News
Wirex, i2C partner on blockchain-based payments card in Asia-Pacific
December 30, 2019
Payments firm Wirex and i2C Inc., a digital banking and payment processing firm, announced a partnership to launch a blockchain-based card for travelers using…
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Facial recognition to grow 12.5% annually through 2024
December 30, 2019
The facial recognition market is expected to grow at a combined annual growth rate of 12.5% for the forecast period 2019 to 2024, according to Mordor…
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Kroger machines temporarily impacted by debit, credit card glitch Christmas Eve
December 26, 2019
At a time when many Americans were hustling to stock up on food for the Christmas holiday, shoppers at Kroger stores in parts of the country experienced a…
read nowVisa, TD Bank partner to ease US-Canadian funds transfer
December 23, 2019
Visa and TD Bank announced an agreement to allow easier transfer of funds between U.S. and Canadian bank accounts using Visa Direct push payments.
read nowNCR acquires store virtualization technology company Zynstra
December 23, 2019
Atlanta-based NCR Corp., a global enterprise technology company for the retail, hospitality and banking industries, announced Monday it is acquiring U.K.-based…
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Worldpay from FIS partners with JCB to enter Japan market
December 23, 2019
Worldpay, the global e-commerce platform of FIS, is partnering with JCB, a Japan credit card issuer and a global payment network. The agreement will enable…
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Wawa convenience stores, gas stations hit by major malware attack
December 20, 2019
Wawa, a widely used convenience store and gas station chain concentrated in the Eastern U.S., said it was hit by a data breach that affected most of its 85…
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Prepaid debit card trailblazer Steve Streit retires as CEO of Green Dot
December 20, 2019
Green Dot, a fintech and provider of prepaid debit cards, announced late Wednesday that founder and CEO Steve Streit will step down from his position on Dec.
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Smartmetric extends battery life of biometric card to 9 years
December 20, 2019
Smartmetric Inc., a manufacturer of biometric, fingertip-based credit cards, said that its biometric credit and debit card — slated for release in early 2020 …
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Rise in contactless debit card payments reducing cash dependence in Malaysia
December 20, 2019
The Malaysian payments market remains cash-reliant. The concerted efforts by the central bank and other stakeholders, however, are set to gradually push the…
read nowDeluxe acquires Fiserv's remittance solutions business
December 19, 2019
Financial services technology company Fiserv Inc. has announced for the second time this month that it is selling another one of its business units. The…
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Dutch banks to close outdoor ATMs at night to combat explosive attacks
December 18, 2019
The Netherlands has had an ongoing problem with gangs blowing up ATMs with volatile explosives that cause extensive collateral damage and put human lives at…
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VyStar moves to FIS for card processing in growth push
December 18, 2019
In a major expansion of their work together, VyStar Credit Union, which is headquartered in Jacksonville, Florida, and is one of the country's largest credit…
read nowProfitStars adds ALM solution to financial performance suite
December 17, 2019
ProfitStars, a division of Jack Henry & Associates Inc., announced Tuesday that it has expanded its financial performance suite to include a cloud-hosted…
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ATMIA expands partnership with ACI Worldwide
December 17, 2019
The ATM Industry Association announced Monday that ACI Worldwide Inc., a provider of real-time electronic payment and banking solutions, has broadened its…
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Travelex opens 5 currency exchange stores in Birmingham Airport
December 17, 2019
International exchange provider Travelex today announced the opening of five currency exchange stores in Birmingham Airport. The openings represent the London…
read nowJuniper Research sees contactless POS devices surge to 161M by 2024
December 17, 2019
The number of contactless point-of-sale devices will more than double to 161 million worldwide by 2024, compared with the existing 78 million in 2019…
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Citi, PayPal enter deal to enable institutional payments directly into mobile wallets
December 16, 2019
Citi and PayPal entered an agreement to enable the bank's institutional clients to be able to make direct payments into PayPal digital wallets.
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60% of Brits use cash for gifts, treats, socializing over Christmas
December 16, 2019
Six in 10 people (59%) across the U.K., who celebrate Christmas are likely to use cash in lieu of a card when purchasing gifts, treats or socializing this…
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As people hoard cash, banks worry they may print too much
December 13, 2019
The world's cash supply is dwindling. Even though banks are issuing plenty of notes, people are taking cash out of the system and stuffing it away in sock…
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