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PXT Payments on July 7 announced a smart debit card program in Brookline, Mass., tied to its Parcxmart street-parking application. Brookline and PXT officials are touting the card as a means for downtown retailers to compete with stores in malls that having plentiful parking.
July 7 -
Cardtronics Inc. on July 1 announced a deal to manage automated teller machines deployed in 47 Savings Oil Co. locations throughout the Southeast.
July 5 -
According to Stuart E. Weiner, a former director of payments at the Federal Reserve Bank of Kansas City, authorizing the Fed to set fees for debit transactions could pose a conflict with its role operating one of the nation's two automated clearing house networks.
July 2 -
Card executives are pondering how to implement part of the regulatory reform bill that would exempt some cards from the proposed debit interchange regulations.
June 30 -
Banks could significantly cut delinquent accounts by establishing multiple lending relationships with customers, according to a report by the credit bureau TransUnion LLC.
June 23 -
The SEC alleges that former chief financial officer Gregory Geswein, former controller and finance chief Kevin Krakora, and former director of corporate accounting Sandra Miller manipulated the company's earnings to meet forecasts over a period of several years.
June 3 -
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As Canada moves ahead with its plans to adopt a chip-and-PIN based payment card system, the two leading players in the U.S. debit card market–Visa Inc. and MasterCard Worldwide–very well could launch a marketing campaign called "Chip-and-PIN: Let Us In."
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