Make the most of your debit card program

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

A ruling on the U.S. Federal Reserve’s appeal of the Leon decision that overturned the cap on debit interchange could take up to a year. While the majority of…

Regional FI pushes 'pods' for self service

February 18, 2014

Webster Bank, a Connecticut-based regional bank with $21 billion in assets, has announced the ongoing optimization of its banking centers, including plans to…

First Data, TMG streamline EMV implementation for client FIs

February 17, 2014

Payments processing solutions provider First Data and payments processor The Members Group have introduced an expedited EMV implementation program for…

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…

Fiserv launches multi-vendor device management solution

February 12, 2014

Fiserv has announced the availability of Device Manager: Terminal Connect, which enables direct connection of self-service terminals — ATMs, kiosks, passbook…

Fifth Third deploys Diebold's first mixed-media deposit automation ATM

February 12, 2014

Fifth Third Bank and Diebold have announced that they are teaming up to deliver a new mixed-media deposit automation terminal located in the bank's…

Report says US banks should improve mobile banking services

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

Equifax releases retail banking 'Best Practices' video

February 11, 2014

Equifax Retail Banking Leader, Brad Jones, has released the following video in which he offers on-camera insight and best practices for financial institutions…

Visual Control upgrade improves uptime for CUs' ATMs

February 11, 2014

Rancho Cucamonga, Calif.-based CUSO Co-op has announced an upgrade to ATM Visual Control that adds Remote Manager, a feature that enables remote maintenance by…

The most debilitating part of Durbin for FIs

One factor in the whole Durbin/Leon debacle has thrown the financial services community into disarray, rendering budgeting and planning next to impossible.

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…

Kansas bank embraces universal teller concept

February 5, 2014

Leawood, Kan.-based Alterra Bank has made the move from a traditional teller line format to a universal banker approach that allows staff and customers to…

FI execs afraid of being first - and last

by Terry Dooley — SVP & CIO, ITS, Inc

Researchers recently interviewed merchant and financial institution executives to uncover their concerns regarding the ever-evolving payments arena.

Infographic: BLE vs. NFC

This infographic compares the key similarities and differences between Bluetooth Low Energy (BLE) beacons and Near Field Communications (NFC) in how they are…

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.

RBI, Prizm launch white label line

January 28, 2014

Prizm Payment Services has launched Money Spot, a line of white label ATMs, under license from the Reserve Bank of India. In an initial push, Prizm plans to…

Free Mercator research series sums up 2014 financial services outlook

January 28, 2014

Will 2014 be a year of fundamental change in payments, or is the industry just tinkering with user interfaces on the fringes while addressing other issues?

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…

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…

NRF urges transition to more secure and advanced credit, debit cards (Updated)

January 22, 2014

This week, The National Retail Federation sent a letter to congressional leaders outlining the retail industry's commitment to protecting sensitive consumer…