Prepaid card use picks up in August, First Data reports

September 15, 2014

Vacations and back-to-school purchases spurred year-over-year growth of 6 percent in prepaid card use.

Police in India say ATM security is still lacking

September 15, 2014

Ten months after a woman was nearly killed by a machete-wielding assailant in Bangalore, many ATMs still lack CCTV cameras and able-bodied watchmen.

Study: Financial services firms fail to act aggressively against cyberthreats

September 15, 2014

Cyberattacks against financial services providers are on the rise, but many firms' response is disproportionately weak in comparison with the threat level.

Registration open for Middle East ATMs 2014

September 15, 2014

Reduced rates are available to delegates who take advantage of early bird registration. Discounted rates are also available for banks, first-time attendees and…

India's ICICI Bank adds cardless cash withdrawal capability

September 12, 2014

The FI's customers can now send money to anyone in the country, even if the recipient doesn't have a bank account.

In the US, it's a slow road to faster payments

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Based on its Faster Payments study, the Fed seems to be driving toward an overhaul of the US payments system, but stakeholders prefer a more incremental…

Bank of England addresses digital currencies

September 11, 2014

Institution does not believe Bitcoin poses a risk to financial stability in the UK.

Mercator announces free Viewpoint paper addressing Apple Pay, implications

September 11, 2014

'A Sleeping Giant Awakes: How Apple Pay Works and What it Means for Payments?' explains Apple Pay and explores what it means for the payments value chain.

South Carolina FCU, Fiserv forge new 10-year agreement

September 11, 2014

SCFCU will re-up its contract for the Spectrum account processing platform and add a host of other integrated solutions.

EMF to host EMV terminal training workshop for industry groups

September 11, 2014

The one-day event will provide a comprehensive review of chip technology, as well as focused sessions on development and best practices for implementation.

CSI supports tokenization for mobile payment security

September 11, 2014

Tokenization allows CSI customers to participate fully with leading mobile wallet providers, including the recently announced Apple Pay service.

Apple at the ATM: Will Apple Pay change the conversation about contactless cash transactions?

by Will Hernandez — Editor, NetWorld Media Group

It doesn't seem too over-the-top to assume that the world's favorite smartphone ultimately will gain some foothold in the ATM world, so it's probably a good…

FIs see mounting ATM fraud following Home Depot data breach

September 10, 2014

The retailer says that no PIN data was stolen in the breach. However criminals have found other ways to solve the problem of missing PINs.

Most Americans pay little or nothing in ATM, account maintenance fees

September 10, 2014

Annual ABA survey shows that 'consumers are in control' and have become adept at avoiding bank fees.

RBCG, Evo Payments, EVRY introduce first white label ATM services in Europe

September 9, 2014

The three partners are offering Europe's first white label ATM package, targeting retailers, hoteliers and travel centers.

Cummins Allison adds auto deposit option for full-function ATMs

September 9, 2014

The single-slot device accepts up to 100 bills or 50 checks, and features a graphical interface that leads the user through the deposit process.

Cambridge Mercantile, PNC Bank partner with Fiserv WireXchange

September 9, 2014

The browser-based solution integrates with Fiserv processing platforms and automates the wire transfer process.

Nets Group steps over to Tango for ATM driving

September 9, 2014

The Lusis Payments solution is now driving the Nets ATM estate of approximately 700 withdrawal and deposit ATMs.

Apple unveils Apple Pay mobile wallet at iPhone launch event

by James Bickers — Editor, Networld Alliance

September 9, 2014

Apple Pay, which is set to launch in the U.S. in October, uses a secure element in the phone to store card information. It eliminates the need for a mag…

For the self-service branch, the future is now

The continuing recognition of the importance of the branch is reflected by the willingness of financial institutions across the world to invest at record…