ATM & Debit News articles from January 2009

ATM & Debit News archives from January 2009

News Briefs.
January 8, 2009... Wells Completes Wachovia Deal Wells Fargo & Co. rang in 2009 much larger than it was in 2008, with approximately 28 million mostly Visa-branded cards. Wells Fargo's expansion was made possible when the San Francisco-based bank finalized...

Canadian White-Label ATMs Face An Uncertain Future.(ATM News)
January 8, 2009... Byline: Robin Arnfield Canadians are among the highest per-capita users of ATMs in the world, making Canada historically an attractive market for "white-label" ATMs deployed by the non-bank third-party companies. Recently, however,...

More ATMs Move Near Gates Because Of Longer Airport Wait Times.(ATM News)
January 8, 2009... Byline: Frederick H. Lowe Phoenix Sky Harbor International Airport's recent announcement that it plans to deploy ATMs in the airport's secured concourse continues a trend among some of the nation's largest airports that began after the...

Pressure Rises On Payment Terminal Manufacturers.(Terminal News)
January 8, 2009... Byline: Will Wade, American Banker U.S. payment-terminal companies Hypercom Corp. and VeriFone Holdings Inc. will face increased earnings pressure this year as the global economy slows and a French rival, Ingenico SA, tries to expand in...

Shell, Motiva Roll Out Shell ACH $aver Card.(Debit News)
January 8, 2009... Shell Oil Products US and Motiva Enterprises LLC on Monday began rolling out the $hell Saver card at more than 14,200 Shell-branded gasoline stations nationwide. Shell processes the card's transactions through the automated clearinghouse...

Up North, The Smoldering ATM-Fees Issue Flares Again.
January 8, 2009... Byline: Robin Arnfield For some Canadian politicians, consumers having to pay to access their cash has become an issue to exploit. In 2007, the left-leaning New Democratic Party launched a campaign against what it deemed to be...

Personnel.
January 8, 2009... Edgar, Dunn & Company London-based Edgar, Dunn & Company announced that Adrian Cannon has joined the firm as a director of the London office. TAC Financial Henderson, Nev.-based TAC Financial Inc. named Joseph Heitzler to its...

Coming Events.(Conference news)(Calendar)
January 8, 2009... International Card Manufacturers Association The International Card Manufacturers Association will hold its annual card manufacturing and personalization and expo March 31 to April 3 at the Caribe Hilton in San Juan, Puerto Rico. ...

News Briefs.
January 15, 2009... U.S. Bank Signs Airport ATM Deal Mineta San Jose (Calif.) International Airport will install six ATMs past security checkpoints as part of a seven-year agreement the airport signed with Minneapolis-based U.S. Bancorp (ADN, 1/8). The bank...

Incentives Said To Be Needed For Contactless Debit Growth.(Debit News)
January 15, 2009... Byline: Will Hernandez United Kingdom-based Barclays PLC's decision to issue contactless Visa debit cards as the standard beginning in March indicates an aggressive move to bring the technology to critical mass in the region, observers...

ATM Maker Enters Cash-Handling And Cash-Recycling Market.(ATM News)(Company overview)
January 15, 2009... Byline: Frederick H. Lowe NCR Corp. is joining rival ATM manufacturers and one of its suppliers in entering the cash-handling and cash-recycling market, which is taking off as the U.S. market for ATMs is maturing. Bill Nuti, chairman...

Rising Unemployment May Affect Consumers' Debit Card Spending, Analysts Predict.(Debit News)
January 15, 2009... Byline: Will Hernandez Debit card spending has remained steady despite the sour economy, but a prolonged recession may affect the value of consumer purchases, industry analysts predict. "Debit card penetration is 75% to 80% [of...

ATM Cash Supplier Makes Moves To Improve Customer Service.(ATM News)
January 15, 2009... Pendum LLC, which supplies cash to 60,000 ATMs in 42 states, last week outlined a strategic plan to coordinate operations and grow its business. The bottom-line goal: provide better customer service. As part of the plan, Denver-based Pendum...

NCR To Close Wisconsin ATM Parts-Supply Plant.(ATM News)
January 15, 2009... Byline: Frederick H. Lowe NCR Corp. plans to Soon Close a manufacturing a plant in Viroqua, Wis., eliminating approximately 80 jobs in the town of 4,400. NCR will close the plant for the majority of workers March 8, and the 100,000...

Personnel.
January 15, 2009... Level Four Level Four Software Ltd., a London-based ATM-software products company, has named Mark Aldred European sales manager. Aldred, who will be responsible for driving company sales growth throughout Europe, reports to Level Four CEO...

Coming Events.(Conference news)(Calendar)
January 15, 2009... International Card Manufacturers Association The International Card Manufacturers Association will hold its annual Card Manufacturing and Personalization and Expo March 31 to April 3 at the Caribe Hilton in San Juan, Puerto Rico. ...

Chase To Rebrand California WaMu ATMs.(News Briefs)
January 22, 2009... JPMorgan Chase & Co., which purchased Washington Mutual Inc.'s operations in September, plans to rebrand 1,900 WaMu ATMs in California to Chase. New York-based Chase also will rebrand 708 bank branches to Chase as part of a $375 million...

