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Bank / Credit Union News & Media

Visual Control upgrade improves uptime for CUs' ATMs

February 11, 2014

Rancho Cucamonga, Calif.-based CUSO Co-op has announced an upgrade to ATM Visual Control that adds Remote Manager, a feature that enables remote maintenance by…

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The most debilitating part of Durbin for FIs

One factor in the whole Durbin/Leon debacle has thrown the financial services community into disarray, rendering budgeting and planning next to impossible.

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Why banks need to be in the mobile wallet business

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

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Kansas bank embraces universal teller concept

February 5, 2014

Leawood, Kan.-based Alterra Bank has made the move from a traditional teller line format to a universal banker approach that allows staff and customers to…

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FI execs afraid of being first - and last

by Terry Dooley — SVP & CIO, ITS, Inc

Researchers recently interviewed merchant and financial institution executives to uncover their concerns regarding the ever-evolving payments arena.

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Infographic: BLE vs. NFC

This infographic compares the key similarities and differences between Bluetooth Low Energy (BLE) beacons and Near Field Communications (NFC) in how they are…

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More banks add mobile payments to enhance customer experience

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

According to a recent Independent Community Bankers of America survey, mobile payment offerings continue to rise at community financial institutions.

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RBI, Prizm launch white label line

January 28, 2014

Prizm Payment Services has launched Money Spot, a line of white label ATMs, under license from the Reserve Bank of India. In an initial push, Prizm plans to…

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Free Mercator research series sums up 2014 financial services outlook

January 28, 2014

Will 2014 be a year of fundamental change in payments, or is the industry just tinkering with user interfaces on the fringes while addressing other issues?

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ATMs play a role in FIs’ omnichannel goals

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Mercator Advisory Group's recent "2013 ATM Market Benchmark Report" examines the ways in which the ATM channel is assisting financial institutions in their…

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Paydiant wins patent for smartphone-ATM transaction solution

January 23, 2014

Several months after rolling out a solution that enables ATM transactions from smartphones, the Boston-based mobile payments provider Paydiant has gained a…

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NRF urges transition to more secure and advanced credit, debit cards (Updated)

January 22, 2014

This week, The National Retail Federation sent a letter to congressional leaders outlining the retail industry's commitment to protecting sensitive consumer…

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Tata Consultancy Services launches digital business unit

January 21, 2014

Tata Consultancy Services, an IT services, consulting and business solutions organization, today announced the launch of its Digital Software & Solutions…

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Wells Fargo launches Bitcoin consultative group

January 17, 2014

Wells Fargo has set up a group of experts to discuss rules of engagement with Bitcoin, according to the Financial Times. The group is made up of finance…

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Card fraud: The target on the US market's back

After a widely reported Target breach, consumers are being schooled in realities the ATM industry has known for some time.

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BBVA goes multifunction with new ATMs

January 16, 2014

Spanish FI Banco Bilbao Vizcaya Argentaria is working on two continents to renew its self-service channel. In the U.S., BBVA Compass Bancshares Inc., is…

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Puerto Rican CU cooperative moves to modernize

January 14, 2014

Credicentro Coop, MaunaCoop, CamuyCoop and CoopRincón created USIcoop in 2013 as a means to cost-effectively transform their enterprise technology. Their…

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BECU, PAI partner on surcharge-free ATM access

January 14, 2014

Payment Alliance International, a provider of retail ATM solutions, and BECU, the largest credit union in Washington, have inked a branding agreement covering…

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HSBC expands DCC program

January 13, 2014

Following last year's successful rollout of FX FlexRate to ATM providers and merchants, London-based HSBC is extending its multicurrency pricing and dynamic…

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App allows virtual branch design on a tablet

January 13, 2014

A new tablet-based visualization technology developed by Wincor Nixdorf partner company MXM allows self-service devices to be integrated into actual pictures…

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