Regulation / Legislation News & Media
First Data says revenue is up 10%
July 20, 2006
DENVER - First Data Corp. July 20 announced a 10-percent revenue increase during the second quarter, up from $2.6 billion last year. According to the company's…
read nowWal-Mart bank charter application raises fears
July 19, 2006
International Herald Tribune: Rep. Barney Frank, D-Mass. and Rep. Paul Gillmor, an Ohio Republican, introduced a bill this week to bar nonfinancial companies…
read nowStability returns to Scott Tod after takeover deal
July 19, 2006
ShareCast: Independent U.K. ATM deployer Scott Tod, which has already agreed to a takeover offer, said trading is more consistent than it has seen for some…
read nowOregon PD taps FBI for help with debit, ATM scam
July 9, 2006
KOB-TV, Channel 15: Police in Ashland, Ore., are working with the Federal Bureau of Investigation to help crack a spree of bank-account thefts. An estimated…
read nowPCI-compliance rates expected to rise
July 9, 2006
Digital Transactions: About 23 percent of the United States largest U.S. merchants now comply with the Payment Card Industry data-security standard, according…
read nowOffice of Fair Trading reports Link's ATM innovations
July 6, 2006
NORTH YORKSHIRE, England - The Office of Fair Trading has published a report about Link Interchange Network Ltd.'s governance and access arrangements, looking…
read nowCongress pushed to address data security
July 6, 2006
Digital Transactions: With the loss or theft of computerized personal information making headlines almost daily, lawmakers are scrambling for solutions for…
read nowATM thieves busted via GPS tracking device
July 6, 2006
United Press International: Thieves who hotwired a forklift and used it to steal an ATM in California were busted when sheriff's deputies tracked the machine…
read nowMoneyPass, Fastbank Free surcharge-free ATM networks merge
July 5, 2006
ST. PAUL, Minn. - Elan Financial Services and Genpass (bought by U.S. Bank in May 2005) have completed the merger, announced earlier this year, of their…
read nowVisa USA, First Data to settle payment-processing dispute
July 4, 2006
SAN FRANCISCO - Visa USA Inc. and First Data Corp. announced July 5 that they have agreed to settle a legal dispute, pending since 2002, over the processing of…
read nowATM scam spans India, U.K.
June 28, 2006
CyberMedia India Online Ltd.: A team of fraudsters in Europe is suspected of being involved in a rash of fraudulent transactions made through ATMs, debit cards…
read nowTRM completes sale of its U.K. photocopier business
June 28, 2006
PORTLAND, Ore. - TRM Corp. announced June 28 that it has closed the sale of its U.K. photocopier business, TRM Copy Centres Ltd., to U.K.-based Digital …
read nowTheft ring charged with ATM-card compromise broken
June 25, 2006
TMCnet: Seventeen Tucsonans who bought 4,500 stolen ATM card numbers over the Internet - and withdrew more than $1 million from ATMs - are expected to face…
read nowThird-party providers, Diebold come together at San Antonio conference
by Tracy Kitten — Editor, AMC
Nearly two years after FSPA filed an anti-trust complaint against Diebold, the two factions have started talking. At FSPA's annual conference last week…
read nowFirst Data dumps shares in ailing ATM ISO
June 21, 2006
DENVER - First Data Corp. reported its Cardservice International unit has sold off much of its stake in troubled ATM operator Global Axcess Corp. Cardservice…
read nowTRM refinances debt
June 13, 2006
PORTLAND, Ore. - After months of struggle, TRM Corp. has completed the refinancing of its principal debt, the company announced in a press release, and is no…
read nowFirst Data completes acquisition of German company
June 13, 2006
DENVER - First Data International completed its acquisition of Germany-based GZS, a card-based payment-transactions processor, the company announced in a press…
read nowCheq Information Technology products become RoHS/WEEE compliant
June 11, 2006
LAS VEGAS - The Cheq-IT XPress range of Cheq Information Technology Inc.'s image scanners are in compliance with the European Economic Community (EEC…
read nowFirst Data moves forward with Western Union spin-off
June 7, 2006
DENVER - Plans for First Data Corp.'s spin-off of its Western Union business continue to move forward. First Data has filed for the separation of Western Union…
read nowData security: Burglar nabs YMCA laptop, data for 65,000 members stolen
June 6, 2006
Digital Transactions: Credit and debit card data linked to about 65,000 Providence, R.I., YMCA members was exposed after a burglar broke into a locked office…
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