Jordanian FI updates payment processing, reaps benefits

April 3, 2014

In 2012, Jordan Kuwait Bank decided to replace its legacy payments solution to advance its ambitious growth plans — including the eventual expansion of its ATM…

PCI compliance for acquiring financial institutions

by Kevin Christensen — Vice President, Audit, SHAZAM

In my last post, I took a look at the question, "Does our financial institution need to be PCI compliant?" While the short answer is yes, the long answer is…

Global Payments, Caesars expand relationship

April 2, 2014

Global Payments Inc., a provider of payment solutions, has announced the expansion of the company's agreement with Caesars Entertainment Corp. Global Payments…

FIS licenses Visa EMV debit solution

April 1, 2014

FIS and its wholly owned subsidiary, NYCE Payments Network LLC, have entered a licensing agreement that will make the Visa EMV debit solution available to all…

UK bank regulators to investigate IT outages

April 1, 2014

British financial regulators have announced their intention to investigate the IT systems of U.K. FIs. This follows a number of high profile outages that have…

British consumers nearly double their mobile banking transactions

April 1, 2014

British consumers last year moved away from conducting bank transactions at branches and nearly doubled their use of mobile banking channels, according to a…

Cash for me -- and I won't be quiet about it!

by Ron Delnevo — Chairman, Cash and Card World

I have a confession to make: I love cash! Further confession: I don't really care how it is delivered, just that it is!

Bitcoin dominates discussion at CoinSummit

by Will Hernandez — Editor, NetWorld Media Group

Virtual currency backers met in San Francisco to debate topics ranging from mainstream acceptance to regulation.

Acquirer Systems qualifies end-to-end D-PAS test solution

March 27, 2014

Dublin-based enterprise test and validation specialist Acquirer Systems has announced that its end-to-end certification solution has been qualified with…

Pulse, Visa to share common AID

March 27, 2014

Visa Inc. and Pulse, a Discover Financial Services company, have signed an agreement that will allow FIs to issue EMV debit cards on both the Visa and Pulse…

Collis test tool OK'd to simulate TCI test cards for JCB

March 27, 2014

UL has announced that its Collis Brand Test Tool has been qualified by JCB to simulate the terminal check for implementation test card (version 1.2). Acquirers…

The interactive ATM: 'It requires a new way of thinking'

An Atlanta banker says realizing new efficiencies from an interactive teller device requires a new operational mindset.

Fed study documents rise of mobile banking

Study finds that ATMs still rank high among banking channels, but the impact of mobile on service delivery is growing.

US Bank e-payment kiosk lets businesses collect funds on the spot

March 26, 2014

A new e-payments kiosk service from U.S. Bank Global Treasury Management allows utilities, government entities, nonprofits and other businesses to collect…

Research: Strong growth continues in China's e-payments market

March 25, 2014

When the Chinese electronic payment market truly opens to international competition, international payment players are likely to find a relatively mature…

Appeals court upholds Federal Reserve's 21-cent debit card swipe fee cap

March 21, 2014

A federal appeals court has today handed down a ruling in a back-and-forth drama that grew out of the 2010 Dodd-Frank Consumer Protection and Wall Street…

Diebold FCU pilots card-free, PIN-free ATM

March 21, 2014

The brand-spanking new ATM at the Diebold Federal Credit Union boasts neither an EMV card reader nor an EPP7 keyboard. Such security measures are both…

FIS expands security service portfolio through acquisitions

March 21, 2014

Banking and payments technology provider FIS has acquired ICS Risk Advisors and Memento Inc., two firms in the risk, fraud and compliance market. In a news…

'Insiders Guide' delivers in-depth detail on PCI DSS 3.0 updates

March 20, 2014

The PCI Security Standards Council has announced a new online training resource, "An Insider's Guide to PCI DSS 3.0." The guide focuses on the intent…

Awesome: California gets its first Bitcoin ATM

March 20, 2014

It's probably about time Silicon Valley got its own Bitcoin ATM. Today, California's first will debut at the 500 Startups' Bitcoinferance in Mountain View…