Bangladesh Bank orders banks to keep ATMs stocked with cash during election

December 28, 2018

The Bangladesh Bank, the central bank of Bangladesh, has ordered banks to keep sufficient cash stocked in ATMS during the 11th general election on Dec. 30…

No More Ransom partners with Microsoft, Cisco for anti-ransomware tools

December 28, 2018

No More Random, an anti-ransomware tools provider, recently added Bleeping Computer, Cisco and ESET as associate partners, and Microsoft, Symantec, Coveware…

Xpress-pay now offering online and mobile payments

December 28, 2018

Xpress-pay is now offering a SubscripXion Plan for online and mobile payments through its portal. Merchants can pay a flat $10 fee per month for unlimited…

How 20th century banking systems fail the 21st century bank customer

Trying to cater to bank customers' needs with 40-year-old systems is as impractical as driving a 1970s car on today’s highways, according to Suresh Ramamurthi…

Visa to acquire UK based global transaction provider Earthport

December 28, 2018

Visa International Service Association, a unit of Visa Inc. known as Bidco, has agreed to pay 198 million pounds for Earthport Plc., a U.K. firm that provides…

Trump considers barring ZTE and Huawei purchases for US carriers

December 28, 2018

President Trump is considering an executive order to bar U.S. companies from using telecommunications equipment made by Chinese companies Huawei and ZTE…

Retail spending jumps 5.1 percent Thanksgiving through Christmas

December 27, 2018

Thanksgiving-through-Christmas spending jumped 5.1 percent this year, exceeding $850 billion, marking the strongest growth in the last six years, according to…

Putting modern payment technologies to the test

Automated testing is an increasingly important consideration as payment providers, retailers and others expand the number of options available option to…

Wall Street remains cool on bitcoin

December 27, 2018

Wall Street businesses Goldman Sachs, Morgan Stanley and others are not embracing bitcoin or other cryptocurrencies, despite some initial interest and…

Cannabis-related bank reform legislation falls short in Senate

December 27, 2018

BofA files blockchain patent for ATM transactions

December 27, 2018

Bank of America ATMs might soon make use of blockchain technology if a patent filed by the bank is any indication. 

SOL Wallet testing mobile banking rollout for South Africa during Q1 2019

December 26, 2018

SOL Wallet, a fintech startup firm, has launched beta testing for a new mobile and web-based banking service in South Africa by March of 2019, according to a…

Instarem simplifies multicurrency transfers for SMBs

December 25, 2018

Instarem, a Singapore-based money transfer service, has introduced a new feature to its money transfer platform that enables small and medium business users to…

Consumers take holiday spending online

December 25, 2018

As of Dec. 19, U.S. consumers were on track to spend more online than ever before this holiday season, with an increase of 18.3 percent year-over-year expected…

USA Technologies, Pepsi distributor to expand cashless vending

December 25, 2018

USA Technologies Inc. has entered a new five-year agreement with Pepsi Cola of the Hudson Valley to upgrade cashless payment devices on 1,000 existing vending…

Facebook gets into the cryptocurrency game

December 25, 2018

Facebook reportedly is developing its own cryptocurrency for use in a blockchain-based funds transfer service, according to a report by Bloomberg.

Crypto ATM installed base ekes out growth in 2018

December 25, 2018

Despite depressed cryptocurrency values (currently around $4,200; down from an all-time high near $20,000 last December), the number of cryptocurrency ATMs…

How biometrics will shape the future of mobile authentication

No longer the stuff of science fiction, biometrics technology is fast becoming a reality for today’s businesses and consumers. And it is poised to have a…

Jeff Matthews steps in as president of ATMIA

December 20, 2018

The ATM Industry Association has announced that the association's deputy president, Jeff Matthews, CEO of Grant Victor companies, has assumed the role of…

Global ATM base set to fall as cash use declines in China

December 20, 2018

The number of ATMs installed worldwide is set to drop gradually from a peak of 3.28 million in 2017 to 3.23 million by the end of 2023, according to the RBR…