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Mobile banking trojans a major threat in Q2

August 7, 2018

The number of mobile banking trojans peaked at a historic high of 61,045 in Q2 2018, a three-fold increase compared with Q1. In descending order, the top three…

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MobileOnMoney ATM installations reach 10K mark

August 6, 2018

MoneyOnMobile Inc., an India-focused mobile payments technology and processing company, has announced that the number of MOM ATM units deployed in India has…

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New IBM X-Force Red Labs to incorporate ATM vulnerability testing

August 6, 2018

IBM Security has launched X-Force Red Labs, a network of four facilities — to include the company's ATM testing practice — in response to increased demand for…

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PCI SSC updates PIN security standard

August 6, 2018

The PCI Security Standards Council has published PCI PIN Security Requirements and Testing Procedures version 3.0, the PCI standard for the secure management…

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Diebold Nixdorf and the Terrible, Horrible, No Good, Very Bad Day

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

There's no other way to describe Aug. 1 in the annals of Diebold Nixdorf history. The company reported unpleasantly surprising Q2 earnings first thing in the…

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3 longtime PAI execs resign en bloc

August 3, 2018

Three top executives at Payment Alliance International resigned en bloc yesterday: President and CEO John J. Leehy III; Executive Vice President and Chief…

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Senate bill would ban overdraft fees on ATM, debit card transactions

August 3, 2018

Legislation introduced in the U.S. Senate aims to curtail the ability of banks to impose overdraft fees on customers.

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3 Fin7 members face 26 charges in cybertheft of data for 15M cards

August 3, 2018

Three high-ranking members of an international cybercrime group operating out of Eastern Europe have been arrested and are curren in custody facing charges…

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New tools enable app development for Square hardware

August 3, 2018

Square has released a set of developer tools for building custom, in-person checkout experiences, according to a press release. 

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Nedbank mobile app provides all-in-one payments through MasterCard, Entersekt partnership

August 3, 2018

MasterCard and Entersekt are collaborating to enable Nedbank customers in South Africa to make QR payments to merchants and billers who accept Masterpass…

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Contactless card transactions: A technology whose time has come?

by Will Hernandez — Editor, NetWorld Media Group

A recent study from A.T. Kearney urges FIs en masse to begin issuing contactless cards now that merchants have the necessary payment terminals and consumers…

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Boomers nearly 5x more likely than millennials to favor credit cards over cash

August 2, 2018

People age 29 and younger are 93 percent more likely to have a negative opinion of credit cards than people age 59 and older, according to new research from…

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CU members score on Prime Day

August 2, 2018

Amazon Prime Day 2018 recorded more than 100 million customer orders, making it a banner day for the e-commerce site, but also for the nation's credit unions…

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Consumer fears about security overshadow future of biometric payments

August 2, 2018

Consumer security concerns could jeopordize the future of biometric payments, which are otherwise poised for growth, according to a new report from secure…

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Apple Pay cracks billion-transaction milestone

August 2, 2018

Apple CEO Tim Cook talked up the company's mobile payment service in an earnings call Tuesday, touting1 billion Apple Pay transactions in the company's…

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Chase catches up, announces nationwide rollout of cardless ATM access

August 2, 2018

Chase customers can now get cash through the mobile wallet on their smartphone at nearly all of the bank's 16,000 ATMs nationwide. The wallet can also be used…

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ATM Marketplace: July Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

July can be a slow, sleepy summer month. Or not. At ATM Marketplace it was definitely "or not," as we worked to bring you the latest on ATM security-related…

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Payday pain for Wells Fargo customers as ATM, mobile deposits fail

July 31, 2018

Wells Fargo apologized Friday for a service outage that began around midday when customers found themselves unable to deposit checks via mobile or discovered…

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NCR announces major reorg, executive hires

July 31, 2018

NCR Corp. has announced a new organizational structure and the appointment of several new executives.

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Fifth Third customers get fee-free access to 7-Eleven ATMs in deal with FCTI

July 31, 2018

Independent ATM Deployer FCTI Inc. has executed a multiyear contract with Fifth Third Bank that provides fee-free cash and account access to Fifth Third…

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