BofA files blockchain patent for ATM transactions

December 27, 2018

Bank of America ATMs might soon make use of blockchain technology if a patent filed by the bank is any indication. 

SOL Wallet testing mobile banking rollout for South Africa during Q1 2019

December 26, 2018

SOL Wallet, a fintech startup firm, has launched beta testing for a new mobile and web-based banking service in South Africa by March of 2019, according to a…

Instarem simplifies multicurrency transfers for SMBs

December 25, 2018

Instarem, a Singapore-based money transfer service, has introduced a new feature to its money transfer platform that enables small and medium business users to…

Consumers take holiday spending online

December 25, 2018

As of Dec. 19, U.S. consumers were on track to spend more online than ever before this holiday season, with an increase of 18.3 percent year-over-year expected…

USA Technologies, Pepsi distributor to expand cashless vending

December 25, 2018

USA Technologies Inc. has entered a new five-year agreement with Pepsi Cola of the Hudson Valley to upgrade cashless payment devices on 1,000 existing vending…

Facebook gets into the cryptocurrency game

December 25, 2018

Facebook reportedly is developing its own cryptocurrency for use in a blockchain-based funds transfer service, according to a report by Bloomberg.

Crypto ATM installed base ekes out growth in 2018

December 25, 2018

Despite depressed cryptocurrency values (currently around $4,200; down from an all-time high near $20,000 last December), the number of cryptocurrency ATMs…

How biometrics will shape the future of mobile authentication

No longer the stuff of science fiction, biometrics technology is fast becoming a reality for today’s businesses and consumers. And it is poised to have a…

Jeff Matthews steps in as president of ATMIA

December 20, 2018

The ATM Industry Association has announced that the association's deputy president, Jeff Matthews, CEO of Grant Victor companies, has assumed the role of…

Global ATM base set to fall as cash use declines in China

December 20, 2018

The number of ATMs installed worldwide is set to drop gradually from a peak of 3.28 million in 2017 to 3.23 million by the end of 2023, according to the RBR…

Weekly cash use falls in the US

December 20, 2018

Approximately 3 in 10 (29 percent) U.S. adults in a recent study by the nonprofit Pew Research Center said that, in a typical week, they made no cash…

US Payments Forum publishes guide to contactless ATM transactions

December 20, 2018

With more than 85 percent of U.S. ATMs now accepting EMV contact chip cards, many ATM owners are looking to make transactions easier and faster by adding…

RBC defends access to Facebook data

December 19, 2018

Royal Bank of Canada is defending itself as one of more than 150 firms given access to private data in the Facebook Messenger.

Businesses must act to protect customer data

December 18, 2018

The Marriott data breach, which exposed 500 million guests' details over a four-year period, highlights the need for stronger identity proofing procedures and…

Paramount acquires CKE ATM Solutions

December 18, 2018

Lancaster, Pennsylvania-based Paramount Management Group has acquired CKE ATM Solutions, a Morristown, New Jersey-based-provider of ATM outsourcing services to…

Payment card use grows worldwide, driven by government initiatives, consumer demand

December 18, 2018

The number of merchant outlets accepting card payments worldwide grew 13 percent in 2017 to reach 69.2 million by year-end, according to the RBR report, Global…

OneWest Bank intros card controls app to manage debit card use, security

December 18, 2018

OneWest Bank, the Southern California retail bank division of CIT, has rolled out a card controls feature for its mobile app that helps cardholders manage…

NY AG settles mobile security case against Western Union, Priceline, Equifax, others

December 18, 2018

The New York State Attorney General's office has reached a settlement with Western Union, Equifax, Priceline, Spark Networks and Credit Sesame Inc. over their…

2018 Health of Cash study: US consumers value payment choice

Each year, the independent Health of Cash study sponsored by Cardtronics reveals that, in spite of advances in digital and mobile payment technology, cash…

Brinks truck mishap sets off dash for cash on New Jersey highway

December 14, 2018

Mayhem reigned as cash rained down on commuters during Thursday morning rush hour in East Rutherford, New Jersey.