Pulse study shows debit card use rising for e-commerce, P2P and online bill payment

August 1, 2019

Consumers are using debit payments more often to make e-commerce purchases, for online bill payments and for P2P transfers, according to a new study…

NCR surpasses Q2 estimates thanks to boost in ATM sales

by Amy Castor — Editor, Networld Media Group

NCR beat analysts estimates in Q2 2019. Total revenue for the quarter was $1.71 billion, up 11% year over year. Most of the growth came from its banking…

FNBO outsources entire ATM fleet to Cardtronics

July 31, 2019

First National Bank of Omaha has extended its partnership with ATM operator Cardtronics Inc., which will now provide turnkey ATM managed services to all FNBO's…

Singapore's OCBC Bank launches cardless ATM withdrawals using QR codes

July 31, 2019

Singapore-based OCBC Bank announced the rollout of ATM technology that allows customers to withdraw funds using the OCBC Pay Anyone app that works by scanning…

Fiserv completes $22B First Data merger

July 30, 2019

The deal is done. Financial technology company Fiserv Inc. completed its $22 billion all-stock acquisition of New York's First Data Corporation on Monday. 

How Chile's BancoEstado keeps cash available to entire nation

by Bernardo Batiz-Lazo — Professor of Business History, Bangor University

Chile's BancoEstado, a government-owned bank, relies on a correspondent banking system to offer its services across the country. Operating as simplified bank…

Nigeria's Access Bank migrates to new ATM card solution

July 29, 2019

Nigeria's Access Bank has migrated its entire network of ATMs to CR2's ATM driving and card switching solution. The project also includes the migration of the…

Diebold Nixdorf delivers solid performance in Q2

by Amy Castor — Editor, Networld Media Group

Diebold Nixdorf stock jumped 29% Thursday on news that it beat analyst projections for second quarter earnings. Since 2018, the ATM maker has been aggressively…

Extraco Banks expands Cardtronics partnership

July 25, 2019

Extraco Banks, an independent banking company based in central Texas, has extended its partnership with Cardtronics, an ATM service provider. 

Mastercard, SumUp enter deal to expand mobile POS across Europe

July 25, 2019

Mastercard entered an agreement with SumUp, a provider of mobile point-of-sale devices, to expand the number of electronic payment acceptance locations across…

Don't let China skew the global ATM picture

The number of ATMs worldwide is now in decline, but a big part of that is due to China's rapid adoption of smartphone payment systems. If we take China out of…

Majority of Brits still paying for things with cash

July 24, 2019

Despite all the news that cash is on its way out, a new report from UK's Payment Systems Regulator suggest the vast majority of Brits are still pulling notes…

Timewise stores extend ATM service contract with Cardtronics

July 24, 2019

Timewise Food Stores, a leading convenience store chain based in Houston, has extended its longstanding partnership with ATM operator Cardtronics.    As part…

Visa working to boost cashless payments in advance of 2020 Tokyo Olympics

July 24, 2019

Visa Inc. said it working on a series of innovative payment experiences in advance of the 2020 Olympic Games in Tokyo, where Visa is the official payment…

Cash use plummets across UK

by Amy Castor — Editor, Networld Media Group

According to a report by Link, which runs the ATM network in the UK, the use of cash is dropping in the country, mainly driven by online banking and card and…

Burroughs names new CEO

July 22, 2019

Burroughs Inc., a Plymouth, Michigan-based provider of support and maintenance for financial services equipment, has named Anson Martin CEO. 

Diebold Nixdorf to upgrade VyStar Credit Union's entire ATM fleet

July 22, 2019

Diebold Nixdorf will replace VyStar's Credit Union's entire fleet of more than 250 ATM machines, according to a company press release. The Jacksonville…

In Kansas, ATM service provider Prineta, is surging ahead

July 22, 2019

While the number of ATMs around the world is set for a slow decline due to an increase in digital payments, one ATM company in Overland, Kansas, was named one…

Fifth Third Bank to debut mobile banking kiosk at NAACP convention

July 19, 2019

Fifth Third Bank said it will debut its Banking to Go mobile kiosk, which brings banking services to low-to-moderate income communities, at the 110th annual…

European fintechs, challenger banks poised to invade US market

by David Jones — Editor, Networld Media Group

A new wave of European fintechs are planning to invade the U.S. banking market with alternative models of savings, payment and new customer relationships that…