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News & Media

US Marshals Service warns of spoofing scam involving bitcoin ATMs

December 9, 2019

The U.S. Marshals Service and the FBI are once again warning the public of an impostor phone scam involving bitcoin ATMs. 

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Nets trials facial-recognition payments in Copenhagen

December 9, 2019

Under the tagline "Hungry? Face it," Nets, a Nordic provider of digital payment services, has launched a pilot testing facial recognition as a payment method…

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SunTrust, BB&T complete merger to form Truist

December 9, 2019

Truist Financial Corp., the new brand behind SunTrust Banks Inc. and BB&T Corp., announced today that the merger between the two banks was completed as of…

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MoneyGram expands Visa Direct service to Spain, Philippines

December 6, 2019

MoneyGram International Inc., a provider of money transfer services, Wednesday announced the expansion of its debit card deposit service internationally to…

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Avoid ATM Upgrade Fatigue

With the Windows 10 migration just months away, a growing number of banks and credit unions are considering simply walking away from traditional Windows-PC…

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Cash payments in Canada declined 40% in 5 years: report

December 6, 2019

Cash payments in Canada declined 40% in volume over the last five years, according to a recent report from Payments Canada, an organization that operates a…

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Podcast: New technologies for increasing debit card revenue

by Amy Castor — Editor, Networld Media Group

Despite the plethora of payment choices we have today, many of us are still using our debit cards. Carol Specogna, Fiserv's VP of card services, gives an…

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Fiserv selling 60% of investment services unit to private equity firm

December 5, 2019

A group led by New York-based private equity firm Motive Partners has entered an agreement with Fiserv Inc. to buy a majority stake in Fiserv's investment…

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Italy's UniCredit to cull 8,000 jobs, shutter 500 branches

December 5, 2019

Italy's largest bank UniCredit plans to cut 8,000 jobs and shutter 500 branches in an attempt to boost profits and shave 1 billion euro ($1.1 billion) in costs…

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5 tips for enhancing the in-branch video banking experience

by Mark Aldred — Head of Sales, Auriga

Even in the age of online banking, there is nothing like speaking to an actual person. Auriga's Mark Aldred steps us through how to implement video banking in…

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NYPD on the hunt for gang of ATM thieves

by Amy Castor — Editor, Networld Media Group

December 4, 2019

Police in New York are on the hunt for a trio of ATM thieves, according to a report in the New York Times, which said the suspects struck at least nine times…

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ABN Amro shuts down hundreds of ATMs due to explosive attacks

by Amy Castor — Editor, Networld Media Group

December 4, 2019

Dutch bank ABN Amro has temporarily shut down and emptied 479 ATMs — more than half of its ATM fleet in the Netherlands — due to a sharp rise in violent ATM…

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Planet, Network International partner to launch DCC at 1,000 ATMs in UAE

December 4, 2019

Planet Payment, an international payments service based in Ireland, has partnered with digital commerce provider Network International LLC to roll-out dynamic…

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Lightning ATM lets you buy itty bitty amounts of bitcoin

by Amy Castor — Editor, Networld Media Group

A bitcoin aficionado who goes by the name "21isenough" has created a prototype for a Lightning ATM. The contraption allows you to send tiny amounts of bitcoin…

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Natwest back online after Black Friday mobile banking disruption

December 2, 2019

Natwest, the U.K.-based bank, was hit with a Black Friday outage that disrupted its mobile app, online banking and Bankline services. 

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ATMIA publishes next-gen deployer guide

December 2, 2019

ATMIA today published a "Next Generation ATM Deployer Guide" to help banks and independent ATM deployers get ready for the production of next-gen ATMs, which…

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Hang Seng brings mobile ATM withdrawals to Hong Kong

November 29, 2019

Withdrawing cash from one of Hang Seng Bank's 600 ATMs in Hong Kong will soon be as easy as using a mobile phone to tap an NFC device or scan a QR code. 

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Stories we tell ourselves: ATM myths and narratives

by Bernardo Batiz-Lazo — Professor of Business History, Bangor University

A narrative, as Nobel laureate Robert Shiller defines it, is a story with a moral that can rise to the level of an economic narrative. In the ATM world, we…

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Lebanon ATMs running dry as country faces liquidity crisis

by Amy Castor — Editor, Networld Media Group

November 27, 2019

Despite a recent promise by the head of Lebanon's banker's syndicate that ATMs would be stocked with cash, citizens are complaining that cash machines are…

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