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News & Media

Study: In Europe, low-value cash payments migrating to cards

October 21, 2014

From 2010 to 2012, the number of card payments in western Europe grew by 15 percent, while in central and eastern Europe, they increased by 82 percent.

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Rototype cashless ATM a boon to Nigerian banks, merchants

October 21, 2014

Shoppers pay for purchases using their ATM card in the machine, which instantaneously debits a payment to the merchant's account.

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Half of US POS terminals will be chip-enabled by end of 2015

October 21, 2014

Massive data breaches in the past year seem to have prodded retailers to take action to curb their potential exposure to losses from fraud.

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MasterCard, Zwipe team up to roll out first-ever biometric contactless payment card

October 21, 2014

Biometric authentication replaces PIN entry, enabling cardholders to make contactless payments in any amount, unlike current NFC-enabled payment solutions.

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Nearly 40 percent of US mobile banking users worry about identity theft

October 20, 2014

Not surprisingly, older users of mobile banking apps are more fearful than younger users about having their mobile banking data hacked.

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Obama executive order calls for 'BuySecure' initiative

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward…

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For Europe's ATM deployers, innovation trumps expansion

October 17, 2014

The European installed ATM base shrank considerably in 2013, but saw a significant rise in the number of units boasting cash-recycling functionality.

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CPI to launch new note recycler in early 2015

October 17, 2014

The unit offers a more efficient way to accept and dispense cash, the company says.

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SBI rolls out tortuous ATM fee schedule following RBI rule changes

October 16, 2014

For customers with a low average monthly account balance, keeping the rules straight could be frustrating; for those with a heftier balance, they're as simple…

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Burroughs scanners OK'd for use with Aptra Passport

October 16, 2014

NCR has given the green light to the Elite and Open Professional scanner series; Micro Elite and Adaptive certification is expected to follow soon.

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US gov't to introduce EMV for EBT cards

October 16, 2014

Following on high-profile data breaches originating at POS terminals, the Obama Administration is reportedly taking measures to ensure the security of…

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FIME partners with Russian card software provider

October 16, 2014

The relationship will extend FIME EMV migration and certification services to issuing and acquiring banks in the region.

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Cardtronics program incorporates ATM cash, coupons, mobile phones

October 16, 2014

The company's new AllTM program rewards ATM users by presenting them with a special coupon code they can upload to a mobile device and use immediately in-store.

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Jackpotting makes its way to Western Europe's ATMs

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Though malware attacks constitute a minority of ATM crimes in Europe, the stealth, speed, criminal finesse — and cash — involved make them particularly…

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ATM fee foe sues central bank

October 16, 2014

A rights activist is petitioning Nigeria's federal court to rescind an order that reversed a 2012 ban on foreign fees.

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Will EMV lead to more contactless ATMs?

by Terry Dooley — SVP & CIO, ITS, Inc

Some forward-looking independent ATM deployers have begun to develop strategies for implementing contactless ATM transactions.

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Denali Alaskan FCU partners with Co-op for ATM access

October 15, 2014

The Co-op ATM program allows the FCU's members to use 30,000 Co-op networked ATMs across Alaska and the lower 48 states.

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Not bound by tradition, Generations Bank embraces branch transformation

October 14, 2014

The 144-year-old bank has opened its first 'tellerless' branch featuring full-service virtual banking and on-site specialists who help customers with more…

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Prepaid cards rule in September spending; checks see rare increase

October 14, 2014

Total dollar volume was up year-over-year, but month-to-month growth slowed slightly as consumers took a breather between back-to-school and Halloween spending.

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More UK banks join Paym

October 14, 2014

Clydesdale Bank, Isle of Man Bank, NatWest, Royal Bank of Scotland, Ulster Bank and Yorkshire Bank are among the new banks that will offer Paym this year.

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