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…

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…

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…

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…

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…

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…

'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…

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…

BofA touts uptake of mobile banking solutions

July 16, 2018

Bank of America has announced that Erica, its artificial intelligence-driven virtual financial assistant, now has more than 2 million users. According to a…

CPI, CBS partner on end-to-end instant issuance solution for CUs

July 12, 2018

CPI Card Group, a provider of EMV chip cards and related services, and Commercial Business Systems, a provider of software and IT services for credit unions…

IBM study calculates hidden costs of data breach

July 12, 2018

IBM Security has released a global study examining the full financial impact of a data breach on a company's bottom line.

Diebold, MasterCard partnership to offer managed self-service solution for FIs, merchants

July 12, 2018

Diebold Nixdorf and MasterCard have partnered to deliver a managed solution for the banking and retail sectors.

Co-op outlines 7 strategies for CUs seeking digital transformation

July 11, 2018

A new white paper from Co-op Financial Services, Seven Strategies to Accelerate Your Digital Transformation, offers guidance for credit unions looking to…

Florida FI to implement MasterCard Send for near real-time funds disbursement

July 11, 2018

MasterCard is partnering with Florida Capital Bank N.A. to facilitate the near real-time disbursement of funds to all branded debit cards in the U.S. by…

Study ranks checking, ATM fees in 50 US markets

July 9, 2018

A new study by DepositAccounts.com has analyzed checking account fee data from more than 1,700 financial institutions in 50 major markets in the U.S. to…

Why you should Forget about Building the Bank of the Future – and Make it happen Today

The banking industry is under incredible pressure.

A quantum leap: How will banks cope with tomorrow's tech?

Last century, one of most dramatic changes to the banking ecosystem was the integration of digital technology, both with back office and customer-facing…

Kenyan FIs hone their competitive edge with cash-recycling ATMs

July 6, 2018

Nairobi, Kenya-based Prime Bank will install cash recycling ATMs at Naivas Supermarket locations in the capital city, a move expected to reduce the cost and…

NRT acquires US Bank casino-based ATMs

July 2, 2018

NRT Technologies Inc., a provider of payment systems and financial self-serve kiosks for the gaming industry, has acquired the gaming ATM assets of U.S. Bank…

HSBC rolls out 'social humanoid robot' Pepper

July 2, 2018

HSBC Bank USA N.A. and SoftBank Robotics America, the North American arm of SoftBank Robotics Group, have partnered to bring Pepper, the "social humanoid…