Visa working to boost cashless payments in advance of 2020 Tokyo Olympics

July 24, 2019

Visa Inc. said it working on a series of innovative payment experiences in advance of the 2020 Olympic Games in Tokyo, where Visa is the official payment…

Cash use plummets across UK

by Amy Castor — Editor, Networld Media Group

According to a report by Link, which runs the ATM network in the UK, the use of cash is dropping in the country, mainly driven by online banking and card and…

Burroughs names new CEO

July 22, 2019

Burroughs Inc., a Plymouth, Michigan-based provider of support and maintenance for financial services equipment, has named Anson Martin CEO. 

Diebold Nixdorf to upgrade VyStar Credit Union's entire ATM fleet

July 22, 2019

Diebold Nixdorf will replace VyStar's Credit Union's entire fleet of more than 250 ATM machines, according to a company press release. The Jacksonville…

In Kansas, ATM service provider Prineta, is surging ahead

July 22, 2019

While the number of ATMs around the world is set for a slow decline due to an increase in digital payments, one ATM company in Overland, Kansas, was named one…

Fifth Third Bank to debut mobile banking kiosk at NAACP convention

July 19, 2019

Fifth Third Bank said it will debut its Banking to Go mobile kiosk, which brings banking services to low-to-moderate income communities, at the 110th annual…

European fintechs, challenger banks poised to invade US market

by David Jones — Editor, Networld Media Group

A new wave of European fintechs are planning to invade the U.S. banking market with alternative models of savings, payment and new customer relationships that…

5 common ATM security misses: Is one of these your Achilles' heel?

Today's criminals can find, purchase and/or download the details they need to plan an attack of any kind, whether their modus operandi is physical, cyber or…

Visa invests in Indonesian payment, ride hailing app Go-Jek

July 18, 2019

Go-Jek has evolved into a super app of sorts. It began as a ride-sharing, but now allows its customers to make online payments for food, groceries and a…

LibertyX expands Bitcoin ATM network into the desert

by Amy Castor — Editor, Networld Media Group

LibertyX, a company that makes software that enables regular ATMs to dispense bitcoin, has partnered with independent ATM operator Desert ATM to add 9…

Diebold expands services across First Horizon's ATM network

July 18, 2019

ATM manufacturer Diebold Nixdorf Inc. has expanded its services with Memphis-based First Horizon National Corporation, the parent company of First Tennessee…

TMD Security integrates SALTO keyless locks into branch and secure rooms access solutions

July 17, 2019

TMD Security, a global provider of security solutions for ATMs and self-service terminals, has partnered with SALTO Systems S.L., a manufacturer of access door…

TMD Security Announces Global Agreement to Integrate SALTO’s Key-less Locks for Branch and Secure Rooms in TMD Access Management Solution

NEW YORK & AMSTERDAM--(BUSINESS WIRE)--TMD Security announced today that SALTO Systems, a worldwide leading manufacturer of state-of-the-art access door…

Contactless cash cards and the future of ATMs

Current ATMs require regular servicing and advanced physical security measures, like safes, locks and barriers. What happens if we adopt contactless cash cards…

Spanish authorities: bitcoin ATMs expose hole in AML laws

by Amy Castor — Editor, Networld Media Group

Bitcoin ATMs, which aren't covered by anti-money laundering laws the same as banks, are making it difficult for Spanish authorities to bring down a major money…

Chase, HSBC executives headlining BCX Summit

by Amy Castor — Editor, Networld Media Group

Executives from two of the country's largest banks, Chase and HSBC, will keynote the upcoming Bank Customer Experience Summit, Sept. 23-25 in Chicago.

Cash rules the day when Telstra outage cripples ATMs, payment systems across Australia

July 12, 2019

Cash was king for three hours on Thursday in Australia when ATMs and Eftpos went down across the country due to a Telstra outage.

Domino's cashless store test underway in Australia

July 12, 2019

Domino's Australia is testing a new "Tap & Take" payment model at five of its stores, which Domino's will take most other forms of payments, aside from…

N26 launches mobile banking app in US under partership with Axos Bank, Visa

July 11, 2019

N26 GmbH, the startup challenger bank based in Germany, launched its N26 Inc. mobile banking service in the U.S., under a partnership with Axos Bank and Visa. 

An insider's guide to thwarting a growing ATM attack vector

In a transaction reversal fraud attack, a fraudster tricks the ATM into thinking no cash was dispensed, so the host typically does not debit the account. These…