CardinalCommerce, STAR Network partner for PIN debit service initiative

November 9, 2011

CardinalCommerce and the STAR Network today announced that STAR, an electronic funds transfer network, has signed a non-binding letter of intent to participate…

ATMIA, Tremont Capital release Visa/Plus impact on IADs study

November 2, 2011

The ATM Industry Association and Tremont Capital Group, a consulting firm specializing in the ATM industry, have announced the completion of a proprietary…

Wells Fargo abandons monthly debit fee pilot program

October 30, 2011

According to Bloomberg.com, Wells Fargo & Co. has abandoned plans to charge a $3 monthly debit card fee after the program was met with customer opposition.

ATM card circulation in Canada predicted to reach nearly 125 million by 2016

While card circulation is increasing, withdrawals are decreasing.

South African Paycorp Holdings achieves PCI compliance

October 26, 2011

Paycorp Holdings, a Southern African payments company, has achieved PCI DSS compliance, according to a company press release. Paycorp Holdings and its three…

Euronet reports third quarter 2011 financial results

October 25, 2011

Transaction processing company Euronet Worldwide Inc. yesterday reported its third quarter 2011 financial results.

Senator Durbin questions Wells Fargo about debit fees

by Kim Williams — Reporter, NetWorld Alliance

The bank posted record profit results this week, prompting inquiries into the need for debit fees.

Report discusses negative impact of Durbin Amendment on banks, consumers

by Kim Williams — Reporter, NetWorld Alliance

Merchants aren't incentivized to pass savings on to consumers, according to findings.

Another ATM surcharge fee lawsuit for Visa and MasterCard also includes three major banks

October 19, 2011

According to the Washington Post, yet another lawsuit over ATM surcharge fees has been filed against Visa and MasterCard and three major banks accusing them of…

ATM card users also suing Visa, MasterCard over fees

October 18, 2011

Following a recent lawsuit filed by ATM operators against Visa and MasterCard for allegedly imposing contract terms that force them to charge consumers set…

Five tips for financial institutions launching deposit automation

Phoenix Interactive executive VP offers advice on how FIs can avoid the pitfalls of a deposit automation project.

Smart Card Alliance Payments Summit 2012 will offer 'all payments' agenda

October 17, 2011

The Smart Card Alliance today announced that its Payments Summit will return for 2012 with an "all payments" agenda, covering every leading transaction…

PULSE, NetWorks ink deal for broader ATM, POS acceptance

October 13, 2011

Debit and ATM network PULSE has signed a long-term, point-of-sale and ATM acceptance agreement with NETS Inc. (NetWorks), an electronic funds transfer services…

EPC supports Durbin Amendment repeal

October 13, 2011

According to Bank Tech.com, the Electronic Payments Coalition has announced its support for legislation repealing the Durbin Amendment for debit interchange…

Independent ATM operators file antitrust suit against MasterCard, Visa

October 11, 2011

According to the Washington Post, independent ATM operators filed a lawsuit Wednesday accusing MasterCard and Visa of imposing contract terms that force them…

Regulation E protects consumers, not businesses

by Robert Siciliano — speaker, IDTheftSecurity.com

Consumers enjoy a certain level of protection that business bank accounts do not, and it’s called “Regulation E.”

BAI: NCR and INETCO sign software agreement combining solutions

October 10, 2011

NCR Corp. and INETCO Systems Ltd., a provider of business transaction management solutions, have signed an exclusive software relationship that combines NCR's…

Reliable Wireless Connections Enable ATM Expansion

Indonesia's largest bank teams with Australian-based Symstream Technology Group to bring financial services to rural, hard-to-reach locations.

Triton releases TDL Gateway wireless modem

October 2, 2011

Today Triton Systems announced the availability of the TDL Gateway wireless modem, designed specifically for Triton ATMs that operate on MS Windows CE over…

Report: ATM surcharge fees increase nationwide for seventh consecutive year

by Kim Williams — Reporter, NetWorld Alliance

Industry experts cite the regulatory climate as the reason behind the higher fees.