NFC vs RFID: What's the difference?

by Alan Xiong — Marketing manager, Fdata Co., Ltd

In the contactless industry, we often hear people talk about the difference between near field communication, NFC, and radio frequency identification, RFID.

Adjusting to NACHA rule changes

The NACHA has updated its rules for protecting sensitive customer data for payments. Here's how to stay on top of the new regulations.

Circle appoints former Facebook Financial officer as chief compliance, risk officer

May 28, 2021

Circle, a financial technology firm that offers payments and treasury infrastructure, has appointed Mandeep Walia as its chief compliance and risk officer.

Financial tech provider Amount secures $100M in funding round

May 28, 2021

Amount, a technology provider for financial institutions, has closed a series of funding for nearly $100 million. With this round, Amount now has a post-money…

Sia intros network service to connect banks, fintechs to cloud-based payment infrastructures

May 27, 2021

Sia, a payment services and infrastructure company owned by CDP Equity, has launched its Sia Cloudnet network service to allow banks and fintechs to connect…

Diebold Nixdorf partners with bp to support retail sites, payment technology

May 26, 2021

Global fuel retailer bp has extended its multi-year, managed services agreement with Diebold Nixdorf and will leverage DN AllConnect Services globally to…

Softtouch adds touchless PayPal, Venmo options

May 26, 2021

Softtouch POS & Payments, a fintech company, has introduced touchless PayPal and Venmo payment acceptance capabilities. Now, customers can use PayPal and…

Bank Customer Experience Award entries are now open

May 26, 2021

Entries for the Bank Customer Experience Award are now open. Financial institutions and fintechs can submit entries for unique and innovative solutions.

Bitcoin of America combines traditional with bitcoin ATM

May 26, 2021

Bitcoin of America has introduced a kiosk that combines the functions of a traditional ATM and a cryptocurrency ATM, according to a press release.

What role will cryptocurrency play with ATMs?

by Bradley Cooper — Editor, Connect Media

Bitcoin ATMs present a key opportunity not just for customers but also for retailers, since they can often boost both their bottom line and their brand by…

Presented by Hyosung

Feds to consider digital currency

May 25, 2021

The U.S. Federal Reserve recently announced its intentions to develop a digital currency. Chairman Jerome Powell said in a statement that this currency would…

Russian bank intros cash-counting robot

May 24, 2021

VTB, a Russian bank, has introduced robots to count cash at the cashier desk. This will in turn help increase cash processing speed and free up employees to…

Coinsource expands into Alaska

May 24, 2021

Coinsource, a bitcoin ATM provider, has expanded into Alaska, its 44th U.S. state. It acquired an Alaska Money Transfer License from the Alaska Division of…

ATMIA: Texas ATM human trafficking bill 'based on false premise'

by Bradley Cooper — Editor, Connect Media

A proposed law to register ATMs in Texas to fight human trafficking has drawn criticism from the ATM industry.

Consumer confidence in omnichannel payments is low, prefer in-store, Semafone survey reveals

May 21, 2021

Consumer confidence in the privacy and security of omnichannel payment tools such as social purchasing is low, according to a survey from Semafone, a data…

MoneyGram partners with Coinme to push bitcoin acceptance

May 21, 2021

MoneyGram International Inc., a cross border P2P payments and money transfers company, is partnering with cryptocurrency cash exchange Coinme Inc. to allow…

Cryptocurrency exchange CoinZoom joins Visa's fintech program

May 20, 2021

CoinZoom, a cryptocurrency exchange, has joined Visa's Fintech Fast Track Program to speed up its process of integrating with Visa. With this program, CoinZoom…

Proximity mobile payments see huge growth

May 19, 2021

The number of people using proximity global payments rose by 29% from 2019 to 2020. In 2019, 72 million used mobile payments, and by 2020 that number rose to…

Temenos integrates Taurus SA for crypto assets

May 18, 2021

Temenos, a banking software company, has integrated its Transact banking software with Taurus SA, a digital asset and blockchain infrastructure. With this…

Paysend expands operations in North America

May 18, 2021

Paysend, a global payment ecosystem, has expanded its services into Canada, so U.S. customers can electronically send money to family and friends in that…