Heartland hacker Gonzalez pleads guilty to compromise of 170 million cards

September 13, 2009

Albert Gonzalez, the 28-year-old hacker accused of stealing and reselling more than 170 million credit and debit/ATM card numbers, pleaded guilty this week to…

Judge will hear motions to dismiss class-action suit in Heartland data-breach case

by Tracy Kitten — Editor, AMC

September 9, 2009

Bank Info Security reports preliminary legal hearings have begun in the class-action lawsuit against Heartland Payment Systems, which was breached in 2008…

'Talking' ATM turns 10

by Lainey Feingold — lawyer, Law Office of Lainey Feingold

Commentary: Lainey Feingold, an attorney who for the last decade has carried the torch for ATM accessibility, looks forward to the 10-year anniversary of the…

Bill pushes ATM accessibility for blind in Philippines

by Tracy Kitten — Editor, AMC

September 7, 2009

Business Mirror reports that PROlife legislators in the Philippines are pushing for the early passage of a bill that would provide standards for visually…

Visa says it will prepay settlement funds in 'Wal-Mart' fee case, if court approves

by Tracy Kitten — Editor, AMC

September 3, 2009

Digital Transactions reports that Visa Inc. is expected to prepay $682 million of its $800 million settlement obligations with merchants under the Wal-Mart…

ABA plans for 21st anti-money laundering conference in D.C.

by Tracy Kitten — Editor, AMC

September 3, 2009

The American Bankers Association and the American Bar Association Criminal Justice Section have finalized plans for the 21st annual Money Laundering…

Maximizing self-service revenue with credit card processing

by

Commentary: The credit card-processing industry is far more complicated than it seems. To maximize self-service profitability, deployers must understand how…

Nigerian lawyers look for more government oversight of bank ATMs

by Tracy Kitten — Editor, AMC

August 19, 2009

Lawyers in Nigeria say Nigeria needs more laws that regulate the operation and transactions of ATMs. According to an article in Vanguard, lawyers insist that…

Ga.'s request for stimulus dollars gets rejected for NCR plant

by Tracy Kitten — Editor, AMC

August 18, 2009

The Wilmington (Ohio) News Journal reports that NCR Corp.'s move to Georgia has hit a bit of a stumbling block, where federal stimulus funds are concerned. The…

Man accused of biggest credit-card breach in U.S. history

August 16, 2009

According to an article just filed by The Washington Times, the Justice Department has charged a Miami man with perpetrating what is being coined "the largest…

Anti-money laundering regs in Canada could set example for U.S.

by Tracy Kitten — Editor, AMC

Efforts to combat organized crime and terrorism are taking root in Canada, and industry experts say the U.S. could be next.

Ky. bank says $415K security breach is not its problem

by Tracy Kitten — Editor, AMC

July 29, 2009

Financial security breaches are all over the news these days, from Heartland to TJX. In most cases, when consumer accounts and cards are compromised, the…

Wells in legal hot seat over ATM deposits

by Tracy Kitten — Editor, AMC

July 26, 2009

Courthouse News Service reports that California-based Wells Fargo's policy to keep extra money deposited at ATMs takes advantage of users.   In its July 2…

Unbanked government-assistance recipients give thumbs up to Treasury debit program

by Tracy Kitten — Editor, AMC

July 21, 2009

The U.S. Department of the Treasury has released new survey findings of Social Security recipients, following the launch of the Direct Express Debit MasterCard…

Romanian visitor gets 15 months for ATM skimming in Australia

July 15, 2009

The (Melbourne, Australia) Age: A Romanian farmer who went to Australia has been sentenced in Melbourne for skimming $33,000 from an ATM. Nicolita Pauna, 41…

7-Eleven asks consumers to help it fight interchange fees

July 12, 2009

East Valley (Phoenix) Tribune:  7-Eleven is asking customers to help it fight what 7-Eleven calls unfair credit-card transaction fees. The convenience-store…

MasterCard settles retailer antitrust suit for $335 million

July 12, 2009

TheStreet.com: MasterCard Worldwide Inc. plans to pay $335 million to settle a class action suit alleging it violated federal antitrust regulations. MasterCard…

Canadian Senate committee recommends oversight board for payments

July 9, 2009

Digital Transactions: A sweeping new report from a Canadian Senate committee recommends the federal government create a payment-system oversight board, ban…

TJX reaches $9.7 million settlement in multistate suit for data breach

June 30, 2009

Credit Union Information Security News: The TJX Companies Inc. says it has settled with a multistate group of 41 Attorneys General, resolving the states…

ATM repair tech helps himself to £6,500

June 30, 2009

North Hampton (England) Chronicle & Echo: An ATM engineer has been jailed for stealing almost £6,500 over a 16-month period from the ATMs he serviced and…