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.

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…

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…

Coinme adds 90 bitcoin-enabled Coinstar kiosk locations in Dallas

December 11, 2019

Coinme, a Bellevue, Washington-based bitcoin ATM startup, today announced its entry into the Dallas-Ft. Worth metropolitan area by adding more than 90 bitcoin…

John Wiehoff joins US Bancorp board of directors

December 11, 2019

U.S. Bancorp's board of directors has elected John Wiehoff as a director of the company, effective Jan. 20, according to a company press release. 

Safe Credit Union extends relationship with Fiserv

December 10, 2019

Fiserv Inc, a provider of financial services technology, announced Monday that Safe Credit Union, headquartered in Folsom, California, and serving the greater…

Fifth Third Bank recovers from system outage Friday

December 9, 2019

Fifth Third Bank spent the weekend recovering from a network outage that caused banking issues on Friday.

US Marshals Service warns of spoofing scam involving bitcoin ATMs

December 9, 2019

The U.S. Marshals Service and the FBI are once again warning the public of an impostor phone scam involving bitcoin ATMs. 

Nets trials facial-recognition payments in Copenhagen

December 9, 2019

Under the tagline "Hungry? Face it," Nets, a Nordic provider of digital payment services, has launched a pilot testing facial recognition as a payment method…

SunTrust, BB&T complete merger to form Truist

December 9, 2019

Truist Financial Corp., the new brand behind SunTrust Banks Inc. and BB&T Corp., announced today that the merger between the two banks was completed as of…

MoneyGram expands Visa Direct service to Spain, Philippines

December 6, 2019

MoneyGram International Inc., a provider of money transfer services, Wednesday announced the expansion of its debit card deposit service internationally to…

Cash payments in Canada declined 40% in 5 years: report

December 6, 2019

Cash payments in Canada declined 40% in volume over the last five years, according to a recent report from Payments Canada, an organization that operates a…

Fiserv selling 60% of investment services unit to private equity firm

December 5, 2019

A group led by New York-based private equity firm Motive Partners has entered an agreement with Fiserv Inc. to buy a majority stake in Fiserv's investment…

Italy's UniCredit to cull 8,000 jobs, shutter 500 branches

December 5, 2019

Italy's largest bank UniCredit plans to cut 8,000 jobs and shutter 500 branches in an attempt to boost profits and shave 1 billion euro ($1.1 billion) in costs…

NYPD on the hunt for gang of ATM thieves

by Amy Castor — Editor, Networld Media Group

December 4, 2019

Police in New York are on the hunt for a trio of ATM thieves, according to a report in the New York Times, which said the suspects struck at least nine times…

Natwest to pilot biometric payments in UK with contactless key fob

December 4, 2019

ABN Amro shuts down hundreds of ATMs due to explosive attacks

by Amy Castor — Editor, Networld Media Group

December 4, 2019

Dutch bank ABN Amro has temporarily shut down and emptied 479 ATMs — more than half of its ATM fleet in the Netherlands — due to a sharp rise in violent ATM…

Planet, Network International partner to launch DCC at 1,000 ATMs in UAE

December 4, 2019

Planet Payment, an international payments service based in Ireland, has partnered with digital commerce provider Network International LLC to roll-out dynamic…

Natwest back online after Black Friday mobile banking disruption

December 2, 2019

Natwest, the U.K.-based bank, was hit with a Black Friday outage that disrupted its mobile app, online banking and Bankline services. 

ATMIA publishes next-gen deployer guide

December 2, 2019

ATMIA today published a "Next Generation ATM Deployer Guide" to help banks and independent ATM deployers get ready for the production of next-gen ATMs, which…