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Banks, billers, merchants see benefits in open banking, real-time payments

June 22, 2018

Eighty-six percent of banks, 82 percent of billing organizations and 78 percent of merchants expect to see improvements in their customer service as a result…

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PayPal gets acquisitive in deals with Simility, Hyperwallet

June 22, 2018

PayPal announced yesterday that it will acquire Simility, a fraud prevention and risk management platform, for $120 million in cash, subject to certain…

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Shake Shack shutters cashless store experiment

June 22, 2018

Shake Shack has decided not to go cashless after testing the idea in a store that had order-and-pay kiosks and no cashiers. However, the fast casual chain…

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Encore Networks, Axis Communications partner on remote surveillance solution

June 21, 2018

Encore Networks, a manufacturer of enterprise and industrial routers, has teamed with network video provider Axis Communications through that company's…

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Study highlights much-discussed, oft-discounted importance of customer experience

June 21, 2018

A survey of 8,000 adults in France, Germany, the U.K. and the U.S. indicated that more than three-quarters (77 percent) of consumers have chosen a product or…

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Adopting Erica: BofA touts 1M users of its mobile virtual assistant

June 20, 2018

Bank of America has announced that Erica, an AI-driven virtual assistant for mobile banking customers, has surpassed 1 million users within just two months of…

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SunTrust lands contract for branch, ATMs at Atlanta airport

June 20, 2018

SunTrust Bank has emerged the easy victor in its bid to provide ATM and branch banking facilities at Hartsfield-Jackson International Airport in Atlanta, the…

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Cash transactions give way to contactless in UK

June 19, 2018

For the first time, consumers in the United Kingdom are paying more often with contactless debit cards than with cash, according to U.K. Finance. 

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Alior Bank to launch pan-European digital bank

June 19, 2018

Poland's Alior Bank plans to build a pan-European digital bank by the end of 2018. Alior made the announcement at the Impact '18 conference on June 14 in…

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Standard Chartered Uganda partners with mobile operator on digital wallet

June 19, 2018

Standard Chartered Bank has partnered with MTN Uganda Ltd., a mobile money provider in Uganda, to launch the Straight2Bank Wallet in the country, according to…

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Burroughs receives SOC II certification

June 18, 2018

Burroughs Inc., a provider of maintenance, support and cash automation solutions to U.S. financial institutions and retailers, has obtained System and…

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Arca hires David Griffin as chief marketing officer

June 18, 2018

Arca, a provider of cash and check automation technology for financial and retail businesses, has hired David Griffin as the brands global chief marketing…

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Philippine microfinance bank launches cardless ATM

June 15, 2018

Microfinance clients of Philippines-based Card Bank can now complete ATM withdrawals without their bankcard, following the launch this month of a cardless cash…

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What's driving trends in branch transformation? Take the survey

June 15, 2018

ATM Marketplace is currently conducting a survey examining causes of disruption to the traditional branch model, and changes in the self-service channel and…

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Canada weighs going postal with basic banking services

June 15, 2018

A new research report commissioned by the Canadian Union of Postal Workers, It's Time for a Postal Bank for Everyone, explains how Canadians could benefit from…

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Sharenet, Walgreens extend ATM partnership in Puerto Rico

June 15, 2018

Jacksonville, Florida-based ATM operator Sharenet LLC has extended its long-term ATM services agreement with Walgreens in Puerto Rico, the island's largest…

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National Bank of Greece migrates debit card portfolio, services to Way4 platform

June 15, 2018

National Bank of Greece has migrated its debit card portfolio to the Way4 card management system by digital payments software provider OpenWay.

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ThetaRay receives next-gen ATM security award

June 14, 2018

ThetaRay, a provider of big data analytics solutions, has won the 2018 ATM Industry Association Global Award for Next-Generation ATM Security. The company was…

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CU members take control of card security with Fiserv app

June 14, 2018

VyStar Credit Union, the 17th largest CU in the U.S. ranked by assets, has become the first Fiserv Inc. client to implement an enhanced mobile banking platform…

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Cash, cards and contactless: Survey examines unattended payment preferences

June 14, 2018

Seventy percent of consumers want unattended terminals to accept both card and cash payments, and a significant number are willing to transact at these…

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