Cards

Opus Software Solutions Pvt. Ltd. has won a US$10 million (7,406 euros) order from the State Bank of India to replace the bank’s ATM-processing platform to a dual server-based system, an official from the bank tells PaymentsSource.

The New York money transfer company CashEdge Inc. has hired Citigroup Inc. veteran Catherine Palmieri as its global head of product and marketing.

The Texas state Credit Union Department said it handled 100 written consumer complaints last year, up from 77 the year before, and complaints about overdraft fees were the most common, by far.

Raleigh, N.C.-based State Employees’ Credit Union yesterday introduced a new prepaid Visa account/card aimed at helping members better manage their money which won’t allow an overdraft.

Citizens living in the twin cities of Bhubaneswar and Cuttack in the Indian state of Orissa now have access to kiosks they may use to pay various utility bills and city taxes, an official from the state’s Information Technology ministry tells PaymentsSource.

Emirates NBD Group has launched two magnetic stripe prepaid cards designed for different segments in the United Arab Emirates market.

Ukash, a United Kingdom-based firm that sells prepaid vouchers for online shopping, is expanding its South African presence in an agreement with supermarket chain Shoprite Holdings Ltd.

Lakeland, Fla.-based MidFlorida Credit Union is re-issuing approximately 12,000 debit cards following fraud attempts linked to the earlier data breach at Heartland Payment Systems in January of 2009.

Consumers want their card issuers to notify them by any means possible when it comes to fraud detection, a new survey says.

SocialWise Inc. is planning to take the BillMyParents online payment system it launched last year mainstream through an advertising blitz.

TA Associates, the venture capital firm that financed Cardtronics, benefitted from the rally in financial services stocks with the sale of 7 million shares in the ATM operator for $84 million.

Singer Barry Manilow wants to keep the music playing for high school music programs, and he is using a decoupled debit card as his newest instrument.

Citigroup Inc.’s ThankYou Network rewards program last week announced an Earth Day-themed promotion enabling its members to win free music downloads from Sony Music Entertainment.

VeriFone Holdings Inc. on April 2 announced the acquisition of TaxiTronic Inc.’s minority ownership in the VeriFone Transportation System joint venture the two companies formed in 2005.

Corserv Solutions Inc. earlier this month went live with an operating platform designed to enable U.S. community banks wanting to re-enter the credit card industry to own and control the business, the Atlanta-based consumer and small-business credit card loan servicing company announced.

This past weekend’s launch of Apple Inc.’s iPad also saw the introduction of Square Inc.’s payment card-acceptance application for the device.

Most consumers want issuers to contact them through multiple communication channels if the institutions suspect fraudulent activity on their debit or credit cards. But their preferred communication channel varies significantly by age group, suggest the results of a recent survey.

The U.S. Council of Better Business Bureaus is warning consumers about online scams designed to get them to provide credit card and other personal information by offering free Apple Inc. iPads, which went on sale as of Saturday.

TD Bank's recent cash-back rewards promo was exceptionally generous, but the company said that convincing more customers to use their debit cards was well worth the expense.

Global Payments Inc. this summer hopes to begin processing renminbi payment card transactions in China after securing approval to do so from China UnionPay and the People’s Bank of China, the company announced yesterday afternoon during its third-quarter earnings conference call. It has a few hoops to jump through first, however.