Diebold Nixdorf ends quarterly executive bonuses

April 18, 2019

Diebold Nixdorf Inc. filed a Form 8-K current report with the Securities and Exchange Commission on Monday, April 15, disclosing that the compensation…

T-Mobile Money intros smartphone banking app with Allpoint ATM access

April 18, 2019

T-Mobile has officially made its long-anticipated return to banking, with the launch of T-Mobile Money, which offers a no-fee, interest bearing…

Bank Customer Experience Awards competition now open

The annual awards honor financial institutions and fintech providers whose unique strategies and technologies are heightening the consumer experience.

Amazon Go: A case study in cashless retail pushback

by David Jones — Editor, Networld Media Group

The decision by Amazon to change course with its cashless Amazon Go stores offers a cautionary tale for retailers about the likely fallout when they try to…

Canadian challenger bank Mogo to merge with fintech investment firm

April 16, 2019

Mogo Finance Technology Inc., a Canadian challenger bank, has entered an agreement to merge with Difference Capital Financial Inc., a specialty investment firm…

Diebold Nixdorf names chief people officer

April 16, 2019

Diebold Nixdorf announced that Elizabeth Patrick has joined the company as senior vice president and chief people officer, reporting to Gerrard Schmid, Diebold…

NCR to provide digital banking platform for Provident Bank

April 16, 2019

New Jersey-based Provident Bank has selected NCR Digital Banking to support the institution's digital strategy for customer growth and retention, according to…

Windows 10 ATM migration: The breaking point for banks?

by atm Atom — blogger, atmatom

Faced with another Windows OS migration, financial institutions are seeking relief from what seems like perpetual ATM upgrade expense and pathetically short…

Cash management specialist Kyriba closes on $160M investment

April 12, 2019

Kyriba Corp., provider of a cash management platform for enterprises, has closed on a $160 million investment led by Bridgepoint, giving the private equity…

Smartphone now the go-to digital banking choice of US adults

April 12, 2019

A newly released study from Aite Group shows that adult consumers in the United States under the age of 50 are far more likely to pick up their smartphone to…

Coinbase teams with Visa to issue crypto debit card in UK

April 12, 2019

Coinbase, a U.K.-based virtual currency exchange, has announced the launch of Coinbase Card, a Visa debit card that lets customers in the U.K. spend crypto…

FSS launches Voice Commerce banking solution for virtual assistants

April 12, 2019

FSS, a global payments technology company, has launched FSS Voice Commerce, a real-time voice banking platform. The solution will enable customers to conduct a…

ATM physical attacks soared 27% in 2018, EAST reports

April 12, 2019

The European Association for Secure Transactions has published its European payment terminal crime report for 2018, including the finding that ATM physical…

How to deliver the seamless experience your bank account holders expect

by Rebecca Hellmann — Director of Marketing, FCTI

We're all ready to roll our eyes at that extremely overused word "omnichannel," but it's true: The cross-channel experience is precisely what financial…

Dolphin Debit forms strategic alliance with Credit Union League of Connecticut

April 11, 2019

Dolphin Debit, a full-service ATM management company, has been named a strategic partner of the Credit Union League of Connecticut, a statewide nonprofit that…

Paramount acquires Puerto Rico-based IAD ATMG

April 11, 2019

Paramount Management Group, an ATM and payment solutions provider based in Lancaster, Pennsylvania, has acquired San Juan, Puerto Rico-based ATM Group Corp.one…

Inlaks ATM Academy produces third year of ATM service graduates in Nigeria

April 11, 2019

Nigerian payments infrastructure provider Inlaks has announced it is third graduating class with skills in ATM service.

Paysafe President OB Rawls singled out for ETA Star Award

April 11, 2019

Payments provider Paysafe Group has announced that the Electronic Transactions Association has selected O.B. Rawls, Paysafe president of payment processing for…

Amazon Go bows to pressure from cash advocates

April 10, 2019

Under pressure from an increasing number of states and municipalities that have proposed or passed bans on cashless merchants, Amazon Go stores reportedly will…

'It's time to rethink how we manage the cost of cash'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

According to research firm McKinsey, the cost of cash — which represents 5–10% of a bank's overall operating cost — is rising, even as the use of cash is…