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Bank / Credit Union News & Media

Banking services, ATMs go mobile in rural India

August 9, 2018

Guntur District Cooperative Central Bank in the eastern Indian state of Andhra Pradesh state, has launched mobile ATM vans and a mobile app in order to serve…

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New IBM X-Force Red Labs to incorporate ATM vulnerability testing

August 6, 2018

IBM Security has launched X-Force Red Labs, a network of four facilities — to include the company's ATM testing practice — in response to increased demand for…

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Contactless card transactions: A technology whose time has come?

by Will Hernandez — Editor, NetWorld Media Group

A recent study from A.T. Kearney urges FIs en masse to begin issuing contactless cards now that merchants have the necessary payment terminals and consumers…

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CU members score on Prime Day

August 2, 2018

Amazon Prime Day 2018 recorded more than 100 million customer orders, making it a banner day for the e-commerce site, but also for the nation's credit unions…

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Payday pain for Wells Fargo customers as ATM, mobile deposits fail

July 31, 2018

Wells Fargo apologized Friday for a service outage that began around midday when customers found themselves unable to deposit checks via mobile or discovered…

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Fifth Third customers get fee-free access to 7-Eleven ATMs in deal with FCTI

July 31, 2018

Independent ATM Deployer FCTI Inc. has executed a multiyear contract with Fifth Third Bank that provides fee-free cash and account access to Fifth Third…

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Fiserv, BlueVoyant help FIs fight cybercrime with comprehensive managed security platform

July 31, 2018

Fiserv Inc., a provider of financial services technology solutions, and BlueVoyant, a next-gen cybersecurity company, have formed a strategic alliance to…

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77 percent of millennials would switch banks to get better service

July 27, 2018

Four in 10 millennials say they have switched banks due to poor service, and nearly twice as many (77 percent) say they would switch to a bank offering better…

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Advanced software paves the way for next-gen ATMs, study says

July 26, 2018

Increasingly, banks are using advanced ATM software platforms to modernize customer ID and authentication, improve personalization and maximize the performance…

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Dolphin Debit named exclusive ATM management partner by Heartland CU Association

July 26, 2018

Dolphin Debit, a full-service ATM management company, has been named an exclusive partner of the Heartland Credit Union Association, according to a press…

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Starling Bank card design reflects 'how we actually use our cards'

July 26, 2018

Mobile-only challenger bank Starling is introducing a new debit card with a vertical design that puts all customer details, including name, card number and…

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Why there's no escaping Windows 10 migration

Although there is the possibility of a future non-Microsoft OS for ATMs, such a solution has yet to be implemented or fully embraced by the industry. In the…

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New requirements for net worth, security have India's FIs, CITs, ATM operators running scared

July 23, 2018

The Reserve Bank of India has given bankers a new set of rules for the engagement of cash management service providers. And in doing so, RBI has also given…

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KeyBank, Ingo Money partner to launch real-time payments

July 23, 2018

KeyCorp has launched an instant payment solution with Ingo Money that allows KeyBank business clients to disburse guaranteed funds in real time through Ingo…

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Podcast Episode 2: Exclusive look at Zelle's new verification features with Early Warning's Group President of Payments

by Will Hernandez — Editor, NetWorld Media Group

Host Will Hernandez discusses Zelle's massive success and new verification features with Lou Anne Alexander, group president of payments at Early Warning. ATM…

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ATM outsourcing brings Chocolate Bayou FCU sweet relief from upgrade angst

July 20, 2018

Chocolate Bayou Federal Credit Union made the decision to outsource its ATM fleet after learning that only one of the aging machines at its four branches could…

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Link ATM network calls halt to interchange fee reductions

July 20, 2018

Link, the U.K.'s primary ATM network, has given ATM operators and end-users a "semi-reprieve" from a program of deep cuts to interchange fees that…

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Hyosung, CFM solution integrates cash-recycling ATMs, TCRs with core banking platform

July 20, 2018

Hyosung America has announced a new partnership with CFM, a core-integrated cash recycling platform designed to streamline cash recycling operations between…

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'Erica, why do I need a mobile wallet?': Active use of AI in banking depends on the value proposition

by Will Hernandez — Editor, NetWorld Media Group

Bank of America announced on Friday that its mobile virtual assistant, "Erica," has now been adopted by 2 million customers. But will they stay on as active…

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LA credit union adds Co-op ATM terminal-driving services

July 16, 2018

Los Angeles-based Water and Power Community Credit Union has contracted with Co-op Financial Services for products addressing member needs at virtually every…

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