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First Data Secures Major Processing Contract with Samba Financial Group |
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First Data International has announced a major new card processing contract with Samba Financial Group, and the successful conversion of Samba's portfolio to First Data's issuing platform.growth. |
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Study Finds Debit Card Usage by Women Has More than Doubled Since 2003 |
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A growing number of women use debit cards to manage personal and family finances, according to the results of the “Women in the Financial Marketplace” analysis, part of the Yankelovich MONITOR 2006/07 study. The study, commissioned by MasterCard Worldwide, found that debit card usage by women has more than doubled since 2003, growing from 20 percent to 43 percent. |
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New JV from Altair and Vodatel |
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Altair Financial Services International Plc and Vodatel have announced the formation of a joint venture - iPay Holding - to provide prepaid and stored value card services globally with a focus on the Middle East, Africa, Indian Subcontinent and Asia Pacific. |
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Bank Secrecy Act Considered Most Challenging Compliance Issue of 2007 |
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The Bank Secrecy Act (BSA) and USA PATRIOT Act continue to rank among the most challenging compliance issues facing the nation’s community and regional banks, with 98 percent planning a risk-based assessment of their anti-money laundering (AML) programs in 2007. |
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Diebold Agilis Empower Advances Largest Banking Network in Singapore |
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With the next generation of Diebold technology, banking customers in Singapore and throughout Asia Pacific can now enjoy customized transactions that are compatible with multiple chip card applications and dispense several foreign currencies. |
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GE Money Wins Global Industry Award |
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GE Money has won the 2007 Global Award for 'Best Finance Company' by Cards International. The award acknowledges GE Money's continued growth in both existing and new markets, its continued success at providing high quality customer service and its initiatives in new products. |
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Smartdreams joins GALITT to develop a largest offer on payment system services |
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Smartdreams and GALITT announce the signature of a letter of intent to integrate Smartdreams in GALITT. This current operation will take effect by the end of June 2007. |
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