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News

Allpoint Network adds Rite Aid locations

July 11, 2017

Allpoint Network, a wholly owned subsidiary of Cardtronics, has announced the addition of selected Rite Aid Pharmacy locations in the Northeast, Mid-Atlantic…

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G&D Currency Technology acquires provider of coin-, note-counting machines

July 11, 2017

G&D Currency Technology has bought Frankfurt, Germany-based Procoin GmbH, a provider of counting, sorting, and packing machines for coins, and counting…

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PSBank plans mass deactivation of non-EMV cards

July 11, 2017

The Philippine Savings Bank has announced that it will automatically deactivate non-EMV cards on Sept. 1, a highly unusual move by U.S.-based bank standards.

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Evertec acquires Chile-based PayGroup

July 11, 2017

Evertec Inc. a Puerto Rico-based payment processor, has completed the acquisition of EFT Group S.A., commercially known as PayGroup. According to a press…

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Huawei partners with WorldRemit to boost mobile money in Africa

July 11, 2017

Digital money transfer service WorldRemit and Huawei have announced a partnership to make WorldRemit's international money transfer service available to all…

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EAST issues 2nd update on ATM-related crime in 2017

July 7, 2017

EAST has published its second European Fraud Update for 2017, based on country crime updates from representatives of 21 countries in the Single Euro Payments…

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Branch transformation creates 'open and engaging' customer experience

July 7, 2017

NewGround, a St. Louis-based design-build firm, has announced the completed renovation of the Union Savings Bank branch in Bethel, Connecticut.

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LG CNS aims to offload struggling ATM business

July 7, 2017

LG CNS, the IT services arm of LG Corp., is selling its ATM hardware business just shy of five years after acquiring it in January 2013 from LG N-Sys, another…

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Co-op expands shared branch network to 5.5K locations

July 7, 2017

Alaska USA FCU, the largest credit union in Alaska and the 17th largest in the United States, is expanding its participation in Co-op Shared Branching, adding…

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Citi Pay arrives in the US

July 6, 2017

Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November.

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Diebold shares suffer on news of lowered earnings expectations

July 6, 2017

Diebold Nixdorf Inc. shares took a dive on Wednesday on news that the company was making a downward adjustment to its full-year financial outlook for 2017.

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Visa turns to QR codes in Taiwan for mobile payments

July 6, 2017

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports.

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Philippine fraudsters could face life for ATM skimming

July 6, 2017

A Philippine lawmaker has submitted legislation that would send some ATM fraudsters to prison for life.

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ATMIA announces keynote speaker for 2018 US conference

July 6, 2017

The ATM Industry Association has announced that cybersecurity expert Theresa Payton will headline its 2018 conference as keynote speaker.

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Vantiv bids to buy Worldpay for nearly $10B

July 6, 2017

According to multiple media reports, merchant acquirer Vantiv Inc. has agreed to buy U.K.-based processor Worldpay Group PLC for $9.9 billion.

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STEGO products provide frost protection in hazardous areas

July 5, 2017

The STEGO convection heater CREx 020 and compact thermostat REx 011 provide frost protection in hazardous areas, according to a press release.

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Mobile banking gets a big boost from Brits

July 4, 2017

Over the past five years, customer activity on U.K. banks' mobile apps has grown 354 percent. And these apps not only are seeing greater use, but also are…

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Fraud losses could set new record in 2017

July 4, 2017

Card fraud loss trends dipped in 2016, but escalating losses in 2017 hint that it could be a record year for fraud, according to a press release.

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Macau suspends China UnionPay card use at non-KYC ATMs

July 4, 2017

Starting July 4, the Monetary Authority of Macao is requesting that ATMs without Know Your Customer technology suspend cash withdrawal services for mainland…

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Austrian festival's 4K attendees go cashless

July 4, 2017

Six Payment Services, a European cashless payments provider, enabled cashless payment at the recent Fifteen Seconds Festival, according to a press release.

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