Campus Cards, College and University Identification and Security

Regulations make it tougher for banks on campus

Thursday, April 26, 2012

Banking partnerships increase in 2011, though slightly

Campus card bank partnerships, like many financial service offerings, are having a tough time as increased regulation makes it harder for banks to turn a profit and make programs attractive to schools. Despite this challenge, 2011 saw some growth in the number of programs and several banks did see their numbers increase.

The biggest issue for banks with campus partnerships is how to make money. As regulators clamp down on fees banks can charge cardholders and merchants, the profitability matrix has changed. The pendulum has shifted forcing banks to focus less on fee income to make the business case and more on the long-term value of the customer relationship.

There are 1806 words in the rest of this article …

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A month-old security policy at Emerson College, called Tap and Go already has some off-campus students raising safety and usability concerns.

Under the new system, everyone entering an Emerson campus building must tap their IDs or be signed in. The policy also mandates that the outside doors of residence halls be locked automatically, requiring a campus ID to enter, according to a report in the Berkeley Beacon.

read more »

Students attending the University of South Florida’s St. Petersburg campus can now ride Pinellas County buses for free when they show drivers their student ID.

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Students at Williams College are swapping their mag stripe student IDs for a new, combined mag stripe and proximity credential.

The new IDs will be used to gain access to building and study rooms on campus both during and after hours.

read more »

St. Edward’s University, like many other institutions, uses student ID cards for physical access to campus buildings as well as to make purchases on campus. These functions are in place as a safety measure and St. Edward’s is making sure to stress this to its students.

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