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News & Media

FCTI rolls out resource center for multibrand ATM program partners

August 28, 2018

FCTI Inc., an independent ATM network, has launched an online resource center for bank and credit union multibrand ATM program partners.

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China edges out US in AI investment

August 28, 2018

Chinese AI startups raised $5 billion in venture capital funding during 2017 — a half-billion more than their U.S. counterparts — indicating investor…

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KeyBank taps MasterCard for AI-based fraud solution

August 24, 2018

Cleveland-based KeyBank is working with MasterCard to implement MasterCard Decision Intelligence, a security solution that uses artificial intelligence to make…

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Global IT security spending to total $114B in 2018

August 24, 2018

According to estimates from Gartner, worldwide spending on information security products and services will amount to $114 billion this year, an increase of…

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2 years after demonitization, Indian ATMs still not recalibrated

August 24, 2018

Indian consumers continue to feel repercussions from the Modi government's decision nearly two years ago to demonitize 500 rupee and 1,000 rupee notes. 

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How Citi maximizes the mobile experience in an omnichannel banking world

by Will Hernandez — Editor, NetWorld Media Group

Mary Hines, Citi Managing Director of Customer Engagement and Innovation, described how the bank has created new opportunities for customer engagement in the…

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Australian payments players ramp up fight against card fraud

August 24, 2018

The Australian Payments Network, also known as AusPayNet, has announced the start of an industry consultation on a new framework to accelerate the fight…

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Back to the future: An argument for the 'retro' bank ATM

by atm Atom — blogger, atmatom

After years of expensive operating system migrations and routine hardware obsolescence, many financial institutions are skipping the upgrade ritual and going…

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Consumers worry about privacy of data used by money management apps

August 23, 2018

Nearly one-third of U.S. banking consumers use online and mobile apps for money management, but many worry about the privacy of their data used in these apps…

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Small English town has a big problem with ATM robberies

August 23, 2018

Market Drayton, a quiet little town in Shropshire County, England, with a population just under 12,000 has been named ninth among the top 10 cities in the…

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Samsung Pay marks 3 years, 1.3B transactions

August 23, 2018

Samsung Electronics celebrated the third anniversary of the launch of Samsung Pay — on Aug. 20, 2015, in South Korea — with the announcement that the mobile…

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OptConnect lands a spot on Inc. 5000 list

August 23, 2018

OptConnect, a provider of managed wireless connectivity, has secured a spot on the 2018 Inc. 5000 list.

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Venezuela gets new currency as government wrestles with rampant inflation

August 23, 2018

On Monday, the government of Venezuelan President Nicolás Maduro rolled out a new sovereign currency.

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PSCU Linked Analysis solution predicts, prevents fraud

August 21, 2018

PSCU, a Florida-based credit union service organization, has introduced Linked Analysis, a new fraud-fighting solution.

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India issues strict regulations for ATM replenishment, cash in transit

August 21, 2018

Following a rash of attacks on cash vans, vaults, and ATMs, as well as internal fraud. India's home ministry has taken measures meant to discourage such…

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Consumers who choose e-payments over cash less able to recall transaction amounts

August 21, 2018

A research team in Germany has found that people not only tend to spend more when they use a credit card, but also that tend to have a less accurate memory of…

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US credit card total purchase value edges toward $1T mark

August 21, 2018

For the first time in history, the U.S. credit card processing industry is poised to pass the $1 trillion mark in total purchase value in Q4, according to a…

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Brits favor raising caps on contactless transactions

August 21, 2018

New research from GoCompare in the U.K. reveals that 42 percent of contactless payment users would like to see the limit for transactions increased, according…

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6 sound bites from CONNECT: The Mobile CX Summit

by Will Hernandez — Editor, NetWorld Media Group

One of the overarching themes in this year's event held in Chicago was the importance of design, whether in a mobile app, a loyalty program, or delivery…

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ATMIA to launch ATM Industry Career Center

August 20, 2018

The ATM Industry Association has announced the pending launch of the ATM Industry Career Center, a resource that will soon be available to all ATM industry…

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