ThreatMetrix forecasts a flood of Black Friday cyberfraud

With online purchases poised to exceed those in physical stores this holiday season, Black Friday 2017 could be the busiest day ever for cyberattacks on retailers, according to digital ID provider ThreatMetrix. This week, the company released its Q3 2017...

TSS intros hardware encryption support for mobile wallets

Trusted Security Solutions Inc., developer of the A98 ATM key management system, now supports FIs and card issuers with hardware encryption for mobile wallet applications. TSS provides all of the subsystem components and programming for encryption required by VISA and...

Cordray resignation prompts wide-ranging reactions

After 70 contentious months as the first director of the Consumer Financial Protection Bureau, Richard Cordray announced on Wednesday that he will step down from the post at the end of November. Cordray was appointed head of the bureau by...

10 ways to find funds for digital transformation

According to the 2017 CEO survey by Gartner Inc., 42 percent of CEOs are now taking a digital-first view to business change. Without question, digital business transformation requires significant investment; in a recent press release, the research and advisory firm...

Payrailz aims to help FIs bring simplicity to digital payments

Payrailz, a provider of digital bill payment and money transfer products for banks and credit unions, has officially launched. The Connecticut-based company aims to help financial institutions succeed by offering a smarter, faster and more engaging payment experience that surpasses...

PSCU welcomes 4 FIs back to the fold for ATM, card processing services

PSCU has announced that four credit unions have returned to the credit union service organization as member-owners. The four have signed agreements with PSCU for a variety of services: Mission Federal Credit Union, San Diego — in-house credit, debit and ATM services.

Cashless payment just the ticket for global public transit, Visa says

Visa has announced plans to take a sizable bite out of cash with Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit and prepaid accounts at the turnstile or on the bus. According to...

Miami bitcoin ATM operator goes bicoastal

Bitstop, a Miami-based Bitcoin ATM company, has expanded to California with nine new bitcoin ATMs in the Golden State. The company has added five more locations in its home state of Florida, as well, a press release said. The California...

Aussie providers strike Android Pay deal

Australia's domestic debit payments network, eftpos, has announced that approximately 2 million cardholders from financial institutions ANZ and Cuscal can now use Android Pay to make payments with their compatible devices, according to a press release. ANZ and eight Cuscal-sponsored...

Co-op upgrades ATM terminal driving software

Co-op Financial Services is performing ATM terminal driving upgrades intended to strengthen security, simplify navigation and enable new transactions. According to a press release, Co-op is the first credit union payments processor to support Diebold Vista 5.1 or higher ATMs....

Zenmonics, Celeriti integration accelerates digital transformation for FIs

Zenmonics, a provider of software that supports all channels in a financial institution on a single platform, has formed a strategic relationship with CeleritiFinTech, a banking software and services company. The partnership integrates the channelUnited platform from Zenmonics with the...

US Bank app implements location services for purchase verification

U.S. Bank has added location services to its mobile banking app, allowing Visa credit and debit card customers to use their phone's location to help verify that their mobile devices and credit or debit card are in the same location. By using the mobile device's location in the authorization decision, U.S.

GMV, AGS strategic partnership brings Checker ATM security to India

Madrid, Spain-based GMV, provider of Checker ATM security software, and AGS Transact Technologies Ltd., an Indian provider of end-to-end payment solutions, have entered into a strategic partnership. According to a press release, GMV will leverage the strong industry presence of...

Energy drink company develops thirst for bitcoin ATMs

DNA Brands Inc., an energy drink company making the transition to blockchain technology provider and incubator, has closed a deal with Bitcoindepot.com to place Bitcoin ATMs across the country. According to a press release, the machines perform bitcoin purchase and...

EAST publishes 3rd ATM crime report for 2017

The European Association for Secure Transactions has published its third European Fraud Update for 2017, based on country crime updates provided by representatives of 15 countries in the Single Euro Payments Area, and five non-SEPA countries. Payment fraud was reported...

Survey seeks ATM industry members' input on security

The ATM Industry Association is asking all industry members worldwide to share their experience, opinions and advice regarding ATM security by participating in the ATMIA 2017 Security and Fraud Survey. This brief annual questionnaire seeks participants' input on both physical...

NCR announces US pension de-risking move

Under an agreement with Principal Life Insurance Co., a Principal company, NCR Corp. will purchase a single premium group annuity contract to secure approximately $190 million of benefits for approximately 6,000 former employees or their related beneficiaries whose monthly pension...

Maestro, Electron give way to MasterCard, Visa in Europe

Bankcard issuers in Europe are upgrading cards from Maestro and Electron — particularly debit cards — to MasterCard and Visa, taking advantage of the wider acceptance the latter brands now enjoy worldwide, according to the RBR report, Global Payment Cards...

FIs have 4 options for a digital future, not all of them good

It turns out that generational stereotypes are just that — stereotypes — when it comes to consumer expectations about mobile-only financial services. Boomers, X-ers and millennials all expect the same things: trust; transparency; and time-saving, according to a new report...

ATM growth slows in China, India, picks up in new markets

The number of ATMs worldwide reached a record 3.3 million in 2016, however, the rate of expansion slowed to 3 percent, down from 5 percent in 2015, according to the RBR report, Global ATM Market and Forecasts to 2022. The...

Showing (1 - 20) of 16283

Get the latest news & insights


NEWS

RESOURCES

TRENDING

FEATURES