Debit / Credit News & Media
HomeATM to take PIN debit to Web transactions
December 27, 2007
Digital Transactions: HomeATM, an engineering company based in Montreal, has struck a deal with Universal Air Travel Plan Inc. to enable air carriers to…
read nowTJX settles with all but one plaintiff after data-breach suit
December 26, 2007
Digital Transactions: TJX Cos. Inc. has settled with three banking associations and three individual banks that sued after a data breach that potentially…
read nowAmEx targets small, mid-sized merchants
December 26, 2007
Digital Transactions: American Express Co. has signed with First Data Corp. to book small and mid-sized merchants. AmEx will own the merchant accounts and…
read nowIndia-based bank proposes free inter-bank ATM services
December 25, 2007
Indian Express: The Reserve Bank of India (RBI) has proposed that banks offer free ATM services, which would take effect on April 1, 2009. Currently, banks do…
read nowATM mistakingly prints out private information
December 25, 2007
The Edmonton Sun: A Canadian resident got more than he bargained for when he made a transaction at a Royal Bank of Canada ATM earlier this month. Without…
read nowHSBC signs ATM-sharing deal in Japan
December 20, 2007
ePaynews: HSBC Japan has signed a deal which would position it to share ATMs with Japan Post Bank and Seven Bank. The deal would give HSBC's Premier customers…
read nowMoney Centers of America completes migration to Triple DES earlier than expected
December 20, 2007
KING OF PRUSSIA, Pa. — Money Centers of America Inc. has completed the Triple DES conversion of its ATM network, according to a news release. The migration…
read nowAustralian government halts sale of Virtual Money ATM cards in Australia
December 19, 2007
iTnews: The Australian Securities and Investments Commission (ASIC) has halted the sale of Virtual Money ATM cards in Australia. The cards, which are similar…
read nowBank becomes first to issue EMV chip cards to Vietnamese
December 19, 2007
VietNamNet Bridge: For the first time ever, credit/debit cards based on EMV smart card technology are being issued on a mass scale by a bank in Vietnam. VP…
read nowAllpoint Network, Northern Trust form partnership
December 19, 2007
Banking Business Review: Allpoint Network, a division of Cardtronics, and Northern Trust, a provider of personal financial services for individuals and…
read nowStratus Mexico upgrades ATMs with INETCO BankLink
December 19, 2007
Mexican FI upgrades ATM network with INETCO solution.
read nowUN agency issues ATM cards to Iraqi families
December 18, 2007
(DAMASCUS, Syria) UNHCR: Acorrding to an article released by the United Nations refugee agency, UNHCR is distributing ATM cards to 7,000 needy Iraqi families…
read nowEU expected to rule MasterCard interchange illegal
December 17, 2007
CNN Money: The European Commission is set to rule this week that MasterCard Worldwide's interchange-fee network is illegal. The commission is expected to…
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SEPA: Will the promise be realized?
by Tracy Kitten — Editor, AMC
Euro-using countries not likely to hit single payments anytime soon.
read nowPCI penalties remain unclear
December 10, 2007
Digital Transactions: The settlement TJX Cos. and Visa Inc. announced last week illustrates that not only is TJX well on its way to slipping past a long list…
read nowPCI Council names chairperson
December 5, 2007
WAKEFIELD, Mass. — The PCI Security Standards Council, an industry-standards body that provides management of the Payment Card Industry Data Security…
read noweSSecom becomes India's first EFT switch, gateway to earn PCI nod
December 5, 2007
BANGALORE, India — eSSecom, a third-party processor that provides transaction services that focus on the Internet and mobile commerce, has achieved compliance…
read nowSTUDY: Developing markets are hungry for cash, ATMs
December 3, 2007
The Hindu Business Line: Asia is set to vigorously expand its ATM estate in coming years, according to new research from Celent LLC. China and India, in…
read nowChina Unionpay launches ATM services in Malaysia
December 2, 2007
China View: China Unionpay and Malaysian Electronic Payment System announced that it launched ATM services in Malaysia last month. Now Chinese visitors in…
read nowTJX offers settlement to banks
December 2, 2007
Storefront Backtalk: A judge's decision passed down late Friday sets bank plaintiffs in the TJX case to fend for themselves. According to a statement issued…
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