News
Wawa confirms hacked payment data has gone on sale on dark web
January 30, 2020
Wawa Inc., a convenience store and gas station chain that was hacked in December, has acknowledged reports that criminals have put stolen card data up for sale…
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Zelle transactions, payment volume surge on holiday spending
January 29, 2020
Early Warning Services, parent of the Zelle Network, reported strong fourth-quarter spending surged on the P2P service, driven by increased gift money giving…
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NatWest, G4S launch Intellgent Vault to enhance cash management for business
January 29, 2020
NatWest launched an Intelligent Safe, under a partnership with G4S, which allows business to get a daily credit for their cash deposits, however without the…
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N26 reaches 250,000 customers in US since 2019 debut
January 28, 2020
N26 Inc., a U.S. unit of German challenger bank N26 GmbH, has grown to 250,000 customers since launching in August 2019.
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Skrill launches prepaid Visa card with Community Federal Savings Bank
January 27, 2020
Skrill USA Inc. unveiled the Skrill Visa Prepaid Card, issued by New York-based Community Federal Savings Bank, which allows customers of the Skrill digital…
read nowIndia's ICICI bank unveils cardless ATM transactions using mobile app
January 24, 2020
India's ICICI Bank rolled out Cardless cash withdrawals, that allows customers make ATM withdrawals using their IMobile banking app, with no need to use a…
read nowJapanese lawmakers to propose digital currency
January 24, 2020
Japanese lawmakers are mulling over a plan to launch a digital version of the yen, amid concerns over China's plans for a digital yuan and the impact of…
read nowPersistent Systems, Validsoft develop voice biometrics for banks, credit unions
January 24, 2020
Persistent Systems and Validsoft have developed a secure voice authentication for banks and credit unions.
read nowThe Clearing House raises real-time payments maximum to $100,000
January 23, 2020
The Clearing House is quadrupling the maximum limit on the RTP network to $100,000. The increase, which starts Feb. 1, is due to increased participation and…
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Mastercard opens cyber research center in Vancouver
January 23, 2020
Mastercard has opened a Global Intelligence and Cyber Centre in Vancouver, Canada, allowing it to research digital and cyber security, artificial intelligence…
read nowWestern 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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