News
Western Union, Bharti Airtel partner on real-time bank transfers to India, African mobile wallets
January 22, 2020
Western Union has teamed up with Bharti Airtel Ltd. to allow customers to send real-time payments directly to bank accounts in India as well as real-time…
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ACH payments increase during Q4, led by surge in same-day transactions
January 22, 2020
The ACH Network, a nonprofit that facilitates check-by-phone transactions, reported that volume grew 8.1% during the fourth quarter to 6.4 billion payments…
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Pulse names EVP of product management
January 22, 2020
Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management.
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Vodafone pulls out of Facebook-backed Libra Association to focus on M-Pesa
January 22, 2020
Vodafone Group, a U.K.-based telecommunications conglomerate, became the latest company to pull out of Libra, the Facebook backed digital currency project.
read nowCentral banks form group to explore digital currencies
January 21, 2020
A group of central banks, including the Bank of Canada, Bank of Japan, Bank of England, the European Central Bank, the Sveriges Riksbank and the Swiss National…
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Temenos launches SaaS banking service in US to speed digital transformation
January 21, 2020
Temenos AG, a Geneva-based banking software company, announced the launch of its banking-as-a-service platform in the U.S., which it says can help launch a…
read nowTokenized mobile payment revenue to reach $17B
January 20, 2020
Annual revenue from tokenized mobile payments will more than double from $17 billion in 2019 to $40 billion by 2024, according to a new report from Juniper…
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Amazon exploring palm biometric technology for retail checkout
January 20, 2020
Amazon is working on new checkout terminals that would allow shoppers to make payments using biometric data found on their palm prints rather than having to…
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Tink raises $99.8M to grow open banking platform and jump start Europe expansion
January 20, 2020
Tink said it raised $99.8 million (90 million euros) in its largest-ever funding round, led by Dawn Capital, HMI Capital and Insight Partners, and will use the…
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Mastercard kicks off massive climate change effort with Citi, IHS Markit, others
January 17, 2020
Mastercard has launched the Priceless Planet Coalition, a massive effort to combat climate change that will involve a five-year commitment to plant more than…
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Loomis to buy Swedish cash-handling firm Nokas Vardehantering
January 17, 2020
Loomis AB, through its wholly owned subsidiary, Loomis Sverige AB, is buying cash-handling firm Nokas Vardehantering AB, subsidiary of Norway's Nokas…
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Canadian fintech Mogo launches digital rewards account with carbon offset
January 17, 2020
Mogo Inc., a Vancouver, Canada-based fintech, has launched the MogoSpend digital spending account, a no-fee mobile app that offers customers a prepaid Visa…
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Travelex CEO issues video apology after cyber attack, says some systems back online
January 17, 2020
Travelex CEO Tony D'Souza issued a video apology to customers and announced an initial recovery from a New Year's Eve ransomware attack, saying that the first…
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Automated deposit use to surge in global ATM deployment by 2024
January 16, 2020
More than half of the world's ATMs will offer automated deposit terminals by 2024 as banks invest more in self-service and provide additional options for…
read nowKAL and Ceska launch first Windows 10 ATM on Linux Hypervisor
January 15, 2020
KAL ATM Software and Ceska sporitelna announced the launch of the first ATM running Windows 10 on a Linux Hypervisor.
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Raisin acquires Choice Financial to let US banks offer customized savings accounts
January 15, 2020
Raisin, a Berlin-based wealth management platform, agreed to buy Choice Financial Solutions, a software firm that will allow American banks and credit unions…
read nowGenmega Inc. introduces new features to universal kiosk
January 15, 2020
Genmega Inc., a kiosk and ATM manufacturer, has introduced its new and improved Universal Kiosk 2, with plans to ship in spring 2020, according to a…
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Persistent Systems, Gojoko team with AWS on community bank, credit union platform
January 15, 2020
India's Persistent Systems Ltd. and U.K.-based Gojoko Marketing Ltd. have created a digital lending platform to help community banks and credit unions rapidly…
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Temenos launches cloud-based banking distribution services
January 14, 2020
Temenos, a Switzerland-based banking software developer, announced the launch of Temenos Infinity Distribution Services, a suite of cloud-based banking…
read nowBBVA and Nok Nok to implement FIDO security standard for mobile banking customers
January 14, 2020
BBVA and Nok Nok Labs, a firm that helped develop the Fast Identity Online standard, are partner ing to strengthen mobile banking security using biometric…
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