Discover to power new debit program for Old Second

July 22, 2013

Old Second National Bank, a 140-year-old community bank in the Chicago, has teamed with Discover to create the a debit card program powered by Discover Debit.

YourCash ATM network to launch Monex DCC

July 22, 2013

Monex Financial Services and YourCash Ltd. have signed an agreement under which YourCash will deploy the Monex Dynamic Currency Conversion across the its ATM…

Discover, Allpoint partner up

July 22, 2013

Surcharge-free network operator Allpoint Network, an affiliate of Cardtronics, and Discover Financial Services, the owner of the Discover card brand, have…

CSI, Bank of Wolcott forge technology partnership

July 19, 2013

Wolcott, Ind.-based Bank of Wolcott has selected financial solutions technology provider Computer Services Inc. to provide a new core platform and other…

The secret of the 'second screen'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Five reasons why, sooner or later, we'll all take mobile-initiated ATM transactions for granted.

EU drafts plan for interchange fee cap

July 17, 2013

The European Union might be closer to adopting its own Durbin-esque caps on network interchange fees that "restrict competition as they inflate the cost of…

Heartland to use Fractals to fight fraud

July 17, 2013

Payment processor Heartland Payment Systems Inc., a Fortune 1000 company, has chosen the Fractals fraud prevention and detection product from Alaric to monitor…

The war on cash

It's more like a war on choice.

KBC Bank Ireland opts for TSYS processing

July 15, 2013

TSYS  and KBC Bank Ireland have signed a multi-year payments agreement under which TSYS launch the KBC debit card portfolio in Ireland. TSYS will provide its…

The ATM in consumers' pockets

by Terry Dooley — SVP & CIO, ITS, Inc

The ATM and banking industries are continually working to embrace new technology, including mobile commerce. ATMs can cost-effectively provide the link between…

M-PESA meets Bitcoin with new service in Kenya

July 12, 2013

Known as one of the most innovative — and to date, successful — mobile money programs in the world, Kenya's M-PESA is now dabbling in virtual currencies thanks…

SAVVI test tool intros simplified Visa terminal integration

July 12, 2013

Terminal integration test results for Visa can now be automatically formatted for direct online submission to the card company, thanks to an enhancement of…

June ATM cash withdrawals in S Africa hit new high

July 12, 2013

South Africa's average cash withdrawal values in June reached a new high for the year at R475.98 ($47.46), an increase of 2.5 percent over the previous month…

Unwrapping the riddle of Bitcoin (infographic)

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Everyone's talking about the virtual currency, but does anyone really understand it?

Have you talked to your legislators lately?

by Kevin Christensen — Vice President, Audit, SHAZAM

Just like average Americans, U.S. financial institutions vary in how involved they like to get in the world of law-making. Whereas some take full advantage of…

ATMs and prepaids: plugging the unbanked into traditional financial services

For those outside the banking system, the ATM can be the payments hub for "plugging in" to a modern economy.

More regulation isn't the answer to breach losses

by Kevin Christensen — Vice President, Audit, SHAZAM

Data breaches have become somewhat of a fact of life for those of us in the payments field. For financial institutions, unfortunately, these breaches have also…

Community Bank goes with DNA account processing

July 9, 2013

Glen Ellyn, Ill.-based Community Bank - Wheaton/Glen Ellyn has selected the DNA account processing platform from Open Solutions, now part of Fiserv.

Polish banks partner on new mobile payment standard

July 8, 2013

Poland's largest banks are teaming on a new mobile payment and mobile banking standard scheduled for launch later this year.

Fiserv ranked No. 1 in e-bill payment

July 3, 2013

Fiserv Inc. has been recognized as the top online and mobile bill payment processor in a recent report by Aite Group, a financial services research firm. In…