Over the past two years, federal lawsuits have been filed in 16 states against ATM operators for violating the Electronics Transfer Act and Regulation E, which requires a fee notice to be displayed on the ATM and the ATM screen. ATM owners without these decals may be targeted for expensive litigation. Fortunately, GetBranded partnered with…
TransFS Launches Credit Card Processor Directory
Transparent Financial Services (TransFS.com), a marketplace for businesses seeking financial services, has launched the TransFS Credit Card Processor Directory, the first comprehensive Web site through which businesses can research, rate and review credit card processors. In the past, researching the quality of a new credit card processor required a business owner to conduct hours of…
Loblaw Upgrades Fuel Dispensers
Toronto-based Loblaw Companies Limited is upgrading more than 750 fuel dispensers at 200 locations across Canada with Gilbarco’s FlexPay EMV CRIND Card Reader in Dispenser. The new CRIND complies with EuroPay MasterCard Visa (EMV) payment system requirements, as it handles “chip and PIN” debit and credit cards. “Gilbarco has been our preferred dispenser supplier for…
Serving the Unbanked
As the economy worsened, the number of adult Americans without bank accounts grew exponentially—and the use of prepaid cash cards climbed to new heights as well. Directo, a company that tracks pay cards to unbanked workers, reported that the recession has sent the number of unbanked Americans soaring to about 50 million, well up from…