UK Consumer Debit Card Shift Advances
Jul 04 2008
: Debit cards continue to grow in favor with UK consumers, while credit card spending declines, according to data from UK payment association APACS .
E-Commerce Pioneer Launches ‘Voice-Signature’ System
Jul 04 2008
: Nick Ogden, a Briton who launched one of the world’s first e-commerce processors in 1994, has developed a system for voice-signed financial transactions.
French NFC Chip Vendor Dials Up Investors
Jul 04 2008
: French contactless payments chip vendor Inside Contactless has received an investment from Samsung Ventures America, the investment arm of Korean handset vendor Samsung.
Charges Filed in $2m Citi ATM Fraud
Jul 03 2008
: Three people face charges in a New York court relating to allegations that they used data taken from a server that processes Citi-branded ATMs at 7-Eleven convenience stores to steal US$2 million from Citi customers’ accounts, according to Wired.
Indiana Bank Customers Hit by Foreign ATM Scam
Jul 03 2008
: A security breach has hit ATM cardholders in South Bend, Indiana, affecting hundreds of customers and dozens of banks and credit unions in the area.
GSM Operators and Euro Banks in NFC Payment Pact
Jul 03 2008
: European banks and mobile operators have reached an agreement to develop the use of mobile handsets for NFC (near field communication handsets) payments.
UK Travelers Suffer High Foreign ATM Fees
Jul 02 2008
: British holidaymakers who withdraw cash from foreign ATMs are paying fees and commission of up to 4 percent, warns financial comparison Website MoneyExpert.com.
Dallas Police Get Tough on ATM Crime
Jul 02 2008
: For criminals, ATMs are often considered easy targets, which is why the Dallas Police Department (DPD) has decided to drastically change the way it deals with ATM crime, reports WFAA.com.
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