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Debit / Credit News & Media

Pulse expands PINless debit service for recurring bill payments

August 29, 2007

HOUSTON - The Pulse network is offering utility companies, lenders and certain other billers a new payment option that allows consumers to automatically pay…

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Ukrainian man suspected in data hack of 45 million TJX cards

August 28, 2007

MSNBC: A Ukrainian man recently arrested in Turkey is suspected of selling some of the credit- and debit-card numbers stolen in the TJX data hack of at least…

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College prepaid programs garner attention

August 27, 2007

Digital Transactions: An Oklahoma banking company is working toward an ambitious university prepaid-card deployment, which also involves contactless payment.

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Global Payments gets end-to-end EMV certification in Canada

August 27, 2007

ATLANTA - Global Payments Inc. says it has completed end-to-end EMV-chip certification for MasterCard credit and Interac Direct Payment cards in Canada. That…

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India's hospitals need ATMs

August 26, 2007

Daily Times: Doctors, medical students and patients in Lahore, India, say more ATMs that allow payment by credit card need to be installed in public…

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NACHA approves international ACH amendment

August 23, 2007

HERNDON, Va. - Last week NACHA-The Electronic Payments Association approved an operating-rules amendment requiring all international automated clearing house…

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Postilion, Okla. Bank offer prepaid card programs to FIs

August 21, 2007

ATLANTA - Postilion, a division of S1 Corp., has signed a marketing deal with Central National Bank of Enid, an Oklahoma-based community financial…

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Iowa compromise leads banks to reissue ATM/debit cards

August 16, 2007

(Dubuque, Iowa) KGAN-TV, Channel 2: Several banks in Greater Dubuque, Iowa, are reissuing debit cards in the wake of a suspected breach at an ATM. Officials…

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CTS North America expands in U.S., Canada

August 15, 2007

BURLINGTON, Mass. - CTS North America is expanding its presence in the United States and Canada. CTS North America, a subsidiary of the privately held Italian…

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Contactless cards raise red flags in U.K.

August 13, 2007

ePaynews: The issuance of contactless debit cards poses a danger to U.K. consumers, as it could lead to increased street crime, warns ATM operator Bank…

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Ingenico i9400 approved for EMV in Italy

August 12, 2007

NEUILLY-SUR-SEINE, France - Ingenico Italia has received EMV approval from Cogeban-Progetto Microcircuito (formerly ABI - Progetto Microcircuito) for its…

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Paragon software supports, tests ATM processing shift

August 9, 2007

HOLLY SPRINGS, N.C. - Alaska Option, an EFT network, and Pemco Technologies, a payments processor, recently formed an alliance to offer enhanced services to…

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Reg E change could boost self-service payments

August 9, 2007

Digital Transactions: Electronic transactions in self-service machines should get a boost from a Federal Reserve System rule change that was expected to take…

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Consolidating credit and debit processing

August 8, 2007

Do FIs benefit from consolidating their credit and debit-card processing with a single provider?

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NCR invests in contactless, NFC tech

August 7, 2007

DAYTON, Ohio - NCR Corp. has made a minority investment in Silicon Valley-based ViVOtech Inc., provider of payment terminals and software, to incorporate…

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AmEx pinched for money-laundering

August 6, 2007

CNN Money: American Express Co. has agreed to pay $65 million for failing to detect drug-related money transactions laundered through a subsidiary over…

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Visa, MasterCard push EMV in Australia

August 6, 2007

Inside Retailing: Visa and MasterCard are preparing multimillion-dollar marketing campaigns to roll out smart cards in Australia. The Europay, MasterCard…

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Postilion solutions get security validations from Visa

August 6, 2007

ATLANTA - Postilion, a division of S1 Corp., has received Visa Payment Application Best Practices validation for its applications used by banks and credit…

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B of A signs with Pulse for PIN debit

August 2, 2007

HOUSTON - Pulse EFT Association has reached a new agreement with Bank of America to renew and expand their relationship.   According to a news release, Pulse…

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Visa says merchant security is improving

July 31, 2007

SAN FRANCISCO - Visa USA says 96 percent of the large businesses that accept Visa cards have confirmed they are not storing sensitive account data.    "We…

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