Technology

SourceMedia Inc., publisher of PaymentsSource, today announced the appointment of Douglas J. Manoni as chief executive officer. He replaces James M. Malkin, who has left the company.

SourceMedia Inc., publisher of PaymentsSource, today announced the appointment of Douglas J. Manoni as chief executive officer. He replaces James M. Malkin, who has left the company.

Lowell Group, the UK’s largest debt-buying company, according to Collections & Credit Risk research, named Paul Thomas, formerly with Capital One Bank, to become the company’s head of External Recoveries.

Rancho Cucamonga, Calif.-based Co-op Financial Services announced Thursday it has extended its electronic funds transfer network access agreement with First Data Corp.’s Star Network.

Arcot Systems Inc. has released an application for mobile phones that enables consumers with EMV cards to authenticate card-not-present transactions, the Sunnyvale, Calif.-based company said this week.

Each of the four major U.S. card brands is waiving interchange fees on Haitian relief donations made to select charities for a limited time to ensure a greater portion of contributions made with their cards reaches victims of the massive earthquake that struck the region Jan 12.

NCR Corp.’s German subsidiary today announced it has signed agreements with 20 banks to monitor their self-service systems, increasing the time the machines are available for customer use.

The National Bank of Kuwait has renewed its credit card processing agreement with United States-based First Data Corp.

EProcessing Network LLC, a Houston-based online payment gateway company, says its ePNJPOS payment software now supports VeriFone Holdings Inc.’s PINpad 1000SE PIN pad.

Gemalto NV said Wednesday it will set aside between 6 million euros (US$8.7 million) and 10 million euros to “cover the potential consequences related” to an apparent programming glitch that left millions of German payment cards useless earlier this month (see story).