Metavante names new CFO

July 1, 2007

MILWAUKEE - Metavante Corp., the financial technology subsidiary of Marshall & Ilsley Corp., has named Timothy C. Oliver, 39, its senior executive vice…

Capital One intros 'open' card for debit, credit

June 27, 2007

SmartMoney.com: Capital One Financial is rolling out an innovative debit card that could change how financial institutions and consumers approach debit cards…

BREAKING: Fla. mortgage processor to buy eFunds for $1.8 billion

June 27, 2007

Reuters: Mortgage processor Fidelity National Information Services Inc. announced this week that it plans to buy eFunds Corp. for $1.8 billion. The deal is…

RESEARCH: ATM-market growth soars in Central, Eastern Europe

June 26, 2007

Following ATM growth of 27 percent in 2005, Central and Eastern Europe grew another 24 percent in 2006.

TIO reports 40% jump in revenue, continued net loss

June 25, 2007

BURNABY, British Columbia - TIO Networks Corp. reported revenue and transactional increases for the third quarter of fiscal year 2006/2007, which ended April…

China Construction seeks to sell 4% stake

June 18, 2007

Charlotte (N.C.) Business Journal: China Construction Bank Corp. is working to sell nearly 4 percent of its shares on the Shanghai Stock Exchange. In June…

First Data product combines data, analytics

June 18, 2007

OMAHA, Neb. - First Data Corp. has announced the launch of a family of analytic solutions designed to improve business performance. The new family is called…

Chase issues cards for unemployed in Texas

June 17, 2007

BankNet 360: The Texas Workforce Commission has signed a deal with JPMorgan Chase & Co. for the provision of Visa debit cards that carry unemployment…

First Data expected to vote on company sale

June 17, 2007

The Associated Press: First Data Corp. has set June 21 as its shareholder-vote date regarding the company's proposed buyout by an affiliate of private-equity…

Hedge fund takes stake in eFunds

June 17, 2007

Reuters: Scoggin Capital Management has taken a 6.8 percent stake in eFunds Corp, according to a recent regulatory filing. The New York-based hedge fund said…

Wal-Mart launches prepaid card to expand financial services

June 14, 2007

American Chronicle: Wal-Mart Stores Inc.'s new prepaid offering, the Money Card, carries a $3,000 prepaid limit and will be offered to every shopper that buys…

VeriFone worth improves after smart-card deal with Chinese bank

June 14, 2007

Forbes: VeriFone looked fine to Wall Street after announcing a major contract with the China Postal Savings Bank. The company's shares rose $3.17 to $35.83.

CUBC, Postilion to offer business-services package to credit unions

June 12, 2007

ATLANTA - CU Business Capital LLC and Postilion, a division of S1 Corp., have launched a joint sales and marketing effort to provide Postilion's Member…

Contactless and the ATM?

The industry ponders the impact contactless tech will have on the ATM.

Filipino banks explore ways to cut ATM fees

June 6, 2007

(Philippines) Balita: Banking regulators in the Philippines are looking for ways to spur surcharge-free ATM networks that would provide more than 18 million…

ACI works to promote SEPA compliance

June 6, 2007

Computer Business Review: Electronic payment-systems-software provider ACI Worldwide has announced a contract that will see its BASE24-eps software deployed…

UMB extends deal with Pulse

June 5, 2007

HOUSTON - UMB Financial Corp. has extended its PIN-debit-network services deal with the Pulse EFT Association, Pulse announced in a news release.   UMB is an…

ATM-related fraud drops in U.K., education efforts heightened

June 5, 2007

WEST SUSSEX, England - Link Interchange Network Ltd. has released tips to help consumers avoid ATM-related fraud.   The announcement trails the release of the…

Case against Ore. ISO may not be last

June 4, 2007

Digital Transactions: A case filed by the Federal Trade Commission against an independent sales organization in Beaverton, Ore., may not be the last action…

E-payments expected to double in India

May 30, 2007

ePaynews: Electronic transactions are expected to double in India over the next three years because of concerted efforts by the Reserve Bank of India, banks…