Mobile banking offers customers convenience, control

One in two Americans will have a smartphone by Christmas.

Researchers find that thermal camera can capture PINs at the ATM

August 17, 2011

Researchers from the University of California, San Diego presented a paper at last week's USENIX Security Symposium in San Francisco that revealed the relative…

UnionPay overtakes Visa to become world’s largest card scheme

by Dominic Hirsch — manager, Retail Banking Research

The results of RBR’s latest global payment cards research provide remarkable reading. Several findings stand out, including surpassing a phenomenal eight…

Visa puts its weight behind EMV in the U.S.

by Ian Kerr — CEO, Level Four

Last week, Visa announced that it is kicking off three new initiatives to accelerate the adoption of EMV and NFC technology in the U.S. Visa is the largest…

FirstMerit fast tracks Fiserv mobile banking solution

August 16, 2011

Financial services technology provider Fiserv Inc. announced FirstMerit Bank from Akron, Ohio has launched a mobile banking solution using Fiserv's Mobile…

RBR research reveals new payment card leader, growth in debit, prepaid sectors

The forecast for credit cards shows a decline, particularly in the U.S. market.

PSCU offering EMV cards to its 680 member-owner base

August 10, 2011

The Credit Union Times reports that Public Services Credit Union is now offering its 680 member-owner credit union base new credit cards that carry both EMV…

Surcharge sticker fee lawsuits cropping up across several states

August 9, 2011

The Credit Union Times reports that there are 44 lawsuits across 14 states against credit unions and community banks over alleged ATM compliance violations as…

Six biggest challenges facing IADs and operators today

Increased competition, expenses and compliance issues pose significant obstacles.  

Visa announces three initiatives to push EMV adoption in U.S.

August 8, 2011

Visa Inc. today announced its plans to push the migration to EMV contact and contactless chip technology in the United States. The credit card giant said in a…

Report: Global smart card shipments will overtake mag-stripe by 2015

by Kim Williams — Reporter, NetWorld Alliance

The U.S. is still lagging behind the rest of the world for EMV implementation.  

July ATM withdrawals set record in South Africa

August 4, 2011

Average ATM cash withdrawal values across South Africa, as measured by the Spark Cash Index, showed an increase from June to July and were the highest recorded…

Is mobile banking more secure than traditional online banking?

by Robert Siciliano — speaker, IDTheftSecurity.com

Mobile banking is on the rise for more reasons than convenience. In truth, it’s more secure than traditional online baking. Accessing your bank's mobile…

FIME receives Interac accreditation for dual interface cards certification

August 1, 2011

FIME, a provider of integration testing services for contact and contactless chip solutions, has become the first laboratory to receive Interac Association…

Wincor Nixdorf reports FY11 nine-month results; forecast aligned with expectations

July 27, 2011

Wincor Nixdorf AG recorded a 4 percent increase in net sales and a 2 percent fall in operating profit (EBITA) for the first nine months of fiscal 2010-2011.

Report: Increased consumer spending in Brazil drives ATM market

July 21, 2011

TechNavio’s analysts forecast the Brazil ATM market to grow at a CAGR of 16 percent over the period of 2010–2014. One of the key factors contributing to this…

Citi Bank announces plans for EMV offering

July 18, 2011

Finextra reports that Citi Bank has confirmed it will roll out EMV chip cards for customers traveling abroad.

Jack Henry offering EMV cards to credit union customers

July 13, 2011

The Payment Processing Solutions (PPS) division of Jack Henry & Associates has announced it will begin offering chip-and-signature debit and credit cards…

Industry predictions say half of India's ATMs will be outsourced by 2015

July 11, 2011

Nearly half the number of ATMs in India will be outsourced by 2015, according to an article in The Economic Times. Hit by thin profit margins and slow credit…

4G wireless ATM connectivity promises quicker, more secure transactions

New network may not be the standard the industry needs right now.