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RBS to shutter one-quarter of remaining UK branches

December 15, 2017

The Royal Bank of Scotland has announced plans to close 259 branches — a 25 percent network reduction for a financial institution that has already downsized…

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ATM cash withdrawal volume grows 6 percent in 2016

December 15, 2017

In 2016, the number of cash withdrawals at ATMs worldwide was 107 billion, a 6 percent increase over 2015.

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American consumers getting behind bio ID idea

December 15, 2017

A new Visa survey of 1,000 Americans confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier and…

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Mattes out at Diebold Nixdorf, search is on for new CEO

December 14, 2017

Diebold Nixdorf announced this morning that Andreas W. Mattes has stepped down from his position as president and CEO of the company four-and-a-half years…

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Cardtronics UK says Link fee cut would force ATM fleet reductions, surcharges

December 14, 2017

If the U.K.'s Link ATM network proceeds with a plan to reduce fees paid by banks for off-us transactions, the nation's largest ATM provider, Cardtronics U.K.…

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AmEx scraps signatures, leaves Visa as sole holdout

December 14, 2017

American Express has said that starting in April it will no longer require a cardholder signature for transactions at the point of sale anywhere in the world.

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Payment card use outpaces issuance as acceptance grows

December 14, 2017

The number of card payments worldwide increased 14 percent in 2016, to 310 billion, though card numbers grew at a significantly slower rate of 8 percent.

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Inetco intros centralized switch monitoring for application performance

December 14, 2017

Inetco Systems Ltd., a provider of real-time transaction monitoring and analytics software for financial institutions, independent ATM deployers and payment…

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Discount for Cash program a win for consumers, merchants, IADs

December 12, 2017

FlatRatePay, a division of GivePay Commerce, has introduced Discount for Cash, a merchant processing program that eliminates credit card fees paid by the…

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Got a Garmin? Get cardless ATM cash via Visa

December 12, 2017

Technology provider Garmin International Inc. and NXT-ID Inc. subsidiary Fit Pay, have announced that Garmin Pay contactless payment is now available for…

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CoinMetro Exchange enables ATM cash-out for cryptocurrency

December 12, 2017

CoinMetro, a cryptocurrency trading platform, has announced the release of CoinMetro Exchange. According to a company press release, the solution will simplify…

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ATMs in China's 'Toilet Revolution' give new meaning to 'flush with cash'

December 12, 2017

Visiting China soon? If so, here's a tourist tip: If you need cash, head to a public toilet, where you can make an ATM withdrawal and (ahem) a deposit.

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Russian hackers quietly drain $10M from ATMs

December 12, 2017

Russian security firm Group-IB has said that a series of long-unnoticed attacks on interbank transfer systems and ATMs has resulted in losses of nearly $1…

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G&D banknote processor offers high speed in a small package

December 8, 2017

G&D Currency Technology has expanded its portfolio of banknote processing systems with the new BPS C2, recipient of the German Design Award 2018 for…

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MasterCard Cash Pick-Up picks up partner FI

December 8, 2017

Cross River Bank, a New Jersey-based financial institution, has launched MasterCard Cash Pick-Up. Cash Pick-Up allows banks and their disburser partners to…

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UK banks drop the ball in digital onboarding of customers

December 8, 2017

Traditional banks in the U.K. are losing ground to challenger banks when it comes to digital banking services, according to the new report, UK Bank Accounts: A…

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FIS helps Fifth Third accelerate timeline to real-time payments

December 8, 2017

Fifth Third Bank has tapped payment technology provider FIS to enable real-time payments through The Clearing House RTP, a real-time payments system.

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Report correlates mobile banking features, customer favor

December 8, 2017

Malauzai Software, a provider of mobile and internet banking apps for community financial institutions, has released its December Monkey Insights report.

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EMV transactions near 60 percent globally, lifted by US adoption

December 7, 2017

In the 12 months leading up to June 2017, 59.9 percent of card-present transactions globally used EMV technology, an increase from 42.4 percent in the previous…

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Scottish ATM dispenses good karma

December 7, 2017

One good turn deserves another, they say. But rarely is a second turn as good as the one that befell Colin Banks, a builder living in Motherwell, Scotland.

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