Wirecard banks left holding a $1.8 billion bag

June 26, 2020

Wirecard AG's main banks are facing the loss of $1.8 billion in loans to the scandal-plagued fintech after it started insolvency proceedings this week.

PSCU reports debit spend is up, credit spend is down

June 26, 2020

Consumer credit card spending was down 6.7% year-over-year, impacted by the coronavirus pandemic, but consumer debit card spending was up nearly 13…

RBI committee seeks increase in ATM charges

June 25, 2020

The Reserve Bank of India committee is recommending capping ATM cash withdrawals to ₹5,000 ($66) and levy charges for any larger amounts according to a…

Scotland’s ATM use declined most in UK during pandemic

June 24, 2020

Cash withdrawals via ATMs in Scotland's Glasgow city fell 82% during the coronavirus pandemic which is more than anywhere else in the U.K., with the exception…

How retail banks can speak to the customer experience

Banks now know that consumer experience is not just about the front-end look and feel, but that it requires discipline, focus, and investment in new systems to…

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DCR Strategies expands ATM access, deletes fees

June 23, 2020

DCR Strategies Inc./TruCash cardholders, and TruCash affiliated corporate partners with a Visa prepaid card, can now access 8,000 white label no-fee ATMs in…

Alabama's Regions Bank closing in observance of Juneteenth

June 18, 2020

Regions Bank will close its offices at 2 p.m. local time Friday, June 19 in observance of Juneteenth, the day slavery actually ended in 1865, according to a…

Travelex withdraws from sale process amid weak offers

June 16, 2020

Travelex Holdings Ltd. said in a regulatory filing in London that it has withdrawn offers to sell the Travelex Group saying that offers made during the second…

More cuts planned for Germany's Commerzbank

June 15, 2020

More branch closings and staff cuts are planned for Germany's Commerzbank after cutting thousands of jobs last year. The bank plans to discuss "considerably…

Bank4Me Auriga Launches Advanced Digital Branch Solution

New Bank4Me module enables secure and personalised audio and video assisted banking service on any self-service terminal and in fully automated remote branches

DCBank to provide kiosks to dispense prepaid Mastercards

June 9, 2020

XTM Inc., a provider of mobile banking and payment solutions, has signed an agreement with DCBank to provide an instantly activated and loaded prepaid…

What's the Outlook for Cash?

What's the. outlook for cash and is it going away? To know more, read our latest blog.

Taiwan’s stimulus voucher converted to cash via ATMs

June 9, 2020

Taiwan citizens and foreigners with Alien Resident Certificates are receiving stimulus vouchers by July 15.

JPMorgan Chase CEO takes a knee with staff

June 8, 2020

Jamie Dimon, the 63-year-old CEO of JPMorgan Chase, casually dropped by the Mt. Kisco, N.Y., Chase branch, surprising staffers and congratulating them on…

Shift4Payments prices IPO above range at $23 a share

June 5, 2020

Shift4Payments Inc. announced the pricing of an initial public offering of 15 million shares of Class A common stock at $23 a share, which was above the…

Senate approves bill to ease restrictions on emergency small business loans

June 4, 2020

The U.S. Senate passed a bill Wednesday to ease restrictions on emergency small business loans to prevent mass layoffs during the coronavirus pandemic, sending…

White label ATM services to expand in Bangladesh

June 1, 2020

The Bangladesh Bank has issued guidelines for white label ATMs and white label merchant acquiring services to help spread banking services across the country…

BOA CEO: 'US economy starting to recover'

May 29, 2020

Bank of America CEO Brian Moynihan told CNBC’s Squawk Box co-host Becky Quick Thursday that the economy is beginning to recover from the coronavirus pandemic.

ATMs decline in China, increase globally

May 28, 2020

The number of ATMs worldwide slightly declined in 2019, primarily in China, which was due to increasing competition from cashless payments, according to RBR…

Strategic alliance between Minsait and Auriga for a superior banking experience

Minsait, the company that groups Indra's digital transformation and information technology consulting businesses, and Auriga, market leader for omnichannel…