banks debit
RSS banks debitProtecting Credit Card Data: How to Achieve PCI Compliance
White Paper These days, anyone who owns a credit card is familiar with the problem of identity theft, in which technology-savvy thieves extract customer credit and debit card information from unsecured databases. [31 May 2008]
Will consumers always want free banking?
Comment In other words, for customers who use the bank purely for payment transactions, settle credit card payments in a timely fashion, and do not overdraw their accounts beyond agreed limits, the bank's services - which could include cheque, credit card... [12 May 2008]
Credit crunch prompts the great cash comeback
News The economic downturn is prompting a comeback for cash, as shoppers avoid the temptation of spending money they haven't actually got by paying by credit or debit cards. Robertson added: "Banks should not be exploiting new payment systems as a way... [21 Apr 2008]
Visa Debit Processing Service (DPS) Delivers Flawless Service Through the Busy Peak Season
White Paper More than 140 institutions, including five of the largest banks in the United States, depend on the Visa Debit Processing Service (DPS) in Colorado to ensure transaction integrity and always-up availability for millions of consumers across the... [04 Apr 2008]
O2 Tube trial takes mobile payments underground
News Visa has already launched a contactless payment system known as payWave which is available in some areas of London and enables customers to wave a credit or debit card in front of a reader to pay for low value goods without needing to enter a PIN. [28 Nov 2007]
E-payments: Cheap as chips
News This is not only due to the money credit and debit card systems cost retailers, it also comes from processing the cash in everyone's pockets. Banks could then draw Selt from the Board of Commissioners of Currency and load it onto their computers. [27 Nov 2007]
Security experts slam HMRC over data loss
News Debit cards that link to the old accounts may also have to be closed and reissued. It is likely banks will suffer as a result of the breach, according to Gartner analyst Aviva Litan, as they are forced to go into emergency response mode. [22 Nov 2007]
Credit card cover does apply overseas
News Transactions made by debit and charge cards are not covered by section 75. The Law Lords have upheld a Court of Appeal decision that banks and credit companies should be liable for overseas purchases where the goods fail to arrive or are faulty. [02 Nov 2007]
Experian adds anti-fraud tool
News According to banks clearing service VocaLink, two per cent of the six billion direct debit and credit requests fail or are applied to invalid accounts every year, costing £3bn per year in repair costs. [03 Oct 2007]
Sepa headache looms for banks
News Chief among bankers' concerns was the implementation of SEPA direct debit mandates, with over one-third rating it as top priority and 44 per cent citing it as something that will prove difficult to manage. [01 Oct 2007]
euroConex Builds Scalable, Cost-Efficient Transaction Processing Solution for Merchants and Banks
White Paper euroConex provides an integrated payments processing service for credit and debit cards to banks, payment processors, and merchants in more than 30 European countries using a multicurrency platform. The company wanted to build scalable, flexible... [05 Sep 2007]
Web security breach exposes 54,000 card details
News It is up to cardholders themselves - it is best for people to keep an eye on their credit and debit card statements and notify the banks of anything suspicious straight away. A security blunder at Newcastle City Council has exposed the credit and... [27 Jul 2007]
Retailers fear contactless payments
News The idea is that newly issued debit and credit cards will be fitted with a second chip that will give the cards the ability to be read in retailers' stores using NFC (near field communications) technology. [24 Apr 2007]
Revealed: World's largest security breach
News Accounts and transactions affected included credit and debit card transactions, as well as checks and returned merchandise without receipts at the company's AJ Wright, HomeGoods, Marshalls and TJ Maxx stores in the US and Puerto Rico. [30 Mar 2007]
Mobile money shifting scheme announced
News Users sending money will be informed by text message when their money has been sent and has been received, while the recipients will be able to get hold of the cash via prepaid or debit MasterCard products. [12 Feb 2007]
