N26 reaches 250,000 customers in US since 2019 debut

January 28, 2020

N26 Inc., a U.S. unit of German challenger bank N26 GmbH, has grown to 250,000 customers since launching in August 2019. 

Skrill launches prepaid Visa card with Community Federal Savings Bank

January 27, 2020

Skrill USA Inc. unveiled the Skrill Visa Prepaid Card, issued by New York-based Community Federal Savings Bank, which allows customers of the Skrill digital…

India's ICICI bank unveils cardless ATM transactions using mobile app

January 24, 2020

India's ICICI Bank rolled out Cardless cash withdrawals, that allows customers make ATM withdrawals using their IMobile banking app, with no need to use a…

Japanese lawmakers to propose digital currency

January 24, 2020

Japanese lawmakers are mulling over a plan to launch a digital version of the yen, amid concerns over China's plans for a digital yuan and the impact of…

Visa tackles growing UK cash access crisis with retail expansion

Visa is launching a program to expand access to cash for rural and low income communities in the U.K. amid reduced access to branch banking and ATM coverage.

Persistent Systems, Validsoft develop voice biometrics for banks, credit unions

January 24, 2020

Persistent Systems and Validsoft have developed a secure voice authentication for banks and credit unions. 

The Clearing House raises real-time payments maximum to $100,000

January 23, 2020

The Clearing House is quadrupling the maximum limit on the RTP network to $100,000. The increase, which starts Feb. 1, is due to increased participation and…

How self-service technology and digital payments are impacting retail

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Self-service technology allows retailers to meet customer expectations established by the pioneering tech efforts of brand's, like Starbucks. These…

Mastercard opens cyber research center in Vancouver

January 23, 2020

Mastercard has opened a Global Intelligence and Cyber Centre in Vancouver, Canada, allowing it to research digital and cyber security, artificial intelligence…

Western Union, Bharti Airtel partner on real-time bank transfers to India, African mobile wallets

January 22, 2020

Western Union has teamed up with Bharti Airtel Ltd. to allow customers to send real-time payments directly to bank accounts in India as well as real-time…

ACH payments increase during Q4, led by surge in same-day transactions

January 22, 2020

The ACH Network, a nonprofit that facilitates check-by-phone transactions, reported that volume grew 8.1% during the fourth quarter to 6.4 billion payments…

Pulse names EVP of product management

January 22, 2020

Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management. 

Vodafone pulls out of Facebook-backed Libra Association to focus on M-Pesa

January 22, 2020

Vodafone Group, a U.K.-based telecommunications conglomerate, became the latest company to pull out of Libra, the Facebook backed digital currency project. 

Central banks form group to explore digital currencies

January 21, 2020

A group of central banks, including the Bank of Canada, Bank of Japan, Bank of England, the European Central Bank, the Sveriges Riksbank and the Swiss National…

Temenos launches SaaS banking service in US to speed digital transformation

January 21, 2020

Temenos AG, a Geneva-based banking software company, announced the launch of its banking-as-a-service platform in the U.S., which it says can help launch a…

4 ATM trends that can't be ignored in 2020

by Daryl Cornell — President & CEO, Triton Systems of Delaware, LLC

Triton Systems' Daryl Cornell predicts that 2020 will be a big year for tap and go, and that frustrations with Windows 10 will simmer.

Tokenized mobile payment revenue to reach $17B

January 20, 2020

Annual revenue from tokenized mobile payments will more than double from $17 billion in 2019 to $40 billion by 2024, according to a new report from Juniper…

Amazon exploring palm biometric technology for retail checkout

January 20, 2020

Amazon is working on new checkout terminals that would allow shoppers to make payments using biometric data found on their palm prints rather than having to…

Tink raises $99.8M to grow open banking platform and jump start Europe expansion

January 20, 2020

Tink said it raised $99.8 million (90 million euros) in its largest-ever funding round, led by Dawn Capital, HMI Capital and Insight Partners, and will use the…

Mastercard kicks off massive climate change effort with Citi, IHS Markit, others

January 17, 2020

Mastercard has launched the Priceless Planet Coalition, a massive effort to combat climate change that will involve a five-year commitment to plant more than…