News
Wells Fargo firing regional branch managers linked to fake account scandal
December 7, 2018
A little more than two years after the fake account scandal broke at Wells Fargo, and on top of the firing of approximately 5,300 employees linked to the…
read nowElavon partners with GeorgiaTech incubator program to support fintech innovation
December 7, 2018
Elavon, a global payments provider and subsidiary of U.S. Bancorp, has announced a three-year financial commitment to financial and payments technologies…
read nowDigital channels claim greater share of holiday spending, Co-op data shows
December 7, 2018
Increasingly, credit and debit cardholders are completing their holiday shopping via digital channels and spending more money on experiences, according to a…
read nowBrits download financial apps, but don’t use them
December 7, 2018
The U.K. is the third largest market in Europe for financial apps, increasing their download activity 19 percent since 2017. However, Brits are remarkably…
read nowUK government wants Supreme Court to reinstate retail ATM tax
December 7, 2018
Last month, U.K. merchants celebrated a win in their battle against the government’s policy of taxing ATMs on their premises with an appeals court ruling that…
read nowMetal payment cards preferred over plastic in consumer survey
December 6, 2018
That's according to a recent study by CompoSecure LLC, a provider of premium financial cards. In a survey commissioned by the company, 59 percent of consumers…
read nowAlogent ImagePoint, Fastdoc product suites automate digital workflows for Las Vegas CU
December 6, 2018
Alogent, a provider of end-to-end enterprise payment processing, content management and digital banking solutions, has announced that Las Vegas-based Silver…
read nowFlorida community bank ATM to dispense cash bonuses during downtown event
December 6, 2018
An undetermined number of lucky ATM users at the downtown branch of Sanibel Captiva Community Bank will receive a windfall with their cash withdrawal on…
read nowCard-free ATM cash withdrawal coming soon to India
December 6, 2018
Bankcard holders in India might soon be able to leave that card at home and, instead, withdraw cash from an ATM with their mobile phone.
read nowAmazon to upsize cash-, cashier-free Amazon Go stores
December 4, 2018
E-commerce retailer Amazon, is testing its cashierless and cashless Amazon Go store concept in larger format spaces, according to a report by The Wall Street…
read nowStudy sheds light on account overdraft effects, alternatives for banks, customers
December 4, 2018
Consumers tend to disregard potential consequences when they spend or withdraw from their checking account, due to impulsive spending habits. And because of…
read nowConsumers say they'll increase spending through holidays; 2 in 10 will use cash
December 4, 2018
One-quarter of consumers plan to spend more this holiday season than they did last year. Somewhat surprisingly, younger generations are leading the trend, with…
read nowMobile payments users spend more, more often than consumers using traditional payments
December 4, 2018
Paying for consumer goods with a smartphone affects the overall transaction amount and frequency of purchases, according to new research co-written by a…
read nowAccenture acquires Italian bank tech provider SEC Servizi
December 4, 2018
The Intesa Sanpaolo Group and Accenture have completed the banking group's sale to Accenture of its 80.8 percent interest in SEC Servizi Spa, a company that…
read nowVisa, Mastercard among top 10 most valuable US brands
November 30, 2018
Payment card networks Visa and Mastercard have secured the No. 5 and No. 10 spots, respectively, in the newly released list and report, "Brandz Top 100 most…
read nowNCR inks ATM support agreement with Indian FI PNB
November 30, 2018
NCR Corp. has signed a new managed services agreement with Punjab National Bank. The three-year contract establishes NCR as a key services support provider for…
read nowCo-op announces c-suite additions
November 30, 2018
Co-op Financial Services has appointed new members to its executive leadership team. Bruce Dragt has been named chief product officer, and Cheryl Middleton…
read nowStudy: ATMs, branches in UK headed for extinction by 2041
November 30, 2018
Projections based on year-over-year averages indicate that ATMs and bank branches will disappear from the U.K. in just a little more than 20 years, according…
read nowT-Mobile piloting mobile banking with BankMobile
November 29, 2018
T-Mobile is making another pitch to become a player in the mobile banking business by testing a service called T-Mobile Money, a source familiar with the…
read nowNYC councilman aims to outlaw cash-free eateries
November 29, 2018
A New York City council member seeks to crack down on cashless restaurants, arguing that the increasingly popular business model locks out low-income consumers…
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