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China scrutinizes activity at Hong Kong ATMs after surge in withdrawals

February 2, 2018

When the Chinese territory of Macau implemented facial recognition technology at ATMs to discourage money laundering and the flight of cash from China…

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Diebold Nixdorf, U.S. Bank showcase 'connected commerce' at Super Bowl Live

February 2, 2018

Diebold Nixdorf has partnered with U.S. Bank to showcase the future of banking in advance of Super Bowl LII, which will take place Feb. 4 at U.S. Bank Stadium…

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Study compares payment types, preferences, reasons for use

February 2, 2018

More than three-quarters (78 percent) of young adults age 18–34 use person-to-person payment services such as PayPal, Venmo, Google Wallet and Facebook…

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ATM jackpotting suspects jailed in Houston

February 2, 2018

Authorities have arrested two men and are seeking a third in an attempted ATM jackpotting case in the Houston area.

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Fime to develop next-gen testing and validation scheme in Saudi Arabia

February 2, 2018

Fime, a long-time partner of Alhamrani Universal in the Kingdom of Saudi Arabia, has been selected by mada, the kingdom's domestic payment scheme, to develop a…

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Qwinstar strikes deal with NCR to sell, service legacy iTran check processing units

January 31, 2018

Qwinstar Corp., a check processing equipment and maintenance division of 3 Point Alliance, has struck an agreement with NCR Corp. to take on the responsibility…

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PSCU gains 1st owner-member of 2018

January 31, 2018

San Diego-based California Coast Credit Union, an FI with $2.4 billion in assets and more than 160,000 members, has joined PSCU for in-house credit and debit…

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Digital Power Lending aims to launch crypto ATM network

January 31, 2018

DPW Holdings Inc., a diversified holding company, has announced that its subsidiary, Digital Power Lending LLC, plans to launch a network of cryptocurrency…

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BS/2, Sberbank ink service deal covering more than 1K self-service devices

January 31, 2018

BS/2 Kazakhstan, a subsidiary of Penki Kontinentai Group, a Lithuanian company, has entered an agreement with Sberbank to service the FI's unattended devices…

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Fiserv expands Accel debit network routing options

January 31, 2018

Fiserv Inc. has announced that its Accel debit payments network has expanded routing options for online and in-store transactions. Recent rule changes by the…

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EMV migration survey open to all US ATM operators

January 30, 2018

The ATM Industry Association has launched a new survey to gauge the progress of EMV migration in the U.S. The 2018 survey is the fourth in a series that began…

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Philippine lawmakers ask ATM fraudsters, 'Do ya feel lucky?'

January 30, 2018

"You've gotta ask yourself one question: 'Do I feel lucky?' Well, do ya, punk?"

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Co-op doubles transactions processed to 6.6B in 2017

January 30, 2018

Co-op Financial Services set a record by processing more than 6.6 billion credit, debit, EFT and shared branch transactions on behalf of its credit union…

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US Payments Forum announces EMV updates, resources

January 30, 2018

The U.S. Payments Forum has released its winter 2018 market snapshot, which includes the following updates:

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Zelle P2P network moves $75B in funds during 2017

January 30, 2018

In 2017, the Zelle person-to-person network moved $75 billion in funds across a system that connects several major banks, according to a press release from…

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First Data, SBI Card partnership to support cashless India

January 26, 2018

First Data has expanded its partnership with SBI Card, a leading credit card issuer in India with more than 5.6 million customers.

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Poll: FIs quick to replace customer funds lost to fraud

January 26, 2018

An informal online poll conducted by the European Association for Secure Transactions has revealed that banks are prompt, for the most part, in crediting funds…

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Chase to open 400 branches; Wells to close twice as many

January 26, 2018

JPMorgan Chase has announced that it intends to expand its branch network into new U.S. markets, opening up to 400 new branches over the next five years. These…

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PCI SSC unveils PIN-on-glass security standard

January 26, 2018

The PCI Security Standards Council has issued a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices such as smartphones…

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Cash Connect bulk deposit acceptor delivers speed, efficiency

January 26, 2018

Cash Connect, a Johannesburg, South Africa-based provider of cash management solutions, has introduced a self-service bulk cash deposit machine that accepts…

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