FIs, card brands benefit from EMV certification delays, lawsuit alleges

April 14, 2016

Two Florida retailers have sued major credit card companies and banks over certification issues related to the liability shift for bankcard fraud in the US.

Navigating digital disruption in financial services

A look at how today's startups are pushing traditional banks to find new ways to stay relevant to an ever-evolving consumer.

Report: Digital transactions to reach $8T by 2020

April 13, 2016

Juniper said that the digital commerce market will see strong contributions from three key sectors — digital banking, remote digital goods and remote physical…

Navigating branch transformation: 3 secrets to success

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A webinar on Tuesday, April 19, will look at tactics that can help FIs make their way through a maze of challenges and achieve amazing branch transformation…

$1.3B Connexus CU joins Co-op ATM network

April 12, 2016

Members of the Wausau, Wisconsin-based FI will gain surcharge-free access to 30,000 ATMs nationwide through their CU's new agreement with Co-op Financial…

UL OK'd by Diners Club for contact, cardless E2E terminal certification

April 11, 2016

UL can now guide organizations that accept Diners Club cards through the payment terminal end-to-end certification process, ensuring global interoperability of…

Report: Millennials clearly moving away from bank account ownership

April 11, 2016

By one measure — i.e., checking and savings accounts — traditional FIs are losing out on younger customers, but by a broader measure, business from this…

Report: Payments via smartphones, wearables to top $95B by 2018

April 11, 2016

The bulk of contactless payment value will come from mobile phones, with wearables such as the Apple Watch making up only 2 percent of the total.

FICO: ATM compromises rocket to all-time high in 2015

April 8, 2016

The company says that criminals are attacking terminals over shorter periods of time as a way to avoid detection, and that nonbank ATMs have been hit…

Coming this fall: The newest ATM (that's not)

April 8, 2016

What is it about the injection of any word into the phrase 'The [blank] ATM' that gets the mainstream media so stoked?

Wells Fargo: Doubling down on card-free ATM access

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

For the time being, most US FIs are relying on texted codes to offer their customers a cardless ATM option; by implementing NFC as well, Wells Fargo is getting…

Report on millennials holds bad news, good news for traditional FIs

April 8, 2016

Young adults are less inclined to rely on traditional banks, CUs and S&Ls for checking and savings accounts, but their use of other products from these…

OCC publishes paper on responsible innovation in banking

April 8, 2016

Additionally the Office of the Comptroller of the Currency has solicited feedback as to what more it might do to support innovation that better serves…

Efma explores reinvention of traditional banking model

April 8, 2016

In a new report, the European financial organization looks at the impact of fintech and the ways that banks can work with startups to benefit customers and…

Four power moves for traditional financial institutions

One reason why traditional financial institutions are challenged by fintech is their large, departmentalized organizational structure. The other is their large…

Down-under IAD turns to Fiserv for ATM cash, network management solutions

April 7, 2016

Australian network operator Cuscal aims to extend its range of services to include more automated and integrated capabilities for cash and multivendor ATM…

Pivotal taps Tango for in-house payment processing

April 7, 2016

The Lusis product gives Pivotal an advanced system for acquiring, routing, switching, authenticating and authorizing transactions across multiple channels, the…

ACI, PayNearMe partner on mobile cash tax payments

April 7, 2016

Consumers can make a tax cash payment at a participating 7-Eleven after they scan a PayNearMe barcode.

Mobile-only Atom Bank opens for business in UK

April 6, 2016

The newly launched FI promises to 'innovate and deliver a transparent way of banking that turns the old world on its head.'

Survey: M-wallets powered by differing technologies will coexist in the future

April 6, 2016

However, market consolidation within the next two to three years will reduce their numbers, according to a new report on trends in the global payments…