Patterns and trends: Visa helps curtail fraud for banks, merchants and consumers

by Pat Shea — Editor, NetworldMedia

Fraud is something that financial institutes, banks, merchants and consumers regularly battle. ATM Marketplace spoke with Mike Lemberger, senior vice president…

European banks set for better earnings season

October 19, 2020

European banks are gearing up to report third-quarter earnings and analysts are expecting reductions in loan loss provisions to drive stabilization.

Creating cash agad partners helps unbanked in the Philippines

October 19, 2020

Cash Agad is a service provided by the Philippine bank, BDO, to give those in rural, far flung or unbanked communities access to banking and ATMs, according to…

Gas station offers "human ATMs" to help customers

October 19, 2020

In India's Hebbal housing and industrial area, Sri Varaprada Fuels, a local Bharat gas station, is not just dispensing fuel, but providing customers with…

The Current State of Cybersecurity for ATMs

ATMs have now become a popular point of exploitation for cybercriminals. Read on to find out how banks can use effective countermeasures with the Lookwise…

Presented by Auriga

SprintQuip: Auriga Expands in Australasia with New Partnership

Top cash handling solutions provider SprintQuip to grow regional market for Auriga’s omnichannel banking and payment software solutions

India's white label ATMs may face closure in rural areas

October 16, 2020

White label ATM operators in Mumbai may be forced to close down ATMs, which are predominantly deployed in semi-urban and rural areas, due to restrictions…

Ecosia invests $1M in wooden debit card startup

October 16, 2020

Eco-friendly, U.K.-based search engine, Ecosia, is investing £1 million ($1.1million) for a 20% stake in TreeCard, a wooden payment card program.

Using AI to find credit-worthy bank customers

by Peter Barcak — CEO & Co-Founder, CredoLab@ PVT LTD

For the unbanked, being able to establish credit is almost unattainable. The unfortunate scenario is many of those classified as a bad risk could be among some…

Bank of America misses on third-quarter revenue

October 15, 2020

Bank of America shares fell Wednesday after the bank posted third-quarter results that missed on revenue, according to a report in CNBC.

Citigroup earnings top street estimates

October 15, 2020

Citigroup released its third-quarter earning results this week and they results were better than analysts expected, according to a report in CNBC.

JP Morgan Chase revenue ahead of analysts' estimates

October 15, 2020

JPMorgan reported a 30% jump in trading activity for the third-quarter, considered the result of markets' continued volatility, which lifted the bank's revenue…

UK Treasury explores future of cash

October 15, 2020

The U.K. Treasury is launching a six-week "call for evidence" on ideas and feedback regarding what the impact would be on communities if the U.K. went cashless…

CMS launches 'Algo' AI-automated ATM security software

October 15, 2020

India-based CMS Info Systems has launched Algo, a fully-automated, artificial intelligence-powered ATM security software application

Fintech to install kiosks that exchange cash for prepaid Mastercard

October 15, 2020

XTM, a Toronto-based fintech company in the challenger banking space that provides mobile banking and payment solutions, will be installing…

Wells Fargo earnings fall short of estimates

October 14, 2020

Wells Fargo reported disappointing earnings for the third quarter as low rates put pressure on the bank's net interest income, according to a report in CNBC.

Germany banks brace for post-pandemic bankruptcies

October 14, 2020

With Europe's economy struggling due to the pandemic, Germany's central bank is taking steps to warn all banks to brace for a potential wave of insolvencies…

Morphis, CIMA Cash Handling America form partnership

October 14, 2020

Morphis, Inc. and CIMA Cash Handling America Inc. have formed a strategic alliance in the U.S. cash handling marketplace that integrates CIMA's cash management…

Some Reflections on Our 2020 Banking Predictions

Looking back on our predictions for banks from the start of the year, it’s fair to say no one could have known how the year would turn out and how big the…

Coin Cloud installs 1,000th digital currency ATM

October 13, 2020

Coin Cloud, a digital currency machine company, opened its 1,000th kiosk installation. The installation took place at Vallarta Supermarkets in East Palmdale…