Decline of cash continues in Sweden

December 17, 2015

You'll still find a crown on krona banknotes, but cash is no longer king in the Nordic nation.

Alaska USA FCU expands surcharge-free ATM access

December 17, 2015

The $6.1B FI has joined the Allpoint ATM network, extending surcharge free ATM access to its half-million members across the country.

NCR releases final results of 'Dutch auction' tender offer

December 17, 2015

NCR accepted for purchase approximately 37.4 million of the 41.2 million shares of its common stock that were validly tendered by shareholders.

What the 'Terminator' can teach us about boomer banking

Despite the spotlight on millennials, it's boomers who still hold the nation's wealth. Your level of engagement with them in all channels will determine…

Global Payments buys Heartland for $4.3 billion

December 17, 2015

Global Payments said the acquisition significantly expands its U.S. direct small and medium-size enterprise distribution, merchant base and vertical reach.

New study follows trends in use of EMV cards

December 16, 2015

The report reflects actual use for 'top of the wallet cards,' not for EMV cards that are issued only to lie forgotten in a desk drawer, CardFlight says.

Cashless payments outgrowing ATM withdrawals — but not by much

December 15, 2015

Since 2010, the annual growth rate of cashless payments has outpaced that of ATM cash withdrawals by only about one-half of one percent, a new study by RBR…

NCR, WinMagic partnership puts a stop to ATM jackpotting malware

December 15, 2015

NCR Secure Hard Disk Encryption uses WinMagic's preboot authentication solution to ensure that malware can't be uploaded to an offline ATM.

UnionPay makes inroads in the Arab world with processing agreement

December 15, 2015

Pan-African and Middle Eastern payments processor Emerging Markets Payments has partnered with China's fast-growing bankcard company.

Global ATM market to be worth nearly $25B by 2022

December 15, 2015

Rising competition among banks is expected to provide a huge base for installations, offering lucrative growth opportunities, study author Grand View Research…

Utah CU goes high tech at new branch serving U students

December 15, 2015

To cater to a young, tech-oriented demographic, leadership at First Deseret CU chose to outfit the branch with interactive teller machines rather than…

Burroughs scanner certified with Acuant ID verification

December 15, 2015

The Professional Elite scanner uses idScan to capture the image of a government-issued ID and automatically transfer the information to an FI's systems.

NCR Corp. to buy back 37.4M tendered shares for $1B

December 14, 2015

The shares represent approximately 22 percent of NCR common stock outstanding as of Nov. 9, the company says.

Caffeine-fueled dreams of a new kind of branch

by Tom Harper

What will the branch of the future really look like? Let's think outside the brick-and-mortar box for a moment.

PNB offers ATM fee relief for Chennai flood victims

December 11, 2015

The bank says its 81 branches and 82 ATMs in the city are fully operational in the wake of flooding judged to be the worst to occur anywhere in the world in…

Police bust up multinational ATM skimming gang in Mexico

December 11, 2015

Authorities arrested 26 and seized 54 counterfeit bankcards, $38,000 in cash and eight vehicles in coordinated raids, a local report says.

Swedbank, Cryptomathic team to deploy key management system

December 11, 2015

Swedbank, which operates one of Europe's largest payment acquiring networks, has implemented CKMS across its acquirer network and payment terminal management…

ECB takes issue with Ireland's new tax on ATM withdrawals

December 11, 2015

The ECB is concerned that the move "may set a precedent for the possible future taxation on the channels to access euro banknotes."

Consumers in mature markets will own 3-4 devices by 2018

December 11, 2015

Gartner Inc. says that the increased use and ownership of multiple devices will drive further innovation in UI technologies.

Indian banks decline ATM interchange reduction request

December 11, 2015

India's finance ministry has asked banks to cut interchange fees by more than one-third to encourage greater use of ATMs, but FIs say they can't afford to.