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Bank / Credit Union News

KAL introduces alternative to ATM upgrades

February 5, 2019

KAL ATM Software has announced an innovative solution to the banking industry's long-standing dilemma of endless ATM hardware upgrades required to support new…

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Open banking app Bud raises $20M in Series A led by HSBC, Goldman Sachs

February 5, 2019

Bud Financial Ltd., a London-based fintech with open banking technology that allows rival apps to interact with each other, has raised $20 million in Series A…

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Triton signs on to Withdraw Cash Wednesday as platinum sponsor

January 31, 2019

ATM manufacturer Triton Systems has joined the 2019 Withdraw Cash Wednesday campaign as a platinum sponsor, according to a press release from the ATM Industry…

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Citi mobile app certified by JD Power

January 31, 2019

The Citi Mobile App has officially been certified by J.D. Power for providing customers with "an outstanding mobile credit card experience."

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U.S. credit card market expansion continues through Q3

January 30, 2019

Credit card use continued to increase from the second to the third quarter of 2018, with purchase volumes increasing for sub- and super-prime accounts, but…

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Counterfeit cards used in theft of $62k from Texas bank ATMs

January 30, 2019

Detectives with the forgery squad of the police department in Lubbock, Texas, are investigating a case of counterfeit card fraud that netted nearly $62,000 in…

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India's ATMs: Not just for cash dispensing anymore

January 30, 2019

Data from the Reserve Bank of India show that between January and November of last year, India's debit cardholders had carried out nearly 839 million…

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Unsecured server leaks data from millions of accounts at State Bank of India

January 30, 2019

The State Bank of India reportedly has leaked data from millions of customer accounts, including account numbers, balances, recent transactions and other…

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Qatari Bank rolls out March Networks business intelligence solution

January 23, 2019

March Networks recently announced that a major bank in Qatar is deploying the company's business intelligence software and integrated analytics. 

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Alogent named one of Georgia's top 40 innovative technology companies

January 23, 2019

The Technology Association of Georgia has named Alogent, a provider of end-to-end payment automation, enterprise information management and digital banking…

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Delhi metro transit provider aims to expand ATM availability in rail stations

January 22, 2019

India's Delhi Metro Rail Corp. has announced that by the end of 2019, it intends to ensure that every station in its network will have at least one ATM.

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Co-op report highlights debit trends to watch in 2019

January 18, 2019

Rising instant issuance capabilities and growing PIN debit transaction volumes are boosting credit union debit card programs, according to a new report from…

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West African banks suffer wave of malware attacks

January 18, 2019

Since mid-2017, cybercriminals have been targeting financial institutions in a number of West African countries using a variety of commodity malware programs…

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ATMIA survey seeks information on IAD bank account closures

January 18, 2019

The ATM Industry Association has launched a survey to evaluate the impact of sudden cash settlement account closures experienced by independent ATM deployers.

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US Faster Payments Council announces leadership, 2019 agenda

January 17, 2019

The U.S. Faster Payments Council, a new organization formed to facilitate payments with near-immediate funds availability, has named Kevin Christensen, an…

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Phishing expedition gives hackers entrée to Chile's ATM network

January 17, 2019

Hackers from North Korea's notorious Lazarus Group allegedly took advantage of an unwary employee of Chile's interbank ATM network, Redbanc, in order to…

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Fed balks at OCC plan promoting fintech bank charters

January 15, 2019

The Federal Reserve is concerned about efforts by other U.S. regulatory agencies to grant licenses to fintech firms that would allow them to expand money…

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Survey now open for ATM Future Trends 2019 report

January 15, 2019

The online survey for the 6th biannual ATM Future Trends report is now available online. Individuals representing financial institutions and ATM…

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Prize-dispensing ATM delights Minnesota hockey fans

January 14, 2019

Hiway Federal Credit Union, the official credit union of the Minnesota Wild NHL team, is treating fans at home games this season with an "Automated Prize…

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