Paytm said to be testing facial ID for mobile wallet

September 26, 2018

Paytm, a digital wallet and payments provider based in India, is reportedly testing facial recognition capability that will allow consumers to unlock the…

Rapid-fire: Bankers tackle big issues during the BCX Summit

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Literally speaking, there was no round table in the Bankers Rapid-fire Roundtable session at the Bank Customer Experience Summit. However, there were bankers…

PayPal closes purchase of iZettle

September 25, 2018

On Thursday, PayPal Holdings Inc. completed its acquisition of mobile payments provider iZettle for approximately $2.2 billion. This transaction is intended to…

Computer programmer who enabled Target breach sent to prison for 14 years

September 25, 2018

A computer programmer from Latvia will serve 14 years in prison for his role in helping to hackers to design malware that was used to carry out the Target data…

Diebold Nixdorf captures top 10 spot on IDC fintech list

September 25, 2018

Diebold Nixdorf has ranked sixth among the top 100 financial technology companies in the 15th annual 2018 IDC Financial Insights FinTech Rankings, according to…

Wells Fargo to shrink workforce by up to 10 percent

September 25, 2018

Wells Fargo & Co. CEO Tim Sloan announced on Thursday in a companywide town hall meeting that the company will trim 5 percent to 10 percent of its total…

Indian CITs say RBI rules raise 'sudden uncertainty over their very existence'

September 25, 2018

Cash-in-transit firms in India have said that new criteria set by the Reserve Bank of India could very well put them out of business.

ATMs and the rise of financial inclusion in India

In India's underserved communities — such as rural areas — millions lack access to financial services. While financial inclusion is a huge challenge, it is…

Saudi Arabian bank claims 'first' with contactless ATM access

September 21, 2018

Saudi Arabia's Alinma Bank has introduced contactless NFC withdrawals at selected Alinma ATMs, making it the first FI in the kingdom to offer contactless…

Zytronic, Cryptera intro ATM touch screen with PCI-compliant PIN entry

September 21, 2018

Zytronic, a provider of projected capacitive technology touch sensors, announced that a new version of its customized touchscreen is available to support…

Virtual FI Radius Bank expands client access to fee-free ATMs with MoneyPass

September 21, 2018

Radius Bank, a full-service virtual financial institution with headquarters in Boston, has expanded client access to fee-free ATM withdrawals nationwide…

3 California CUs choose Dolphin Debit for ATM management

September 21, 2018

Three California credit unions have selected Dolphin Debit, a full-service ATM management company, to operate their ATM fleets, according to a company press…

14 new associates join EMVCo payment technology innovation program

September 21, 2018

Global technical body EMVCo has welcomed 14 associate organizations to its program of cross-industry collaboration for the development of EMV specifications.

How to protect your ATMs against jackpotting

ATM jackpotting attacks are a crippling threat to financial institutions and independent ATM depl in any way, ATM deployers can lose a great deal of money in a…

5 takeaways from the 2018 Bank Customer Experience Summit

by Will Hernandez — Editor, NetWorld Media Group

An overarching theme from this year's event in Chicago was how banks will take advantage of the data provided by AI initiatives to enhance the bank customer…

NatWest, G4S partner to test UK's 'first intelligent cash management solution'

September 20, 2018

NatWest and G4S are working toward a pilot test later this year of what the companies describe as the "U.K.'s first intelligent cash management solution."

People's United Bank taps Zenmonics for omnichannel digital account acquisition platform

September 20, 2018

Bridgeport, Connecticut-based People's United Bank has tapped Zenmonics, provider of an omnichannel banking platform to transform digital account acquisition…

Co-op Financial Services donates to CUAid, Florence clean-up effort

September 20, 2018

Co-op Financial Services is donating $10,000 to CUAid, a relief effort organized to help credit unions and their members in the Carolinas as they work to…

US banks pull together in hurricane's wake with ATM and loan fee relief, charitable donations

September 20, 2018

In the aftermath of Hurricane Florence, financial institutions  across the U.S. are pitching in with donations and other relief efforts to help storm victims…

Alogent, DefenseStorm integrate digital, self-service banking solutions with cybersecurity, fraud protection

September 19, 2018

Alogent, a provider of end-to-end payment processing, content management and digital account opening solutions for financial institutions, has partnered with…