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« March 8, 2006 | Main | March 10, 2006 »

March 09, 2006

Gartner - Fraudulent ATM Withdrawals Reflect Widespread Threat

Gartner analyst Avivah Litan writes about recent debit card/ATM fraud involving Citibank and other banks.   » Continue Reading

An Innovation Process For Bankers

Matt Stichnoth writes for Tom Brown's Bankstocks.com about innovation - "the search for the new, new thing in banking" - the latest book from Ideo's Tom Kelley and how some of Kelley's notions apply to innovation in financial services.   » Continue Reading

If You Can't Trust Your Bank, Who Can You Trust?

Larry Greenemeier blogs for InformationWeek about the problems some US debit cardholders are having getting cash at ATMs when traveling internationally - as a result of some banks blocking PIN-based transactions in certain countries that have experience unusual patterns of debit card fraud.

MobileLime Focusing on NFC Mobile And Loyalty Solutions

In a press release late last month, MobileLime announced a new platform that will allow consumers to get rewards and pay for purchases by waving their cell phone over a contactless reader at merchants.   » Continue Reading

Debit Card Attacks Also Involve PIN Compromises

Bob Sullivan reports for MSNBC on the recent incidents of debit card fraud that appear to be the result of card data being captured and used to create new counterfeit cards that are then used to access cash from ATMs.   » Continue Reading

ICBA, Microsoft Team Provide Data Security Resources for Community Banks

The Independent Community Bankers of America and Microsoft have announced they are teaming up to help community banks manage the security of their technology infrastructures and battle emerging security risks.   » Continue Reading

Debit Cards For Unemployment Benefits In North Carolina

Tom Murphy reports for The Rocky Mount (NC) Telegram that the Employment Security Commission of N.C. will soon stop mailing checks to unemployed people who qualify for benefits and replace them with debit cards.   » Continue Reading

European Commission Holds Payment Fraud Prevention Seminar

The European Commission has announced the completion of a two-day seminar on prevention of payment fraud with countries aiming to join the EU, which took place on 8-9 March 2006 in Brussels.   » Continue Reading

Experian Introduces Triple Alert Credit Bureau Monitoring

Experian Consumer Direct has announced that Triple Alert, the only three-bureau credit monitoring product at the low price of $4.95 per month, is now available at http://www.TripleAlert.com.   » Continue Reading

Headline News - Thursday, March 9, 2006

Note: Throughout the day, as Payments News happens, this post is updated.

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