Persistent Systems, Gojoko team with AWS on community bank, credit union platform

January 15, 2020

India's Persistent Systems Ltd. and U.K.-based Gojoko Marketing Ltd. have created a digital lending platform to help community banks and credit unions rapidly…

Mobile payments tapping facial recognition hardware

by David Jones — Editor, Networld Media Group

The use of facial recognition hardware in mobile devices is expected to surge in the next few years, reaching more than 800 million devices by 2024. Facial…

Temenos launches cloud-based banking distribution services

January 14, 2020

Temenos, a Switzerland-based banking software developer, announced the launch of Temenos Infinity Distribution Services, a suite of cloud-based banking…

BBVA and Nok Nok to implement FIDO security standard for mobile banking customers

January 14, 2020

BBVA and Nok Nok Labs, a firm that helped develop the Fast Identity Online standard, are partner ing to strengthen mobile banking security using biometric…

Amber alerts appearing on ATM screens

January 13, 2020

Euronet Worldwide announced that it will display missing child alerts on ATM screens under an agreement with AMBER Alert Europe. 

CompoSecure sees surge in metal card demand

January 13, 2020

CompoSecure, a provider of premium financial payments cards, reported strong growth in 2019 as well as a potential surge in 2020, amid increased market demand…

Alaska FCU to buy 7 Phoenix-area branches from TCF

January 10, 2020

Alaska USA Federal Credit Union announced a deal with TCF Financial Corp. to buy the seven TCF Bank branches, along with deposits and certain assets in the…

Capital One's Winninger addresses the bank cafe experience

Reimagining the in-branch customer experience has become an increasingly important challenge amid the rise of mobile banking an alternative payment options.

4 Belgian banks plan to roll out shared ATM network

January 10, 2020

Four Belgian banks, including Belfius, BNP Paribas Fortis, ING and KBC, have announced plans to launch a bank-neutral ATM network starting in 2021, which…

Western Union, Du Xioman partner on funds transfer to Chinese bank accounts

January 10, 2020

Western Union and Du Xioman Financial announced an agreement that would allow consumers to send international money transfers via mobile app that would go…

Missouri-based United Credit Union outsources ATMs to Dolphin Debit

January 9, 2020

United Credit Union, a $180 million financial institution based in Mexico, Missouri, has outsourced its ATM operations to Dolphin Debit, a full-service ATM…

NJ savings bank RSI launches high-yield digital savings account

January 8, 2020

RSI Bank, based in Rahway, New Jersey, has launched a high-yield digital savings account that offers a 2% annual yield. 

HighRadius raises $125M led by Iconiq, reaches Unicorn status

January 7, 2020

HighRadius, a Houston-based fintech, specializing in order-to-cash and treasury management software, said it has achieved Unicorn status after raising $12…

Super apps and the fintech revolution in 2020

As Big Tech encroaches upon banking, some of the leading app developers in the ride sharing and food delivery space are carving out a niche for themselves in…

Travelex international currency exchange hit by ransomware attack

January 7, 2020

Travelex, the London-based currency exchange and travel card provider, has been hit with a ransomware attack on New Year’s Eve, which has compromised certain…

HSBC limits access to certain Hong Kong branches, ATMs due to protests

January 7, 2020

HSBC confirmed that it has taken reduced hours at some self-service machines and branches in Hong Kong to protect facilities due to the ongoing pro-democracy…

American Express opens Centurion and Escape lounges at Phoenix Sky Harbour airport

January 6, 2020

American Express and Mag USA announced the opening of The Centurion Lounge and Escape Lounge at Phoenix Sky Harbour International Airport, which will offer…

Revolugroup Canada completes 20-nation test of Visa-linked e-wallet

January 3, 2020

Revolugroup Canada Inc. said it completed a 20-nation beta test of its RevoluPay e-wallet, which is linked to a proprietary physical Visa card. 

BBVA launches sales on Amazon with eye towards financial products

January 2, 2020

BBVA, the Spanish banking group, has launched a plan to sell products on Amazon, starting with renowned restaurant El Cellar de Can Roca, part of a larger plan…

UK convenience store group urges LINK to cancel fee cut amid crisis in cash access

December 31, 2019

The U.K.'s  Association of Convenience Stores is urging LINK, the entity that controls that country's ATM network, to cancel its next planned fee cut in order…