Personal details about more than a million bank customers has been found on a computer sold on eBay. Highly sensitive information about…

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Credit-card details hacked at hotels; 8 million at risk

August 25, 2008

The (London) Daily Mail: Up to 8 million people are at risk of ID fraud after a hacker breached the security system of the world's largest hotel chain. An…

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Plant workers protest debit card plan for benefits

August 21, 2008

St. Louis Post-Dispatch: Recently laid-off workers from Chrysler's automotive plant in Fenton, Mo., are worried that changes to Missouri's unemployment system…

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PCI Council issues summary of standard changes

August 19, 2008

WAKEFIELD, Mass. — The PCI Security Standards Council, an open-industry-standards body providing management of the Payment Card Industry Data Security…

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MasterCard launches debit card in Malaysia

August 18, 2008

The Edge Financial Daily: MasterCard's new Malaysian debit card is expected to tap consumers who are currently not credit cardholders. MasterCard vice…

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Real-time fraud alerts notify Visa cardholders of ID theft

August 18, 2008

SAN FRANCISCO — Visa and leading North American financial institutions PNC Bank, SunTrust Bank, U.S. Bank, Wachovia, Wells Fargo, Royal Bank of Canada, TD Bank…

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STUDY: Surcharge-free ATMs, debit rewards on the rise in U.S.

August 17, 2008

HOUSTON — Surcharge-free ATM access is gaining in popularity among debit-card issuers, according to the 2008 Debit Issuer Study, commissioned by PULSE.   And…

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Washington Mutual increases ATM locations in Georgia

August 17, 2008

SEATTLE — Washington Mutual Inc. has signed a branding deal with Cardtronics to WaMu-brand more than 70 ATMs in CVS/pharmacy stores in Georgia.   According to…

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JPMorgan intros prepaid card for workers' comp

August 17, 2008

(New York) Insurance & Technology: JPMorgan Chase has launched a prepaid debit card for workers' compensation payments. The Chase Workers' Compensation…

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Fair Isaac launches ATM, banking fraud-alert forum

August 14, 2008

MINNEAPOLIS — Fair Isaac Corp., provider of analytics and decision-management technology, has introduced its Fraud Alert Network Forum — an online community…

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