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United Services Automobile Association, which serves members of the U.S. military and their families, told customers its dropping its partnership with MasterCard Inc. in favor of Visa Inc.
October 26 -
Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.
October 23 -
Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.
October 23 -
Total System Services Healthcare will be issuing a new type of debit card for the Empire Innovation Group.
October 22 -
While Diebold and Wincor Nixdorf may soon merge to form the world's largest ATM company, NCR is working harder than ever to set itself apart in the rapidly changing ATM/self-service payment market.
October 21 -
UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.
October 20 -
Diebold would not only be eliminating a rival in buying Germany's Wincor Nixdorf it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.
October 19 -
Diebold Inc. offered 1.57 billion euros ($1.8 billion) in cash and stock to acquire its German rival, Wincor Nixdorf AG, in a bid to create the biggest maker of cash machines and security systems with about $6 billion in sales.
October 19 -
When Netflix announced that its new U.S. subscriber count had declined 10.2% year-over-year, it blamed the "ongoing transition to chip-based credit and debit cards." And the video-streaming company may not be the only victim of this phenomenon.
October 15 -
NCR Corp. is providing its ATM operation management software to the Commercial Bank of Ethiopia to remotely monitor and operate the bank's 1,200 multi-vendor ATMs.
October 14 -
When Apple revealed that Starbucks plans to accept Apple Pay in its U.S. stores, the move spoke less to Apple's persuasiveness and more to the fallout of the country's ongoing shift to EMV security.
October 9 -
EMV card acceptance has often been pitched as a catalyst for mobile wallets, since the terminal upgrades needed to accept EMV-chip cards could also enable contactless mobile payments. But mobile and EMV are not always on the same path.
October 9 -
Eyeing Kuwait as a hotspot for technology development, online payment provider paysafecard is bringing its prepaid services to the country as a springboard to establishing itself in the Middle East.
October 9 -
Alma Bank in Long Island City, N.Y., will integrate technology from Diebold that allows for cardless transactions at automated teller machines.
October 8 -
Credit card networks and issuers have done a poor job in explaining the implications of the just-passed Oct. 1 deadline for moving to EMV chip-and-PIN cards, leaving many small businesses confused, lawmakers said Wednesday during a hearing on Capitol Hill.
October 8 -
When Cumberland Farms said this month that it had processed $1 billion worth of gas via its decoupled debit card over the course of nearly three years, it was the latest example of the power of the decoupled debit card. And yet, other than Target's RED card, decoupled debit has barely moved beyond the convenience and petroleum segment.
October 8 -
Rules set by Visa and MasterCard suggest that by the start of this month, ideally, banks would all be issuing EMV-compliant cards and retailers would have the technology to accept them. If one party is supporting EMV and the other is not, the delinquent entity will have to cover the cost of any fraud that ensues.
October 1 -
Oct. 1 was an important day for U.S. merchants. It marked the deadline for retailers to upgrade their point-of-sale terminals to EMV-compliant machines. Afterwards, merchants that dont support payment cards with embedded chips will be liable for in-store fraud.
October 1
Trustev -
In Canada, there is no Apple Pay, Android Pay or Samsung Pay. But there is a Royal Bank of Canada mobile wallet, despite the bank being challenged to explain why it has been so aggressive on the mobile scene.
October 1 -
A year after its launch, Apple Pay has infiltrated numerous banks and merchants and two generations of Apple handsets. But its actual usage isn't close to living up to the hype.
September 30






