Payments/Credit/Debit

ATM manufacturer NCR corporation is highlighting an aspect of its machine's software that is able to withstand an "insider" placing malware on it machines.

A state lawmaker in Massachusetts has filed a legislative measure which would cap card interchange, according to media reports.

Just as many big bank credit and debit card issuers are cutting back or even eliminating their card rewards programs, credit unions are finding their members are using rewards programs more and differently.

Fidelity National Information Services is purchasing Metavante Technologies Inc. for approximately $10 billion in FIS stock.

The inability of the card industry's data security standards, on their own, to protect cardholder data has drawn fire from federal legislators impatient with the number and frequency of high profile card data security breaches.

A spokesman for the Electronic Payments Coalition said retailers' latest efforts to intimidate members of Congress into cutting or capping card interchange reflected their desperation to find traction on the issue.