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Bank / Credit Union News

Visa launches pilot test of biometric EMV cards

January 16, 2018

Visa has initiated the first commercial test of an EMV dual-interface payment card with on-card biometric ID, according to a press release. 

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Digital banking solutions provider Alkami secures funding for growth

January 12, 2018

Alkami Technology Inc., a provider of digital banking solutions to credit unions and banks, has announced a strategic investment by General Atlantic, a growth…

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Wells Fargo rolls out Fitbit Pay mobile payment capabiltiy

January 12, 2018

Wells Fargo & Co. has partnered with wearables provider Fitbit to launch Fitbit Pay, a solution that will allow the financial institution's customers to…

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ICBA Bancard offers NYCE access to community banks

January 11, 2018

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America, has announced that it will offer NYCE Payments Network LLC…

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TD Bank onboards AI expertise with acquisition of Layer 6

January 11, 2018

TD Bank has announced the acquisition of Layer 6 Inc., a Toronto, Ontario-based artificial intelligence company.

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Dolphin Debit adds 5 FIs to ATM management portfolio

January 9, 2018

Dolphin Debit, a full-service ATM management company, has been tapped to provide services for five financial institutions — including four credit unions and…

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Visa, Dynamics unveil multifeature wallet card

January 9, 2018

Visa Inc. and Dynamics Inc., an intelligent card developer, have unveiled the Dynamics Wallet Card, a connected payment card slated for availability early this…

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Nearly 1 in 5 foreign bank ATMs shuttered in India

January 2, 2018

Foreign bank ATM numbers have declined 18 percent in India over the last three years, according to the Financial Express.

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JCB to issue new credit card in Vietnam

December 28, 2017

Sacombank, one of the largest commercial banks in Vietnam and JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd. has announced…

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Partnership puts card control in Chinese consumers' hands

December 28, 2017

Perth, Australia-based fintech provider Tranwall Ltd. has signed a nonexclusive reseller agreement with Union Mobile Financial Technology Co. Ltd., a Chinese…

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Rabobank expands surcharge-free ATM access with Allpoint

December 28, 2017

Customers of Roseville, California-based Rabobank N.A. now have surcharge-free access to thousands of additional ATMs through an agreement with the Allpoint…

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North Carolina FI expands digital payments based on Picture Pay success

December 26, 2017

Southern Bank, a Mount Olive, North Carolina-based financial institution, has expanded on its launch of Picture Pay photo bill pay. The bank has implemented…

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BS/2 receives 2nd Product of the Year award for ATMeye.iQ solution

December 21, 2017

ATMeye.iQ, a self-service security and monitoring solution developed by Lithuanian banking technology provider BS/2, has received the 2017 gold medal for…

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Parties told to 'engage constructively' to preserve free-to-use ATMs in UK

December 21, 2017

British MP Nicky Morgan, chair of the governments Treasury Committee, has written to Link chairman Mark Boleat urging parties involved in the dispute over ATM…

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POPin Video Banking picks up California credit union

December 19, 2017

POPin Video Banking Collaboration, an interactive mobile video banking solution, has partnered with South Bay Credit Union in Redondo Beach, California, to…

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RBS to shutter one-quarter of remaining UK branches

December 15, 2017

The Royal Bank of Scotland has announced plans to close 259 branches — a 25 percent network reduction for a financial institution that has already downsized…

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Russian hackers quietly drain $10M from ATMs

December 12, 2017

Russian security firm Group-IB has said that a series of long-unnoticed attacks on interbank transfer systems and ATMs has resulted in losses of nearly $1…

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MasterCard Cash Pick-Up picks up partner FI

December 8, 2017

Cross River Bank, a New Jersey-based financial institution, has launched MasterCard Cash Pick-Up. Cash Pick-Up allows banks and their disburser partners to…

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UK banks drop the ball in digital onboarding of customers

December 8, 2017

Traditional banks in the U.K. are losing ground to challenger banks when it comes to digital banking services, according to the new report, UK Bank Accounts: A…

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FIS helps Fifth Third accelerate timeline to real-time payments

December 8, 2017

Fifth Third Bank has tapped payment technology provider FIS to enable real-time payments through The Clearing House RTP, a real-time payments system.

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