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News & Media

Retail-BCG launches SME banking hub for rural UK

May 17, 2019

Retail-BCG has announced the introduction of an "SME banking hub" to help fill the void as banks withdraw from rural markets in the United Kingdom.

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Aconite powers debit, credit card launch for South Africa's digital-only Discovery Bank

May 17, 2019

Aconite Technology Ltd. has announced that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Ltd., a South African…

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Diebold Nixdorf extends, expands self-service management agreement with Sparkasse Hannover

May 17, 2019

Diebold Nixdorf Inc. has extended its existing self-service fleet management contract with Sparkasse Hannover, Germany's sixth largest financial institution…

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Contactless cards not likely to make much difference in mobile payment adoption

May 17, 2019

A widening rollout of contactless cards has been accompanied by speculation that increased comfort with the technology will spur mobile payments, but it might…

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ATM transactions increase in India even as ATM numbers decline

May 17, 2019

Despite a continuing demand for cash among Indian consumers, the number of ATMs in India has declined over the past two years — and could continue to do so in…

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The future of cards, contactless and biometrics in payments

With big players like Mastercard and Visa now mandating that all new cards and payment terminals be contactless enabled, global growth of the technology is set…

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ATMIA issues call for speakers for 2020 US conference

May 16, 2019

The ATM Industry Association has issued a call for speakers for its 2020 AMTIA U.S. conference and expo to be held Feb. 11–13 at Hilton Americas-Houston…

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Alogent named one of Georgia's 40 fastest-growing firms

May 16, 2019

Alogent Corp., a provider of deposit automation, item processing, enterprise information management and digital banking solutions for financial institutions…

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OTI to provide 3,000 UNO 8 NFC readers for smart ATMs

May 16, 2019

On Track Innovations Ltd., a provider of near field communication and cashless payment solutions, has received a purchase order to deliver 3,000 of OTI's Uno…

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OpenFin aims to accelerate adoption of app-based software overlay for legacy banking systems

May 16, 2019

OpenFin Inc. has raised $17 million in Series C funding from major financial institutions, led by Wells Fargo & Co., to expand the use of its software for…

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Mastercard, Lyft launch co-branded debit, ATM card with immediate funds access

May 15, 2019

Mastercard has announced a co-branded card with ride-sharing firm Lyft that will give drivers immediate access to pay and provide additional benefits aimed at…

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A taller ladder: Secrets to thwarting ATM attacks

As the ATM industry focuses on mitigating risks against black box and malware-based cyberattacks, criminals have reverted back to more low-tech attack methods…

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CFBP seeks feedback on impact of ATM, debit overdraft regulations

May 14, 2019

The Consumer Financial Protection Bureau has announced that is seeking input from the public on the impact of a rule passed in 2011 that prohibits financial…

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Diebold Nixdorf completes squeeze-out of German shares

May 14, 2019

Diebold Nixdorf Inc. has announced that the merger squeeze-out of Diebold Nixdorf AG, the company's German public subsidiary, is complete.

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US Bank, Chrome River unveil AI-based payment, expense management app

May 14, 2019

U.S. Bank and Chrome River have debuted U.S. Bank Expense Wizard, a mobile payment and expense management tool that uses chatbots and artificial intelligence…

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Technavio projects global market for wearable smart devices to reach $35.6B by 2023

May 14, 2019

The global wearable electronics market is expected to post a CAGR of more than 15% to reach $35.67 billion by 2023, according to market research by Technavio.

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ACI, BMO team to offer real-time B2C payments

May 14, 2019

ACI Worldwide Inc., a provider of real-time electronic payment and banking solutions, has announced that BMO Financial Group is using its BMO Payment Hub…

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Exploring the smart safe, the next generation in retail cash security

Modern retailers are well acquainted with internet of things technology. In fact, almost 80 percent of brick-and-mortar and online sellers worldwide now…

Presented by Ventus Wireless, LLC.

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San Francisco puts the kibosh on cashless retail, restaurants

by David Jones — Editor, Networld Media Group

San Francisco has become the latest city to say no to cashless retail and foodservice as advocates for vulnerable populations demand equal access to shopping…

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Employees want flexible payment methods, pay cycles

May 10, 2019

More than three-quarters (78%) of employers globally agree that companies will need to customize payment options to remain competitive in the war for talent…

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