Bank branches aren't dying, they're serving coffee, beer and yoga

by Amy Castor — Editor, Networld Media Group

As people today conduct most of their banking online and pay for things with plastic cards and mobile apps, banks are having to reinvent themselves. One thing…

California man faces life for illegally operating a Bitcoin ATM

by Amy Castor — Editor, Networld Media Group

August 27, 2019

A 25-year-old Westwood, California man has agreed to plead guilty to federal charges for illegally operating a crypto exchange and a bitcoin ATM where he…

Credit Suisse sets massive restructuring from branch to digital transformation

August 26, 2019

Credit Suisse said its Swiss Universal Bank unit will undergo a massive restructuring, costing hundreds of millions of Swiss francs, to transition its retail…

Payment Alliance International expands ATM footprint with Eclipse Cash acquisition

August 26, 2019

Louisville, Kentucky-based ATM operator Payment Alliance International has acquired Eclipse Cash Systems. 

N26 marks US mobile bank launch with P2P, Tidal discount

August 23, 2019

N26, the German fintech, has officially gone live in the U.S. following a one month beta period and is offering several new features to American customers…

What Visa and Mastercard don't want you to know about cash

by Ron Delnevo — Chairman, Cash and Card World

Cash is the quicker choice. The average cash payment transaction at the point of sale takes only around 22 seconds, 7 seconds faster than the average card and…

Awash in cash — It's not just demographics, it's global tourism

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

It used to be that you never went anywhere overseas without your American Express travelers checks. But these days, cash is king when it comes to dashing in…

Bank of America reports surge in Zelle users in 2019

August 21, 2019

Bank of America's person-to-person use of mobile payment network Zelle surged this year. The uptick in usage was driven mainly by millennials and Gen Z in…

Germany's Commerzbank weighs closing hundreds of branches

August 21, 2019

Frankfurt-based Commerzbank AG is weighing the closure of hundreds of branches as it figures out next steps after abandoning plans to merge with cross-town…

State Bank of India plans to ditch plastic debit cards, move to Yono app

August 20, 2019

The State Bank of India, the country's largest lender, is hoping to eliminate debit cards and move to its Yono app for ATM withdrawals and point-of-sale…

3 reasons why banks decommission branches

by Rebecca Cicarelli — Marketing Director, BranchServ

Branch closures are usually triggered by reduced business or consumer traffic, but it's never quite that simple. Here are three events that prompt the decision.

Card skimmers are targeting gas stations and older ATMs

by Amy Castor — Editor, Networld Media Group

Card skimmers at ATMs and gas pumps are common ways for cyberthieves to steal credit and debit card numbers. Cybersecurity expert Scott Schober spoke to ATM…

EMVCo releases proposed spec changes to support 8-digit issuer ID codes

August 16, 2019

Payment card standards body EMVCo released proposed specification changes Thursday for payment systems to accommodate longer numbers on credit and debit cards…

Reserve Bank of India clarifies free ATM transactions

August 16, 2019

In a relief to ATM users across the country, India's central bank has clarified the rules governing free ATM transactions.  

Cash won't die in America — it's too darn convenient

August 15, 2019

Cash is still king when it comes to buying things like a cup of coffee, pack of gum or a pint of beer in the U.S. Why? Because it's faster and often more…

The road ahead: 5 areas for FIs to focus on

While neobanks are all the rage lately, traditional FIs possess powerful assets that could allow them to surpass the success of fintechs. It's just a matter of…

NCR opens 'center of excellence' services hub in Asia

August 14, 2019

NCR Corporation is opening a center of excellence in Kuala Lumpur. 

Diebold Nixdorf names Zeeshan Naqv treasurer

August 13, 2019

ATM maker Diebold Nixdorf has hired Zeeshan Naqvi as vice president, treasurer.

DataCare taps Lusis' Tango payments engine

August 13, 2019

Lusis Payments, a global payments software and services provider, has partnered with DataCare Zrt, a leading data management and solutions provider, based in…

Lusis Announces Strategic Partnership with DataCare Zrt

In the new agreement, Lusis will provide software solutions that will reside in DataCare’s Data Centre.