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.

Lusis Payments Named as Europe’s 2019 Best Electronic Payment Systems Solution

Lusis Payments is proud to announce that it has been given the award as Europe’s 2019 Best Electronic Payment Systems Solutions by Capital Finance…

How Mexico's war on stolen gas is turning into a war on cash

by Amy Castor — Editor, Networld Media Group

Criminal gangs have been stealing gas in Mexico for decades, but in recent years, the situation has spun out of control. Putting a stop to corruption requires…

ATM Marketplace: July Top 5

by Amy Castor — Editor, Networld Media Group

Second-quarter earnings for one major ATM maker sparkled, and readers were curious about the future as those two topics topped July's most-read stories.

Pulse study shows debit card use rising for e-commerce, P2P and online bill payment

August 1, 2019

Consumers are using debit payments more often to make e-commerce purchases, for online bill payments and for P2P transfers, according to a new study…

NCR surpasses Q2 estimates thanks to boost in ATM sales

by Amy Castor — Editor, Networld Media Group

NCR beat analysts estimates in Q2 2019. Total revenue for the quarter was $1.71 billion, up 11% year over year. Most of the growth came from its banking…

Fiserv completes $22B First Data merger

July 30, 2019

The deal is done. Financial technology company Fiserv Inc. completed its $22 billion all-stock acquisition of New York's First Data Corporation on Monday. 

Don't let China skew the global ATM picture

The number of ATMs worldwide is now in decline, but a big part of that is due to China's rapid adoption of smartphone payment systems. If we take China out of…

Majority of Brits still paying for things with cash

July 24, 2019

Despite all the news that cash is on its way out, a new report from UK's Payment Systems Regulator suggest the vast majority of Brits are still pulling notes…

European fintechs, challenger banks poised to invade US market

by David Jones — Editor, Networld Media Group

A new wave of European fintechs are planning to invade the U.S. banking market with alternative models of savings, payment and new customer relationships that…

Visa invests in Indonesian payment, ride hailing app Go-Jek

July 18, 2019

Go-Jek has evolved into a super app of sorts. It began as a ride-sharing, but now allows its customers to make online payments for food, groceries and a…

Contactless cash cards and the future of ATMs

Current ATMs require regular servicing and advanced physical security measures, like safes, locks and barriers. What happens if we adopt contactless cash cards…

Cash rules the day when Telstra outage cripples ATMs, payment systems across Australia

July 12, 2019

Cash was king for three hours on Thursday in Australia when ATMs and Eftpos went down across the country due to a Telstra outage.

NCR acquires D3 Technology to expand online, mobile banking for large financial institutions

July 2, 2019

NCR Corp. announced the acquisition of D3 Technology Inc., a provider of online and mobile banking for financial institutions. 

Discover enters alliance with Bulgaria's Borica AD on payment card acceptance

June 10, 2019

Borica AD, the owner of Bcard, the national payment system in Bulgaria, announced an agreement with Discover Financial Services to provide acceptance of the…

Mobile banking app Step raises $22.5 million in Series A funds led by Stripe

June 6, 2019

Step Mobile Inc., a mobile banking app for teens and families, said it raised $22.5 million in Series A funds led by Stripe.

FOMO Pay working with Discover to increase acceptance for cardholders

June 4, 2019

FOMO Pay, an integrated payment solution provider to merchants in Singapore, and Discover Global Network, which has more than 44 million merchant acceptance…