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Debit / Credit News & Media

DCS, Sistek ink Caribbean distribution deal

December 21, 2006

ENGLEWOOD, Colo. - Dynamic Card Solutions and Puerto Rican-based Sistek Inc. have signed a deal for the Caribbean distribution of DCS' hardware and CardWizard…

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WaMu responds to ATM fraud

December 21, 2006

(Los Angeles) DailyNews: Two hundred Washington Mutual customers had their debit cards compromised at a Washington Mutual ATM in Los Angeles. A skimming…

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ATM fraud threatens industry growth in Brazil

December 20, 2006

Business News Americas: Brazil's ATM industry is at risk of declining growth rates because of excessive fraud, according to a report released by Boston-based…

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H&R Block intros prepaid MasterCard

December 20, 2006

KANSAS CITY, Mo. - H&R Block announced Dec. 21 the launch of its Emerald Prepaid MasterCard, designed to support the direct deposit of payroll and other…

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ATM scam targets Florida residents

December 19, 2006

CFnews13: An ATM/debit card scam is reportedly making its way across Volusia County, Fla. More than 40 people have reported money was stolen from their bank…

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ATM technician steals nearly $300,000

December 19, 2006

Altoona (Pa.) Mirror: Former ATM technician Randal Scott Replogle, 40, is charged with stealing more than $281,000 from ATMs between October 2005 and August…

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First Data, Advanta renew card-processing deal

December 19, 2006

OMAHA, Neb. - First Data Corp. announced Dec. 20 that it has renewed a transaction-processing agreement with Advanta Corp., a subsidiary Advanta Bank Corp.

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Mercator launches EFT/ATM processor review

December 19, 2006

BOSTON - Mercator Advisory Group has launched its review of EFT and ATM processors' offerings. The report, available to financial institutions, examines debit…

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ATM ISOs in Korea shift gears

by

Korea's ISOs operate under a unique model. But heightened competition is forcing them to re-evaluate how they do business.

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Phoenix Interactive CEO named 'Woman Entrepreneur'

December 13, 2006

LONDON, Ontario - Kyle MacDonald, chief executive of Phoenix Interactive Design Inc., has been named Canadian Woman Entrepreneur by The Royal Bank of Canada.…

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Maxon, DeVoglaer join NetSpend exec team

December 13, 2006

AUSTIN, Texas - Prepaid card processor NetSpend Corp. announced Dec. 14 that Marlene Maxon and James DeVoglaer have been named to the company's executive…

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Illinois credit union joins Allpoint ATM network

December 13, 2006

Belleview News-Democrat: Illinois-based Scott Credit Union has joined the Allpoint ATM network, giving its more than 57,000 members access to 32,00…

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NBD, NCR ink ATM upgrade deal

December 12, 2006

AME: National Bank of Abu Dhabi has signed a multimillion-dollar deal with NCR Corp. to modernize its ATM network. The bank's ATMs are expected to be divided…

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Visa announces PCI-compliance rewards for retailers

December 12, 2006

StoreFrontBackTalk.com: Retailers' lack of response to Visa's PCI compliance fines has caused the credit card company to offer cash rewards for compliance.

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Industry comes together for data security

by Valerie Killifer — senior editor, NetWorld Alliance

As the credit card industry's 'big five' launch the PCI Security Standards Council, observers question how effective it will be.

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Discover gets endorsement from Independent Bankers Association of Texas

December 11, 2006

HOUSTON - The Independent Bankers Association of Texas has voted unanimously to endorse Discover Debit, a new signature-debit program developed jointly by…

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First Data buys Argentinean processor

December 11, 2006

BUENOS AIRES, Argentina - First Data International has completed its acquisition of Argencard, S.A., a leading processor of payment transactions in Argentina…

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Evertec, NYCE expand U.S. POS access

December 11, 2006

SAN JUAN, Puerto Rico - Evertec Inc., the ATH Network's processing arm for Latin America and the Caribbean, has inked a deal with NYCE Payments Network LLC, a…

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Green Dot, InComm sign prepaid distribution deal

December 11, 2006

LOS ANGELES - Green Dot Corp., provider of retailer-sold prepaid debit cards and operator of the Green Dot Financial Network, has signed a distribution deal…

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Indiana's unemployed to receive debit cards

December 11, 2006

The (Louisville, Ky.) Courier-Journal: State officials in Indiana say they're ready to roll out debit cards that will replace weekly checks mailed to…

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