Facial recognition to grow 12.5% annually through 2024

December 30, 2019

The facial recognition market is expected to grow at a combined annual growth rate of 12.5% for the forecast period 2019 to 2024, according to Mordor…

Big news: This year's most-read blog posts

by Amy Castor — Editor, Networld Media Group

Now that the year is winding to a close, we can look back and see what stories got the most attention. Contactless cards, ATM security, Win10 and bitcoin ATMs…

Kroger machines temporarily impacted by debit, credit card glitch Christmas Eve

December 26, 2019

At a time when many Americans were hustling to stock up on food for the Christmas holiday, shoppers at Kroger stores in parts of the country experienced a…

The future of cash, ATMs — your 2020 spoiler alert

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

According to some economists, we've been experiencing an extended period of slow growth since the 1970s. What does this mean for the future of cash and ATMs?

Visa, TD Bank partner to ease US-Canadian funds transfer

December 23, 2019

Visa and TD Bank announced an agreement to allow easier transfer of funds between U.S. and Canadian bank accounts using Visa Direct push payments.

NCR acquires store virtualization technology company Zynstra

December 23, 2019

Atlanta-based NCR Corp., a global enterprise technology company for the retail, hospitality and banking industries, announced Monday it is acquiring U.K.-based…

Worldpay from FIS partners with JCB to enter Japan market

December 23, 2019

Worldpay, the global e-commerce platform of FIS, is partnering with JCB, a Japan credit card issuer and a global payment network. The agreement will enable…

Happy 21st birthday for UK's independent ATMs? Not exactly

by Ron Delnevo — Chairman, Cash and Card World

ATMIA Europe's Ron Delnevo takes us back to when the first independent ATM was installed in the U.K. Consumers were thrilled at the time, but the country still…

Wawa convenience stores, gas stations hit by major malware attack

December 20, 2019

Wawa, a widely used convenience store and gas station chain concentrated in the Eastern U.S., said it was hit by a data breach that affected most of its 85…

Prepaid debit card trailblazer Steve Streit retires as CEO of Green Dot

December 20, 2019

Green Dot, a fintech and provider of prepaid debit cards, announced late Wednesday that founder and CEO Steve Streit will step down from his position on Dec.

Smartmetric extends battery life of biometric card to 9 years

December 20, 2019

Smartmetric Inc., a manufacturer of biometric, fingertip-based credit cards, said that its biometric credit and debit card — slated for release in early 2020 …

Rise in contactless debit card payments reducing cash dependence in Malaysia

December 20, 2019

The Malaysian payments market remains cash-reliant. The concerted efforts by the central bank and other stakeholders, however, are set to gradually push the…

Developing Strategies in the Age of Digital Cash Management

New ways for Independent ATM Deployers and Financial Institutions to remain competitive and generate recurring revenue streams in the digital age of cash…

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Deluxe acquires Fiserv's remittance solutions business

December 19, 2019

Financial services technology company Fiserv Inc. has announced for the second time this month that it is selling another one of its business units. The…

Hyosung bets big on cash recycling with MX8000 series ATMs

by Amy Castor — Editor, Networld Media Group

ATM manufacturer Hyosung America launched three new ATM recyclers, completing its MX8000 family and bringing the total number of ATMs in the series to nine.

Dutch banks to close outdoor ATMs at night to combat explosive attacks

December 18, 2019

The Netherlands has had an ongoing problem with gangs blowing up ATMs with volatile explosives that cause extensive collateral damage and put human lives at…

VyStar moves to FIS for card processing in growth push

December 18, 2019

In a major expansion of their work together, VyStar Credit Union, which is headquartered in Jacksonville, Florida, and is one of the country's largest credit…

ProfitStars adds ALM solution to financial performance suite

December 17, 2019

ProfitStars, a division of Jack Henry & Associates Inc., announced Tuesday that it has expanded its financial performance suite to include a cloud-hosted…

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In the switch from cash to mobile payments, businesses need to consider in-app fraud

As a rising number of consumers use digital payments to conduct ecommerce transactions, businesses need to make sure their mobile apps are secure. Customer…