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ATM & Mobile Banking News

Mobile payments to rack up 34 percent CAGR through 2023

April 3, 2018

Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to…

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Citi aims for nationwide reach with digital banking network

March 30, 2018

After hinting at the possibility in a recent earnings call, Citi has now made it official: The FI will launch comprehensive, new mobile capabilities on the…

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Mint mobile wallet extends ATM, banking services to unbanked in UAE

March 29, 2018

The Mint Corp., a Toronto-based payments company with its primary business in Dubai, has announced that its majority-owned subsidiary Mint Middle East LLC has…

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Axiom Bank mobile app targets the underbanked

March 27, 2018

Axiom Bank, the second largest community bank in Florida, has launched AxiomGo, an all-digital checkless checking account for consumers who want an alternative…

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Mitek chalks up 2B mobile check deposits

March 20, 2018

Mitek, a provider of mobile capture and identity verification software, has announced that its Mobile Deposit solution has to date processed more than …

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Fifth Third ATMs enabled for cardless cash withdrawal

March 15, 2018

Customers of Fifth Third Bank can now withdraw cash from the bank's ATMs without using a bankcard.

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Trustonic, Mirae provide secure one-time password authentication for mobile banking

March 14, 2018

Korea Financial Telecommunications and Clearings Institute has partnered with Trustonic and Mirae Technology to simplify and improve the secure authentication…

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Mobile banking UX 'asks too much of millennials,' study finds

March 7, 2018

No surprise here: Millennials lead the way in adoption of mobile banking, at 47 percent, while boomers lag at 23 percent. However, millennials are also the…

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Third-party financial apps 'drive a wedge' between FIs, account holders, study warns

March 1, 2018

Malauzai Software, a provider of mobile and internet solutions for community financial institutions, has released its Monkey Insights trend report on internet…

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Hong Kong bank weighing use of facial ID at ATMs

February 27, 2018

Hong Kong-based Hang Seng Bank plans to expand its use of fintech in mobile banking services. Additionally, based on consumer uptake of the facial recognition…

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POPin adds 'emotive recognition' to video banking platform

February 23, 2018

POPin Video Banking Collaboration, a mobile video banking solution, has incorporated Derive PositivityCoach, an application for emotive recognition released in…

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CUSOs partner to offer digital banking development platform for CUs

February 21, 2018

Members Development Company, a CUSO that facilitates collaborative R&D for more than 50 large credit unions, is teaming up with Constellation Digital…

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US Payments Forum offers guidance on mobile wallet strategy

February 20, 2018

The U.S. Payments Forum has released a white paper meant to help merchants and issuers understand the key factors and considerations for developing a mobile or…

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Wells Fargo adds predictive banking feature to mobile app

February 16, 2018

Wells Fargo & Co. has announced that mobile banking deposit customers now have access to a predictive banking feature that analyzes account information and…

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Wirecard, ReiseBank enhance travel money app with cash top-up capability

February 16, 2018

Wirecard is expanding its collaboration with ReiseBank, a provider of travel money in Germany. The partners launched the bankomo mobile money app last year…

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Study finds high engagement with banking apps among US smartphone users

February 14, 2018

Of adults in the United States who use a smartphone, 63 percent have at least one financial app installed, and the average smartphone user has 2.5 financial…

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First Data, SBI Card partnership to support cashless India

January 26, 2018

First Data has expanded its partnership with SBI Card, a leading credit card issuer in India with more than 5.6 million customers.

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Frustrating fraud alerts, amazing aesthetics: Consumers rate mobile apps of top US banks

January 24, 2018

Banks have plenty of incentive to drive greater digital engagement. A study by Bain found that each call or visit to the bank from a customer comes at a cost…

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9 in 10 FIs now offer mobile banking, Fed says

January 18, 2018

A new report from the payment strategies team of the Federal Reserve Bank of Boston provides insights into the state of mobile banking at financial…

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Digital banking solutions provider Alkami secures funding for growth

January 12, 2018

Alkami Technology Inc., a provider of digital banking solutions to credit unions and banks, has announced a strategic investment by General Atlantic, a growth…

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