Maybank brings cardless ATM withdrawal to Malaysians

January 8, 2014

Maybank has introduced Malaysia's first P2P payments service that lets money transfer recipients withdraw cash from an ATM without the need for an ATM card.

It's still anyone's game in mobile payments

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

In a previous blog post, I wrote about some of the reasons mobile technology needs financial institutions. In this blog, I'd like to follow-up with some…

MasterCard acquires Turkish payment solutions provider

January 8, 2014

MasterCard has announced the completion of its acquisition of Provus Bilisim Hizmetleri A.S., a Turkish independent payment solution and processing provider.

Consumers want real-time payments - from their primary FI

by Terry Dooley — SVP & CIO, ITS, Inc

A recent FIS study reiterates three key points regarding consumers and real-time payments. 

Israel going cashless?

An e-mail received by an audience member during the "cashless society" panel at the ATM & Mobile Executive Summit leads to one of the most interesting…

Does the U.S. government want cash out of the way, or not?

Leland Englebardt of MasterCard confronts a government interagency panel on why they seem to be warm on cash, when the cost of cash is so high for them. "I…

8 more arrests in $45M bank heist

January 8, 2014

Nearly a year after a bank job that siphoned off $45 million from two Middle East FIs, Spanish police have announced the arrest of another eight suspects…

Bitcoin ATMs bustin' out all over

January 7, 2014

Will 2014 be The Year of the Bitcoin ATM? On Jan. 2 Robocoin announced pending Bitcoin ATM installations in Hong Kong, Taiwan and Toronto.

No less than the best: Attracting top talent in 2014

Seven ways ATM deployers can make sure they're not sabotaging their efforts to recruit the industry's best and brightest.

The promise of a true mobile wallet

"Today ... the mobile phone is handier than your wallet," says George Wallner, CTO of Loop. Wallner then describes the best use case for a mobile wallet. (From…

Successful mobile wallets of the future

"Think of the wallet of the future as an operating system," says George Wallner. "Today when you talk to the major card issuers, they all have wallet…

TMG white paper addresses biometric ID potential

January 6, 2014

Payments processor The Members Group has published the second in a series of four fraud-themed white papers. "Biometric Authentication Heading for Payments…

Study: Real-time Payment Systems: A Global Opportunity

January 6, 2014

As more consumers and businesses move to electronic payments, countries around the world are implementing — or considering implementing — real-time payment…

Co-op, Credit Unions for Kids enable charitable giving at ATMs

January 6, 2014

Co-op Financial Services and the charitable organization Credit Unions for Kids have introduced an add-on ATM transaction that will allow members to make a…

Double-encrypted PINs provide extra layer of protection in breaches

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

As Target breach updates continue to roll out, PIN compromise is among the hot topics. The question as to whether PINs were exposed in the holiday-season…

Wincor again receives plaudits for sustainability efforts

January 3, 2014

Wincor Nixdorf has once again received an A-plus grade on its sustainability report to the Global Research Initiative. The company's two previous reports — for…

NRF files formal appeal of controversial antitrust ruling

January 3, 2014

Two weeks before Christmas, when the ruling in a controversial antitrust lawsuit settlement covering credit card swipe fees came down in favor of Visa and…

Indian Bitcoin exchange closes amid regulatory warnings and tax inspections

January 3, 2014

India's largest Bitcoin trading platform, BuySellBitCo.in, closed on Dec. 26 as a result of regulatory warnings from the Reserve Bank of India, according to…

ATM mandates in India create a quandary for FIs

January 3, 2014

In the wake of a brutal machete attack on a woman at an ATM in Bangalore on Nov. 19, many of India's state governments are requesting — if not requiring — that…

2014: The year of the seamless transaction?

A great, cross-channel customer experience is the gold standard for FIs. So why is it so hard to deliver?