First EMV-compliant ATM Live at People's United Bank
5/22/2013
From Business Wire The first EMV compliant ATM in the U.S. is live and in use. NCR Corporation has begun upgrading ATMs at People's United Bank with the new consumer card security technology, in conjunction with Vantiv and Pendum, the...
Big ATM Hack Perpetuates Myths About Prepaid Cards
5/13/2013
Since a group of hackers broke into a processor and pulled $45 million out of ATMs using prepaid cards, the media has been atwitter about how prepaid cards are a tool for criminals and maniacs as they misunderstand what happened....
U.K. Post Office to Launch 3 New Checking Accounts
5/13/2013
The British Post Office Monday announced it will trial three new checking accounts in 29 branches ahead of a nationwide rollout in 2014. The accounts, similar to their counterparts at traditional financial institutions, are tiered based on monthly fees. The...
In Bankers Versus Wal-Mart Argument, Who’s Really on First?
5/8/2013
The ongoing battle between bankers and Wal Mart recently was reignited over the retail giant offering a prepaid card product marketed as an alternative to traditional checking accounts. The banks once again argue payment related services should be limited to...