Coming Events.(Calendar)
January 22, 2009... Diebold Inc. Diebold Inc. will hold its integrated services symposium Feb. 3 to 5 at the Hyatt Regency Orange County in Anaheim, Calif. Swacha Swacha-The Electronic Payments Resource will hold a two-day workshop for financial...

Instant Issuer Debit Card Deal.(News Briefs)
January 22, 2009... Advancial Federal Credit Union signed an agreement in which Dynamic Card Solutions LLC will install its flat-card printer at the credit union's 12 branches. The printer will enable Dallas-based Advancial to instantly issue unembossed Visa...

Banks Buy Anti-Skimming Device.(News Briefs)
January 22, 2009... Mellon Technologies, an Athens, Greece-based information-technology company, has introduced anti-ATM skimming devices to address the increasing number of attacks on ATMs owned by Greek banks. One device sets the ATM in the "out of order"...

NetSpend Signs Prepaid Deal With Liberty Tax Service.(Prepaid News)
January 22, 2009... Byline: Frederick H. Lowe Liberty Tax Service's decision last week to offer accounts tied to reloadable, Visa-branded prepaid cards into which clients can load their tax refunds represents an ongoing trend by large tax-preparation...

Diebold Uses Ebook To Help Plug Its Outsourcing Business.(ATM News)
January 22, 2009... Byline: Frederick H. Lowe Diebold Inc., which is emphasizing contracts for ATM-management services over sales of its ATMs, has published an eBook reference guide for financial institutions. The publication explains the advantages of...

Wincor Nixdorf Sales Up, But Firm Issues Warning.(ATM News)(Financial report)
January 22, 2009... ATM maker Wincor Nixdorf AG on Monday reported a 7.3% jump in fiscal first-quarter net sales, to 646 million euros (US$849.3 million) from 602 million euros for the same period a year earlier. Profit for the period reached 35 million euros, up...

MasterCard May Apply Orbiscom Credit Card Model To Debit And Prepaid Card Applications.(Debit News)
January 22, 2009... Byline: Harry Terris, American Banker MasterCard Inc.'s $100 million purchase earlier this month of Orbiscom Ltd., shows how Orbiscom's credit card processing model can be used for debit and prepaid cards. "One of the valuable pieces...

UK Bank Will Close Prepaid Card Business.(Prepaid News)
January 22, 2009... Alliance & Leicester plc is closing the bank's prepaid card unit after a review by its new owner, Banco Santander S.A., determined the business was not core to its United Kingdom strategy, bank spokesperson Andy Homer tells ATM&Debit News. ...

Personnel.
January 22, 2009... Hypercom Corp. Hypercom Corp. named Ulf Honick vice president of health care. Honick will be responsible for extending Hypercom's footprint in northern Europe.

Processor Hires Security Executive.(News Briefs)
January 29, 2009... Heartland Payment Systems Inc., the merchant processor that last week announced hackers captured an untold amount of transaction data in a network breach in 2008, has hired Steven M. Elefant as an executive director of the department in charge...

Airline Tests ATM-Ad Campaign.(News Briefs)
January 29, 2009... Bmibaby, a low-cost airline based in the United Kingdom, is advertising its flight offers using ATMs in England and Wales, according to UK-based i-Design Multimedia Ltd., which is providing the technology for the ad campaign. The campaign...

Processor To Encrypt Data.(News Briefs)
January 29, 2009... Heartland Payment Systems Inc., the merchant processor that last week announced hackers captured an untold amount of transaction data in a network breach in 2008, has hired Steven M. Elefant as an executive director of a department in charge of...

Card Activation Files 5 More Lawsuits, Alleging Infringement Of Its Technology.(Prepaid NEWS)
January 29, 2009... Byline: Ben Jackson Card Activation Technologies Inc., a Chicago-based company that holds a patent on point-of-sale technology for activating and processing prepaid card transactions, Tuesday filed lawsuits against five more companies,...

ATM Organizations Want Web Site That Sells Card Skimmers Shut Down.(ATM NEWS)
January 29, 2009... Byline: Frederick H. Lowe ATM manufacturers and organizations concerned with ATM security are urging U.S. and European law-enforcement agencies to shut down a Web site that manufactures and sells card-skimming equipment. Thieves use the...

Visa's Stacey Pinkerd Discusses Growth of Contactless And Mobile Payments In Q&A With ATM&Debit News.(Debit NEWS)
January 29, 2009... Byline: Will Hernandez Debit card spending remains steady even as economic conditions continue to deteriorate. Based on the latest year-over-year U.S. debit card data from Visa Inc. and Master-Card Worldwide, the struggling economy has not...

PSCU To Resell MFoundry Mobile-Banking Service.(Mobile Banking)
January 29, 2009... PSCU Financial Services, a credit-union service organization, soon will begin reselling mobile-banking services to its 1,100 member credit unions. The mBanking service is part of a marketing effort to encourage more young consumers to join...

Personnel.
January 29, 2009... I2c Inc. I2c Inc. has named Stephen Diamond vice president of client account management. Before joining Redwood City, Calif.-based i2C, Diamond was a senior business leader in prepaid products at Visa Inc. NACHA The NACHA board of...

Coming Events.(Calendar)
January 29, 2009... Diebold Inc. Diebold Inc. will hold its integrated services symposium Feb. 3 to 5 at the Hyatt Regency Orange County in Anaheim, Calif. Swacha Swacha-The Electronic Payments Resource will hold a two-day workshop for financial...