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Debit / Credit News & Media

TMD Security to showcase latest release of anti-skimming software

January 28, 2008

CURACAO, Netherlands Antilles — TMD Security has announced that the next generation of its CPK+ anti-skimming software, the 6000 series, will be showcased…

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Allpoint ATM network surpasses 1,000 members

January 28, 2008

BETHESDA, Md. — The Allpoint surcharge-free ATM network launched in 2003 with the goal of providing surcharge-free ATM access for consumers and a competitive…

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U.S. banks raising ATM fees in response to poor economy

January 27, 2008

ABC News: Consumers who rely on ATMs for quick cash access may find that getting their money costs them more as banks raise their ATM fees. The financial…

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Kansas-based thief reprograms ATM, steals $18,000

January 27, 2008

WDAF-TV: A thief in Shawnee, Kan., allegedly reprogrammed an ATM at a bowling alley to dispense twenties instead of ones. Police say the man got away with…

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Data tape containing U.S. cardholder data is lost

January 27, 2008

ePaynews: Personal information on roughly 650,000 customers of J.C. Penney and up to 100 other large U.S. retailers could be compromised after a data tape was…

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Texas bank hit by international thieves with fake ATM cards

January 27, 2008

KDFW-TV: One of the largest independent banks in Fort Worth, Texas, is reeling after thieves broke in online, made up fake ATM cards and made off with…

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Card incentives for debit as credit cards hurt merchants

January 23, 2008

Noblesville (Ind.) Daily Times: The use of credit/debit cards for purchasing everything from gas to groceries has grown steadily in popularity. And though not…

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Bulgarian crime group nabbed for debit drain from Americans

January 23, 2008

FOCUS Information Agency: Three people in Sofia, Bulgaria, have been arrested for draining money from the accounts of U.S. debit cardholders. The investigation…

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Collis, ICTK ink e-payments testing tool alliance

January 22, 2008

LEIDEN, Netherlands — Collis, provider of electronic-payment testing tools, and ICT Korea, which focuses on e-payment systems, have signed an alliance that…

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Milwaukee-based bank inks deal with NYCE for ATM, debit transactions

January 21, 2008

SECAUCUS, N.J. —  M&I Marshall & Ilsley Bank have signed an exclusive deal with the NYCE Payment Network for PIN-debit access and domestic ATM…

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W.Va. settles with Visa, Mastercard over credit, debit fees

January 16, 2008

Consumer Affairs.com: The state of West Virginia has reached a settlement with Visa USA and MasterCard Worldwide, requiring each credit card companies to set…

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U.S. shoppers want simple, mobile-device contactless payment

January 14, 2008

VNUNet.com: U.S. consumers are keen to use their mobile handsets for in-store payments, but a majority says it wants to have just one credit/debit account for…

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Metavante buys European debit, prepaid processor for $58 million

January 9, 2008

MILWAUKEE — Metavante Technologies Inc., provider of banking and payments technology, has acquired London-based Nomad Payments Ltd., which provides prepaid…

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First Gulf Bank launches chip-based debit card from MasterCard

January 9, 2008

Al Bawaba: First Gulf Bank, a leading bank in the UAE based in Abu Dhabi, has launched a chip-based MasterCard Worldwide debit card. The card provides…

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EMV and the United States

by Tracy Kitten — Editor, AMC

Most of the world is complying with EMV, but not the U.S.

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Harvard uncovers ID, debit-card scam

January 7, 2008

The Boston Globe: Harvard University police and the Middlesex district attorney's office are investigating a security breach at the school after an…

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Terror suspects sentenced for ATM-related scam

January 7, 2008

(New York) Daily News: Three men accused of being part of a terrorist plot to steal $250,000 from city ATMs with bogus cards and stolen identities were on…

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First Data gift-card glitch strikes after Christmas

January 7, 2008

Digital Transactions: The day after Christmas, First Data Corp.'s ValueLink unit, which processes prepaid-card transactions, delayed gift-card authorizations…

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Western Europe sees strong debit-card growth

January 6, 2008

LONDON — The number of payment cards in Western Europe increased by 9 percent from 2004 to 2006, hitting a total of 787 million, according to research firm…

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Has chip and PIN failed ATM security?

January 2, 2008

Guardian Unlimited: It was supposed to bring an end to unauthorized card transactions, but two years later, is chip-and-PIN technology just as fallible its…

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