Litecoin Foundation partnering with MeconCash on e-commerce, ATM access

February 28, 2020

Litecoin Foundation is partnering with MeconCash to integrate Litecoin into its MPay platform, a deal that will allow the the digital currency to be used for…

Level launches high interest banking app

February 19, 2020

Level, a San Francisco-based neobank startup, has launched with an industry leading 2.1% APY and cashback debit card, marking the latest entry in the growing…

Cardtronics enables cash balance reloads for Amazon customers

February 18, 2020

Cardtronics, the largest ATM operator in the world, announced that Amazon customers can load cash onto their Amazon cash balances at up to 400 of its ATM sites…

Nippon Platform, Hana Bank partner on international digital payments hub

February 17, 2020

Nippon Platform Co. and South Korea-based Hana Bank have partnered to expand Hana Financial Group's global alternative payment hub, called Global Loyalty…

Contactless payments tripling by 2024

February 11, 2020

Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet…

As ATM industry gathers in Houston, major innovations and challenges impact business

by David Jones — Editor, Networld Media Group

As the ATM industry gathers in Houston for the ATMIA U.S. Conference 2020, industry experts say there are a number of issues that are impacting the industry…

Barclays signs extension deal with Visa

February 10, 2020

Barclays, which processes almost half of the credit and debit card transactions in the U.K.,  has signed a new, multi-year partnership deal with Visa…

Visa gains on holiday e-commerce, retail spending

by David Jones — Editor, Networld Media Group

Visa reported strong earnings during the fiscal first quarter, fueled by solid e-commerce and retail spending that offset weaker travel and restaurant spending.

SoFi partners with Bancorp Bank on cash management account

February 5, 2020

The Bancorp Bank announced a partnership with digital personal finance startup SoFi to provide back-end banking services and be the exclusive card issuer for…

PayPal acquisitions squeeze earnings outlook

by David Jones — Editor, Networld Media Group

PayPal shares fell Thursday after the company warned that a slew of recent acquisitions would put a slight dent in near-term forecasts. The payments firm has…

How self-service technology and digital payments are impacting retail

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Self-service technology allows retailers to meet customer expectations established by the pioneering tech efforts of brand's, like Starbucks. These…

Mastercard opens cyber research center in Vancouver

January 23, 2020

Mastercard has opened a Global Intelligence and Cyber Centre in Vancouver, Canada, allowing it to research digital and cyber security, artificial intelligence…

Pulse names EVP of product management

January 22, 2020

Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management. 

Tokenized mobile payment revenue to reach $17B

January 20, 2020

Annual revenue from tokenized mobile payments will more than double from $17 billion in 2019 to $40 billion by 2024, according to a new report from Juniper…

Amazon exploring palm biometric technology for retail checkout

January 20, 2020

Amazon is working on new checkout terminals that would allow shoppers to make payments using biometric data found on their palm prints rather than having to…

Mastercard kicks off massive climate change effort with Citi, IHS Markit, others

January 17, 2020

Mastercard has launched the Priceless Planet Coalition, a massive effort to combat climate change that will involve a five-year commitment to plant more than…

Paysafe expands omni-channel payment offerings with Handpoint

January 14, 2020

Paysafe has expanded its omni-channel offerings with the launch of the Cloud SDK from Handpoint, a firm that specializes in integrated payments. 

CompoSecure sees surge in metal card demand

January 13, 2020

CompoSecure, a provider of premium financial payments cards, reported strong growth in 2019 as well as a potential surge in 2020, amid increased market demand…

American Express opens Centurion and Escape lounges at Phoenix Sky Harbour airport

January 6, 2020

American Express and Mag USA announced the opening of The Centurion Lounge and Escape Lounge at Phoenix Sky Harbour International Airport, which will offer…

3 lessons from Apple Card: How FIs can deliver a frictionless, consumer-centric experience

Apple Card is designed to be the ultimate consumer payments card — a centralized hub to intelligently manage and track spending and gain insight into payment…