UK retailers ready to depose King Cash, study says

April 29, 2014

A new study, "The Payments Landscape Benchmark," has determined that merchants in the U.K. are tired of spending 17.8 billion pounds ($30 billion) a year to…

Tax every ATM transaction? That's your solution?

by Todd Nuttall, CEO

EMV Migration Forum offers third EMV 101 session

April 28, 2014

To help card issuing banks and merchants ready their organizations for the October 2015 fraud liability shift, the EMV Migration Forum is offering its next EMV…

EMV and the ATM industry: Moving the rock uphill

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Migration to EMV is a Sisyphian task; Sisyphus would probably rather just push his boulder up a mountain.

UL e-learning course permits self-paced study covering EMV in the US

April 23, 2014

As the card schemes continue to push toward EMV migration in the U.S., education will play a key part in its development and adoption. A new EMV e-learning…

ATM transaction tax 'highway robbery,' Jamaicans say

April 21, 2014

"Very, very upset" is the general feeling among Jamaicans about a new ATM transaction tax announced last Thursday. The levy will go into effect June 1.

Ignorance is no defense

by atm Atom — blogger, atmatom

In a disturbing study released in early March, Newtek Business Services threw a cold, wet towel over the notion that merchants were ready for — or even…

Euronet, Walmart venture promises lower-cost money transfer

April 17, 2014

Walmart and Ria, the money transfer service owned by Euronet, have announced the Walmart-2-Walmart Money Transfer Service. Beginning April 24, customers will…

One more Bitcoin ATM; one less Bitcoin exchange

April 17, 2014

This week, BTC China installed China's first Bitcoin ATM in Shanghai. Meanwhile, across the China Sea, a bankruptcy court nixed a corporate reorganization…

Dynamic Currency Conversion delivers benefits all around

by Terry Dooley — SVP & CIO, ITS, Inc

With global tourism on the rise and the payments industry working to generate additional revenue (as well as added customer value at ATMs and the point of…

First Data, Bank of the West deepen ties

April 16, 2014

Payments technology and services provider First Data has announced the expansion of its relationship with $65 billion-asset Bank of the West. The company will…

Co-op Financial Services, Visa forge EMV agreement

April 16, 2014

Through an agreement with Visa, Co-op Financial Services will make the Visa EMV common debit solution available to its credit union clients. The long-term…

Shazam, Visa enter network agreement

April 16, 2014

The Shazam Network and Visa Inc. have signed an agreement that will allow issuers to use the Visa common debit application identifier for Visa- and…

NFC Forum publishes new specifications

April 16, 2014

The NFC Forum today announced the public availability of new versions of nine technical specifications, following approval by the Board of Directors.

First Data SpendTrend: Late Easter dampens March spending

April 11, 2014

Payment technology provider First Data Corp. has released its SpendTrend analysis for March 1–March 31, 2014, compared with March 2–April 1, 2013. Notably, the…

Turning ATM pain points into profits

Just about every ATM operator has the same three wishes: uptime; traffic and cash to grow on. At ATMIA US 2014, Steve Gernes, VP and ISO segment manager at…

CU24, Visa ink EMV licensing agreement

April 8, 2014

Credit union-owned cooperative CU24 has entered into a licensing agreement with Visa to allow EMV card transactions to route over the CU24 network.

UnionPay rises to No. 1 in payments

April 8, 2014

For the first time, China's UnionPay has surpassed Visa credit and debit cards as the most popular payment method worldwide, according to the latest Nilson…

KCB migration to EMV plagued by ATM glitches

April 7, 2014

Last month, Kenya Commercial Bank announced that it would add the MasterCard network to its existing Visa service as it migrated to EMV. Since then, customers…

Data breach legislation: As states step up, will the Fed follow?

by Robert Siciliano — speaker, IDTheftSecurity.com

A data breach notification bill, H.B. 224, was recently introduced in the New Mexico legislature. If enacted, it would make New Mexico the 47th state to adopt…