The Fed's view on cash

"We spend $1.2 billion a year on cash," said Dan Littman of the Federal Reserve (at the ATM & Mobile Executive Summit.) "We'd like to see cash decline in an…

Infosys survey: Banks looking to mobile to lead innovation

October 23, 2013

Banks increasingly feel the need to innovate, according to a new survey, and they're looking to mobile to lead those efforts.

Mobey Forum explores mobile wallet strategies for FIs

October 17, 2013

Mobile banking collaborative Mobey Forum has released a new white paper, "Mobile Wallet: Strategic Options for Banks." In it, the forum posits that if FIs are…

ATM & Mobile Executive Summit 2013: Payment trends

Where retail card technology goes, ATM card technology goes. In a Sept. 25 panel discussion, "Retail Payment Trends," Marisa Mann, director of client delivery…

PayPal joins ATM makers with QR code-activated transactions

October 8, 2013

In the process of developing smartphone apps that enable cardless, pre-staged ATM transactions, manufacturers mostly settled on QR codes as cardholder…

Did Capital One just say no to NFC?

September 23, 2013

In February, Isis, the NFC joint venture between AT&T Mobility, Verizon Wireless and T-Mobile USA, announced that Chase, Capital One and Barclaycard had…

3 common mobile issues and their solutions

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A hassle-free user experience can make all the difference when introducing mobile apps. However, with new technology comes new problems.

As Brazil, EU roll out mobile banking regs, US says 'Wait and see.'

With regulators watching, 'It's not a question of if FTC regulations are coming, but when,' says one ATM CEO.

FTC official will talk payment regulation, trends at Washington summit

August 22, 2013

The Federal Trade Commission has staked out a leadership role in potential regulation of the mobile payments landscape. And in a keynote address at the first…

DPAs will challenge traditional business models

by Terry Dooley — SVP & CIO, ITS, Inc

According to a recent Gartner report, device-based applications —  also known as digital payment advisors — that recommend the most appropriate payment product…

EFTA previews the ATM & Mobile Executive Summit

Kurt Helwig, president of the Electronic Funds Transfer Association, talks about some of the speakers and topics lined up for this month's inaugural ATM …

Bringing order to the 'Wild West' of mobile financial services

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Regulatory oversight will be critical to consumer confidence in the adoption of ATM-mobile services.

Pulse debit/ATM network turns to Paydiant for mobile commerce solution

August 1, 2013

The debit/ATM network Pulse has enlisted Paydiant, a provider of a cloud-based mobile wallet and offer redemption platforms, to provide a mobile commerce…

Diebold, Paydiant team up on cardless cash withdrawal

July 19, 2013

A partnership between Diebold Inc. and mobile wallet provider Paydiant will allow consumers to use their smartphone, rather than their debit or credit card, to…

New study identifies massive risks facing mobile payments

July 12, 2013

Just when you thought mobile payments might be gaining some credibility, risk analysts at U.K. consultant Riskskill have released what can only be called a…

M-PESA meets Bitcoin with new service in Kenya

July 12, 2013

Known as one of the most innovative — and to date, successful — mobile money programs in the world, Kenya's M-PESA is now dabbling in virtual currencies thanks…

Polish banks partner on new mobile payment standard

July 8, 2013

Poland's largest banks are teaming on a new mobile payment and mobile banking standard scheduled for launch later this year.

BPC Banking Technologies, Russia's Alfa-Bank pilot mobile NFC

June 26, 2013

BPC Banking Technologies, a provider of Open System e-payment solutions for the global financial industry, and Alfa-Bank, Russia's largest private bank, have…

Operator of UK's Link ATM network branches out

June 25, 2013

VocaLink, operator of the U.K.'s national payments infrastructure, including the 65,000-ATM Link network, is branching out into mobile payments. A new company…

3 strategies to help FIs survive in a mobile payments world

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

With mobile wallets providing potential opportunities to work just like credit and debit cards, many financial institutions are wondering, "Could we lose a…