Upcoming Conferences
7th Annual Mobile Banking and Commerce Summit
June 3-5, 2013
InterContinental Miami, Miami, FL
8th Annual Underbanked Financial Services Forum
June 5-7, 2013
InterContinental Miami
Miami, FL
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TSYS Approved for ATM Transaction Processing in UK
PaymentsSource | February 21, 2013Total System Services Inc. will begin processing LINK ATM transactions throughout the United Kingdom this year.
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Pulse Adds Acculynk P2P Feature to its PIN Debit Network
PaymentsSource | February 21, 2013After gaining momentum last year for its Payzur person-to-person payment system, Atlanta-based online PIN debit provider Acculynk has gone into a higher gear with transactions routing over the Pulse network.
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NetSpend Acquisition Affirms Prepaid's Might
PaymentsSource | February 21, 2013Once the redheaded stepchild of consumer banking, the prepaid card business now looks more like the industry's future.
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VeriFone Stock Price Plunges After Profit Forecast Miss
PaymentsSource | February 20, 2013VeriFone Systems Inc. shares tumbled as much as 35 percent after the maker of credit-card terminals forecast second-quarter profit that missed analysts’ estimates, amid weak economic conditions in Europe.
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UAE-based Bank Taps Inetco, NCR for ATM Monitoring
PaymentsSource | February 20, 2013The National Bank of Abu Dhabi is providing a customer service and security boost for its 570-unit ATM network throughout the United Arab Emirates.
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Huntington to Add 88 ATMs in West Virginia
PaymentsSource | February 20, 2013Huntington, which currently has 31 branches and 53 ATMs in the state, said it expects the machines to be installed by the middle of March.
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Dutch Firm Ready to Push Chip-Card Migration for ATMs in US
PaymentsSource | February 18, 2013With the clock ticking for ATM owners to begin accepting EMV chip cards, BPC Banking Technologies plans to bring software to the U.S. to help banks navigate the complex conversion to smart-card technology on their ATM fleets.
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Visa, MasterCard Win Dismissal of ATM Group’s Antitrust Suit
PaymentsSource | February 13, 2013Visa Inc. and MasterCard Inc., the world’s biggest payment networks, won dismissal of a price- fixing lawsuit brought by a group representing operators of automated teller machines.
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Too Much Choice May Slow Progress in Chip-Card Migration
PaymentsSource | February 7, 2013Many companies are idling while the U.S. considers its options for handling the migration to chip cards from magnetic-stripe cards. Even a company based in the UK finds itself stuck.
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Visa Reports 26% Jump in Quarterly Earnings
PaymentsSource | February 6, 2013Visa's quarterly earnings increased by 26% from a year earlier, and its financial outlook for 2013 has also brightened, the company said Feb. 6.
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Visa, MasterCard Defend Their Opposing Views on Chip-and-PIN
PaymentsSource | February 6, 2013The EMV smartcard standard is so commonly combined with a PIN code that most consumers know it simply as "chip-and-PIN." But Visa and MasterCard don't agree on whether PIN use should be a priority when the U.S. adopts the EMV standard.
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NCR Closes Acquisition of Retalix
PaymentsSource | February 6, 2013NCR Corp. announced Feb. 6 that it has closed its purchase of Retalix Ltd., a retail software provider.
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Facebook's Closed-Loop Card Furthers Its Payments Push
PaymentsSource | February 5, 2013Facebook is further dipping its toe into physical payments and launching a new, branded gift card for its users. The closed-loop card is redeemable at several national retailers.
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VeriFone Says CEO Was Subject of Trading Inquiry, Now Concluded
PaymentsSource | February 5, 2013VeriFone Systems Inc. said Chief Executive Officer Douglas Bergeron’s trading was the subject of inquiries by the U.S. Attorney and Securities and Exchange Commission, which ended their probes without action.
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Visa Supports Common Code for EMV Debit, Sets ATM Liability Shifts
PaymentsSource | February 4, 2013Visa Inc. says its EMV chip technology will be available to create a common code for debit transactions to allow merchants to choose networks as mandated by federal law — a move that could address a key obstacle in the U.S.
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