Crane Payment acquires currency-handling firm Cummins Allison

February 4, 2020

Crane Payment Innovations, a banknote validation, cashless payments and developer of asset management software, has acquired Cummins Allison, a provider of…

Hitachi Terminal Solutions to assume ATM management for Thai state-owned bank

February 4, 2020

HItachi Terminal Solutions (Thailand) Co. said it received an order for ATM outsourcing from Thailand's state-owned Government Savings Bank in a partnership…

Cardtronics extends ATM partnership with Fifth Third Bank to Carolinas

February 3, 2020

Fifth Third Bank entered a partnership with Cardtronics to rebrand 139 ATMs located in CVS pharmacies and other retailer stores in the Carolinas. 

TD Bank, Cardtronics to rebrand 80 ATMs at Rite Aid stores

February 3, 2020

TD Bank has signed a deal with Cardtronics to rebrand 80 ATMs inside New York Rite Aid stores in the Bronx, Brooklyn and Queens to operate under the bank's…

Remitly launches digital banking service for immigrant communities

February 3, 2020

Remitly, a Seattle-based digital money transfer company, has launched Passbook by Remitly, a mobile banking service designed for immigrant communities, with no…

Bank of Ireland, AIB put non-branch ATMs up for sale

January 31, 2020

Bank of Ireland and AIB Group are exploring the sale of their non-branch ATMs, part of a wider trend in the banking industry to outsource management of ATM…

PayPal acquisitions squeeze earnings outlook

by David Jones — Editor, Networld Media Group

PayPal shares fell Thursday after the company warned that a slew of recent acquisitions would put a slight dent in near-term forecasts. The payments firm has…

UK arrests 3 in probe of Malta's Bank of Valletta cyber attack

January 31, 2020

The National Crime Agency in the U.K. made three arrests in Belfast and London as part of a money-laundering investigation linked to a massive malware attack…

Nationwide Building Society uses contactless smart window to raise funds for homeless

January 31, 2020

Nationwide Building Society in the U.K. has deployed contactless payment technology to help raise money to fight homelessness.

Mobile payments gaining momentum, but Deutsche Bank says don't sleep on cash

by David Jones — Editor, Networld Media Group

A new report from Deutsche Bank says that mobile payment adoption will surge in the next five years, but cash will remain a critical part of many economies. In…

Lloyds Banking Group to shut 56 branches by October 2020

January 30, 2020

Lloyds Banking Group confirmed that it will close 56 bank branches across the U.K., as customer preferences continue to move toward digital banking and reduced…

Australia's Commonwealth Bank invests another $200M in Klarna, launches installment app

January 30, 2020

Commonwealth Bank of Australia has made an additional $200 million in Klarna AB, a fintech that provides installment financing for retail customers. It…

Zelle transactions, payment volume surge on holiday spending

January 29, 2020

Early Warning Services, parent of the Zelle Network, reported strong fourth-quarter spending surged on the P2P service, driven by increased gift money giving…

NatWest, G4S launch Intellgent Vault to enhance cash management for business

January 29, 2020

NatWest launched an Intelligent Safe, under a partnership with G4S, which allows business to get a daily credit for their cash deposits, however without the…

N26 reaches 250,000 customers in US since 2019 debut

January 28, 2020

N26 Inc., a U.S. unit of German challenger bank N26 GmbH, has grown to 250,000 customers since launching in August 2019. 

Skrill launches prepaid Visa card with Community Federal Savings Bank

January 27, 2020

Skrill USA Inc. unveiled the Skrill Visa Prepaid Card, issued by New York-based Community Federal Savings Bank, which allows customers of the Skrill digital…

India's ICICI bank unveils cardless ATM transactions using mobile app

January 24, 2020

India's ICICI Bank rolled out Cardless cash withdrawals, that allows customers make ATM withdrawals using their IMobile banking app, with no need to use a…

Visa tackles growing UK cash access crisis with retail expansion

Visa is launching a program to expand access to cash for rural and low income communities in the U.K. amid reduced access to branch banking and ATM coverage.

Persistent Systems, Validsoft develop voice biometrics for banks, credit unions

January 24, 2020

Persistent Systems and Validsoft have developed a secure voice authentication for banks and credit unions. 

The Clearing House raises real-time payments maximum to $100,000

January 23, 2020

The Clearing House is quadrupling the maximum limit on the RTP network to $100,000. The increase, which starts Feb. 1, is due to increased participation and…