The Payment Card Industry Security Standards Council has removed two Ingenico S.A. PIN pads from the list of approved PIN-entry devices following reports they are susceptible to breaches.

Version:1.0 StartHTML:0000000222 EndHTML:0000006120 StartFragment:0000002418 EndFragment:0000006084 SourceURL:file://localhost/Users/william.hernandez/Documents/Microsoft%20User%20Data/Saved%20Attachments/7.2.CLBank

SCRANTON, Penn. – NET FCU has selected Bluepoint Solutions’ ImagePoint Teller Capture and Receipt Manager solutions.

Bling Nation Ltd. has struck a partnership with PayPal Inc. that could help the mobile payments network operator expand beyond its hyperlocal business model.

FICO, formerly called Fair Isaac Corp., has expanded its relationship with Middle East and Africa sales partner PIC Solutions to include the insurance and retail sectors, the financial services company announced Wednesday.

The rise of small card-not-present transactions for virtual goods and other online services is helping to fertilize runaway growth of micropayment-based card-fraud schemes, at least one consultant contends.

Emerging technologies are starting to change the physical characteristics of campus cards. Universities and colleges are trading in plastic campus cards for contactless stickers, which still offer students the same benefits as physical cards without the hassle of adding another card to their wallet.

Two payments companies, BluePay Processing LLC and Trustwave, separately last week announced new encryption services for merchants.

The Federal Trade Commission on June 28 asked a federal court to halt an international identity-fraud scheme that it says generated more than $10 million in fraudulent micropayment charges on U.S. consumers’ credit and debit cards.

Infinite Campus Inc. announced on June 28 the launch of Campus Cafeteria Serve, a point-of-sale food-service program, and an electronic payments-processing feature called Campus Online Payments, which will be available in July. The student-information systems provider designed the programs to enable grade schools with classes kindergarten through the 12th grade to automate food services and school-fee payments.

Users of the M-Pesa service in Kenya may now withdraw money from Diamond Trust Bank ATMs through a partnership between the bank, ATM operator PesaPoint and telecommunication operator Safaricom, according to Diamond Trust.

Translink plans to give away 400,000 Go Cards to commuters in the Australian state of Queensland containing a free credit of AU$10 ($US9 or 7 euros) to encourage use of the transit card, the Brisbane-based transport operator said.

Consumer confidence fell sharply in June after rising for three consecutive months, The Conference Board Inc., a New York-based research organization, reported June 29.

As transit authorities nationwide are toying with open-network electronic fare-collection systems, mobile-payments company mPayy Inc. is making a bid to become the provider for the Chicago Transit Authority’s proposed payment scheme.

MILWAUKEE – Guardian CU said yesterday it has deployed VSoft's ASP platform, VServe, to handle branch item capture, image exchange and research/archiving of its images.

SACRAMENTO, Calif. – The Golden 1 CU said yesterday it has introduced an iPhone and iPad application for its mobile banking.

Visa Inc. has launched a micropayment service in Australia that supports consumer payments for downloadable content such as movies, music and games.

Attendees to the Boy Scouts of America’s 2010 National Scout Jamboree this summer will receive contactless-payment “smart” bracelets for use in making payments during the event, which could draw more than 70,000 individuals.

MasterCard Worldwide has promoted Ajay Banga, president and chief operating officer, to chief executive officer, effective July 1. Banga also was named a member of MasterCard’s board of directors. Banga succeeds Joseph W. Selander, who will become executive vice chairman until his retirement on Dec. 31. MasterCard also promoted Alfredo Gangotena to chief marketing officer from global products and solution lead for MasterCard in Europe. Gangotena replaces Lawrence Flanagan, who is retiring.

SACRAMENTO, Calif. — The Golden 1 Credit Union has launched a new person-to-person (P2P) payment service called EZPay Personal Payments that allows members to send money electronically to other individuals with Internet access.