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…

Card use picks up in Australia, but cash still dominates most transactions

July 7, 2009

WA Today (Australia): Australia remains a cash-based society but the use of plastic credit and debit cards is growing. A Reserve Bank of Australia study of…

MoneyGram signs money-transfer deal for ATMs with Saudi bank

July 6, 2009

Forbes: MoneyGram International Inc. has signed a deal with National Commercial Bank, the largest bank in the Middle East, to offer a money transfer service at…

MoBank launches mobile banking, payment service

July 6, 2009

The Guardian: Steve Townend and Dominic Keen founded MoBank in 2007 and have now launched the mobile banking and payment service. The company is privately…

Impact of Heartland data breach still felt, Suncoast reports new debit fraud losses

July 5, 2009

Credit Union Information Security News: A Tampa, Fla.-based credit union has notified 56,000 of its members that its Visa check cards were exposed to fraud as…

Colo. bank signs with Bling Nation for 'push' debit payments

July 5, 2009

PALO ALTO, Calif. — Bling Nation is providing La Junta, Colo.-based The State Bank with the Bling Nation Community Payments Service, a contactless local debit…

BAI optimistic about RD, despite economy

by Tracy Kitten — Editor, AMC

Historically known as being the premier ATM event of the year, this year's RD expo in Boston is likely to have fewer exhibitors but more interaction.

Sino Payments enters Asia — an $18.6 trillion card-processing market

June 30, 2009

HONG KONG — Sino Payments Inc., which provides credit and debit card processing services to supermarket and retail stores in Asia, is deploying its proprietary…

TJX reaches $9.7 million settlement in multistate suit for data breach

June 30, 2009

Credit Union Information Security News: The TJX Companies Inc. says it has settled with a multistate group of 41 Attorneys General, resolving the states…

Shell service stations in Germany sign with Wincor for upgraded cash management

June 30, 2009

PADERBORN, Germany — Postbank customers can now pay their fuel bills at Shell service stations and withdraw cash as stations in Hamburg, Germany, have been…

First Bankcard renews ABA alliance

June 29, 2009

OMAHA, Neb. — First Bankcard, a division of First National Bank of Omaha (FNBO), has renewed its relationship with ABA Total Business Solutions, a subsidiary…

Collis adds French Carte Bancaire card validation to Collis EMV PVT

June 28, 2009

LEIDEN, Netherlands — Collis has announced its implementation of the French domestic debit scheme, Carte Bancaire, module to the Collis EMV Personalisation…

Wincor Nixdorf partners with mobile specialist for new mobile banking offers

June 25, 2009

PADERBORN, Germany — Sevenval GmbH, a technology specialist in mobile Internet portals, and Wincor Nixdorf International have formed a strategic partnership…

Delta Community Credit Union signs with Fiserv for mobile banking solution

June 25, 2009

BROOKFIELD, Wis. — Fiserv Inc., a global provider of financial services, has announced that Delta Community Credit Union, one of the nation's largest credit…