Lusis to open first North American support center in Canada

Lusis Payments, a global payments software and services provider, is opening its first North American support center on June 1, in Toronto Canada. Prior to…

An open letter to banks on SMS Authentication

by Chris Stephens — Head of Fraud and Security Analytics at Callsign, Callsign

To protect against fraud, the banking industry needs to find alternative methods for authentication beyond SMS verification.

Study indicates mid-size banks are slow embracing digital delivery and automated services

March 31, 2020

HMBradley officially launches digital bank

March 30, 2020

HMBradley, a startup backed by PayPal Co-Founder Max Levchin, has officially launched its high yield digital banking platform after raising $3.5 million in…

Nymbus automates COVID-19 payroll relief for banks to small business

March 30, 2020

Nymbus will help financial institutions process paycheck protection loans from the U.S. Small Business Administration, which will allow companies to maintain…

Sony Bank launches English-language mobile app for foreign residents

March 30, 2020

Sony Bank Inc. has launched an English-language version of its online banking service, aimed at providing foreign residents in Japan a hassle free way to…

Surcharge free cash, friction free process

In this era of digital transformation, bank customers are increasingly focused on the ability to access cash and conduct a variety of transactions in a…

Cash handling, digital payments spark debate amid COVID-19 pandemic

by David Jones — Editor, Networld Media Group

The coronavirus pandemic has raised a number of concerns about whether consumers would shift towards digital payments amid concerns about cash handling and…

Regulators, banks plan for contingencies as customers rush for cash amid COVID-19

by David Jones — Editor, Networld Media Group

March 16, 2020

Government regulators and bank officials said they were prepared for various contingencies amid reports that consumers are making large cash withdrawals due to…

Associated Bank lobby access temporarily suspended

March 16, 2020

Associated Bank is temporarily suspending lobby access at most branches as of Tuesday, March 17 due to public health concerns regarding COVID-19, the…

Fiserv postpones investor conference, boosts guidance on First Data synergies

March 11, 2020

Fiserv Inc. will postpone its March 25th investor conference in New York until later this year amid heightened concerns about the coronavirus outbreak. The…

Wells Fargo to launch zero- and limited-overdraft fee accounts

March 3, 2020

(Updated at 7:45 p.m. EST with additional background)

Robinhood to offer case-by-case compenstion after trading app outages

March 3, 2020

Robinhood has recovered from a prolonged series of outages this week during one of the most volatile trading periods in U.S. history. The trading app was down…

Time to evolve, not withdraw the ATM

by Ben Hickinbotham — Vice president, MoneyPass, Fiserv

Amid rapid changes in the cash economy and the rise in digital payments, the ATM is likewise facing challenges that have led to an evolution that will meet the…

Capital One to shut 37 branches across US

February 28, 2020

Capital One Financial Corp. is closing 37 bank branches across the U.S. as the bank works to reconcile its traditional banking business with a customer base…

Brink's acquires non-branch ATMs from AIB

February 28, 2020

Brink's has agreed to buy more than 500 remote ATMs from Allied Irish Bank. The agreement comes about a month after AIB and Bank of Ireland put their…

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…

Self-service retailers comfortable with biometrics and privacy rights

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Technology providers using biometric identification believe they can comply with stringent consumer protection laws despite some recent lawsuits.

Four digital banking trends to watch in 2020

In 2020 and beyond, it will critical for banks and credit unions to reevaluate their digital strategies.

Banking for Humanity: Technology to Increase the Human Touch

Technology versus Humanity? Banks have been struggling with the concept of being more personal with their customers. ‘Banking for Humanity’, a concept explored…