Friday , March 29, 2024

Search Results for: atms

First Data’s Finances Continue To Brighten as New Clover POS Products Debut

Processing giant First Data Corp. didn’t manage to record a second consecutive profitable quarter, but its financial picture did continue to brighten. Simultaneously, First Data officially launched two new, smaller-footprint products in its Clover line of mobile point-of-sale technology. The Atlanta-based company on Monday announced it had taken a $112 …

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Bitcoin Struggles, But Investors Write Checks Nonetheless

Bitcoin had a rough first quarter, leaving open questions about its ability to break into the mainstream of global payments. But that didn’t stop investment cash, which poured at a record rate into startups supporting the digital currency. So says a quarterly report released last month by Coindesk Research, which …

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Costco Gets a Lift by Adding Card Acceptance to Food Courts

By Jim Daly Warehouse retailer Costco Wholesale Corp. has been in the news recently because it is  replacing American Express Co. with Visa Inc. and Citigroup Inc. as its major-brand payment card partners. But a little-noticed change in its U.S. stores’ food courts shows what can happen when a retailer adds …

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Beset by Volatility and Usage Questions, Bitcoin Attracts Record Investment

Bitcoin had a rough first quarter, leaving open questions about its ability to break into the mainstream of global payments. But that didn’t stop investment cash, which poured into startups supporting the digital currency at a record rate. That’s according to a quarterly report released Friday by Coindesk Research, which …

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Prepaid: A New Currency in Disguise

Security Notes Its roots are old and its practice common: Whether gift cards, concert tickets, or a retainer paid to your lawyer, the idea of paying ahead of receiving the intended merchandise, or the agreed-upon service, is implemented with great versatility. What drives this practice? The service provider surely loves …

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The Other Chip Card Conversion

ATM deployers still have more than 18 months to get ready for EMV. Will they make it? Credit and debit card issuers are furiously pumping out hundreds of millions of EMV chip cards this year. And stores are busily retrofitting their checkout lanes to accept them. Often overlooked in all …

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With EMV’s Rise, Debit Card Fraud on Canada’s Interac Network Falls to a New Low

Counterfeit fraud on Canada’s Interac debit cards fell 45% to a record low in 2014, and 80% of the fraud happened outside of Canada, according to new figures from Toronto-based Interac Association. The five-year slide in skimming-related fraud coincides with the rise of EMV smart cards in Canada as well …

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Cardtronics Finds Banks To Fill Part of Its Chase ATM Void

Leading retail ATM network owner Cardtronics Inc. has already found banks ready to put their brands on 40% of the Cardtronics ATMs that until recently bore the JPMorgan Chase & Co. brand, chief executive Steve Rathgaber told analysts Wednesday. Chase informed Houston-based Cardtronics about three months ago that it planned …

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Most ATM ISOs Moving To Upgrade Their Machines Before 2016 Liability Shift

Sixty-one percent of respondents to a recent ATM Industry Association survey said that 76% to 100% of the ATMs they operate will be ready for the Europay-MasterCard-Visa (EMV) chip card liability shift that takes effect in October 2016, the trade group of ATM independent sales organizations and retail ATM operators …

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Multiple Waves of Upgrades Keep ATM ISO Dolphin Debit Busy As Growth Sizzles

The expense of managing multiple upgrades to fleets of ATMs has small banks and credit unions turning to companies like Houston-based Dolphin Debit for help. Dolphin Debit, which manages more than 1,000 ATMs for more than 200 financial institutions and at several Murphy USA locations in 10 states, says its …

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