Credit Union 24 adds two FIs, renews 17 for its ATM, POS network

by Tracy Kitten — Editor, AMC

July 26, 2009

Credit Union 24 has announced two new deals and 17 renewals with U.S. credit unions for participation in its ATM and POS network.   Royal Credit Union of Front…

Postilion enables mobile prepaid offers for retail tech company in Europe

by Tracy Kitten — Editor, AMC

July 23, 2009

Postilion, a division of S1 Corp., has announced a deal with Zapa Technology to provide its core payments platform for Zapa's new mobile prepaid top-up…

Targeting the unbanked, cash-preferred is focus of new Visa direct-deposit card

by Tracy Kitten — Editor, AMC

July 23, 2009

It's a growing trend: Targeting the unbanked. And one Houston-based company is using the domestic credit crunch as a way to get its foot in the market. …

India's Yes Bank signs unique ATM placement deal with First Data

July 23, 2009

The Economic Times in India reports that Yes Bank has signed an ATM-deployment deal with United States-based First Data Corp. that includes the placement of…

Mobile apps taking off in payments space, one ISO proves

by Tracy Kitten — Editor, AMC

July 23, 2009

Mobile technology is getting more media coverage than ever before. Digital Transactions reports this week that the concept of using smart phones as mobile…

Australia's NAB, ISO Cuscal sign deal to create network of 3,100 ATMs

by Tracy Kitten — Editor, AMC

July 20, 2009

National Australia Bank Ltd. has joined Cuscal's rediATM network, creating one of the largest ATM networks in Australia.   The joint venture includes more than…

PULSE extends debit, ATM network deal with U.S. Bank

July 16, 2009

HOUSTON — PULSE has extended its relationship with U.S. Bank in a long-term agreement that provides U.S. Bank customers with PIN debit and ATM services. …

South Africa's Absa bank goes live with BASE24-eps from ACI Worldwide

July 16, 2009

NEW YORK — South Africa-based Absa Group Ltd., a member of the Barclays Group, has gone live on ACI Worldwide Inc.'s BASE24-eps, a software for online payments…

Three credit unions join Credit Union 24 ATM, POS network

July 15, 2009

TALLAHASSEE, Fla. — Credit Union 24 has signed Cloverbelt Credit Union of Wisconsin, one of the nation's oldest credit unions, for inclusion in its ATM and POS…

Virginia's Lynrocten Federal Credit Union joins Credit Union 24 ATM, POS network

July 14, 2009

TALLAHASSEE, Fla. — Credit Union 24 has signed Virginia-based Lynrocten Federal Credit Union, one of the oldest credit unions in the nation, to its ATM and POS…

Gemalto gets Visa, MasterCard certification for global banking card in Saudi Arabia

July 14, 2009

AMSTERDAM, Netherlands — Gemalto has announced that its Optelio banking card has been certified to the Saudi Arabian Monetary Agency requirements.   According…

N.H. man charged $23 quadrillion and a fee by B of A

July 14, 2009

The Boston Globe:  Josh Muszynski of New Hampshire says he swiped his Bank of America debit card at a gas station to buy a pack of cigarettes and his bank…

Ingenico launches the contactless mobile payment terminal

July 13, 2009

FIFE, England — Ingenico has launched the EFT930 Mobile Colour Contactless payment terminal, combining contactless technology with a color screen — paving the…

European banks consider new debit scheme to compete with MasterCard, Visa

July 12, 2009

American Banker: European banks could start a company in October that would develop a debit card system to compete against MasterCard Inc. and Visa Inc. The…

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…

As Canada ramps up its EMV migration, pressure on the U.S. intensifies

As EMV gaps close throughout the world, the payments industry is closely watching the United States — a final EMV holdout.

TIO Networks adds 5,000-plus transaction endpoints through new partnership

July 8, 2009

BURNABY, British Columbia — TIO Networks Corp., a multichannel expedited bill-payment processor, has announced that Budget PrePay Inc., one of the United…

Banelco in Argentina reduces ATM testing time with Paragon's ATMulator

July 7, 2009

HOLLY SPRINGS, N.C. — Banelco, a leading ATM network in Argentina, recently licensed software from Paragon Application Systems to simulate and test its ATMs…