News
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.
read nowInetco 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…
read nowDiscount 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…
read nowGot 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…
read nowCoinMetro 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…
read nowATMs 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.
read nowRussian 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…
read nowG&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…
read nowMasterCard 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…
read nowUK 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…
read nowFIS 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.
read nowReport 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.
read nowEMV 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…
read nowScottish 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.
read nowApple Pay joins P2P players
December 7, 2017
Now U.S. consumers have yet another P2P payment alternative besides Zelle, Venmo and (as always) cash. On Tuesday, Apple announced in a press release that…
read nowAmex OKs ICC Solutions Contactless Pre-tap test suite
December 7, 2017
ICC Solutions has announced that its ExpressPay Test Suite version 1.5, which supports American Express Contactless Pre-tap, has been qualified by Amex in both…
read nowDiscover rubs out signature requirement for card-present transactions
December 7, 2017
Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in…
read nowAmazon Pay now an option within Alexa skills apps
December 5, 2017
Software developers will soon have the option to add Amazon Pay to their voice apps in the Alexa Skills Store, according to an announcement from Amazon.
read nowTIO Networks breach might have exposed 1.6M consumer records
December 5, 2017
TIO Networks, the bill payment platform acquired this summer by PayPal, has said that a security vulnerability could have exposed the personal information of…
read nowBitcoin ATMs laundering money in London, police say
December 5, 2017
Authorities in London have said that criminals are using the city's bitcoin ATMs to launder the proceeds from drug sales and other illicit activities.
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