The Fed’s take on debit interchange post-Durbin

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

In conjunction with the release of its recent PIN vs. signature survey data, the Fed announced that it would not adjust its cap on interchange rates.

Q1 revenues 'hit on all cylinders' for ATM operator Euronet

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Kansas-based international IAD starts off the year by accelerating Q1 expansion and revenues.

Amex to issue EMV cards to premium corporate accountholders

April 24, 2013

Corporate card issuer American Express Co. has announced that it will begin to issue chip-and-signature cards to U.S. corporate cardmembers, starting in the…

Euronet rolls out end-to-end prepaid card solution across Europe

April 23, 2013

Euronet 360 Finance Ltd., a subsidiary of Leawood, Kan.-based EFT processor Euronet Worldwide, has announced the launch of complete solutions for prepaid card…

Contactless card shipments on a rapid upswing

April 23, 2013

Contactless payment card shipments are increasing at a strong clip, according to annual review data released by the Smart Payment Association. Nearly a quarter…

Paragon launches free online training program, 'EMV in 16 minutes'

April 23, 2013

To introduce industry members to EMV, Paragon Application Systems, a provider of automated e-payment testing solutions, has launched a free online training…

Co-op Financial Services online Visa EMV processing up and running

April 23, 2013

Co-op Financial Services has announced that its online transaction processing for EMV-enabled Visa debit cards functioned successfully in at least six…

Fed data stokes signature vs. PIN debate

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

As we all know, there is an ongoing industry debate centered on whether chip-and-PIN transactions are more secure than chip card transactions that use only a…

YourCash teams up with tech services provider EVRY

April 19, 2013

YourCash Ltd., a provider of ATMs and cash management solutions in the U.K. and Europe, has announced a new partnership with Nordic IT-services provider EVRY.

Vantiv strikes multi-year deal with Anheuser-Busch Employees' CU

April 18, 2013

Payment processor and technology solutions provider Vantiv has announced that it has been selected by Anheuser-Busch Employees' Credit Union to provide debit…

WorldPay US completes Visa EMV certification

April 18, 2013

Payment acquirer WorldPay US has successfully completed Visa EMV acquirer testing, a key milestone in preparing business owners to accept encrypted chip cards.

Fiserv adds real-time money transfer to its P2P service

April 18, 2013

Financial tech provider Fiserv Inc. is revving up Popmoney Instant Payments. Now users can send and receive funds through the service and have those funds…

5 best practices for monitoring multi-channel banking environments

We've come a long way from the time when ATMs were simple, autonomous machines that were working — or not. That were serving customers efficiently — or not.

ATM industry members speak out against NAC-MasterCard EMV agreement

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Risk mitigation plan is seriously flawed, fails to solve the underlying issue

GAO study examines ATM fees

April 15, 2013

The United States Government Accountability Office has issued a Report to Congressional Requesters regarding ATM surcharges. The 64-page report, "Automated…

Bankrate study compares prepaid card fees

April 15, 2013

All prepaids are not created equal. They might all come with fees attached, but these can vary dramatically, depending on the card and how it is used…

UK financial watchdog to investigate RBS outages

April 12, 2013

The Royal Bank of Scotland will face a probe by the UK Financial Conduct Authority into IT failures at the bank last June that shut down online and ATM…

'Future of ATM Interchange' white paper published by ATMIA, Kahuna

April 12, 2013

The ATM Industry Association and Kahuna Business Solutions have jointly produced a new white paper, "The Future of ATM Interchange," which explores options to…

Aligning payment processing services and customer experience

by Marc Borbas — VP, Marketing, INETCO

Last week, Retail Systems Research published the Fast Fact "Retail Payments and the Customer Experience: Waiting for Processors." It was taken from RSR's first…

EMV Migration Forum committees report 'significant progress'

April 9, 2013

Following its March meeting, the EMV Migration Forum has announced significant progress on projects supporting the U.S. payment industry's move to EMV. The…