Visa plans major reset of interchange rates: Report

February 4, 2020

Visa is planning a major change to how it calculates the interchange rate, a move that could result in higher merchant fees for e-commerce transactions…

Hitachi Terminal Solutions to assume ATM management for Thai state-owned bank

February 4, 2020

HItachi Terminal Solutions (Thailand) Co. said it received an order for ATM outsourcing from Thailand's state-owned Government Savings Bank in a partnership…

Cardtronics extends ATM partnership with Fifth Third Bank to Carolinas

February 3, 2020

Fifth Third Bank entered a partnership with Cardtronics to rebrand 139 ATMs located in CVS pharmacies and other retailer stores in the Carolinas. 

Remitly launches digital banking service for immigrant communities

February 3, 2020

Remitly, a Seattle-based digital money transfer company, has launched Passbook by Remitly, a mobile banking service designed for immigrant communities, with no…

UK arrests 3 in probe of Malta's Bank of Valletta cyber attack

January 31, 2020

The National Crime Agency in the U.K. made three arrests in Belfast and London as part of a money-laundering investigation linked to a massive malware attack…

Nationwide Building Society uses contactless smart window to raise funds for homeless

January 31, 2020

Nationwide Building Society in the U.K. has deployed contactless payment technology to help raise money to fight homelessness.

Mobile payments gaining momentum, but Deutsche Bank says don't sleep on cash

by David Jones — Editor, Networld Media Group

A new report from Deutsche Bank says that mobile payment adoption will surge in the next five years, but cash will remain a critical part of many economies. In…

Lloyds Banking Group to shut 56 branches by October 2020

January 30, 2020

Lloyds Banking Group confirmed that it will close 56 bank branches across the U.K., as customer preferences continue to move toward digital banking and reduced…

Australia's Commonwealth Bank invests another $200M in Klarna, launches installment app

January 30, 2020

Commonwealth Bank of Australia has made an additional $200 million in Klarna AB, a fintech that provides installment financing for retail customers. It…

Wawa confirms hacked payment data has gone on sale on dark web

January 30, 2020

Wawa Inc., a convenience store and gas station chain that was hacked in December, has acknowledged reports that criminals have put stolen card data up for sale…

NatWest, G4S launch Intellgent Vault to enhance cash management for business

January 29, 2020

NatWest launched an Intelligent Safe, under a partnership with G4S, which allows business to get a daily credit for their cash deposits, however without the…

India's ICICI bank unveils cardless ATM transactions using mobile app

January 24, 2020

India's ICICI Bank rolled out Cardless cash withdrawals, that allows customers make ATM withdrawals using their IMobile banking app, with no need to use a…

Visa tackles growing UK cash access crisis with retail expansion

Visa is launching a program to expand access to cash for rural and low income communities in the U.K. amid reduced access to branch banking and ATM coverage.

The Clearing House raises real-time payments maximum to $100,000

January 23, 2020

The Clearing House is quadrupling the maximum limit on the RTP network to $100,000. The increase, which starts Feb. 1, is due to increased participation and…

Pulse names EVP of product management

January 22, 2020

Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management. 

Temenos launches SaaS banking service in US to speed digital transformation

January 21, 2020

Temenos AG, a Geneva-based banking software company, announced the launch of its banking-as-a-service platform in the U.S., which it says can help launch a…

Hong Kong's DBS promotes wealth management app with celebrity hologram

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

DBS Bank recently tried to attract customers for its digital banking service...through holographic actors.

Persistent Systems, Gojoko team with AWS on community bank, credit union platform

January 15, 2020

India's Persistent Systems Ltd. and U.K.-based Gojoko Marketing Ltd. have created a digital lending platform to help community banks and credit unions rapidly…

BBVA and Nok Nok to implement FIDO security standard for mobile banking customers

January 14, 2020

BBVA and Nok Nok Labs, a firm that helped develop the Fast Identity Online standard, are partner ing to strengthen mobile banking security using biometric…

Alaska FCU to buy 7 Phoenix-area branches from TCF

January 10, 2020

Alaska USA Federal Credit Union announced a deal with TCF Financial Corp. to buy the seven TCF Bank branches, along with deposits and certain assets in the…