The Financial & Security Products Association, Albuquerque, N.M., has filed a motion for a preliminary injunction against Diebold Inc. as part of an antitrust suit the 307-member trade group filed in October against the North Canton, Ohio-based ATM manufacturer. The motion asks Judge William H. Alsup of the U.S. District …

With hackers, phishers, and other criminals undermining the trust all transaction networks depend on for their survival, some experts say the time has come to fight back. In the following excerpt from “The Myth of Invincible Encryption,” an article that will appear in the May-June 2005 issue of Digital Transactions …

Some ATM experts are expecting the number of wireless terminals to increase in coming years, and not just for mobile applications like flea markets and fairs. Fixed-location deployments, such as retail stores, may increasingly adopt untethered ATMs because of their TCP/IP connections through readily available public cellular networks and their …

The ATM Exchange, a supplier of ATM parts and service, will begin selling next month a retrofit product for older ATMs that upgrades them to run on Microsoft Corp.'s Windows operating system. The product, called 3DES Plus XP, also renders ATMs compliant with so-called triple-DES encryption requirements laid down by …

Two key results of First American Payment Systems L.P.'s acquisition of National Data Funding Corp.?consummated late last year and announced last week?are that First American gains an inhouse facility for wireless, Internet Protocol-based transaction processing while R. Scott Hatfield, one of NDFC's long-time owners, can now devote himself full-time to …

VeriSign Inc. says heavy promotion it's putting behind its new trust mark for e-commerce will drive the number of payment-gateway client sites displaying the mark from 40,000 currently to more than 70,000 by year's end. And it expects that number to double by the end of 2005. The Mountain View, …

Just ahead of the holiday shopping season, VeriSign Inc. has introduced a new mark that e-commerce sites can display to reassure shoppers about the security of their payments. The VeriSign Secured Seal denotes that a Web site uses Secure Sockets Layer encryption and other technologies?including the company's gateways–to guard customer …

The market for wireless point-of-sale credit and debit card transactions is about to heat up. Founded in 2002, Boston-based Way Systems Inc. is introducing a point-to-point processing system that includes mobile phones equipped with card swipes, security and transaction programming, and keypads for personal identification numbers. The swipe, keypad, and …

Nine electronic funds transfer networks have now approved a $1,600 retrofit kit from a Cincinnati-based ATM refurbisher and servicer for use in ATMs on their systems. The kit, called 3DESPlus, allows ATM owners to upgrade existing machines to make them comply with new security requirements from the bank card companies …

Central Technology Services, the Jefferson, City, Mo.-based transaction-processing arm of Central Bancompany, says it will move its ATM-driving capability from its mainframe to a server-based system from Mosaic Software, Deerfield Beach, Fla. The software, which runs Microsoft Corp.'s Windows operating system, will handle ATM driving, transaction switching including intercept processing, …