CPI Receives Card Patents and other Digital Transactions News briefs from 10/18/17

For U.S. Bancorp’s Elavon unit, merchant-processing revenues were down slightly in the third quarter, to $405 million, compared to a year ago, according to the bank’s earnings release. But revenue year to date is up 0.2%, at $1.19 billion, compared to the same period in 2016.
Payment card manufacturer CPI Card Group Inc. said it received three U.S. patents for its “Encased Tungsten Fusion” card, a metal card consisting of tungsten enclosed in PVC plastic. The company also received patents for the card in Canada and the United Kingdom.
Five Star Bank in upstate New York said its customers now have access to Cardtronics plc’s Allpoint network of surcharge-free ATMs.
MagicCube, developer of technology for software-based PIN entry on mobile devices, has joined the PCI Security Standards Council as a participating organization.
Canadian payments provider Bambora, which was acquired by Ingenico Group in July, opened an office in Toronto.
In related news, U.S.-based TV streaming service Worldstream Media Inc. selected Ingenico ePayments for payment processing in Europe.
NCR Corp. said its Epsilon EMV solution has received certification with Wayne Fueling Systems, a vendor of fuel-dispensing, payment, automation, and control technologies. The liability-shift deadline for fuel-pump EMV is October 2020.
Wex Inc. announced a 10-year extension of its fleet card contract with convenience-store chain Sheetz Inc.

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