FDIC warns of entrepreneurial companies in mobile payments

by Kevin Christensen — Vice President, Audit, SHAZAM

In its winter edition of Supervisory Insights, the FDIC examines the evolving mobile landscape, concluding that two industry predictions in particular appear…

Why Europe needs the option to direct charge at ATMs

by Flora Hamilton — European Manager, ATMIA

Back in August 2011 I blogged that it was time for Europe to establish proper interchange or set up a structure for direct charging. Well, it comes as no big…

NACHA council issues guidelines for QR code use in bill payment

January 29, 2013

ATM operators who offer bill payment at their machines — or plan to — should take note of newly released guidelines for the use of QR codes for bill payment…

Retailers get power to add credit purchase surcharge

January 29, 2013

This week, merchants in 40 states gain the ability to surcharge customers who use credit cards for purchases. The change is one measure in the proposed…

FSS activates major ATM systems upgrade for State Bank of India

January 29, 2013

Financial Software & Systems Ltd., an Indian payment systems integrator and solution provider, has announced the implementation of new software and…

6 CUs select Fiserv account processing solution

January 28, 2013

Financial services technology company Fiserv Inc. has announced the signing of six credit unions to use the company's OnCU account processing platform, as well…

TSYS inks long-term agreement with Priority Payment Systems

January 25, 2013

TSYS has entered an agreement to provide full-service payment processing services for Alpharetta, Ga.-based Priority Payment Systems LLC, one of the…

UK consumer pub investigates ATM fees

January 25, 2013

The British consumer watchdog publication Which? recently published findings from a study of fee-free ATM availability in the U.K. The publication found the…

ASC X9 proposes exploring alternatives to EMV

January 24, 2013

Could there be an open, industry-based alternative to EMV? The Accredited Standards Committee X9 Inc. seems to think so.

Yalamanchili wins processing contract for new Indian electronic payment service

January 24, 2013

Indian firm Yalamanchili, a provider of software and white-label acquiring solutions, has been selected as processing provider for Saral Money, India's…

ABA, trade groups ask CFPB to delay intro of remittance transfer rule

January 22, 2013

Members of a variety of industry groups are asking the Consumer Financial Protection Bureau to delay implementation of its new rules for remittances. A delay…

TAS Group, B2 Payment Solutions partner on EMV migration services

January 22, 2013

TAS Group, a solution provider for EMV transaction acquiring, authorization and data preparation, and B2 Payment Solutions, a provider of consultancy, training…

MasterCard to share EMV solution with U.S. debit networks

January 22, 2013

MasterCard has announced that it is making some of the company's proprietary technology solutions available to other U.S. debit networks in order to facilitate…

A 'new generation' of ATM authentication?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

No fumbling for a smartcard required; this two-factor authenticating device needs only the touch of a finger.

SoftTech enables mobile prestaging at 5,000 IsBank ATMs

January 21, 2013

Istanbul, Turkey-based SoftTech has developed a new mobile service that integrates the mobile banking platform of Turkey's IsBank with the bank's ATMs. The…

A new generation of ATM authentication?

At the International Consumer Electronics Show 2013, Michel Delaux, CEO and co-founder of Bruz, France-based TazTag Inc. demonstrated his company's new…

Argentina caps ATM fee increases

January 18, 2013

In a Durbin-style move, Argentina's central bank is imposing limits on fees charged by retail banks. In this case, the action has been taken to relieve some of…

Himalayan Bank selects NanoSwitch

January 15, 2013

OMA Emirates – Solution Gulf has announced that Kathmandu, Nepal-based Himalayan Bank will use its NanoSwitch integrated banking switch and card management…

Canadian CUs' ATMs go 'ding-free'

January 14, 2013

A new multi-credit union program in Canada means that CU members have expanded access to ATMs across Canada that won't "ding" them for a surcharge. They also…

Shazam intros mobile app for debit cardholders

January 14, 2013

Shazam has announced the launch of Shazam Bolt$, an app for smartphones and tablets that allows financial institutions to offer their Shazam debit cardholders…