News
Consumers 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…
read nowPAI, GivePay to roll out digital gift card platform at ATMs nationwide
November 29, 2018
ATM provider Payment Alliance International has signed a master agreement with GivePay Commerce, provider of a digital gift card platform for ATMs and kiosks…
read now7-Eleven to accept WeChat Pay, Alipay in Toronto, Vancouver
November 28, 2018
7-Eleven Inc. is partnering with cross-border payment firm Citcon to enable the Chinese mobile payment platforms WeChat Pay and Alipay at 35 Canadian locations…
read nowFirst Data to adopt latest nexo standards specifications
November 28, 2018
Nexo standards, an association dedicated to delivering fast, interoperable and borderless card payment acceptance, has announced that First Data will integrate…
read nowGens Y and Z expected to outdo other demos in holiday spending
November 28, 2018
Nearly three-quarters of consumers expect to spend the same or more this holiday season as they did in 2017, however, younger shoppers will likely outspend…
read nowChristmas comes early for Houston ATM users
November 27, 2018
Bankcard holders who used a Bank of America ATM in the Houston area will get to keep the extra money accidentally dispensed to them by the machine, according…
read nowAmazon Pay seeks foothold in brick-and-mortar marketplace
November 27, 2018
Amazon is making a push to get its Amazon Pay digital wallet into restaurants, gas stations and other merchants that it doesn’t directly compete against…
read nowFirst Data dashboard provides real-time holiday spending insights
November 27, 2018
First Data, a provider of commerce enabling technology, has launched SpendTrend Holiday Insights, a real-time spending dashboard.
read nowEmerico unveils R35 self-service robot for banking environments
November 27, 2018
Emerico, a U.S.-based provider of banking and retail technology, has unveiled its R35 self-service robot. The R35 is the latest addition to a line of Emerico…
read nowParamount Management Group, Actors FCU roll out digital ATM toppers
November 19, 2018
Paramount Management Group has inked a long-term agreement with Actors Federal Credit Union to deploy Paramount's digital media solutions at approximately 25…
read nowFime receives Mastercard accreditation for bio-authentication testing services
November 19, 2018
Fime has received accreditation from Mastercard to deliver biometric authentication testing services for fingerprint, in line with the network's guidelines for…
read nowUAE bank achieves rate of 92 percent for transaction automation
November 19, 2018
Mashreq Bank, the oldest financial institution in the United Arab Emirates, has announced that it intends to make use of digital technologies in every possible…
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