News
Freetouch launches smartphone based contactless solution for touchscreens
August 4, 2020
Freetouch has introduced a patent pending contactless solution that enables anyone with a smartphone to remotely interact with shared touchscreens. The…
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India's West Bengal ATMs running out of cash
August 3, 2020
ATMs in West Bengal, India, are running out of money. The private companies, outsourced by banks, to maintain and fill the ATMs are operating with skeleton…
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DBS tests SingPass, facial recognition for ID verification
August 3, 2020
Singapore-based DBS Bank Ltd. is working with Singapore's Government Technology Agency to begin testing the SingPass face verification technology system which…
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Bank visibility is key in determining branch closings
August 3, 2020
As the aftereffects of the pandemic across the country come to light, bank customers may find branches that were temporarily closed may not reopen depending on…
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Maui to sue Bank of America over broken promise to native Hawaiians
July 31, 2020
Maui County plans to sue Bank of America for allegedly failing to make good on a 1994 promise to make $150 million in home loans to native Hawaiians.
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Yotta helps bank customers save money, win prizes
July 31, 2020
Yotta Savings is a prize-linked savings account program designed to help Americans become more financially secure by bringing an element of fun to saving money.
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Hyosung introduces ATM disinfection upgrades
July 30, 2020
Due to the COVID-19 pandemic public demand for safety and cleanliness is essential. With that in mind, ATM manufacturer, Hyosung America, is introducing…
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Diebold Nixdorf earnings beat Q2 estimates
July 30, 2020
Despite global economic concerns due to the coronavirus pandemic, Diebold Nixdorf reported earnings improved in the second quarter, which was driven by the…
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Deutsche Bank improves carbon footprint, ends fracking
July 28, 2020
Deutsche Bank is taking steps to reducing its carbon footprint and contributions to climate change and will no longer fund oil or new energy projects in the…
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Bay Bank to open first branch on Menominee Reservation
July 28, 2020
Wisconsin-based Bay Bank, which has two branch locations in Wisconsin as well as several ATMs owned by the Oneida Nation, will open a branch on the Menominee…
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Groundbreaking research to be presented at Self-Service Innovation Virtual Summit
July 28, 2020
E.J. Kritz How can self-service meet changing customer needs?
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PayPal-backed Raise Marketplace launches Slide
July 27, 2020
Raise Marketplace, a Chicago-based firm that offers the Raise gift card app, has launched Slide, a new mobile payments app with a 4% rewards feature and an…
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TNS offers retailers EMV compliant connectivity solutions
July 27, 2020
With card schemes on board with the new April 2021 deadline for EMV compliance, convenience retailers can get more out of their automated fuel dispenser…
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UMB targets fintechs for its ‘Banking as a Service'
July 24, 2020
UMB Bank, a subsidiary of UMB Financial Corp. is launching a phased approach to its Banking as a Service program which targets fintechs throughout the U.S.
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Orange launches digital banking in Ivory Coast
July 24, 2020
Orange, a French telecommunications provider, is launching its mobile banking operations on the Ivory Coast, making it the third country after France and Spain…
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Citcon to offer plug-ins connecting merchants with Alipay, WeChat Pay, UnionPay
July 24, 2020
Citcon, a Santa Clara, California-based payments platform that helps merchants accept mobile wallets, will introduce a set of plug-ins built for e-commerce…
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Samsung officially launches co-branded SoFi account
July 23, 2020
Samsung Electronics America Inc. said that U.S. consumers can now officially sign up and join Samsung Money by SoFi, a mobile money management account launched…
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'Superman29’ pleads guilty to laundering millions using bitcoin ATMs
July 23, 2020
Kais Mohammad, aka "Superman29," will plead guilty to federal charges of money laundering, operating an unlicensed money transmitting business and failure to…
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Alipay parent unveils AntChain as new blockchain brand
July 23, 2020
Ant Group, the parent firm of mobile wallet Alipay, has unveiled a new brand identity for its blockchain-based technology called AntChain. The brand will also…
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Senate banking committee approves nominee Shelton for Federal Reserve board
July 22, 2020
Judy Shelton, executive director of the European Bank for Reconstruction and Development, is closer to becoming a member of the Federal Reserve's board of…
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