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Bank / Credit Union News & Media

Partnership to let Wells Fargo customers make mobile payments via PayPal

April 20, 2017

Wells Fargo & Co. has announced that its retail customers soon will be able to use PayPal to make purchases with their NFC-enabled Android device at…

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FICO nixes NAC number-fixing claims on retail ATM compromise

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

On March 29, FICO released stats showing that nonbank ATMs accounted for the majority of card compromises in 2016. NAC fired back with a memo accusing FICO of…

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US ACH transaction volume sees 1.3B year-to-year growth

April 17, 2017

New statistics from NACHA-The Electronic Payments Association show that ACH transaction volume in 2015 grew to more than 24 billion electronic payments, an…

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Illinois House bill seeks $1 cap for ATM fees

April 17, 2017

Illinois State Rep. Arthur Turner, D-Chicago, has introduced a bill in the state assembly limiting ATM charges to $1. The fee cap would apply to banks and…

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Lloyds to pilot test Windows 10 biometrics with customers

April 17, 2017

Lloyds Banking Group is collaborating with Microsoft to test biometric authentication with customers logging into Lloyds Bank, Halifax and Bank of Scotland…

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Is that kiosk ADA compliant? Who knows?

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

When new ADA regs were released in 2010, touch screens in self-service devices weren't that much of a thing. They are now, and determining what compliance…

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Texas FCU completes outsourcing of ATM fleet to Dolphin Debit

April 13, 2017

Following the expiration of its contract with another ATM provider, Sabine Federal Credit Union of Orange, Texas, has outsourced ownership and operation of the…

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Lloyds Bank bets big on 'micro branches'

April 10, 2017

Following on the heels of announcements by HSBC and the Royal Bank of Scotland, Lloyds Bank has confirmed that it will be scaling down its branches in the U.K.

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The whys and hows of banks and the blockchain

The blockchain technology at the heart of the cryptocurrency bitcoin has opened up a number of possibilities for the banking industry. Here's what's in it for…

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How are you setting your ATM strategy?

Knowing that a million transactions happened at a location is not tremendously helpful if you don't have the particulars about what is driving consumer…

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FIs in western US a bit foggy on Fed's Faster Payments initiative

April 7, 2017

A survey of 430 financial institutions in the western part of the U.S. revealed low awareness and adoption of faster payments products, according to a press…

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New Mexico FI, C-store tap Cummins Allison for branded fleet

April 6, 2017

Southwest Capital Bank, a family-owned institution headquartered in Albuquerque, New Mexico, recently turned to Cummins Allison, a provider of ATMs and coin…

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Puloon EMV-ready ATMs certified by Switch Commerce

April 6, 2017

Puloon USA has certified its Sirius I and Sirius II ATMs with Switch Commerce, an ATM transaction processor serving more than 35,000 terminals nationwide…

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Co-op financial services acquires TMG, announces restructuring

April 4, 2017

Co-op Financial Services has acquired TMG and restructured its leadership, the credit union service organization announced on April 3.

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Court puts kibosh on Australian banks' boycott of Apple Pay

April 4, 2017

The Australian Competition and Consumer Commission has issued a determination denying authorization to the Commonwealth Bank of Australia, Westpac Banking…

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Cash deposit now standard at Standard Chartered Kenya ATMs

March 31, 2017

Customers of Standard Chartered Bank Kenya will soon be able to deposit cash to their accounts at any StanChart ATM in the nation.

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Video banking a plus for bankers, consumers alike

March 31, 2017

Vidyo, a provider of embedded video and video conferencing technology, Efma, an association of 3,300 retail financial services companies, and CUNA Strategic…

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Kaspersky Labs lists 5 ways for FIs to fight cyberattacks

March 31, 2017

The cost of a cybersecurity incident to a financial institution in the U.S. can be as much as $1,165,000, according to new data from Kaspersky Lab Financial…

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Building the ATM of the Future – What your customers want

Think about your local high street or town centre, what does it have in common with every town centre across the country? The same coffee shops? The same…

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Retail ATMs are again fraudsters' favorite target, FICO data finds

March 30, 2017

FICO reported Wednesday that the number of compromised card readers at U.S. ATMs, restaurants and merchants monitored by the Silicon Valley firm rose 3…

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