| | Entropia ATM cards go awayJanuary 31st, 2007 |
VirtualWorldlets is reporting that the bank that provided the service has been dropped from the larger MasterCard network. Therefore, Entropia can’t use them as an ATM provider anymore. The reason?
MasterCard’s action came after the New York Community Credit Union and the card provider, CardOne Plus, had a series of run-ins with a regulatory body, the Financial Institutions Commission of British Columbia, which, in its fourth and last action, a penalty order, called North York a “rogue financial institution” having “shown complete disregard for the laws of British Columbia.”
According to the article, MindArk is in talks with another bank to get up and running with the ATM cards again.

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