Will Hernandez

BB&T Corp. has entered into a multiyear agreement with Cardtronics Inc.'s Allpoint network to expand surcharge-free ATM access to the issuer's debit cardholders in Florida and Texas.

JPMorgan Chase & Co. is working with CashStar Inc. to launch a digital gifting and incentive platform for using rewards points to buy merchants' proprietary gift cards through an Apple Inc. iPhone application.

More than three-fourths of all U.S. noncash payments in 2009 were made electronically, a new Fed study indicates, representing a 9.3% increase since the previous study.

Prepaid debit cards for medical expenses could take a hit because of a provision in the U.S. health care reform law requiring a doctor's prescription for certain over-the-counter medications.

Gift card provisions that took effect in August under the Credit Card Accountability, Responsibility and Disclosure Act should continue to diminish the lost value of unused funds on the cards, according to a TowerGroup report.

The determining factor for consumers might rest with their comfort in entering PIN codes in an environment other than at the point of sale or an automated teller machine.

Scotiabank Group and Royal Bank of Canada are to become the first Canadian banks to issue the Interac Association's new contactless cards that satisfy EMV Integrated Circuit Card Specifications.

Card skimming at ATMs in Europe is on the rise as new devices to fraudulently capture cardholder data have emerged in some countries.

Signatures can be forged, but Think Computer is betting that faces cannot — and it is relying on photo identification as the selling point of its mobile prepaid system FaceCash.

Though companies are aligning themselves with different technologies in the mobile payment space, progress may stall as consumers and merchants remain undecided.

The National Association of ATM ISOs and Operators is claiming that the ATM and debit card network practices of MasterCard Inc. and Visa Inc. are anticompetitive.

Cardtronics Inc. has appointed a successor to longtime Chairman Fred R. Lummis, who resigned.

More than half of the nation's largest financial institutions offer mobile banking services, which continue to evolve from being an extension of online banking to a distinct payments channel.

Cash Access Holdings Inc. on Nov. 3 reported net income of $4.9 million for the third quarter ended Sept. 30, down 39.5% from $8.1 million during the same period last year. Revenues fell 7.4%, to $152.1 million from $164.3 million.

Cardtronics Inc. is crediting its Allpoint surcharge-free ATM network for the company's recent rise in profits.

The ATM independent sales organization Cardtronics Inc. reported Tuesday that its net income of rose 172% to $17.4 million for the third quarter from the same period last year. Revenue rose 6.2% to $136.6 million.

ATM independent sales organization Cardtronics Inc. on Nov. 2 reported net income of $17.4 million for the third quarter ended Sept. 30, up 172% from $6.4 million during the same period last year. Revenues totaled $136.6 million, up 6.2% from $128.6 million.

AT&T Inc. has signed partnerships with three mobile-payment companies that let its wireless customers charge digital content such as games and music directly to their mobile phone bills.

Consumers are gradually becoming more familiar with technology for remote deposit capture, Synergistics Research Corp. says.

Two startups are planning to provide alternative funds-transfer methods using payment channels familiar to consumers, but without using dedicated agent locations as established players do.