Discover, Motorola announce mobile payments trial

February 15, 2007

RIVERWOODS, Ill. - Discover Financial Services, a business unit of Morgan Stanley and Motorola Inc., has announced plans to launch a mobile-payments and…

SURVEY: Consumers put spotlight on interchange

February 14, 2007

Digital Transactions: Results from a survey conducted by a merchant lobbying group indicate that 94 percent of consumers agree that card networks should be…

U.K.'s Office of Fair Trading expands probe into interchange fees

February 11, 2007

Reuters: Britain's consumer watchdog, the Office of Fair Trading, is expanding its inquiry into the interchange fees charged by credit card associations. The…

PCI Council hires general manager

February 11, 2007

Digital Transactions: Despite concerns over the recent hack at retailer TJX Companies Inc. as well as other data breaches, the Payment Card Industry…

MasterCard reports strong 4Q

February 8, 2007

The Associated Press: MasterCard Inc. said its fourth-quarter profit topped Wall Street expectations as strong consumer spending boosted transactions. The…

Biometrics at ATMs shows promise in Asia

February 7, 2007

BusinessWeek.com: Japanese banks have turned to devices that read fingers and palms for sizable ATM cash withdrawals. But will U.S. banks follow their lead?

E-payments overtaking paper checks

February 7, 2007

The Dallas Morning News: Debit and credit taking over checks as preferred consumer payment methods. Check writing has declined sharply since 1995. The Federal…

Axway's payment hub aims to support Europe's SEPA requirements

February 7, 2007

SCOTTSDALE, Ariz. - Axway Inc. has announced the release of its Axway Synchrony Payment Hub, a collaborative business solution dedicated to payment-flow…

Creative Benefits wraps integration with First Data, UMB

February 6, 2007

OMAHA, Neb. - Creative Benefits Inc., provider of FSA benefits and administrative services, has completed its integration with First Data Healthcare Services…

ATM cons go high-tech with cigarette-sized skimmer

February 1, 2007

The Nation: Two Frenchmen were arrested in Thailand for stealing ATM-card information, cloning the stolen cards and then selling them to people in Europe. The…

Arriva Card arrives at a milestone

February 1, 2007

LAS VEGAS - Less than six months after initial introduction, holders of the Arriva Card, the first credit card designed for use in casinos, have completed…

Allpoint ATM network welcomes ING Direct

February 1, 2007

Banknet360: ING Direct has signed a deal with Allpoint ATM network to allow ING's customers free access to Allpoint ATM machines. Allpoint is a division of…

Growth in U.S., Asia is focus for Wincor in '07

by Tracy Kitten — Editor, AMC

January 31, 2007

PADERBORN, Germany - Wincor Nixdorf International is focusing more attention on the United States and Asia, and it's making big investments to do it. …

ATMIA Debit Council releases best practices for POS security

January 31, 2007

LONDON - The ATM Industry Association's Debit Council has published Best Practices for Protecting the Point-of-Sale Lifecycle.   This is the first time the…

West Coast Bank launches nationwide fee-refund campaign

January 31, 2007

Earthtimes.org: West Coast Bank has announced a new ATM fee refund program designed to eliminate ATM access fees, including those from other bank's terminals.

Utah legislature votes to charge travelers ATM fees

January 31, 2007

Redorbit.com: The Utah House unanimously voted to allow local financial institutions to charge fees similar to those that foreign ATMs charge to American…

Wincor banks on services business to boost its U.S. market share

by Tracy Kitten — Editor, AMC

January 31, 2007

PADERBORN, Germany - Wincor Nixdorf International says it expects to increase its field-service support in the United States by 12 percent every month between…

Virtual ATM cards stymied

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Trouble for Entropia Universe's cash component.

JCB, Orix and Majid Al Futtaim partner for credit card services

January 28, 2007

TOKYO - JCB, Orix Corp., and Majid Al Futtaim Group have signed an agreement for a joint credit card business in the Middle East and North Africa, the…

Asian ATM network to launch

January 28, 2007

Bangkok Post: Thailand, Singapore, Malaysia and Indonesia are to set up a new electronic payment network that will go into effect within the next five years.