CR80News | 'Red Flag Rules' catch card offices by surprise

Wednesday, November 17, 2010

Campuses must secure students IDs

By Andy Williams, Associate Editor, AVISIAN Publications

Students, either because of their naivety or just plain carelessness, are ideal candidates to have their identities stolen. They may loan their campus card to another student to use in the dining hall or just leave their card and other personal possessions unattended while they participate in a basketball game.

New rules set to take effect at the end of this year are designed to protect students from their own negligence while providing more paperwork for colleges. These “red flag rules,” designed to protect bank customers–and students–against ID theft, have caught many schools by surprise.

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HSBC starts roll out of contactless bank cards

HSBC announced that it will begin the conversion to contactless technology this month, replacing all customer banking debit cards, according to ThinkMoney.com.

The bank will start to roll out the new contactless cards to existing customers whose debit cards are due to expire this month and then continue the process as cards expire. Customers who don’t want a contactless card can opt out by contacting their bank before their current card expires.

U.S. Bank partners with Hamline University

A new partnership between Hamline University, Saint Paul, Minn. and U.S. Bank will enable the school to offer enhanced banking services to its students, faculty and staff through the school’s campus ID card.

Campus card 'evangelist' strikes out on his own

Tom Bell offers expertise to campus card directors

Paraphrasing a famous comedian, Tom Bell says that campus card programs ‘get no respect.’ This is despite the fact that if a school’s card program were suddenly to go away, he believes the university would practically shut down.

Saudi bank deploys Gemalto banking cards

Al Bilad Bank, a Shariah-based financial organization in Saudi Arabia, has deployed Gemalto’s Dexxis Instant Issuance solution for EMV payment cards in more than 120 bank branches. With this system, Al Bilad can issue up to 2,000 EMV DDA high-end security smart cards a day.

Comments

Fred Emery Permalink

November 17, 2010 10:18 AM

Ramonia also spoke recently at the Heartland Campus Solutions User Group Conference about this topic and provided information to the Heartland campus clients. This is a topic all card administrators need to review and make sure they understand. Thanks Ramonia for helping to spread the word about this and assist campuses in knowing more about Red Flag.

http://www.1card.com

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'Red Flag Rules' catch card offices by surprise

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