Transfast, State Bank of India ink remittances deal

February 19, 2018

Transfast, a provider of remittance solutions with a presence in more than 125 countries, has entered an agreement with India's largest FI, State Bank of…

Costs of cyberattack greater for financial services than for other industries

February 16, 2018

Cyberattacks cost the financial services sector more than any other industry, and the rate of breaches in the sector has tripled over the past five years…

Wells Fargo adds predictive banking feature to mobile app

February 16, 2018

Wells Fargo & Co. has announced that mobile banking deposit customers now have access to a predictive banking feature that analyzes account information and…

Wirecard, ReiseBank enhance travel money app with cash top-up capability

February 16, 2018

Wirecard is expanding its collaboration with ReiseBank, a provider of travel money in Germany. The partners launched the bankomo mobile money app last year…

Study finds high engagement with banking apps among US smartphone users

February 14, 2018

Of adults in the United States who use a smartphone, 63 percent have at least one financial app installed, and the average smartphone user has 2.5 financial…

NCR to renew BankDhofar self-service network

February 13, 2018

BankDhofar, a retail financial institution in Oman, has selected NCR Corp. to overhaul its existing self-service network.

Payments fraud plagues 75 percent of FIs, Minneapolis Fed reports

February 9, 2018

Payments fraud losses remain an issue for financial institutions across the country, but customer diligence — such as reviewing transaction activity and…

How one bank is delivering on the 'customer-centric experience' challenge

Stormy Mauri, vice president and product manager at Washington Trust Bank, talks about the challenges banks face in providing a tailored, meaningful customer…

Chicagoland ISOs join forces

February 9, 2018

Payroc LLC, a merchant services and payment organization, has acquired Integrity Payment Systems LLC, a full-service processor and acquirer. The transaction…

PSCU, Pindrop partnership thwarts $1M in fraud in 1st month

February 9, 2018

PSCU is stepping up its fraud prevention efforts, using Pindrop technology on behalf of its owner credit unions to provide an added layer of voice security and…

India ends incentives for new ATM, cash recycler installations

February 9, 2018

The Reserve Bank of India will not renew incentives intended to encourage banks to install ATMs and cash recyclers. The move is intended to bring about greater…

Wells Fargo to support NFC transactions via vivoactive 3 smartwatch

February 9, 2018

Wells Fargo customers can now use a Garmin vívoactive 3 smartwatch for transactions at NFC-enabled payment terminals , according to a press release. The…

IADs outpacing FIs in rate of ATM fleet expansion

February 8, 2018

Independent ATM deployers accounted for 1 in 6 ATMs worldwide at the end of 2016. Eighty percent of these are located in five markets — the U.S., Japan, South…

Glory, Millenniumbcp roll out Tellerfinity assisted service

February 8, 2018

Glory, a provider of cash technology solutions, has announced that Millenniumbcp, one of the largest private banks in Portugal with more than 600 branches…

ESQ intros configurable OperationsBridge 3.0 for FIs, MSPs

February 8, 2018

ESQ Business Service Inc. has announced the release of OperationsBridge 3.0, a solution designed to help financial institutions and managed service providers…

A2iA intros a2ia Mobility, a2ia mCapture software toolkit updates

February 8, 2018

A2iA, a developer of artificial intelligence and machine learning-based software for data capture, document processing, and payment systems, has announced new…

Caught in the act: US authorities nab ATM jackpotting suspects in Connecticut

February 8, 2018

The U.S. Department of Justice has announced the arrest of Alex Alberto Fajin-Diaz, 31, a citizen of Spain, and Argenys Rodriguez, 21, of Springfield…

Open Banking: How it Demonstrates Changing Consumer Demands

Since the start of 2018 we’ve seen a string of articles discussing open banking, explaining the impact of PSD2 on the industry and consumers. Examining these…

Sticks and carrots: Why a plan to redistribute ATMs in the UK is bound to fail

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Penalizing independent ATM deployers in the U.K. for having "too many" ATMs in urban areas is possibly the least compelling way imaginable to persuade them to…

Will UK banks break Link?

by Ron Delnevo — Chairman, Cash and Card World

Some U.K. banks threaten to leave the Link UK Network without drastic cuts to interchange fees that enable customers to get cash from conveniently located…