Worldwide


People on the Move: Mike Fisher, CPI Card Group

Littleton, Colo.-based card producer CPI Card Group announced that Mike Fisher has joined the company to lead its EMV Field Support Team, and he will provide guidance in the migration to EMV in the U.S for CPI’s customers.

People on the Move: Brian Cornell, Target Corp.

Target Corp. announced that its board of directors has named 30-year retail and consumer products veteran Brian Cornell as the company’s next chairman of the board and CEO, effective Aug. 12, 2014.

Blackhawk, Barclays to Launch Pingit Gifting Feature (Aug. 5, 2014)

Blackhawk Network today announced a partnership with U.K.-based Barclays Bank PLC to launch an e-gifting feature for Barclays’ Pingit mobile banking service, enabling consumers to purchase an e-gift for themselves or someone else using their mobile devices.

Diebold: on the comeback trail

After a decade of being the ATM maker you’ve never heard of, Diebold is returning to Europe and a year into his tenure as president and chief executive at the firm, Andy Mattes thinks that the company’s profile is about to change.

“Cambrian explosion” of data costs banks dear

The rising volume of market data is comparable to the Cambrian Explosion in which the number of species on Earth dramatically increased around 542 million years ago. Banks will have to adjust to this deluge of data if they are to keep pace with aggressive new competitors.

Starbucks Plans Further Jolt for Mobile (July 31, 2014)

Starbucks has racked up nearly 12 million active monthly users for its mobile app, which processes 6 million transactions a week—and the company is looking to build upon that success, according to CEO Howard Schultz.

LME overhauls network architecture

The London Metal Exchange is working with Colt to launch a new dedicated network interconnecting all its systems including the LME Clear clearing service.

Entering the Banking Technology Awards – guidelines from the editor

Entries for the Banking Technology Awards 2014 have been open for a while now, but as we move into the last few weeks, this is always a time when we are flooded with questions about the process. By way of response, here are some guidelines based on my experience chairing the judging panel over the past 11 years.

Lawmakers Pressure DOE on Campus Card Rules (July 28, 2014)

New restrictions on campus debit cards being considered by the U.S. Department of Education have the potential to be too far-reaching and severely limit students’ access to financial services, according to more than 40 U.S. lawmakers—senators and congressman, Democrats and Republicans.

Financial institutions and Cybercrime: It’s only just begun

A recent bout of high profile cyber-attacks on financial institutions across the UK, US and Canada has put the spotlight back on the importance of data security and the need to be diligent when it comes to cybersecurity within the banking industry

New Exec Director for NBPCA (July 23, 2014)

The Network Branded Prepaid Card Association announced today that Doug Bower will join the association as executive director and president, effective August 5, 2014.