Study: Financial services firms fail to act aggressively against cyberthreats

Cyberattacks against financial services providers are on the rise, but many firms' response is disproportionately weak in comparison with the threat level.

Registration open for Middle East ATMs 2014

Reduced rates are available to delegates who take advantage of early bird registration. Discounted rates are also available for banks, first-time attendees and ATMIA members.

India's ICICI Bank adds cardless cash withdrawal capability

The FI's customers can now send money to anyone in the country, even if the recipient doesn't have a bank account.

Bank of England addresses digital currencies

Institution does not believe Bitcoin poses a risk to financial stability in the UK.

Mercator announces free Viewpoint paper addressing Apple Pay, implications

'A Sleeping Giant Awakes: How Apple Pay Works and What it Means for Payments?' explains Apple Pay and explores what it means for the payments value chain.

South Carolina FCU, Fiserv forge new 10-year agreement

SCFCU will re-up its contract for the Spectrum account processing platform and add a host of other integrated solutions.

EMF to host EMV terminal training workshop for industry groups

The one-day event will provide a comprehensive review of chip technology, as well as focused sessions on development and best practices for implementation.

CSI supports tokenization for mobile payment security

Tokenization allows CSI customers to participate fully with leading mobile wallet providers, including the recently announced Apple Pay service.

FIs see mounting ATM fraud following Home Depot data breach

The retailer says that no PIN data was stolen in the breach. However criminals have found other ways to solve the problem of missing PINs.

Most Americans pay little or nothing in ATM, account maintenance fees

Annual ABA survey shows that 'consumers are in control' and have become adept at avoiding bank fees.

RBCG, Evo Payments, EVRY introduce first white label ATM services in Europe

The three partners are offering Europe's first white label ATM package, targeting retailers, hoteliers and travel centers.

Cummins Allison adds auto deposit option for full-function ATMs

The single-slot device accepts up to 100 bills or 50 checks, and features a graphical interface that leads the user through the deposit process.

Cambridge Mercantile, PNC Bank partner with Fiserv WireXchange

The browser-based solution integrates with Fiserv processing platforms and automates the wire transfer process.

Nets Group steps over to Tango for ATM driving

The Lusis Payments solution is now driving the Nets ATM estate of approximately 700 withdrawal and deposit ATMs.

Apple unveils Apple Pay mobile wallet at iPhone launch event

Apple Pay, which is set to launch in the U.S. in October, uses a secure element in the phone to store card information. It eliminates the need for a mag stripe, instead generating a single-use, unique number for each transaction.

Huawei Philippines seeks central bank's OK on virtual teller machines

Given approval by Bangko Sentral ng Pilipinas, the company says it will pursue installation of its VTMs on a commercial scale.

ATM, mobile providers meet up in Ugandan cash-out service

Customers of mobile money network MTN will be able to obtain cash at 147 Centenary Bank ATMs across Uganda.

FIS to acquire Clear2Pay for $484M

The purchase will bolster FIS’ global payments capabilities and enhance its abilities to deliver differentiated enterprise payments solutions, the company said.

Burroughs CAPI software adds user-controlled features

The common application programming interface for the company's scanner software now lets the user decide how to handle exceptions and other operational factors.

Fed completes research into payment system improvement

A representative from the Fed will present a draft of the forthcoming study in a Town Hall meeting this Thursday at the ATM & Mobile Innovation Summit in Washington, D.C.

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