Transfast, State Bank of India ink remittances deal

February 19, 2018

Transfast, a provider of remittance solutions with a presence in more than 125 countries, has entered an agreement with India's largest FI, State Bank of…

Bill would set card purchase minimums at $10 in NYC

February 19, 2018

A pair of New York City Councilmen want to make it illegal for businesses to set credit card minimum purchase amounts above $10.

An oasis in the cash desert: How UK FIs can reinvent the ATM channel

The U.K. banking industry is being challenged to allay consumers' fears over the loss of thousands of branches, while keeping free ATMs profitable enough to…

Costs of cyberattack greater for financial services than for other industries

February 16, 2018

Cyberattacks cost the financial services sector more than any other industry, and the rate of breaches in the sector has tripled over the past five years…

X9, PCI SSC collaboration aims to unify PIN security standards

February 16, 2018

The Accredited Standards Committee X9 Inc. and the PCI Security Standards Council have announced a joint initiative to create one unified PIN security standard…

Wells Fargo adds predictive banking feature to mobile app

February 16, 2018

Wells Fargo & Co. has announced that mobile banking deposit customers now have access to a predictive banking feature that analyzes account information and…

ATMIA announces new executive committee members, national committee co-chairs

February 16, 2018

In a board meeting concurrent with its U.S. conference Feb. 6-8 in Las Vegas, the ATM Industry Association elected new executive committee members. They…

Wirecard, ReiseBank enhance travel money app with cash top-up capability

February 16, 2018

Wirecard is expanding its collaboration with ReiseBank, a provider of travel money in Germany. The partners launched the bankomo mobile money app last year…

Town Hall touches on ATM industry pain points, future plans

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The "town hall" meeting has become a highlight of the annual ATMIA US Conference, encapsulating industry-wide happenings in a tidy 60-minute package. As usual…

Coinsource expands bitcoin ATM footprint into New England

February 14, 2018

Bitcoin ATM network Coinsource has expanded into New England with 10 new machines in Massachusetts (5), New Hampshire (3) and Rhode Island (2).

ATMIA US conference sets new attendance record

February 14, 2018

The ATM Industry Association set a new record for attendance at its annual U.S. conference in Las Vegas last week, attracting 1,129 industry executives from…

Study finds high engagement with banking apps among US smartphone users

February 14, 2018

Of adults in the United States who use a smartphone, 63 percent have at least one financial app installed, and the average smartphone user has 2.5 financial…

Shyft to develop blockchain-based KYC-AML network

February 14, 2018

Shyft, a provider of KYC-AML infrastructure, has announced an open and unified blockchain framework for the standardization of regulatory, compliance and due…

UnionPay cards issued outside mainland China top 90M

February 14, 2018

Twenty million UnionPay cards were issued outside the Chinese mainland in 2017, increasing the total of such cards to approximately 90 million, according to a…

Cash trap: How an ingenious ATM solution led cops right to robbers

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In a workshop at last week's ATMIA conference, attendees learned how Cash Connect and 3Si were able to stop chasing the same ring of thieves out of one major…

Nautilus Hyosung America puts on a show of Force

February 13, 2018

Nautilus Hyosung America officially launched its new Force retail ATM last week with an exhibit at the ATMIA US Conference in Las Vegas.

NCR to renew BankDhofar self-service network

February 13, 2018

BankDhofar, a retail financial institution in Oman, has selected NCR Corp. to overhaul its existing self-service network.

Real-time payments platform debuts Down Under

February 13, 2018

Three Australian banks have gone live with a real-time payments platform that will allow their customers to transfer funds instantly via PayID, a system that…

Sister organizations Interac, Acxsys merge to create Interac Corp.

February 12, 2018

Interac Association and Acxsys Corp. have completed the reorganization of their corporate structure into an amalgamated entity, Interac Corp.

Payments fraud plagues 75 percent of FIs, Minneapolis Fed reports

February 9, 2018

Payments fraud losses remain an issue for financial institutions across the country, but customer diligence — such as reviewing transaction activity and…