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EMV News & Media

Bank of New Zealand caught in cross-border ATM fraud

April 10, 2006

Finextra: Cards skimmed from Bank of New Zealand ATMs have been used by criminals in Toronto to steal N.Z. $49,000 (U.S. $29,890) from customer accounts in an…

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New Zealand builds out EMV infrastructure

April 9, 2006

ePaynews.com: New Zealand's national payment network, Paymark, is soon expected to accept and process EMV chip-card transactions. Westpac Bank completed the…

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Vietnam prepares EMV infrastructure

April 9, 2006

ePaynews.com: In Vietnam, more than 4,400 EMV chip-card-accepting terminals are in use. By year-end, most card-acceptance points should be converted and ready…

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ATM scams highlight need for smart cards

April 2, 2006

Stuff: New Zealand's first ATM skimming fraud has netted almost $50,000 (U.S. $35,900) and triggered suggestions that banks should follow overseas examples and…

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U.K. could pose problems for traveling Visa cardholders

April 2, 2006

The (San Jose, Calif.) Mercury News: British banks are switching over to a new type of Visa credit card that requires use of a PIN for every transaction.

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Seven arrested in PIN-hack case

April 2, 2006

Digital Transactions: Authorities nabbed seven individuals this week as part of the U.S. Secret Service's newly disclosed Operation Rolling Stone undercover…

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Belgian communications company moves toward SEPA compliance

March 23, 2006

BRUSSELS, Belgium - Eufiserv Sc is moving forward with an ATM card scheme to comply with the Single Euro Payment Area Cards Framework. According to a news…

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Visa's mini contactless payment card launches

March 23, 2006

The Wisemarketer: Visa USA has launched a new Visa Contactless Mini Card - a small form-factor contactless payment card (about half the size of a traditional…

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Bahrain bank outsources ATM service to Euronet

March 21, 2006

Gulf Daily News: Bahrain Islamic Bank is outsourcing its ATM network and credit card management to Euronet Middle East, a joint venture between Euronet World…

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TietoEnator to promote Level Four as ATM testing vendor

March 20, 2006

LONDON - Level Four Software, the leading provider of open standards-based ATM testing and development software, has signed a licensing agreement with…

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Lloyds improves ATM security

March 19, 2006

Silicon.com: Lloyds TSB is installing anti-skimming devices on all of its U.K. ATMs, as bank research reveals fraud is scaring people away from cash machines.

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System leak compromises debit cards

by Tracy Kitten — Editor, AMC

A system is only as strong as its weakest link - an adage proven true last month when news of the most widespread debit-security breach ever hit the Internet…

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Saudi FI signs ATM software deal with Level Four

March 8, 2006

LONDON - Saudi Arabia's Al Rajhi Bank selected Level Four Software, a provider of open standards-based ATM testing and development software, to introduce…

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Smart-card maker's revenue, profit improve

March 8, 2006

MarketWatch: Smart-card maker Axalto reported a 1.4 percent increase in annual profit to $57.1 million, with revenue up 3.3 percent to $992 million. The…

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RESEARCH: Putting identity theft into perspective

March 5, 2006

EMV cards provide consumers secure POS payments and ATM cash withdrawals. Now one expert explores the role EMV cards could play elsewhere in ensuring consumer…

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EMV standards could slow compliance with 2010 SEPA deadline

March 5, 2006

ePaynews.com: Interoperability issues between EMV-based card terminals and bank acquirers' host systems are predicted as the SEPA deadline of 2010 nears. Under…

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RBS to road-test contactless card

February 26, 2006

EFMA: The Royal Bank of Scotland is expected to road-test Mastercard's PayPass contactless debit card in Europe this summer. Mastercard wants to convince…

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Dynasty Technology signs EMV deal with financial-transaction, card-management provider

February 21, 2006

MADRID, Spain - Dynasty Technology Group, which develops and markets Java tools for the financial market used in more than 20 countries, announced a…

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South African banks gearing to issue EMV cards

February 7, 2006

ePaynews.com: South Africa's banks are expected to switch customers to EMV chip cards in the next half-year. Banks had to adapt customer-facing channels such…

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SURVEY: U.K. retailers value chip and PIN tech

February 7, 2006

ePaynews.com: U.K. retailers favor chip and PIN payments, according to a Visa survey. Eighty-one percent of respondents welcome the drop in fraud, and 67.…

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