ATMIA members meet with Fed bankers, X9 committee

January 16, 2014

Twelve ATM Industry Association members were among more than 50 guests at an invitation-only December meeting hosted by the Federal Reserve Bank of…

US government sends warning letter to retailers about ongoing breach investigation

January 16, 2014

Reuters reports that the U.S. government today sent a confidential 16-page letter to retailers, which it says "describes the malicious software and techniques…

You can't get rid of the fraud risk until you get rid of the card

With a safer, less expensive alternative available, is it security driving the move to EMV - or stakeholder interests?

Will uncertainty about debit routing delay MasterCard EMV dates?

January 14, 2014

Ever since the July 31, 2013, ruling by Judge Richard Leon that struck down not only the Fed's fee cap rules but also its debit routing scheme, the payments…

Nedbank manages rapid growth with transaction performance monitoring

January 14, 2014

Having grown by more than two million individual and small business clients over the last two years, South Africa's Nedbank recognized that, in the face of…

Puerto Rican CU cooperative moves to modernize

January 14, 2014

Credicentro Coop, MaunaCoop, CamuyCoop and CoopRincón created USIcoop in 2013 as a means to cost-effectively transform their enterprise technology. Their…

Credit card, prepaid spending up in December

January 13, 2014

Payments processor First Data Corp. has released its First Data SpendTrend analysis for the period of Dec. 3–30, 2013, as compared with Dec. 4–31, 2012.

HSBC expands DCC program

January 13, 2014

Following last year's successful rollout of FX FlexRate to ATM providers and merchants, London-based HSBC is extending its multicurrency pricing and dynamic…

Counting on currency again!

by Brendan Burge

With a New Year upon us, what better way to celebrate a fresh start than to relate a recent experience that highlights the persistent truth that we are…

Japan joins Asia-wide ATM network

January 9, 2014

NTT Data Corp., the Japan-based switching service that connects the ATMs of more than 1,300 financial institutions, has been admitted to the Asian Payment…

Report: Competition heats up between local, national debit networks

January 9, 2014

A new report from Mercator Advisory Group, "National Debit Networks: When Global Goes Local," offers an understanding of national debit networks, the rationale…

Data security bill makes another appearance in the Senate

January 9, 2014

In the aftermath of the recent data security breach at Target, Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., has reintroduced the Personal Data…

Maybank brings cardless ATM withdrawal to Malaysians

January 8, 2014

Maybank has introduced Malaysia's first P2P payments service that lets money transfer recipients withdraw cash from an ATM without the need for an ATM card.

MasterCard acquires Turkish payment solutions provider

January 8, 2014

MasterCard has announced the completion of its acquisition of Provus Bilisim Hizmetleri A.S., a Turkish independent payment solution and processing provider.

Consumers want real-time payments - from their primary FI

by Terry Dooley — SVP & CIO, ITS, Inc

A recent FIS study reiterates three key points regarding consumers and real-time payments. 

8 more arrests in $45M bank heist

January 8, 2014

Nearly a year after a bank job that siphoned off $45 million from two Middle East FIs, Spanish police have announced the arrest of another eight suspects…

Bitcoin ATMs bustin' out all over

January 7, 2014

Will 2014 be The Year of the Bitcoin ATM? On Jan. 2 Robocoin announced pending Bitcoin ATM installations in Hong Kong, Taiwan and Toronto.

Study: Real-time Payment Systems: A Global Opportunity

January 6, 2014

As more consumers and businesses move to electronic payments, countries around the world are implementing — or considering implementing — real-time payment…

Double-encrypted PINs provide extra layer of protection in breaches

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

As Target breach updates continue to roll out, PIN compromise is among the hot topics. The question as to whether PINs were exposed in the holiday-season…

NRF files formal appeal of controversial antitrust ruling

January 3, 2014

Two weeks before Christmas, when the ruling in a controversial antitrust lawsuit settlement covering credit card swipe fees came down in favor of Visa and…