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Ramesh Mengawade

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ElectraCard admits system breached in global ATM heist

A Pune-based card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December.ElectraCard......

ElectraCard hit by deals worth only $5 mn, says CEO

Crime was carried out by a syndicate and involved breaking into the computer systems of global financial institutions ElectraCard Services (ECS), the Pune-based payment card processing company,......

Indian card processor in $45-mn heist

The Indian card processor - used in the heist on December 21, 2012 - was ElectraCard Services, which is based in Pune, India. One of the credit card processing companies whose security was breached......

Now, a multi-currency prepaid travel card

ElectraCard Services (ECS), a provider of software solutions for electronic payment systems, has partnered with UAE Exchange, a global remittance and foreign exchange brand, for the launch of......

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