'A minimal portion of the actual damages incurred'

April 21, 2015

Through their court-appointed lead counsel, FIs are lambasting the proposed $19 million settlement agreed upon by MasterCard and Target.

Is your bank missing the payoffs of surcharge-free ATMs?

Fees are the No. 1 reason why consumers change FIs, and ATM fees are especially despised. Here are two ways to cut ATM fees and encourage consumer stickiness.

RBI mulls interoperability for cash-accepting ATMs

April 17, 2015

Such a move would allow accountholders to deposit cash at any bank's deposit-taking machine and have it credited to their home bank account.

Consumers looking to be their own fraud protection advocates

by Terry Dooley — SVP & CIO, ITS, Inc

Nearly two-thirds of American consumers say they would use a service that sends them an email or text when suspicious activity occurs on their payment card.

Co-op Financial Services to acquire interest in Canada's Everlink

April 16, 2015

Co-op will purchase shares from FIS to become majority ownership of the payments solutions provider, which serves Canadian CUs, banks and ISOs.

PCI SSC publishes revised data security standard

April 16, 2015

PCI DSS 3.1 and supporting guidance will help organizations address vulnerabilities within the SSL protocol that put payment data at risk, the council says.

Testing the limits: ATM simulation resets the standard

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Manual testing can only take an ATM operator so far. A recent webinar demonstrated how much further one can go with an automated solution.

Study: ATM fees on the rise for prepaid debit cards

April 14, 2015

Fees for withdrawals, balance inquiries and declined ATM transactions are more likely to have increased than decreased in the past year, a bankrate.com study…

ATMs: Cash is simply not enough

by Ron Delnevo — Chairman, Cash and Card World

All those customers doing very little at ATMs besides getting cash are a wasted opportunity — and it's long past time to do something about it.

BPC launches Albania's first processing, ATM switching provider

April 14, 2015

The nation's new PayLink system facilitates switching and processing of transactions for local, regional and cross-border financial institutions.

CFPB ropes payment processors into lawsuit against bogus debt collectors

April 10, 2015

The suit claims that the payment processors 'knew, or should have known, that the debt collectors were engaged in unlawful conduct.'

Fee-free ATMs on the rise in the UK

April 6, 2015

A government program that allows tax relief to business owners who offer fee-free ATMs appears to be working.

TNS, ID Tech partnership aims to ease EMV upgrade path

April 6, 2015

The team-up will allow ID Tech hardware, such as EMV card readers, to be more readily certified into the US marketplace.

Networks define basic requirements for US EMV chip deployment

April 3, 2015

The EMV Minimum Requirements Matrix provides a baseline for stakeholders to work from as they prepare for the US card fraud liability shift.

CDS adds DCC terminal support for Hantle ATMs

April 3, 2015

ATMs on the CDS network can be upgraded for direct currency conversion without the need for additional hardware, the company said.

ATM transaction visibility: It's worth a look

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A technical infrastructure manager describes how end-to-end transaction monitoring helped his team pinpoint network issues that were costing the company money.

ATMs in APAC and Australia: The value of testing

An April 9 webinar developed for an Australia-APAC audience will examine the effects of ATM testing on the end-user experience.

Financial pros have faith in EMV

March 31, 2015

New research indicates a high level of confidence in EMV technology as a weapon in the fight against credit and debit card fraud.

MasterCard qualifies firms' PVT product for EMV and NFC

March 27, 2015

The test tool is intended to help issuers, card manufacturers and personalization bureaus speed up certification and launch of contact and contactless EMV card…

New study sizes up bill payment methods

March 25, 2015

Cash constitutes just 8 percent of bill payments, but still leads credit and mobile; checks are now a distant second to online payments.