News & Media
German union calls for ATM workers strike
January 2, 2019
Verdi, Germany's United Service Trade Union, has called for a strike of its 12,000 cash transport workers today in hopes of securing a €1.50 ($1.701) hourly…
read nowReserve Bank of India tells banks to dump magstripe credit, debit cards for EMV
January 2, 2019
The Reserve Bank of India is asking all banks in the country to stop using old credit and debit cards with magnetic stripes to make way for EMV encoded cards…
read nowNigeria's Diamond, Access to offer free ATM use amid merger deal
January 2, 2019
Customers of Nigeria's Access Bank plc and Diamond Bank plc, which announced an deal to merge into a single financial entity, will have access to free ATM use…
read nowMaine pranksters set up ATM in the woods
December 31, 2018
Two women named Sarah Doremus and Buzz Masters recently installed a broken ATM in a rural area in North Deer Isle in Maine as a practical joke. The police…
read nowFees coming to more than 3,000 RediATMs
December 31, 2018
Customers of National Australia Bank will soon have to pay ATM fees at more than 3,000 RediATMs, starting Jan. 1. They will have to pay a $2 transaction fee…
read nowLancaster gas station hosts bitcoin ATM with little traffic
December 31, 2018
A Lancaster, Pennsyvlania gas station is playing host to an ATM machine that hasn't seen much use since it was installed, according to a new report.
read nowBangladesh Bank orders banks to keep ATMs stocked with cash during election
December 28, 2018
The Bangladesh Bank, the central bank of Bangladesh, has ordered banks to keep sufficient cash stocked in ATMS during the 11th general election on Dec. 30…
read nowNo More Ransom partners with Microsoft, Cisco for anti-ransomware tools
December 28, 2018
No More Random, an anti-ransomware tools provider, recently added Bleeping Computer, Cisco and ESET as associate partners, and Microsoft, Symantec, Coveware…
read nowXpress-pay now offering online and mobile payments
December 28, 2018
Xpress-pay is now offering a SubscripXion Plan for online and mobile payments through its portal. Merchants can pay a flat $10 fee per month for unlimited…
read now
How 20th century banking systems fail the 21st century bank customer
Trying to cater to bank customers' needs with 40-year-old systems is as impractical as driving a 1970s car on today’s highways, according to Suresh Ramamurthi…
watch nowVisa to acquire UK based global transaction provider Earthport
December 28, 2018
Visa International Service Association, a unit of Visa Inc. known as Bidco, has agreed to pay 198 million pounds for Earthport Plc., a U.K. firm that provides…
read nowTrump considers barring ZTE and Huawei purchases for US carriers
December 28, 2018
President Trump is considering an executive order to bar U.S. companies from using telecommunications equipment made by Chinese companies Huawei and ZTE…
read nowRetail spending jumps 5.1 percent Thanksgiving through Christmas
December 27, 2018
Thanksgiving-through-Christmas spending jumped 5.1 percent this year, exceeding $850 billion, marking the strongest growth in the last six years, according to…
read now
Putting modern payment technologies to the test
Automated testing is an increasingly important consideration as payment providers, retailers and others expand the number of options available option to…
read nowWall Street remains cool on bitcoin
December 27, 2018
Wall Street businesses Goldman Sachs, Morgan Stanley and others are not embracing bitcoin or other cryptocurrencies, despite some initial interest and…
read nowBofA 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.
read nowSOL 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…
read nowInstarem 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…
read nowConsumers 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…
read now
