Samsung Pay rolls out ATM cash withdrawal capability

This week at the Samsung Developer Conference in San Francisco, the Korean tech giant introduced new features for Samsung Pay — including cardless cash withdrawals and deposits at ATMs. Samsung Pay Director Natalie Oestman introduced the new features and said...

Study: Self-service continues to gain ground among US consumers

U.S. consumers' preference for depositing checks by teller continues to decline — even for higher-value checks.

Budapest ATMs get 'Steampunk'd'

In celebration of Budapest100, an annual urban civil festival celebrating the 100-year-old buildings of Budapest, CIB Bank recently showcased a pair of "120-year-old ATMs." Or, at least, what CIB's ad agency imagined ATMs might have looked like had they existed...

Cardtronics to 'redomicile' in UK

Cardtronics Inc. has announced a plan to change its parent company's location of incorporation from Delaware to the United Kingdom, subject to stockholder approval.

US Bank launches loyalty app pilot

U.S. Bank has launched Deal Local, a mobile app designed to help local businesses attract new customers and build loyalty with existing customers through deals and rewards, according to a press release. Retailers in Lawrence, Kansas, now have exclusive access...

Software providers partner on multifactor omnichannel security solution

Banking solutions provider Infosys and security software developer Onegini have partnered to integrate the Onegini mobile security platform with Finacle banking solutions. Infosys Finacle is part of EdgeVerve Systems, a product subsidiary of Infosys. The integration of Finacle will allow...

MasterCard joins Visa in effort to speed up EMV transactions

MasterCard has unveiled M/Chip Fast, an application based on the company's existing technology and intended to help speed EMV transactions and shoppers through checkout lines, according to a press release. The move comes a week after Visa announced its own...

Fraud prevention solutions saved FI clients $40M in 2015, TMG says

Fraud detection and prevention strategies implemented by payments processor TMG saved the credit union service organization's clients more than $40 million in potential fraud losses in 2015, according to a company press release. This savings represents an increase of more...

EMV Migration Forum intros new implementation resources

With the U.S. migration to EMV chip technology ongoing, the EMV Migration Forum is providing additional guidance to help move the transition along, according to a press release from the forum. The organization has introduced three new resources: a Web resource for implementation of best practices; the white paper, "PIN Bypass in the U.S.

Fiserv rolls out CardFree Cash across US market

Fiserv Inc, a provider of financial services technology solutions, has officially launched CardFree Cash. The solution allows ATM users to withdraw funds at thousands of locations nationwide without using a card or paying a surcharge, a Fiserv press release said....

Report examines growing threat from ATM malware

The Europol European Cybercrime Center and Trend Micro have announced their latest joint report, "ATM Malware on the Rise." The document offers an overview of the ATM malware threat and specific malware types in circulation. The report highlights the increasing...

ATMIA, Smart Card Alliance to work together in Latin American market

The ATM Industry Association and Smart Card Alliance Latin America have announced a collaboration agreement for the Latin America market. One of the organizations' first joint initiatives will be to promote the use of the region's ATMs to replenish transportation...

Report: Cross-border remittance market 'ripe for disruption'

Cross-border remittances are a big business: They totaled $582 billion in 2015; in 2016, they're expected to grow to $587 billion; and by 2020, says research and advisor firm Aite, they will hit an estimated $636 billion. According to the...

Report: Cybercriminals organizing, functioning like legitimate businesses

Trustwave has issued its "2016 Trustwave Global Security Report," which details the top cybercrime, data breach and security threat trends from 2015. The new report highlights a troubling trend in criminal operations, according to a Trustwave press release. "Cybercriminals have...

Austin's MetroRail solves its EMV liability shift problem

Rather than spend $4.6 million to upgrade the 22 ticket kiosks in its system, Capital Metro in Austin, Texas, simply decided that MetroRail ticket sales will be cash-only by the end of the year. "The cost analysis we did over...

FIs unseated as top targets of cybercrime

The retail sector claimed the unenviable No. 1 position on the list, experiencing almost three times as many attacks as the financial sector last year.

Study: Wincor assumes top spot for multivendor ATM software in North America

RBR analyzed information from banks in 64 different countries and concluded that the market for ATM software has evolved considerably over the past three years.

Visa intros solution to speed up EMV transactions

Visa Quick Chip allows customers to dip and remove their EMV chip card from the terminal, typically in two seconds or less, without waiting for the transaction to be finalized.

Fiserv, Cisco partnership to support branch transformation initiatives

Fiserv will add Cisco unified communications services, including remote video customer service and secure in-branch Wi-Fi that enables assisted self-service, to its product portfolio.

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