Contactless payments tripling by 2024

February 11, 2020

Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet…

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

by David Jones — Editor, Networld Media Group

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…

Intercard introduces Blockbuster iTeller

February 10, 2020

Intercard Inc. recently introduced its Blockbuster iTeller designed for the growing numbers of family entertainment centers that have cinemas, according…

Barclays signs extension deal with Visa

February 10, 2020

Barclays, which processes almost half of the credit and debit card transactions in the U.K.,  has signed a new, multi-year partnership deal with Visa…

UK bank customers paying more in fees, as free ATMs, branches slashed

February 10, 2020

Bank customers in the U.K. are paying millions more in bank fees as free cash machines are being slashed, and bank branches are shrinking, according to a…

What is the future of banking technology for 2020?

Just like the previous year, Auriga kick-starts the new year with a list of 2020 trends, which we anticipate will define the banking sector in the upcoming 1…

Brink's invests $9M stake in Moneygram

February 7, 2020

The Brink's Company has invested $9 million in Moneygram, a money-transfer company, according to a company release.  

How retail banks can speak to the customer experience

by Janet Hawkins — CEO & Founder, Opterus Inc

Janet Hawkins, president and CEO at Opterus, explains why retail banks need to continue ensure bank associates have the necessary tools that allow them to…

Mastercard partners with North Macedonia on digital identity solutions

February 7, 2020

Mastercard is partnering with the Republic of North Macedonia to develop digital identity solutions that will give citizens of that country a new way of…

Galileo opens Mexico City office to serve growing LatAm fintech market

February 7, 2020

Galileo Financial Technologies Inc., which backs many fintech and financial institutions, has opened an office in Mexico, reflecting the company's interest in…

Bitcoin Depot grows deployment to 500 ATMs nationwide

February 6, 2020

Bitcoin Depot, a multi-currency cryptocurrency ATM network, announced an expansion to 500 ATMs worldwide, making it the largest blockchain ATM network across…

Visa gains on holiday e-commerce, retail spending

by David Jones — Editor, Networld Media Group

Visa reported strong earnings during the fiscal first quarter, fueled by solid e-commerce and retail spending that offset weaker travel and restaurant spending.

Avant completes spinoff from Amount

February 6, 2020

Avant, a Chicago-based consumer lending platform, has completed its spinoff from Amount, a SaaS business that helps financial institutions transform their…

Fiserv providing payments technology for Hong Kong's ZA Bank pilot

February 6, 2020

Fiserv Inc. and ZA Bank, the first virtual bank to launch a Hong Kong-based pilot program, said ZA is using Fiserv's VisionPlus global payment software to…

ComQi acquires financial CMS provider JohnRyan

February 5, 2020

ComQi Inc., a provider of content management solutions for retail, has acquired JohnRyan, a provider of financial content management solutions, fo an…

SoFi partners with Bancorp Bank on cash management account

February 5, 2020

The Bancorp Bank announced a partnership with digital personal finance startup SoFi to provide back-end banking services and be the exclusive card issuer for…

Fiserv adds 50 banks, credit unions to merchant services since First Data merger

February 5, 2020

Fiserv Inc. said that more than 50 financial institutions that use its core processing platforms have added merchant solutions to their portfolio between its…

Visa plans major reset of interchange rates: Report

February 4, 2020

Visa is planning a major change to how it calculates the interchange rate, a move that could result in higher merchant fees for e-commerce transactions…

Crane Payment acquires currency-handling firm Cummins Allison

February 4, 2020

Crane Payment Innovations, a banknote validation, cashless payments and developer of asset management software, has acquired Cummins Allison, a provider of…

Hitachi Terminal Solutions to assume ATM management for Thai state-owned bank

February 4, 2020

HItachi Terminal Solutions (Thailand) Co. said it received an order for ATM outsourcing from Thailand's state-owned Government Savings Bank in a partnership…