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ATM & Mobile Banking News

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…

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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…

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Puerto Rican neobank FFIBI teams with Seafarer Foundation on multi-currency payroll card

December 31, 2019

Puerto Rico-based First Finance International Bank Inc. has teamed up with the Australia-based Seafarer Foundation to develop a reloadable multi-currency card…

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Dash Gold Foundation to push digital currency payments, blockchain ATMs

December 30, 2019

The Dash Gold Foundation said it will use the gold SKR (Safe Keeping Receipt) to promote its Beyond Dash Gold digital currency payments, digital currency ATM…

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Wirex, i2C partner on blockchain-based payments card in Asia-Pacific

December 30, 2019

Payments firm Wirex and i2C Inc., a digital banking and payment processing firm, announced a partnership to launch a blockchain-based card for travelers using…

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Citi, PayPal enter deal to enable institutional payments directly into mobile wallets

December 16, 2019

Citi and PayPal entered an agreement to enable the bank's institutional clients to be able to make direct payments into PayPal digital wallets.

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Natwest back online after Black Friday mobile banking disruption

December 2, 2019

Natwest, the U.K.-based bank, was hit with a Black Friday outage that disrupted its mobile app, online banking and Bankline services. 

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Hang Seng brings mobile ATM withdrawals to Hong Kong

November 29, 2019

Withdrawing cash from one of Hang Seng Bank's 600 ATMs in Hong Kong will soon be as easy as using a mobile phone to tap an NFC device or scan a QR code. 

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Citi launches high-yield digital checking account with no ATM fees

November 20, 2019

Citibank announced the launch of Citi Elevate Checking, a digital high-yield checking account that pays up to 1% for high balance accounts and offers unlimited…

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UK's Link launches online 'request-an-ATM' tool

November 4, 2019

Less than a month after launching its free ATM fund, Link, a U.K.-based cash machine network, has received more than 100 applications for new ATMs.

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Zero Financial releases mobile banking app on Android

October 31, 2019

Zero, the San Francisco-based banking app, announced that it is now available for Android after its launch earlier this year on the iOS platform. 

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Kount launches service to catch criminal and 'friendly' cyber fraud

October 30, 2019

Kount, a Boise, Idaho-based cybersecurity firm, launched what it calls the industry's first comprehensive service that protects digital companies against both…

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Consumers embrace mobile banking, but still value physical branches

October 28, 2019

A new study by Adobe shows that while an increasing number of consumers are using mobile banking, the vast majority still consider branch locations an…

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Oxygen taps Allpoint ATM network to offer fee-free cash via its banking app

October 22, 2019

Oxygen, a new digital bank aimed at self-employed workers, will offer its customers access to more than 55,000 fee-free ATMs as it joins the Allpoint ATM…

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Chime suffers new disruption to mobile app, debit card payments

October 17, 2019

(Update 10:56 a.m. EST Friday Oct. 18th to reflect certain services restored)

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UK: half of all debit card payments now contactless

by Amy Castor — Editor, Networld Media Group

October 14, 2019

According to the latest figures from trade association U.K. Finance, now over half of the debit card payments in the U.K. are contactless. 

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Striking union warns South Africa ATMs won't work Friday

September 24, 2019

South Africa's largest financial union is warning residents that ATMs will not be working Friday and online banking could also be disrupted due to a strike…

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Bank of Thailand: ATM cards with only mag stripes unusable in 2020

September 20, 2019

The Bank of Thailand on Tuesday advised holders of debit cards and ATM cards with magnetic stripes to switch to chip cards. 

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Credit Suisse sets massive restructuring from branch to digital transformation

August 26, 2019

Credit Suisse said its Swiss Universal Bank unit will undergo a massive restructuring, costing hundreds of millions of Swiss francs, to transition its retail…

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