Airlines are taking advantage of the onset of one of the year's heaviest travel seasons to promote their electronic self-service check-in and ticketing machines. Both American Airlines and America West today released statements touting their airport kiosks and encouraging customers to use them in the coming days to avoid long …
Read More »Study Shows Consumer Preference for PIN Debit
A major study on consumer payment preferences at the point of sale released today shows not only a stronger trend toward debit cards generally but also a stronger preference for cards secured by personal identification numbers rather than by signatures. This is despite strong promotion from the major card companies …
Read More »Makers of Digital Voting Machines Form a Trade Group
Beset by complaints about the alleged lack of security surrounding their products, six makers of electronic voting machines have started a trade group intended to put to rest public apprehension about electronic voting. The six companies have formed the Election Technology Council in partnership with the Information Technology Association of …
Read More »Gift Cards Gain Popularity
A new survey indicates sharply higher popularity for gift cards. According to the survey, an estimated 97 million Americans, or 45% of the adult population, bought a gift card in the last 12 months, twice the number who bought one in 2002. The 2003 survey, which was conducted in August …
Read More »Visa Posts Strong Third-Quarter Volume Gains
Shrugging off what it called a “challenging” year that included a $2 billion legal settlement with retailers, Visa USA reported this morning strong gains in transaction volume on its credit and debit card business for the third quarter. Total volume grew almost 13% to $285.8 billion, leading president and chief …
Read More »TCF Re-Ups with Visa
After an acrimonious summer in which TCF Financial Corp. first complained about the costly Visa/MasterCard settlement in the Wal-Mart case, and then complained even more bitterly when Visa threatened to levy a penalty on TCF if it switched debit brands, the Minneapolis-based bank has come to terms with Visa and …
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