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Contactless payments tripling by 2024

Contactless payments tripling by 2024

Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet transactions increase and banks expand the use of contactless cards. The report found that several factors…

As ATM industry gathers in Houston, major innovations and challenges impact business

As ATM industry gathers in Houston, major innovations and challenges impact business

As the ATM industry gathers in Houston for the ATMIA U.S. Conference 2020, industry experts say there are a number of issues that are impacting the industry, including bank transformation, consolidation, cash access and new technologies.

Google to launch checking accounts with Citi, local credit union

Google to launch checking accounts with Citi, local credit union

Google, in another move by Silicon Valley to enter the financial services space, is teaming with Citigroup and Stanford Federal Credit Union to offer checking accounts to consumers, according to a source familiar with the agreement. The deal, first reported…

Consumer shift or shiny object?: What Apple Card could mean for retail banking

Consumer shift or shiny object?: What Apple Card could mean for retail banking

The introduction yesterday of Apple Card has the fintech world talking. But so did Apple Pay when it was introduced four-and-a-half years ago, and it still hasn't reached the tipping point. Here's what financial and technology experts have to say about the likely impact of Apple's highly anticipated entry into the credit card space.

US techs raise competition concerns in EU

In a recent probe by European Union regulators, Apple Pay was found not to be abusing competition laws, but the digital payment service could be subject to additional scrutiny if authorities receive formal complaints, according to a report by Reuters.…

Mobile wallet use growing fast, research finds

Apple Pay is far and away the leader for mobile wallet transactions, according to new research from Auriemma Consulting Group. The app accounts for 77 percent of mobile wallet transactions, while competitors Samsung Pay and Google Pay account for just…

Readers' top ATM news picks for March

Readers' top ATM news picks for March

For the second month in a row, the Kalpana thin client ATM solution from NCR 'cut down the net,' so to speak.

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