Bike Rental Firm Places Contactless Order
French contactless technology vendor Ask has won an order to supply contactless badges for Cyclocity, a self-service bicycle rental business that is planning to start operations in several European ci...
QSecure Prevents Cloning Of Mag-Stripe Cards
Palo Alto, California-based start-up QSecure has developed technology that stops the cloning of magnetic-stripe cards by equipping them with one-time-use cryptographic numbers.
Western European ATM Market Growth Continues
The total number of ATMs in Western Europe rose by 4.4 percent last year to 342,495, according to London, UK-based Retail Banking Research (RBR). The latest edition of RBRĘs annual survey of 18 countr...
Heartland Payment Signs Parking Pact
Heartland Payment Systems has entered a strategic alliance with Parcxmart Technologies, the U.S-based developer of a smart card used for paying parking tickets. The two companies have also signed an e...
ID Theft Mainly Due to Offline Crime
Traditional, offline methods are still the most common way for thieves to steal a person's identity, according to U.S consultancy Javelin Strategy & Research.
Identity Thieves Target Tourism, Charity Websites
Eastern European hackers have placed malicious code on 10,000 Websites in Italy, Spain and the U.S in a bid to steal users' financial information.
EDS Launches Mid-Range Card Platform in Brazil
U.S-based IT services firm EDS has launched a mid-range card processing platform in Brazil that is designed to allow a wider range of financial institutions and retailers to offer credit cards.
UK City Smart Cards to Get e-purse
sQuidcard, a UK contactless payments start-up, is to add its 'tap-and-go' e-money purse to the Bolton Smart card. Launched in November 2006 by Bolton Council, the Bolton Smart card gives people living...
CyberSource Pours Money into e-Payments Gateway Firm
CyberSource, a U.S-based e-commerce security firm, announced it will acquire Authorize.Net, an e-payments gateway provider. The stock and cash transaction is valued at approximately US$565 million, th...
Report Cites UK Financial Sector Security
The average number of IT security flaws at UK financial organizations has grown by 20 percent over the past year, according to a report from NTA Monitor. The UK-based IT security firm tested the vulne...
U.S. Pharmacy Chain Launches PIN Debit Card
U.S drugstore chain CVS/pharmacy will issue a co-branded rewards-based debit card in association with HSBC Finance Corp. The CVS ExtraCare Plus card will be based on HSBC's OptiPay rewards-based PIN-d...
U.S. Women Double Debit Card Usage
Debit card usage by women in the U.S has more than doubled since 2003, according to MasterCard.
Indian Bank Pilots Biometric Smart Cards
Union Bank of India has teamed up with Indian software firm Financial Information Network and Operations (FINO) and Cashpor Micro Credit to launch a biometric smart card trial in Uttar Pradesh.
Security Firm Say PCI Falls Short
Half of the world's largest merchants are not compliant with the data security standards set by the Payment Card Industry Security Standards Council (PCI SSC), according to a security management compa...
VeriFone First in Line for Big Apple Taxi Payment
VeriFone says its payment systems are the first to be approved for full-scale rollout in the New York City Taxi & Limousine Commission's (TLC) effort to upgrade all of the city's licensed yellow taxic...
Gemalto Wins Healthcare Payment Card Order
French smart card vendor Gemalto has won a contract from LifeNexus to supply technology and professional services for North America's first healthcare payment card. It did not disclose the value of th...
Aussies æLostÆ Without Web Banking
Australians rank Internet banking as the second most important technological advance that has improved their lives in the last 10 years, according to the Commonwealth Bank of Australia (CBA).
Coins Exchanged for Prepaid Cards
U.S financial service kiosk operator Coinstar is issuing prepaid Money Network Pay Cards from selected kiosks in a consumer trial.The cards dispensed by the machines are issued by Money Network Financ...
Instant Banking Services Planned for Spain
Spain's Banco Sabadell has signed a five-year agreement with the country's national telecoms operator Telefonica to jointly develop a new range of electronic banking services. The Barcelona-based bank...
Barclays Launches Mobile Internet Banking
Barclays has introduced a free mobile banking service for its 1.9 million online banking customers.