Wells Fargo call-center employee charged with stealing accountholder info, opening ATM, debit cards

August 17, 2009

The Sacramento (Calif.) Business Journal reports that one of Wells Fargo's bank call-center employees was arrested Friday for accessing customer accounts and…

Fiserv reports net income increase for Q2

by Tracy Kitten — Editor, AMC

August 17, 2009

Fiserv Inc. released its second-quarter earnings last month, reporting a revenue dip and a net income increase from the same period last year.   For Q2 2009…

Cardlytics converts debit to 'virtual coupon,' builds on Cap One's decoupled debit program

by Tracy Kitten — Editor, AMC

August 13, 2009

Scott Grimes is introducing a next-generation debit-reward program that gives debit cardholders cost-free rewards. According to an article in Digital…

PNC renews deal with First Data Corp.

August 13, 2009

The Pittsburgh Business Times reports that Pittsburgh-based PNC Financial Services Group Inc. has renewed and expanded its agreement with First Data Corp. of…

Coinstar, TIO banking on the cash-preferred

The two companies have joined forces for a pilot program that will offer TIO's billpay services at existing Coinstar locations.

Hancock Bank signs with NCR for online banking solution, improves small biz needs

by Tracy Kitten — Editor, AMC

August 12, 2009

Hancock Bank, a $7 billion financial institution with branches in Mississippi, Florida, Alabama and Louisiana, has launched a customized online…

KeyBank signs with Fiserv's Mobile Money

by Tracy Kitten — Editor, AMC

August 11, 2009

Cleveland-based KeyBank has signed with Fiserv Inc. for its Mobile Money platform. The bank, which has $98 billion in assets, has chosen Mobile Money to…

Mitek's mobile deal with Fiserv could spur adoption of mobile banking, check deposit capture

by Tracy Kitten — Editor, AMC

August 11, 2009

Mobile remote deposit capture of checks is taking off, and Digital Transactions reports that Mitek Systems Inc.'s deal with Fiserv Inc. will likely spur more…

Heartland says security breach cost the company $12.6 million

by Tracy Kitten — Editor, AMC

August 10, 2009

The Heartland Payment Systems Inc. card breach that hit countless U.S. cardholders in February wound up costing the nation's sixth-largest payment processor…

Ask the Experts: Self-service bill-payment drives traffic, revenue

Hamed Shahbazi, CEO of TIO Networks Corp., discusses how bill-payment kiosks can benefit a retail establishment.   

PCI questioned after another data breach and debit, credit cardholder compromise

by Tracy Kitten — Editor, AMC

August 9, 2009

CU Info Security reports that a recent data breach at Internet domain administrator and host Network Solutions compromised more than 573,000 credit and debit…

First Internet Bank offers contactless debit card

August 6, 2009

INDIANAPOLIS — First Internet Bank has announced it is issuing debit cards that include the Visa payWave feature. These contactless debit cards promise First…

Travelex says it won't charge ATM fees on withdrawals made with its prepaid travel card

by Tracy Kitten — Editor, AMC

August 4, 2009

Travelex says it will abolish fees for ATM cash withdrawals made with its prepaid Cash Passport card, according to a news story from Finextra. The…

U.S. Bank is first domestic bank to offer instant issuance of Visa payWave cards

by Tracy Kitten — Editor, AMC

August 3, 2009

U.S. Bank says it is now the first card issuer in the United States to add Visa payWave technology to an unembossed debit card. The cards are instantly issued…

Bank of South Pacific, Norkom sign deal to combat growing financial fraud

by Tracy Kitten — Editor, AMC

August 3, 2009

Bank of South Pacific Ltd. has announced a deal with Norkom Technologies to launch Norkom's fraud-prevention solutions across its enterprise. The solutions…

Fiserv celebrates 25 years in financial services, processing

July 30, 2009

Brookfield, Wis.-based Fiserv Inc. celebrates its 25th year of business today. The company was created in 1984, when Tampa, Fla.-based Sunshine State Systems…

Fiserv launches Mobile Money, Mobile Money FastTrack for mobile banking

by Tracy Kitten — Editor, AMC

July 30, 2009

Fiserv Inc. announced this week its new mobile financial services solutions Mobile Money and Mobile Money FastTrack. The solutions were developed with M-Com…

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…

U.S. companies partner to kick-start mobile barcode usage, tech

by Tracy Kitten — Editor, AMC

July 29, 2009

NeoMedia Technologies Inc. and Mobile Tag Inc., both providers of mobile barcode technology, have announced a patent licensing agreement for machine-readable…

MasterCard, Visa report strong earnings for Q2

July 29, 2009

MasterCard Worldwide and Visa Inc. both reported strong or better-than-expected earnings for the quarter. According to Reuters, MasterCard's raised fees and…