4 ways banks and credit unions can stay ahead of fintech startups

With the intensifying competition from fintech startups, financial institutions need to step up their game, especially when it comes to digital, or they risk…

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Bitstop deploys bitcoin ATM at Miami International Airport

October 15, 2019

Bitstop has installed a bitcoin ATM at Miami International Airport in concourse G next to gate 16. Customers can use the ATM to buy or sell bitcoin for cash…

Paramount acquires certain assets of New York's CNY ATM

October 15, 2019

Paramount Management Group, an ATM operator based in Lancaster, Pennsylvania, announced that it has acquired certain assets of CNY ATM Inc.  

JD Power Pulse survey reveals consumers still favor cash access

October 14, 2019

Despite a growing trend toward cashless payments, a J.D. Power Pulse survey shows consumers still want flexibility, as 78% of consumers still believe…

Mexico's new QR-based payments system — will it succeed?

by Bernardo Batiz-Lazo — Professor of Business History, Bangor University

Banxico recently rolled out CoDi, a smartphone and QR-based payments system. ATM historian Bernardo Batiz-Lazo steps us through how QR codes became so popular…

Shields teams with Morphis to expand cash handling services

October 14, 2019

Banking services provider Shields Business Solutions on Friday announced a partnership with Morphis Inc., a Dallas-based provider of currency supply chain…

UK: half of all debit card payments now contactless

by Amy Castor — Editor, Networld Media Group

October 14, 2019

According to the latest figures from trade association U.K. Finance, now over half of the debit card payments in the U.K. are contactless. 

BBVA's Strickland: customers want similar experiences in desktop, mobile banking

by David Jones — Editor, Networld Media Group

Tim Tang, director, enterprise solutions at Hughes, sits down with Gil Strickland, VP, product management at BBVA USA, to talk about customer expectations for…

ATM operator Paramount promotes two execs

October 14, 2019

ATM operator Paramount Management Group has promoted two executives within the company.

Striking a balance between customer experience and security

by Amy Castor — Editor, Networld Media Group

As banks strive to offer customers good online experiences, they often partner with a variety of fintechs. But how do they ensure that their apps are secure?

ATM malware, logical attacks see downward trend in Europe

October 10, 2019

ATM malware and logical attacks are on the decline in Europe, according to the latest report by the European Association for Secure Transactions, a non-profit…

Branch launches no-fee checking, debit with Evolve Bank and Mastercard

October 10, 2019

Branch, a app-based fintech that offers workers advanced access to their pay, announced a partnership with Evolve Bank & Trust and Mastercard to offer a…

Facebook's Libra just lost its head of product

by Amy Castor — Editor, Networld Media Group

October 10, 2019

Simon Morris, who was the head of product for the Libra Association, the governing body that would oversee Facebook's proposed crypto, is gone.

Hong Kong banks shut branches, take hundreds of ATMs offline after spate of violence

October 9, 2019

Over the weekend, anti-government protesters in Hong Kong vandalized several bank branches after the government banned face masks in public. 

How to go beyond the mobile app during the transition to digital banking

by David Jones — Editor, Networld Media Group

A successful transition to mobile banking requires a seamless, intuitive UX built into a mobile app. But the evolution from bricks-and-mortar to digital…

CIT Operators Search for Solution to Increase Safety for Guards & Assets

New Technology provides the answer

ACG acquires Red Diamond

October 9, 2019

Atlanta Computer Group Inc. has acquired Red Diamond LLC., a full-service logistics company focusing on ATM, kiosk and related signage. Based out of Upland…

TMD Security and Gunnebo release whitepaper on how to protect society from ATM explosive attacks

AMSTERDAM--(BUSINESS WIRE)--TMD Security announced today the release of a new whitepaper, ‘Protecting society from ATM explosive attacks', created with…

Barclays to no longer allow cash withdrawals at UK Post Offices

October 8, 2019

U.K. lender Barclays is launching a new cashback scheme next year that allows people to withdraw money at small businesses in remote towns. The bank has also…

Bank execs: Why listening is key to creating personalized experiences

by Amy Castor — Editor, Networld Media Group

Banks are under pressure these days to go digital and create personalized experiences for customers, but many are still trying to figure out what sort of…