ATM & Debit News articles from March 2009

ATM & Debit News archives from March 2009

News Briefs.
March 5, 2009... More UK Spending Moved To Debit Cards In 2008 Consumers in the United Kingdom spent 371.7 billion UK pounds (US$536.5 billion) with their credit and debit cards last year, up 6.8% from 347.9 billion pounds in 2007, according to figures...

The Year Ahead: What Key Prepaid Industry Insiders Expect In 2009; Several leaders and observers of the prepaid card industry offer some predictions about the biggest market trends and issues this year.(Prepaid News)
March 5, 2009... Byline: Ben Jackson Farhan Ahmad Director of Emerging Payments and Business Development Discover Financial Services One key trend will be the emergence and popularity of multiuse cards. As prepaid cards gain popularity in...

Utah Transit Authority Explores Additional Payment Opportunities.(Debit News)
March 5, 2009... Byline: Will Hernandez With its open-network electronic fare-collection system now in place, the Utah Transit Authority is exploring additional payment options and branding opportunities to enhance the program. Last month, the...

Canada Will Not Block Visa, MasterCard Debit.(Debit News)
March 5, 2009... Canada's Finance Minister's Office said this week it will not block Visa Canada's and MasterCard Canada's entrance into the country's PIN-Debit market. "The government aims to have a financial sector regulatory framework, which promotes...

NCR Introduces Banking Software, Enabling Check Deposits From Home.(ATM News)
March 5, 2009... Bank customers can deposit checks into their savings or checking accounts from home with a new software product NCR Corp. introduced this month. Financial institutions can integrate the software, called NCR Aptra Consumer Passport, with...

Florida's Urban Trust Bank Will Issue Prepaid Payroll Cards.(Vendor Briefs)
March 5, 2009... Urban Trust Bank, one of the nation's largest black-owned banks, will issue network-branded prepaid payroll cards as part of a deal bank officials announced this week with First Data Corp. First Data, which is based in Greenwood Village,...

Personnel.
March 5, 2009... Co-op Financial Services Co-op Financial Services has hired Jennifer Kerry as vice president of Credit Card Services. Before joining Rancho Cucamonga, Calif.-based Co-op Financial Services, Kerry worked at Fidelity National Information...

Coming Events.(Conference news)(Calendar)
March 5, 2009... Pulse Pulse's 2009 conference "Debit ReDefined" is scheduled for May 6 to 8 at the Hilton Austin Hotel. NACHA NACHA's Payments '09 conference will be held April 5 to 8 at the Orlando World Center Marriott in Orlando, Fla. ...

NCR CUTS 252 JOBS IN SCOTLAND.(News Briefs)
March 12, 2009... NCR Corp. is ending all ATM-manufacturing operations at its plant in Dundee, Scotland, Richard Maton, a spokesperson for NCR in the UK, tells ATM&Debit News. NCR announced today it is eliminating all 177 manufacturing jobs, and the company is...

Canada To Hold Debit Hearings.(Pin News)
March 12, 2009... Byline: Frederick H. Lowe The Canadian House of Commons Standing Committee on Industry, Science and Technology will investigate Canada's debit card payment system and credit card interchange rates, Anthony Rota, the committee's vice...

Barclaycard, Orange To Offer NFC Payments In UK.(Vendor Briefs)
March 12, 2009... Barclaycard will work with mobile operator Orange UK to develop contactless payments and other services for mobile phones, the United Kingdom-based credit card issuer said Monday. The two firms have formed a "strategic partnership"...

Personnel.
March 12, 2009... CyberSource Carl Pascarella, former president and CEO of Visa U.S.A., has joined CyberSource Corp.'s board of directors. Pascarella led Visa from 1993 to 2005. He is currently an executive advisor at TPG, formerly Texas Pacific Group, a...

Coming Events.(Conference news)(Calendar)
March 12, 2009... Pulse Pulse's 2009 conference "Debit ReDefined" is scheduled for May 6 to 8 at the Hilton Austin Hotel. NACHA NACHA's Payments '09 will be held April 5 to 8 in Orlando, Fla. Diebold Inc. Diebold, Inc. will hold an...

Diebold Wins ATM Contract.(News Briefs)
March 12, 2009... Mumbai-based State Bank of India has awarded Diebold Inc. a contract to provide 2,740 full-service ATMs, a Diebold spokesperson tells ATM&Debit News. North Canton, Ohio-based Diebold is scheduled to deliver machines to the bank in May. The...

Visa, MoneyGram In Reload Deal.(Debit News)
March 12, 2009... Byline: Maria Aspan, American Banker Visa Inc. announced a partnership this week with MoneyGram International, a major competitor in funds transfers, to drive more volume to its prepaid debit card-reloading network. The two companies...

MasterCard Brings Rewards Card To More Affluent Consumers.(ATM News)
March 12, 2009... Byline: Will Hernandez As economic conditions remain unsteady, MasterCard Worldwide has launched a debit card with an enhanced rewards system designed to benefit affluent consumers who choose debit instead of credit cards as their...

Vendor Expands Bill-Payment Kiosk Deployments In Texas.(Kiosk News)
March 12, 2009... Tio Networks Corp. has expanded the number of bill-payment kiosks it deploys in Texas, which has become a strong market for the company. Burnaby, British Columbia-based Tio says it has deployed bill-payment kiosks in 26 participating H-E-B...

Saudi Institution Doubles Its Self-Serve Bank Branches.(ATM News)
March 12, 2009... Banque Saudi Fransi, a Saudi Arabia-based bank, says it now has six self-service bank branches following the completion of a successful pilot involving three other branches in Riyadh, the kingdom's capital. NCR Corp. designed the branches,...

