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News & Media

Huawei partners with WorldRemit to boost mobile money in Africa

July 11, 2017

Digital money transfer service WorldRemit and Huawei have announced a partnership to make WorldRemit's international money transfer service available to all…

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A vanishing breed? EMV and the retail ATM

by atm Atom — blogger, atmatom

It seems likely that only serious chargeback pain or terminal shutoff will prompt many US merchants to upgrade their ATMs to perform EMV transactions. Even…

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EAST issues 2nd update on ATM-related crime in 2017

July 7, 2017

EAST has published its second European Fraud Update for 2017, based on country crime updates from representatives of 21 countries in the Single Euro Payments…

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Branch transformation creates 'open and engaging' customer experience

July 7, 2017

NewGround, a St. Louis-based design-build firm, has announced the completed renovation of the Union Savings Bank branch in Bethel, Connecticut.

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LG CNS aims to offload struggling ATM business

July 7, 2017

LG CNS, the IT services arm of LG Corp., is selling its ATM hardware business just shy of five years after acquiring it in January 2013 from LG N-Sys, another…

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Co-op expands shared branch network to 5.5K locations

July 7, 2017

Alaska USA FCU, the largest credit union in Alaska and the 17th largest in the United States, is expanding its participation in Co-op Shared Branching, adding…

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Citi Pay arrives in the US

July 6, 2017

Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November.

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The unconquerable attraction of cash

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Fintech investment hit an all-time high in 2016, but has this massive investment translated into consumer adoption? A new study suggests that it might not have…

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Diebold shares suffer on news of lowered earnings expectations

July 6, 2017

Diebold Nixdorf Inc. shares took a dive on Wednesday on news that the company was making a downward adjustment to its full-year financial outlook for 2017.

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Visa turns to QR codes in Taiwan for mobile payments

July 6, 2017

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports.

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Philippine fraudsters could face life for ATM skimming

July 6, 2017

A Philippine lawmaker has submitted legislation that would send some ATM fraudsters to prison for life.

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ATMIA announces keynote speaker for 2018 US conference

July 6, 2017

The ATM Industry Association has announced that cybersecurity expert Theresa Payton will headline its 2018 conference as keynote speaker.

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Vantiv bids to buy Worldpay for nearly $10B

July 6, 2017

According to multiple media reports, merchant acquirer Vantiv Inc. has agreed to buy U.K.-based processor Worldpay Group PLC for $9.9 billion.

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STEGO products provide frost protection in hazardous areas

July 5, 2017

The STEGO convection heater CREx 020 and compact thermostat REx 011 provide frost protection in hazardous areas, according to a press release.

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How elotes and tamales keep a cashless society at bay

by Will Hernandez — Editor, NetWorld Media Group

A Chicago neighborhood is one example of the many anomalies when it comes to the digital discussion and pushing mobile payments forward.

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Mobile banking gets a big boost from Brits

July 4, 2017

Over the past five years, customer activity on U.K. banks' mobile apps has grown 354 percent. And these apps not only are seeing greater use, but also are…

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Fraud losses could set new record in 2017

July 4, 2017

Card fraud loss trends dipped in 2016, but escalating losses in 2017 hint that it could be a record year for fraud, according to a press release.

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Macau suspends China UnionPay card use at non-KYC ATMs

July 4, 2017

Starting July 4, the Monetary Authority of Macao is requesting that ATMs without Know Your Customer technology suspend cash withdrawal services for mainland…

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Austrian festival's 4K attendees go cashless

July 4, 2017

Six Payment Services, a European cashless payments provider, enabled cashless payment at the recent Fifteen Seconds Festival, according to a press release.

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India's digitization agenda faced with 'contrary reality' on the ground

July 4, 2017

Despite the impetus provided by demonetization, digital banking has yet to become pervasive in India.

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