Podcast: ATMIA's David Tente talks the future of cash

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In this ATM Marketplace podcast, host Suzanne Cluckey talks to David Tente, ATMIA's executive director, USA and Americas, to get his thoughts on the future of…

Presented by ATMmarketplace.com

Podcast: How FIs can score top-of-wallet placement with contactless cards

by Amy Castor — Editor, Networld Media Group

Contactless payments have caught on in the U.K., Canada and Australia, but they’re still in their infancy in the U.S. Fiserv's director of payment products…

Deutsche Bank buys 4.9% stake in open banking fintech Deposit Solutions

September 19, 2019

Deutsche Bank said it acquired a 4.9% stake in German-based fintech Deposit Solutions, according to announcements from both companies. 

Amazon PayCode launches in US for people who pay in cash

September 18, 2019

Amazon wants to make it easier for customers to pay with cash. 

Chime recovers from weekend outage in mobile banking app, card transactions

September 17, 2019

Chime, the San Francisco-based challenger bank, confirmed that it experienced a brief outage Sunday that left customers unable to complete certain card and…

Wells Fargo to launch digital currency on its blockchain platform

September 17, 2019

Wells Fargo & Co. announced plans to launch a digital currency called Wells Fargo Digital Cash on its blockchain platform. Clients will be able to use…

Greenlight Financial raises $54M with backing from JPMorgan, Wells Fargo

September 16, 2019

Greenlight Financial Technology Inc., said it raised $54 million in Series B funding led by Drive Capital, with backing from JPMorgan Chase and Wells Fargo. 

Mastercard to pay UK shops to offer cashback

September 13, 2019

Payment provider Mastercard is launching a new initiative to broaden cash access in the U.K., according to a company press release. 

Mastercard testing open-loop B2B payments service Mastercard Track for 2020 launch

September 12, 2019

Mastercard announced the launch of Mastercard Track, an open-loop business payments system designed to help automate the $125 trillion B2B market between…

Paragon enhances web-based testing platform for FIs

September 10, 2019

North Carolina-based Paragon Application Systems, a provider of payment-testing solutions for the financial services industry, has enhanced its Web FASTest…

Diebold Nixdorf CEO: ‘Bank branches are here to stay’

by Amy Castor — Editor, Networld Media Group

Gerrard Schmid, the CEO and president of Diebold Nixdorf, argues that bank branches are here to stay, despite banks' efforts to cut costs and threats from…

ING partners with Dutch supermarket to trial cashierless store

by Amy Castor — Editor, Networld Media Group

September 9, 2019

ING has joined forces with Dutch supermarket chain Albert Heijn and U.S. tech startup AiFi to pilot a cashierless store. The partners have built a…

Grab investing $150M to create 'super app'

September 5, 2019

Grab Holdings Inc. plans to spend about $150 million on artificial intelligence and to hire additional engineers to help create a regional "super app" that…

Renovite appoints Sanjay Mishra as CDO

September 4, 2019

Payment specialist Renovite Technologies has appointed industry veteran Sanjay Mishra as its chief delivery officer. In the position, Mishra will lead…

Rapyd teams with Hong Kong's TNG Fintech to boost cashless transactions

August 29, 2019

Rapyd, a fintech as-a-service startup, has partnered with TNG Fintech Group Inc., a Hong Kong-based digital wallet operator, to boost cashless transactions. 

What Visa and Mastercard don't want you to know about cash

by Ron Delnevo — Chairman, Cash and Card World

Cash is the quicker choice. The average cash payment transaction at the point of sale takes only around 22 seconds, 7 seconds faster than the average card and…

Bank of America reports surge in Zelle users in 2019

August 21, 2019

Bank of America's person-to-person use of mobile payment network Zelle surged this year. The uptick in usage was driven mainly by millennials and Gen Z in…

EMVCo releases proposed spec changes to support 8-digit issuer ID codes

August 16, 2019

Payment card standards body EMVCo released proposed specification changes Thursday for payment systems to accommodate longer numbers on credit and debit cards…

Cash won't die in America — it's too darn convenient

August 15, 2019

Cash is still king when it comes to buying things like a cup of coffee, pack of gum or a pint of beer in the U.S. Why? Because it's faster and often more…

Lusis Announces Strategic Partnership with DataCare Zrt

In the new agreement, Lusis will provide software solutions that will reside in DataCare’s Data Centre.