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Bank / Credit Union News & Media

Tellers, toil and technology

Innovative technology — such as that now being introduced in ATMs — is displacing workers to new jobs rather than replacing them entirely.

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Cutting-edge ATMs are cutting costs at the branch

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

Adding more teller-like functions at the ATM has allowed FIs to meet the needs of more customers while reducing branch operating costs.

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Fiserv brings mobile banking, payment services to small businesses

March 11, 2015

Mobiliti Business delivers mobile banking and payment services to small and mid-size businesses via downloadable apps for iPhone or Android devices.

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EMV Migration Forum releases consumer education guide

March 10, 2015

The new step-by-step guide seeks to help industry stakeholders develop effective consumer education efforts as the US migrates to chip technology.

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FI coalition advocates for efficient alternative to patent troll litigation

March 10, 2015

The coalition seeks to challenge 'abstract idea' patents through a patent office appeals process rather than expensive courtroom battles.

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PenFed offers Allpoint Network access to 1.3M members

March 10, 2015

PenFed Access America accountholders will be able to use any of the network's 55,000 off-premises ATMs.

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RBR Study: Newer ATM markets the most dynamic, becoming the largest

March 6, 2015

Asia-Pacific accounted for 40 percent of the world's 2.8 million ATMs at the end of 2013, RBR says in 'Global ATM Market and Forecasts to 2019.'

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Arizona CU outsources fleet to Dolphin Debit

March 6, 2015

Older ATMs that required constant maintenance and the resulting inconvenience to members were deciding factors, the credit union says.

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Bluepoint brings mobile RDC to Unwired Nation FIs

March 6, 2015

Unwired Nation has integrated Bluepoint's QwikDeposit ToGo solution to its Unwired Banking mobile banking platform.

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Bank of Beirut Oman to license Euronet ATM-driving solutions

March 5, 2015

The software will allow the bank to manage its entire ATM network, and provide real-time account access to customers anywhere in the world.

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ICBA Bancard puts up funds to help client FIs convert to chip cards

March 3, 2015

The company says it has pledged nearly $600,000 to support Visa credit card-issuing clients as they migrate to EMV.

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USPS pushes 'collaboration' with FIs

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

A Pew study showed that most consumers are indifferent to the idea, but 64 percent of those in the target market (i.e., the un- and underbanked) favor it.

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CR2 BankWorld to manage ATM, mobile channels for Botswana Savings Bank

February 26, 2015

Following a merger with Botswana Post, BSB plans to implement BankWorld ATM and Mobile banking solutions across the expanded system.

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ValidSoft, FICO anti-fraud partnership scores another win

February 26, 2015

The companies have teamed up to address a growing threat from fraudsters who redirect mobile calls and texts in order to defeat authentication systems.

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FIs invited to take survey for 2015 ATM & Self-service Software Trends report

February 26, 2015

KAL and ATM Marketplace are calling on members of the worldwide financial services community to participate in the annual poll.

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G&D offers white label mobile cloud payment service for FIs

February 24, 2015

The Convego CloudPay payment service provides secure mobile transactions, Giesecke & Devrient says.

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Mitek intros commercial remote deposit capture for businesses

February 23, 2015

The product allows businesses of all types to capture important invoice documents and deposit checks from anywhere using a smartphone or tablet camera.

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Biometrics-based ATM authentication — without a hardware upgrade

February 20, 2015

The solution requires no retrofitting of ATMs, and it establishes secure two-way SSL communication between the ATM and a biometric open protocol…

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HID Global provides instant issuance solution to Greek FI

February 17, 2015

The solution is now in use at 300 Piraeus Bank branches, replacing the more expensive and time-consuming system of sending EMV debit cards by mail.

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Study: Use of mobile by young customers will drive change in retail banking

February 13, 2015

A new study predicts that with the next five years mobile will become the No. 1 channel for millennials and younger consumers.

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