Wells Fargo: Doubling down on card-free ATM access

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

For the time being, most US FIs are relying on texted codes to offer their customers a cardless ATM option; by implementing NFC as well, Wells Fargo is getting…

Four power moves for traditional financial institutions

One reason why traditional financial institutions are challenged by fintech is their large, departmentalized organizational structure. The other is their large…

Mobile-only Atom Bank opens for business in UK

April 6, 2016

The newly launched FI promises to 'innovate and deliver a transparent way of banking that turns the old world on its head.'

Survey: M-wallets powered by differing technologies will coexist in the future

April 6, 2016

However, market consolidation within the next two to three years will reduce their numbers, according to a new report on trends in the global payments…

Sberbank Kazakhstan, OpenWay intro cardless cash at ATMs

March 29, 2016

The solution allows customers to set up a withdrawal online and complete it at any one of the bank's 900 ATMs.

Mobile vs. branch: Beyond the tipping point

'Mobile first' does not have to mean 'mobile only.' Customers desire a mix of channels and, critically, they want the experience to match whether they’re…

Report: FIs losing ground in mobile wallet wars

March 24, 2016

However, as consumer awareness of mobile wallets has risen dramatically, financial institutions still have an opportunity to stake a claim in this market, a…

Stanbic Bank Botswana adds mobile banking channel

March 22, 2016

The FI says that its new mobile banking service gives customers 24/7 access to a range of popular banking functions.

Survey: US consumers not keen on mobile-only banks

March 21, 2016

More than a third of respondents also believe that mobile payment apps are unnecessary.

ICICI Bank set to launch mobile payments in India

March 17, 2016

Bank employees are currently testing the app.

Payments go 'Hands Free' with Google app

by Will Hernandez — Editor, NetWorld Media Group

The company is testing a cash-free payment method that lets users make and confirm purchases without reaching for a payment card — or even a smartphone.

ATM-mobile interoperability: Whose sandbox is it, anyway?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Mobile-ATM functionality is here, but some of the details will have to catch up before it's all interoperable and safely tokenized. And at this point, we're…

BofA goes live with clearXchange network

March 8, 2016

Early Warning is behind the new network.

No more cash, cards or keys? Shut the front door!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

For much of the world's population, cash still dominates, so having a real wallet seems most appropriate — even if access to cash withdrawal is via a mobile…

Digital Insight rolls out Android Fingerprint ID for mobile banking

March 7, 2016

The company says it is the first solutions provider to introduce fingerprint authentication for mobile banking apps on the Android platform.

Green Dot spat with shareholder prompts scathing letter to board

March 4, 2016

Harvest Capital Strategies, Green Dot's largest independent investor, decried a 'blatant attempt to entrench management, protect the disastrous status quo and…

PIN4 aims to turn US ATMs into cardless 'mobile money terminals'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The Europe-based open cardless cash network provides real-time cardless cash withdrawals at any enabled ATM, the company's US CEO says.

ATMs and mobile wallets: Bumping down the road to ubiquity

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In a pre-conference workshop at ATMIA 2016, a small army of experts offered an overview of brand-name mobile wallets and the problems the industry must solve…

Samsung Pay adds Wells Fargo support

March 2, 2016

The mobile wallet now supports eligible credit and debit cards from 70 banks and credit unions.

WiseSec, Diebold demo unique 'tap-for-cash' capability at the ATM

February 26, 2016

Patented WiseSec technology allows a non-NFC mobile device to interface with an NFC or RFID terminal via the device's Bluetooth interface.