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News

India's central bank extends deadline for EMV card migration

August 27, 2015

The Reserve Bank of India has responded to concerns voiced by the nation's FIs that a September 2015 deadline is impossible to meet.

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TMG completes in-market testing of EMV debit

August 27, 2015

The company has partnered with pilot clients across the US to issue and successfully test EMV debit cards in real-world merchant environments.

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Australian IADs seek to lift lid on ATM withdrawals at gaming clubs

August 26, 2015

A group representing the ATM industry says that 65 percent of the money withdrawn from club ATMs isn't even used for gambling.

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Report: Biometric device shipments for financial industry to total 212M units by 2024

August 26, 2015

Tractica anticipates that finance biometrics hardware and software revenue will increase from $126 million in 2015 to $2.2 billion in 2024.

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Eval 4dev sends EMV Level 2 kernel testing to the cloud

August 25, 2015

Fime says its new solution allows development teams to check their work step by step, reducing the risk of failure in certification testing.

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Brunei bank taps Euronet for ATM-switch changeover

August 25, 2015

The ITM Payment Hub solution allows Brunei-based Perbadanan TAIB to manage a host of transaction functions from a single platform.

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Study: Mobile RDC continues to gain ground with US consumers

August 25, 2015

More than half of all American adults used mobile deposit at least once last year, according to an American Bankers Association survey.

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Central bank forecasts drop in Aussie ATM numbers

August 24, 2015

As Aussies change their spending ways, their ATM visits have declined — and so will the number of cash points across the nation, the Reserve Bank of Australia…

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Chinese FI aims to take ATM cash management savings network-wide

August 24, 2015

After saving 20 percent on cash management costs in a limited pilot, ICBC Zhongshan is rolling out NCR Aptra OptiCash to its entire 600-unit network.

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Rural Wales villagers looking at a long trek to the ATM

August 24, 2015

Villagers in Conwy reportedly will have to make a 30-mile round trip to reach the nearest cash machine after their local HSBC branch closes.

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FIS establishes 'financial inclusion lab' in India

August 24, 2015

The lab's mission is to create and test solutions that will increase financial literacy for India's unbanked millions.

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1,000 bitcoin ATMs going to Greece

August 21, 2015

With strict capital controls in place and trust in the banking system 'long gone,' Greeks are turning to bitcoin as an alternative to fiat currency.

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First Tech, MasterCard pilot puts selfies to the test

August 21, 2015

'Selfie Pay' will test the use of facial recognition and fingerprint ID for online credit and debit card purchases transacted via smartphone.

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New gateway lets Ghanaians pay online with ATM cards

August 21, 2015

Previously, only MasterCard- and Visa-branded payment cards could be used for e-commerce.

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No sunglasses, no hats — and definitely, no balaclavas

August 21, 2015

As South Korea prepares to roll out facial recognition software on ATMs, users of the machines are being advised to be recognizable.

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GCA to rebrand as Everi

August 21, 2015

The company says its new brand will be an important asset as it works to address new opportunities and expand market share.

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Nigeria slashes daily limit for foreign ATM withdrawals

August 20, 2015

Domestic ATM and debit cards are now limited to $300 per day for foreign ATM cash withdrawals, POS transactions and e-commerce purchases.

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ICBA, MoneyPass renew preferred provider agreement

August 20, 2015

MoneyPass offers special discounts and perks to ICBA member banks that join its nationwide network of 24,000 surcharge-free ATMs.

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Thailand licenses China's UnionPay chip card standard

August 20, 2015

The newly signed agreement signals the first move in China's push to export the UnionPay chip card standard.

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Boston-area FI joins ATM cardless cash movement

August 20, 2015

Avidia Bank, a community FI serving suburban Boston, has partnered with FIS to offer QR code-based cardless cash access at its ATMs.

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