The wrap from BCX: Mobile banking and payments, AI, and the future of it all

by Will Hernandez — Editor, NetWorld Media Group

Will Hernandez, editor of ATM Marketplace sister publication Mobile Payments Today, offers a wide-ranging view of topics and talking points from the 2018 Bank…

PAI names new CEO, board members

October 2, 2018

Payment Alliance International, the largest privately held ATM provider in the U.S., with more than 75,000 ATMs, has announced new appointments to its…

Cash Depot taps Morphis for cash logistics software

October 2, 2018

Green Bay, Wisconsin-based Cash Depot, which claims to be the world's largest largest individually owned ATM company, has gone into full production with…

How banks and their customers can benefit from artificial intelligence

by Will Hernandez — Editor, NetWorld Media Group

The question of how artificial intelligence can help banks to achieve more meaningful interactions with customers was an overriding theme at the Bank Customer…

Commonwealth Bank customers put away wallets, pay by phone

September 28, 2018

New data from Australia's Commonwealth Bank shows that customers are increasingly reaching for their smartphones instead of their wallets at the checkout…

Diebold Nixdorf looks to a software-driven future for its ATM business

September 28, 2018

The future for Diebold Nixdorf will be dominated, not by ATMs, but by software, a direction driven by priorities of the financial institutions the company…

ATM eavesdropping crime on the upswing, Secret Service says

September 28, 2018

The Secret Service has notified U.S. financial institutions about a recent increase in "eavesdropping" attacks on ATMs.

Lamassu intros 3 new crypto ATM models

September 28, 2018

Cryptocurrency ATM vendor Lamassu has introduced new model lines, according to the company's website.

Authorities dismantle euro counterfeiting print shop

September 28, 2018

On Sept. 21, the Polish Central Bureau of Investigation in Gdansk dismantled an illegal print shop producing counterfeit 50 euro bank notes. According to a…

4 ways an FI can leverage its digital wallet to boost revenue

A recent study conducted by ath Power Consulting reveals that financial institutions are the most favored providers of digital payment service. Why, then…

Fiserv to acquire ATM-related units of Elan Financial Services

September 27, 2018

Rumors of the sale of all or part of Elan Financial Services were resolved today with the announcement by Fiserv Inc. that it will acquire the debit card…

Dollar Bank goes live with Zelle P2P payments

September 27, 2018

The Zelle person-to-person payments service is now available at Dollar Bank via the bank's online and mobile channels, according to a press release.

Crypto mining company aims to dominate bitcoin ATM market

September 27, 2018

GD Entertainment and Technology, a specialist in cryptocurrency mining and mining services, has announced plans for its "aggressive" entrance into the…

Venmo outpacing ATM cash as payment method

September 27, 2018

Rubiix, a social spending platform that distributes ad revenues back to users who provide their data, has released a report showing that Venmo is now beating…

Paytm said to be testing facial ID for mobile wallet

September 26, 2018

Paytm, a digital wallet and payments provider based in India, is reportedly testing facial recognition capability that will allow consumers to unlock the…

Rapid-fire: Bankers tackle big issues during the BCX Summit

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Literally speaking, there was no round table in the Bankers Rapid-fire Roundtable session at the Bank Customer Experience Summit. However, there were bankers…

PayPal closes purchase of iZettle

September 25, 2018

On Thursday, PayPal Holdings Inc. completed its acquisition of mobile payments provider iZettle for approximately $2.2 billion. This transaction is intended to…

Computer programmer who enabled Target breach sent to prison for 14 years

September 25, 2018

A computer programmer from Latvia will serve 14 years in prison for his role in helping to hackers to design malware that was used to carry out the Target data…

Diebold Nixdorf captures top 10 spot on IDC fintech list

September 25, 2018

Diebold Nixdorf has ranked sixth among the top 100 financial technology companies in the 15th annual 2018 IDC Financial Insights FinTech Rankings, according to…

Wells Fargo to shrink workforce by up to 10 percent

September 25, 2018

Wells Fargo & Co. CEO Tim Sloan announced on Thursday in a companywide town hall meeting that the company will trim 5 percent to 10 percent of its total…