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Bank / Credit Union News

NACHA faster payments proposal wins ABA support

February 5, 2015

Bankers opposed a 2011 proposal by NACHA; the payments association has amended its new proposal to address their concerns.

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Cashing out card rewards? Wells Fargo customers can do it at the ATM

February 5, 2015

A new option allows Wells Fargo cardholders to turn card rewards into account credit or cash at 12,500 ATMs nationwide.

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Good migration: Study finds increasing uptake of EMV in ATM channel

February 2, 2015

The free downloadable report by the ATMIA reveals that more than 60 percent of ATM operators expect to be EMV-capable by the end of 2016.

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Citizens Bank, Fiserv prolong payment solutions agreement

February 2, 2015

The seven-year deal applies to Fiserv payment and account transfer solutions that include CheckFree RXP, Popmoney and TransferNow.

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Russian bank fights rising payment fraud with real-time software solution

January 30, 2015

Wincor Nixdor worked with Tinkoff Bank to implement IRIS, which provides transaction histories for any number and type of payment channels.

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TD putting 'Smart ATMs' to the test in Canada

January 23, 2015

The ATMs offer enhanced withdrawal and deposit functionality; TD says that early feedback from users has been positive.

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Fiserv mobile app puts card management in the hands of cardholders

January 23, 2015

CardValet lets cardholders monitor and control how, when and where their card is used — and set limits on spending.

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Customers Bank launches mobile-only FI with network of 55K free ATMs

January 21, 2015

The mobile FI is focused especially on serving demographic groups that include millennials, Gen X-ers, and tech-savvy baby boomers.

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Bankers praise SCOTUS decision to let interchange ruling stand

January 21, 2015

An appeals court previously rejected retailers' efforts to reduce the interchange cap set by the Fed pursuant to the Durbin Amendment.

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Saudi FI, GRG kick off phase two of optimized cash collection project

January 20, 2015

Phase one reduced cash handling time for retailers, streamlined cash collection for the bank and its CIT provider, and improved security for all, the partners…

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ABA endorses Fiserv DNA account processing platform

January 20, 2015

The platform uses open architecture, scalable technology and capabilities to help banks achieve their business and service goals, ABA said.

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Bottomline acquires cyberfraud solutions provider Intellinx

January 20, 2015

Intellinx solutions monitor, replay, and analyze user behavior across multiple channels, and instantly flag and stop suspicious activity, the company says.

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Co-op breaks 3B benchmark in member payment transactions

January 20, 2015

The company also broke its previous records for volume-per-second, -minute, -hour, and -day on Dec. 24, 2014.

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USAA adds biometric recognition to mobile banking app

January 19, 2015

All stateside members will soon have the option to use their voice or face to quickly and securely access their account information, the FI says.

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New Inetco Analytics application mines ATM transaction big data

January 16, 2015

A new software application for customer analytics provides on-demand access to consumer experience, use and profitability data, the company says.

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Pinnacle Bank, NuSource Financial strike ATM maintenance agreement

January 16, 2015

Minnesota-based NuSource will provide ATM maintenance services for Pinnacle's multivendor fleet in five Midwestern states.

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Monitise to offer mobile money services for MoneyPass network

January 16, 2015

Features include core mobile banking services such as balance checks and transfers, as well as more advanced services such as mobile check deposit and…

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New research weighs importance of systems monitoring for FIs

January 13, 2015

A new research note from Mercator demonstrates why advanced systems monitoring is essential for FIs' increasingly complex IT infrastructure.

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Virginia lawmakers seek to prevent CUs' use of ATM as service facility

January 12, 2015

The legislation appears to run counter to a decision by the NCUA that a video teller device may serve as a service facility under certain circumstances.

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Aussie FIs' ATM fees 'an outrage,' watchdog group says

January 12, 2015

The consumer watchdog group CHOICE is particularly incensed by Bendigo and Adelaide Bank's practice of charging its customers to use their home bank's ATMs.

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