Deutsche Bank buys 4.9% stake in open banking fintech Deposit Solutions

September 19, 2019

Deutsche Bank said it acquired a 4.9% stake in German-based fintech Deposit Solutions, according to announcements from both companies. 

Blackstone sells part of its stake in NCR

September 19, 2019

NCR Corp. said Wednesday that it is allowing Blackstone Group Inc., a private-equity firm, to retire 57% of its NCR preferred stock.

Amazon PayCode launches in US for people who pay in cash

September 18, 2019

Amazon wants to make it easier for customers to pay with cash. 

Chime recovers from weekend outage in mobile banking app, card transactions

September 17, 2019

Chime, the San Francisco-based challenger bank, confirmed that it experienced a brief outage Sunday that left customers unable to complete certain card and…

4 things FIs can do to stay ahead of fintech startups

It seems like everyone is jumping into the financial space these days. With traditional tech and fintech startups making waves, here are four ways traditional…

Wells Fargo to launch digital currency on its blockchain platform

September 17, 2019

Wells Fargo & Co. announced plans to launch a digital currency called Wells Fargo Digital Cash on its blockchain platform. Clients will be able to use…

Venezuela sees its first Bitcoin ATM

September 16, 2019

A Bitcoin ATM has finally found its way to Venezuela.

Greenlight Financial raises $54M with backing from JPMorgan, Wells Fargo

September 16, 2019

Greenlight Financial Technology Inc., said it raised $54 million in Series B funding led by Drive Capital, with backing from JPMorgan Chase and Wells Fargo. 

Bitcoin ATM operator Coinme raises $1.5M from Ripple, VC fund

September 16, 2019

Seattle-based bitcoin kiosk and ATM provider Coinme has raised $1.5 million in a Series A-1 round that included Ripple subsidiary Xpring and the newly…

Mastercard to pay UK shops to offer cashback

September 13, 2019

Payment provider Mastercard is launching a new initiative to broaden cash access in the U.K., according to a company press release. 

6 ATM insights revealed at DN Intersect

by Amy Castor — Editor, Networld Media Group

Diebold Nixdorf wrapped up its three-day DN Intersect conference this week in Las Vegas, where partners and vendors came from around the country to learn more…

KAL launches solution to eliminate ATM hardware upgrades

September 12, 2019

KAL ATM Software, an ATM software company based in Edinburgh, Scotland, is launching a product to eliminate enforced ATM hardware upgrades caused by Windows…

How to improve ATM security with remote key loading

Remote key loading provides a secure and cost-effective method for loading and managing ATM encryption keys across entire ATM networks, making it the strongest…

Mastercard testing open-loop B2B payments service Mastercard Track for 2020 launch

September 12, 2019

Mastercard announced the launch of Mastercard Track, an open-loop business payments system designed to help automate the $125 trillion B2B market between…

Paragon enhances web-based testing platform for FIs

September 10, 2019

North Carolina-based Paragon Application Systems, a provider of payment-testing solutions for the financial services industry, has enhanced its Web FASTest…

Diebold Nixdorf CEO: ‘Bank branches are here to stay’

by Amy Castor — Editor, Networld Media Group

Gerrard Schmid, the CEO and president of Diebold Nixdorf, argues that bank branches are here to stay, despite banks' efforts to cut costs and threats from…

ING partners with Dutch supermarket to trial cashierless store

by Amy Castor — Editor, Networld Media Group

September 9, 2019

ING has joined forces with Dutch supermarket chain Albert Heijn and U.S. tech startup AiFi to pilot a cashierless store. The partners have built a…

Hackers stole $1.66M from German bank OLB by cloning EVM cards

September 6, 2019

EVM (chip and pin technology) was supposed to help make credit and debit cards safe from fraud, but it isn't completely foolproof. 

Podcast: A deeper look at ATM managed services

by Amy Castor — Editor, Networld Media Group

Adam Hobelmann, VP of sales and marketing at Burroughs, talks about the company he works for and the changes he's seen in the ATM managed service business.

Presented by Burroughs, Inc.

NCR debuts compact addition to family of cash-recycling ATMs

September 5, 2019

NCR Corporation has launched the SelfServ 63, a small-footprint cash recycling ATM as the newest addition to its family of cash recyclers.