US Bank to cull thousands of workers, keep branches

October 22, 2019

U.S. Bancorp is planning to cut thousands of branch workers as it transitions into a digital world, according to a report in Bloomberg. 

Evolve to partner with i2c on suite of credit, debit, prepaid card products

October 21, 2019

Evolve Bank & Trust has entered a partnership with i2c Inc., a provider of digital banking and payments processing technology, in which the companies will…

Irish firm creates digger-proof 'pod' to avert ATM thieves

by Amy Castor — Editor, Networld Media Group

October 21, 2019

Ireland has seen a rash of ATM attacks that involve crooks making off with a digger from a construction site and using it to essentially scoop a nearby ATM out…

Bankmed to deploy Diebold Nixdorf's DN Series ATMs in Lebanon

October 17, 2019

ATM manufacturer Diebold Nixdorf announced today that Bankmed will be the first bank to deploy its new DN Series of ATMs in Lebanon. 

Chime suffers new disruption to mobile app, debit card payments

October 17, 2019

(Update 10:56 a.m. EST Friday Oct. 18th to reflect certain services restored)

JCB partners with Singapore's Socash on mobile app-based cash withdrawals

October 16, 2019

Socash, a Singapore-based fintech, is partnering with payment card issuer JCB to offer cardless cash withdrawals to Japanese tourists across Southeast Asia…

Bitstop deploys bitcoin ATM at Miami International Airport

October 15, 2019

Bitstop has installed a bitcoin ATM at Miami International Airport in concourse G next to gate 16. Customers can use the ATM to buy or sell bitcoin for cash…

Paramount acquires certain assets of New York's CNY ATM

October 15, 2019

Paramount Management Group, an ATM operator based in Lancaster, Pennsylvania, announced that it has acquired certain assets of CNY ATM Inc.  

JD Power Pulse survey reveals consumers still favor cash access

October 14, 2019

Despite a growing trend toward cashless payments, a J.D. Power Pulse survey shows consumers still want flexibility, as 78% of consumers still believe…

Shields teams with Morphis to expand cash handling services

October 14, 2019

Banking services provider Shields Business Solutions on Friday announced a partnership with Morphis Inc., a Dallas-based provider of currency supply chain…

UK: half of all debit card payments now contactless

by Amy Castor — Editor, Networld Media Group

October 14, 2019

According to the latest figures from trade association U.K. Finance, now over half of the debit card payments in the U.K. are contactless. 

ATM operator Paramount promotes two execs

October 14, 2019

ATM operator Paramount Management Group has promoted two executives within the company.

ATM malware, logical attacks see downward trend in Europe

October 10, 2019

ATM malware and logical attacks are on the decline in Europe, according to the latest report by the European Association for Secure Transactions, a non-profit…

Branch launches no-fee checking, debit with Evolve Bank and Mastercard

October 10, 2019

Branch, a app-based fintech that offers workers advanced access to their pay, announced a partnership with Evolve Bank & Trust and Mastercard to offer a…

Facebook's Libra just lost its head of product

by Amy Castor — Editor, Networld Media Group

October 10, 2019

Simon Morris, who was the head of product for the Libra Association, the governing body that would oversee Facebook's proposed crypto, is gone.

Hong Kong banks shut branches, take hundreds of ATMs offline after spate of violence

October 9, 2019

Over the weekend, anti-government protesters in Hong Kong vandalized several bank branches after the government banned face masks in public. 

ACG acquires Red Diamond

October 9, 2019

Atlanta Computer Group Inc. has acquired Red Diamond LLC., a full-service logistics company focusing on ATM, kiosk and related signage. Based out of Upland…

Barclays to no longer allow cash withdrawals at UK Post Offices

October 8, 2019

U.K. lender Barclays is launching a new cashback scheme next year that allows people to withdraw money at small businesses in remote towns. The bank has also…

Techataclick launches app for on-demand ATM services

October 8, 2019

Finding an ATM service person at the moment you need them is not always easy. Techataclick, a new business based in Woodbridge, New Jersey, has come up with a…

Hong Kong ATMs running out of cash, say locals

October 7, 2019

In Hong Kong, protests intensified over the weekend after Hong Kong Chief Executive Carrie Lam's use of emergency powers to ban face masks at public gatherings.