News
Consumers keen on digital payments, TSYS study finds
April 5, 2018
Emerging payment options are gaining widespread acceptance with consumers across age groups, especially those in the 25–34 age demographic, according to the…
read nowBankcard data of Sears, Kmart, Delta customers possibly stolen
April 5, 2018
Another day, another data breach to report. Three, actually. The card data of Sears, Kmart and Delta Air Lines customers may have been compromised in a…
read nowConsumers using mobile wallet to total 2.1B in 2019
April 5, 2018
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30 percent from 1.6 billion recorded at the…
read nowElavon announces Atlanta expansion
April 5, 2018
Elavon, the end-to-end payments subsidiary of U.S. Bancorp, is expanding its presence in Atlanta, with a plan to hire approximately 180 new employees during…
read nowAccenture data analytics utility aims to help small, medium-size FIs manage risk
April 3, 2018
A new cloud-based data analytics utility from Accenture promises to help U.S. banks perform risk-management and other activities more efficiently and…
read nowBitcoin ATM entrepreneur doesn't own bitcoin, but says it's a good time to buy some
April 3, 2018
An enterprising economics major at University of California Santa Barbara has set up Santa Barbara County's first bitcoin ATM at a deli in the surrounding…
read nowGang busted on charges of bank fraud, ATM money laundering
April 3, 2018
A two-year-long cyberfraud investigation in Europe has culminated with the arrest of 20 suspects in a series of coordinated raids, according to a Europol press…
read nowMobile payments to rack up 34 percent CAGR through 2023
April 3, 2018
Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to…
read nowUpscale stores socked with 2nd card data breach in 1 year
April 3, 2018
Toronto-based Hudson's Bay Company announced on Sunday that it had become aware of a data security issue involving customer payment card data at certain Saks…
read nowTaiwan's postal bank takes high-tech action to secure ATMs
March 30, 2018
Chunghwa Post, Taiwan's postal service and savings bank, is increasing the security of its ATMs around the country.
read nowBrazil caps debit interchange, considers cap for credit
March 30, 2018
Brazil has announced a cap on debit card fees paid by merchants to card issuers, cutting the revenue banks collect for transactions by as much as 40 percent.
read nowCiti aims for nationwide reach with digital banking network
March 30, 2018
After hinting at the possibility in a recent earnings call, Citi has now made it official: The FI will launch comprehensive, new mobile capabilities on the…
read nowPSCU to provide card processing, ATM driving for Florida CU
March 30, 2018
PSCU, a credit union service organization, has announced that one of its founding credit unions, Dunedin, Florida-based Achieva Credit Union, has rejoined the…
read nowFTR Solutions offers free ATM Fraud Prevention Framework
March 30, 2018
FTR Solutions has announced its release of the ATM Fraud Prevention Framework.
read nowMint mobile wallet extends ATM, banking services to unbanked in UAE
March 29, 2018
The Mint Corp., a Toronto-based payments company with its primary business in Dubai, has announced that its majority-owned subsidiary Mint Middle East LLC has…
read now4 in 10 US millennials find paying with cash 'inconvenient,' study finds
March 29, 2018
New research from Capital One suggests that cash use is on the wane in America.
read nowIndia alleges 'irregularities' in tax reporting by banks, ATM providers
March 29, 2018
The Economic Times of India has reported that the government's revenue department intelligence unit is investigating alleged collusion between certain banks…
read now8 in 10 Canadians choose cards over cash for payments
March 29, 2018
Like their American counterparts, Canadians are becoming card-first buyers, with nearly 8 in 10 (79 percent) going to that payment method first when making a…
read nowA2iA RDC solution captures deals with major FIs in Europe, UK
March 29, 2018
A2iA Corp., a Paris-based developer of artificial intelligence and machine-learning based software for data capture, document processing, and payment systems…
read nowAxiom Bank mobile app targets the underbanked
March 27, 2018
Axiom Bank, the second largest community bank in Florida, has launched AxiomGo, an all-digital checkless checking account for consumers who want an alternative…
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