Square turns on money request app

February 17, 2014

Square Cash, a new money request feature from mobile POS provider Square, allows users to request money from other people or groups by using the Square Cash…

JETCO rolls out mobile NFC in Hong Kong and Macau

February 13, 2014

Joint Electronic Teller Services Ltd. is rolling out mobile NFC payments in Hong Kong and Macau with its member banks using the Gemalto LinqUs trusted service…

India working to turn ATMs, mobile phones into P2P payment system

February 12, 2014

The Reserve Bank of India wants to make it possible for anyone to send money to another party, regardless of whether that party has a bank account. All the…

Report says US banks should improve mobile banking services

Aite Group report says small business clients need more than warmed-over consumer banking apps.

More consumers favoring ATM, RDC check deposit

February 10, 2014

Though the majority of U.S. adults still prefer to deposit checks at the teller window, increasing numbers favor self-service methods for check deposit…

Why banks need to be in the mobile wallet business

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

Mobile startup seeks to turn businesses into ATMs

February 5, 2014

A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and…

Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

Interswitch brings cardless mobile ATM withdrawals to Nigeria

January 31, 2014

The African payments company Interswitch Transnational has added cardless ATM withdrawals for mobile money users to its Quickteller service. Quickteller allows…

More banks add mobile payments to enhance customer experience

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

According to a recent Independent Community Bankers of America survey, mobile payment offerings continue to rise at community financial institutions.

ATMs play a role in FIs’ omnichannel goals

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Mercator Advisory Group's recent "2013 ATM Market Benchmark Report" examines the ways in which the ATM channel is assisting financial institutions in their…

Mobile money transforms Kenyan banking market

January 27, 2014

Sixty percent of Kenyans now use their mobile phone for banking transactions and 64 percent of Kenyans send or receive money locally through their mobile…

Paydiant wins patent for smartphone-ATM transaction solution

January 23, 2014

Several months after rolling out a solution that enables ATM transactions from smartphones, the Boston-based mobile payments provider Paydiant has gained a…

In 2014, Wincor World revolves around the customer

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Europe's ATM giant is ready to implement its ambitious global growth strategy customer by customer, answer by answer.

T-Mobile offers low cost banking with prepaid Visa card

January 22, 2014

T-Mobile U.S. is offering a raft of cheap banking services with its new reloadable T-Mobile Visa prepaid card, issued by The Bancorp Bank.

You can't get rid of the fraud risk until you get rid of the card

With a safer, less expensive alternative available, is it security driving the move to EMV - or stakeholder interests?

Assume all handsets are compromised

Jim Pitts, project manager of the BITS Financial Services Roundtable, explains why he tells his FI members to expect the worst when it comes to customers…

DI buy yields rapid results for NCR

January 14, 2014

In December, when NCR Corp. announced its intention to buy digital banking services provider Digital Insight, the company said it saw an opportunity to serve a…

NCR finalizes Digital Insight purchase

January 13, 2014

NCR Corp. announced on Friday that it has completed its previously announced acquisition of Digital Insight Corp., a provider of online and mobile banking…

Jordan's mobile wallet to include cardless ATM access

January 9, 2014

Jordanians might soon be using to their mobile phones to withdraw money from ATMs, pay bills, and make person-to-person or person-to-merchant transfers. The…