News & Media
Chinese ATM deployer sued for $369M after failing to meet investors' IPO deadline
September 30, 2016
Chinese ATM-maker ATMU has been hit by a lawsuit from Carlyle Group LP funds for failing to meet a promised four-year timeline for an initial public offering.
read nowWhat comes around goes around (then comes back, flattens you and takes back the money)
September 30, 2016
The Inquistitr recently reported the strange case of a Portuguese immigrant who was robbed while getting cash at a drive-through ATM in Philadelphia.
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Too big to die?: Debating the future of cash
by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association
Pro- and anti-cash factions faced off at last week's Bank Customer Experience Summit in Chicago to debate the question, 'Is it time to kill cash?'
read nowStreamlined EMV certification solution from FIS gets nod from major card brands
September 27, 2016
FIS, a provider of financial services technology, recently announced that the company has received accreditation from Discover, MasterCard and Visa for a…
read nowParabit rolls out mobile NFC, contactless EMV access for secure ATM lobbies
September 27, 2016
Following on the rapid deployment of cardless NFC transactions at ATMs, self-service and security solutions provider Parabit has introduced mobile NFC…
read nowDiebold Nixdorf announces initiative to 'crowdstorm' next-gen financial services
September 27, 2016
Diebold Nixdorf has announced a crowdstorming project aimed at creating new consumer services for financial institutions operating in an increasingly digital…
read nowFiserv, FCTI partner on ATM terminal driving at US 7-Eleven stores
September 27, 2016
Fiserv Inc., a provider of financial services technology solutions, has partnered with FCTI Inc., a nationwide ATM network provider, to enable transaction…
read nowNew report investigates alternative OS options for ATMs
September 27, 2016
The ATM Industry Association has announced the publication of its new guide, "Alternative Operating System Case Studies."
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How Umpqua Bank answered the question, 'What business are we in?'
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
At last week's Bank Customer Experience Summit in Chicago, Brian Read explained why Umpqua's answer wasn't the obvious one.
read nowDiscover tops Mastercard, Visa as planet's most-accepted payment card
September 26, 2016
The number of card-accepting merchant locations worldwide grew 15 percent in 2015 to 54 million, research and consulting firm RBR says in a new report.
read nowPayment cards worldwide will total 22B by 2020, Nilson Report says
September 26, 2016
Credit, debit and prepaid cards in circulation worldwide totaled more than 18.08 billion at the end of 2015, an increase of 5.8 percent over 2014, according to…
read nowMobile business banking app aims to help smaller FIs compete for SMB customers
September 26, 2016
NCR Corp. has launched Business Banking Mobile. The application will allow community financial institutions to compete with larger financial institutions by…
read nowNFC the 'next evolution' in payments, report says
September 26, 2016
A new report by Aite Group predicts that, as EMV becomes the standard, NFC will rise up as the next evolution in global payments.
read nowTSYS-certified Swipe solution promises turnkey EMV migration
September 26, 2016
NMI, a payments enablement technology company, has announced the certification of its EMV chip card solution, Swipe, on TSYS processing platforms. Users of…
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Bankers get straight talk — and surprising insights — from millennials
by Will Hernandez — Editor, NetWorld Media Group
A panel at the Bank Customer Experience Summit brought together college students from the University of Chicago to share their opinions on banks, payments and…
read nowStudy predicts 70 percent drop in cash transactions in Canada
September 23, 2016
By 2030, cash purchases will make up only 10 percent of money spent in Canada, compared with 35 percent of transactions in 2014, according to a study by…
read nowTest automation, reliability enhanced in KaNest-ICC tools
September 23, 2016
Visa has confirmed the latest versions of Galitt card test suites KaNest-ICC VIS and KaNest-ICC VCPS for contact and contactless cards, respectively, according…
read nowCards to overtake cash for global payments in 2016
September 23, 2016
A new study by global market research company Euromonitor International indicates that consumer card payments will surpass cash payments for the first time in…
read nowIllinois CUSO pledges $500K in EMV assistance to member CUs
September 22, 2016
LSC, a Naperville, Illinois-based credit union service organization, has announced a plan to its 300 debit card member credit unions help cover the cost of the…
read nowLG CNS introduces LTA-350 cash recycler in NA market
September 22, 2016
LG CNS has announced the launch of the new LTA-350 cash recycler in North America. The LTA-350 will be available to financial institutions that want to…
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