Discover Financial Services Launches Prepaid Teen Card.(Debit News)
March 12, 2009... Byline: Will Hernandez Discover Financial Services believes a "simple and transparent" fee structure along with parental controls will help differentiate its teen-focused reloadable prepaid debit card from others on the market. ...

PSCU Reports Banner Year For Prepaid Card Sales.(Prepaid News)(Financial report)
March 12, 2009... PSCU Financial Services Monday reported strong gains in its Visa-branded reloadable and nonreloadable prepaid debit card programs for 2008 compared with the previous year. The St. Petersburg, Fla.-based credit-union service organization also...

ShoppersChoice.com To Accept PIN-Debit Cards Online.(Pin News)
March 12, 2009... Byline: Frederick H. Lowe ShoppersChoice.com, a luxury cooking retailer, will begin accepting PIN-debit cards for online purchases today, Corey Tisdale, the company's chief operating officer, tells ATM&Debit News. "We will begin...

NEWS BRIEFS.
March 19, 2009... Cardtronics CEO Leaves Company Cardtronics Inc. said Wednesday that CEO Jack M. Antonini has left the company and its board. Fred R. Lummis, Cardtronics' chairman, has become the Houston ATM operator's interim CEO until a permanent...

Visa Canada Wants Banks To Offer Visa-Branded Debit Cards.(Debit News)
March 19, 2009... Byline: Frederick H. Lowe Visa Canada is holding discussions with that nation's banks hoping to persuade them to issue "co-badged" PIN-debit cards that contain both a microchip and a magnetic stripe. Only the Interac network now sponsors...

Next Prepaid Card Step: Advanced Features Beyond Just The Basics?(Prepaid News)
March 19, 2009... Byline: Will Hernandez ORLANDO - Hoping to make prepaid cards more popular with mainstream consumers, payment companies are considering the introduction of features commonly available on standard credit and debit cards. Prepaid cards...

Travelex Extends Prepaid Travel Currency Cards To Budget-Conscious Corporations To Help Curb Expenses.(Prepaid News)
March 19, 2009... Byline: Will Hernandez As more companies outside the payments space develop specialized prepaid cards for niche markets, London-based Travelex Currency Services Inc. is about to launch corporate prepaid currency cards at a time when...

Diebold Claims 2008 State Banks Deal For Nearly 3,000 Machines Made It India's Top ATM Shipper.(ATM News)
March 19, 2009... Diebold India's contract to supply nearly 3,000 ATMs to the State Bank of India helped make the manufacturer the leading shipper of ATMs last year to India, Naresh Hosangady, managing director of Diebold India, tells ATM&Debit News. "The...

Personnel.
March 19, 2009... Diebold Inc. Diebold Inc. promoted Bradley J. Stephenson to vice president of the company's security division. He has been with Diebold for more than 35 years.

Coming Events.(Conference news)(Calendar)
March 19, 2009... Pulse Pulse's 2009 conference "Debit ReDefined" is scheduled for May 6 to 8 at the Hilton Austin Hotel. NACHA NACHA's Payments '09 will be held April 5 to 8 in Orlando, Fla. Diebold Inc. Diebold, Inc. will hold an...

News Briefs.
March 26, 2009... Pulse Joins Internet PIN-debit Pilot Discover Financial Services' Pulse electronic funds transfer network Monday announced plans to test Acculynk Inc.'s PaySecure Internet PIN-debit technology. The test probably will run three to six...

Report Urges Federal Funding To Bring E-Benefits To WIC Program.(EBT News)
March 26, 2009... Byline: Will Hernandez A lack of direction from the U.S. government is preventing the nationwide transition of the Special Supplemental Nutrition Program for Women, Infants and Children, commonly referred to as WIC, from a voucher-based...

CashStar May Change Prepaid Market If Print-At-Home Gift Cards Succeed.(Prepaid News)
March 26, 2009... Byline: Will Hernandez Attempting to take advantage of the growing popularity of print-at-home coupons and airline tickets, CashStar Inc. is offering consumers the ability to print or e-mail customized gift cards purchased from a...

Visa, Fifth Third Bank Testing Mag-Stripe 'Fingerprints' To Thwart Counterfeit Cards.(Debit News)
March 26, 2009... Byline: Daniel Wolfe WASHINGTON - Visa Inc. and Fifth Third Bancorp are testing a system that evaluates the physical properties of the iron in the magnetic stripes on payment cards. The companies say these characteristics are different for...

Vendor Briefs.
March 26, 2009... Metavante Unit To Offer Payment Services To PayPal Metavante Technologies Inc. plans to offer a variety of payment services to PayPal Inc., building on an alliance the Milwaukee-based company announced today. Metavante says its Link2Gov...

Federal Reserve Banks Seek A Speedier ACH Delivery.(Debit News)
March 26, 2009... Byline: Steve Bills The Federal Reserve banks are developing a way for financial companies to clear and settle some automated clearinghouse transactions in one day. The move, announced earlier this month, is the first significant...

Personnel.
March 26, 2009... First American Payments Systems L.P. has named Mandy Jordan director of marketing; Rhoda Steward, director of sales; Jason Putnam, director of business development; Mark Grantham, manager of associations and corporate sales; and John Newton,...

Coming Events.(Conference news)(Calendar)
March 26, 2009... Pulse Pulse's 2009 conference "Debit ReDefined" is scheduled for May 6 to 8 at the Hilton Austin Hotel. ETA The Electronic Transactions Association will holds its annual meeting and expo April 21 to 23 in Las Vegas at the Mandalay...