Mitigating risk after April 8 - without Windows 7

Microsoft anti-malware support alone won't cut it for ATM security; independent tests say PC/E Terminal Security Software will.

Is Apple coming around to NFC?

January 20, 2014

Apple has filed a patent for a process that connects wireless devices to POS terminals using more than one interface. The patent describes the use of NFC or…

Senators propose hearings on Target data breach

by Terry Dooley — SVP & CIO, ITS, Inc

Following the recent Target data breach, three U.S. Senators are pushing lawmakers to assemble to discuss the future of cyber security standards for businesses…

Appeals judges unsympathetic to retailers' fee cap, routing complaints

January 18, 2014

Federal appeals court judges heard oral arguments last week in the ongoing litigation in retailers' antitrust suit against Visa and MasterCard. On July 31…

Wells Fargo launches Bitcoin consultative group

January 17, 2014

Wells Fargo has set up a group of experts to discuss rules of engagement with Bitcoin, according to the Financial Times. The group is made up of finance…

Card fraud: The target on the US market's back

After a widely reported Target breach, consumers are being schooled in realities the ATM industry has known for some time.

Consumers lost billions as a result of Durbin regulation

by Terry Dooley — SVP & CIO, ITS, Inc

Economic consulting firm, Global Economics Group, recently released the results of a study exploring the impact of the Durbin Amendment on consumers…

ATMIA members meet with Fed bankers, X9 committee

January 16, 2014

Twelve ATM Industry Association members were among more than 50 guests at an invitation-only December meeting hosted by the Federal Reserve Bank of…

US government sends warning letter to retailers about ongoing breach investigation

January 16, 2014

Reuters reports that the U.S. government today sent a confidential 16-page letter to retailers, which it says "describes the malicious software and techniques…

You can't get rid of the fraud risk until you get rid of the card

With a safer, less expensive alternative available, is it security driving the move to EMV - or stakeholder interests?

Will uncertainty about debit routing delay MasterCard EMV dates?

January 14, 2014

Ever since the July 31, 2013, ruling by Judge Richard Leon that struck down not only the Fed's fee cap rules but also its debit routing scheme, the payments…

Nedbank manages rapid growth with transaction performance monitoring

January 14, 2014

Having grown by more than two million individual and small business clients over the last two years, South Africa's Nedbank recognized that, in the face of…

Puerto Rican CU cooperative moves to modernize

January 14, 2014

Credicentro Coop, MaunaCoop, CamuyCoop and CoopRincón created USIcoop in 2013 as a means to cost-effectively transform their enterprise technology. Their…

Credit card, prepaid spending up in December

January 13, 2014

Payments processor First Data Corp. has released its First Data SpendTrend analysis for the period of Dec. 3–30, 2013, as compared with Dec. 4–31, 2012.

HSBC expands DCC program

January 13, 2014

Following last year's successful rollout of FX FlexRate to ATM providers and merchants, London-based HSBC is extending its multicurrency pricing and dynamic…

Counting on currency again!

by Brendan Burge

With a New Year upon us, what better way to celebrate a fresh start than to relate a recent experience that highlights the persistent truth that we are…

Japan joins Asia-wide ATM network

January 9, 2014

NTT Data Corp., the Japan-based switching service that connects the ATMs of more than 1,300 financial institutions, has been admitted to the Asian Payment…

Report: Competition heats up between local, national debit networks

January 9, 2014

A new report from Mercator Advisory Group, "National Debit Networks: When Global Goes Local," offers an understanding of national debit networks, the rationale…

Data security bill makes another appearance in the Senate

January 9, 2014

In the aftermath of the recent data security breach at Target, Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., has reintroduced the Personal Data…

Maybank brings cardless ATM withdrawal to Malaysians

January 8, 2014

Maybank has introduced Malaysia's first P2P payments service that lets money transfer recipients withdraw cash from an ATM without the need for an ATM card.