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Study examines e-payments outlook in South America

May 29, 2014

In 2013, approximately 170 million un- or underbanked adults lived in South America, providing ample incentive for banks there to support financial inclusion…

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Mobile RDC catches on in Canada

May 28, 2014

Canadians have deposited more than 1 million checks via mobile phone since the Canadian Payments Association approved a rule last year allowing mobile remote…

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EAST inaugurates expert group on ATM physical attacks

May 28, 2014

The European ATM Security Team has launched its new Expert Group on ATM Physical Attacks. The group will focus on regional and global trends, methodologies and…

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Zambian bank gradually grows its ATM fleet

May 27, 2014

Of 21 commercial banks in Zambia, only 16 have any ATM presence at all in the country. Cavmont Bank is one of these, and it has just installed its 20th ATM…

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Visa, MasterCard mull costs of making nice with Russia

May 27, 2014

A six-week deadline looms for two payments giants. They have until July 1 to decide whether to: a) accede to a new Russian law that would cost them hundreds of…

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NCR, SunTrust slapped with ATM patent suit

May 27, 2014

San Diego, Calif.-based Capital Security Systems Inc. filed a lawsuit on Monday in federal court claiming that NCR Corp. and SunTrust Banks are using patented…

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US State Department issues ATM warning for World Cup tourists

May 27, 2014

Finding a machine that will accept their card might not be the worst part of the ATM adventure for World Cup fans visiting Brazil next month. They could also…

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Pakistani bank deploys low-energy ATMs to achieve higher uptime

May 26, 2014

In order to ensure continuous ATM availability and maximum customer convenience, Pakistan’s Meezan Bank will become the first FI in the country to deploy ATMs…

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Scotland to roll out polymer banknotes in March 2015

May 26, 2014

The Bank of England doesn’t plan to issue plastic banknotes until 2016. Not so Scotland’s Clydesdale Bank, which has announced that it will issue two million…

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Turkish bank deploys cash-recycling ATMs to serve small business customers

May 26, 2014

Finansbank, the fifth largest private bank in Turkey, caters to small businesses at its 673 branches across the region. So when it came to refreshing its fleet…

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Europol operation crushes Bulgarian ATM skimming network

May 26, 2014

Bulgarian and French authorities this week brought down a “significant” Bulgarian organized crime network suspected of electronic payment and document fraud…

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House reviews bills calling for CPFB accountability and transparency

May 23, 2014

The accountability and transparency — or lack thereof — within the Consumer Financial Protection Bureau has been the subject of growing concern among…

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Africa to get first Bitcoin ATM this month

May 23, 2014

This week, South Africa’s Za Bitcoin ATM announced that it will install the continent’s first Bitcoin ATM sometime toward the end of May.

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Indian engineering students develop ATM security tool

May 23, 2014

Four students of electronics and communication engineering at India’s MS Ramaiah Institute of Technology have created an ATM security system that can detect…

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Euronet finalizes purchase of HiFX

May 23, 2014

Electronic payments provider and distributor Euronet Worldwide Inc. has announced the completion of its acquisition of U.K.-based HiFX for approximately 14…

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Study: 1 in 5 handsets will have a mobile wallet by 2018

May 23, 2014

Twenty percent of mobile phones will have mobile wallet capability by 2018, new a new report from Juniper Research says. This compares to less than 10 percent…

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India's Muthoot Finance OK'd for ambitious ATM deployment plan

May 23, 2014

New Delhi-based Muthoot Finance Ltd, India’s largest gold financing company, has been given the green light by the Foreign Investment Promotion Board to…

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States step up patent troll reform as Congress steps back

May 23, 2014

It’s fortunate that states are taking action to protect businesses from spurious demands by patent trolls, since it appears nothing will be happening soon on…

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NCR, SunTrust slapped with ATM patent infringement suit

May 22, 2014

San Diego, Calif.-based Capital Security Systems Inc. filed a lawsuit on Monday in federal court claiming that NCR Corp. and SunTrust Banks are using patented…

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Pakistani bank deploys low-energy ATMs to achieve higher uptime

May 22, 2014

In order to ensure continuous ATM availability and maximum customer convenience, Pakistan’s Meezan Bank will become the first FI in the country to deploy ATMs…

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