Credit card use on the rise among young adults, study finds

December 9, 2016

Nearly two-thirds (63 percent) of U.S. consumers now own general purpose network-branded credit cards, up from 61 percent in 2015, according to "U.S. Consumers…

Casino stocks plunge, rebound following Chinese gov't limits on ATM withdrawals

December 9, 2016

Casino stocks around the world were rocked yesterday by news that mainland China had imposed ATM withdrawal limits on China Union Pay cardholders seeking cash…

First Data's Clover devices arrive in the UK

December 9, 2016

First Data has announced the expansion of its Clover platform with the official launch of Clover Mini and Clover Mobile in the U.K., according to a press…

PAI, Sionic Mobile partner on ATM-based iBeacon rewards program

December 8, 2016

Sionic Mobile, a cloud-based mobile commerce company, and Payment Alliance International, a provider of electronic payment processing solutions, have formed a…

Cash still king with mass transit riders

December 8, 2016

Cash is the prevalent method of payment for mass transit riders across the U.S. and is viewed as the most secure payment method, as well, according to new data…

Cleveland mulls measures to curb ATM ram raids

December 8, 2016

The Cleveland City Council is trying to figure out how to put an end to "a rash of ATM smash-and-grabs that have been taking place all over the city,…

Discover joins MasterCard, Visa in extending EMV deadline for fuel pumps

December 8, 2016

Discover Global Network, which includes Discover Network, Pulse and Diners Club International, has joined MasterCard and Visa in extending the U.S. EMV fraud…

Report benchmarks mobile banking trends

December 8, 2016

FI Navigator and Celent have released "Mobile Banking Quantified: Comprehensive Benchmarks for US Vendors & Institutions," an analysis of mobile banking…

Coinsource adds 11 bitcoin ATMs in Texas, operates 67 units in 8 states

December 8, 2016

Coinsource, a national bitcoin ATM network, has launched 11 new machines across Texas, making it the fastest growing market for Coinsource ATMs in Q4 and now…

Post-demonitization cash crunch drags on to dismay of average Indians

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

December 5, 2016

A CNBC commentator observed that 'rich businessmen whose dubious financial engineering skills partly prompted the government to take this step were conspicuous…

CPI fails to invalidate Gemalto EMV chip card patent claims

December 5, 2016

The U.S. Patent and Trademark Office has denied CPI challenges to the validity of several claims of U.S. Patent No. 5,944,833, which is owned by Gemalto and…

Mobile.up promises fast, flexible, easy banking app development for FIs

December 5, 2016

W.up is debuting Mobile.up, a mobile banking product designed to allow the rapid development of native mobile banking applications.

ABA advisory outlines cyberthreats targeting payments players

December 5, 2016

A new advisory from the American Bankers Association offers information and recommendations to help merchants, payments processors and others…

DirectCash shareholders approve sale to Cardtronics

December 5, 2016

DirectCash Payments Inc. shareholders have approved a special resolution for a proposed transaction whereby Cardtronics Holdings Ltd., through 1999162 Alberta…

MasterCard to use AI for fraud detection

December 2, 2016

MasterCard has introduced Decision Intelligence, which the company described in a press release as a comprehensive decisioning and fraud detection service. The…

Card networks bump liability shift date for fuel dispensers, leave ATM deadline unchanged

December 2, 2016

MasterCard and Visa announced on Thursday that they will move their EMV fraud liability shift dates for automated fuel dispensers from October 2017 to October…

Austrian bank to deploy Diebold Nixdorf ATMs with contactless, bill payment technologies

December 1, 2016

Raiffeisen Bank Group, Austria's largest financial institution, will deploy 1,200 new Diebold Nixdorf ATMs equipped with advanced bill payment and contactless…

ITC judge recommends barring import of Hyosung ATMs, components in patent dispute

December 1, 2016

In an initial determination, the administrative law judge for the International Trade Commission has recommended an exclusion order prohibiting the importation…

UK's new fiver offends 'millions'

November 30, 2016

The Bank of England's new five pound note has vegans and vegetarians across the U.K. mad about money. Literally. Outraged.

Barclays to launch trio of solutions for cardless cash at ATMs

November 30, 2016

Barclays is launching the U.K.'s first contactless mobile cash service, allowing customers to withdraw cash with a tap of their Android smartphone or…