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.

Tech consultancy offers predictions for enterprise software in 2016

December 10, 2015

For an FI to succeed, says DataArt, FIs must leverage a strong digital strategy that incorporates the tools millennials are using — or planning to use.

Global Processing Services turns to iliad for testing platform

December 10, 2015

Iliad's T3 platform is an integrated solution for testing the functionality and load capabilities of payments systems.

TransUnion buys Trustev in $21M deal

December 10, 2015

TransUnion could pay up to an additional $23 million contingent on Trustev achieving specified retention, revenue and EBITDA targets through 2018.

New threat intelligence software aids in the fight against cybercrime

December 10, 2015

The EclecticIQ platform gathers information from trusted sources while threat analysts focus on higher-level concerns, the developer says.

Can smartphones solve ATM skimming?

... or do they have their own particular vulnerabilities that might present a new avenue for hackers?

Walmart Pay ready for a close-up

by Will Hernandez — Editor, NetWorld Media Group

Consumers can access the new system through the retailer's existing mobile app; the system relies on QR code technology to complete a purchase at the physical…

Wells Fargo plans national rollout of mobile-ATM functionality in 2016

December 9, 2015

Customers will be able to use their mobile device to designate the type and amount of an ATM transaction prior to arriving at a Wells Fargo ATM.

Mobile-first FI pursues fast-paced expansion across Europe

December 9, 2015

Number26 says its popular mobile bank account (with free ATM access) is the antidote to 'a bad user experience and overpriced retail banking products.'