Security: The key to consumer acceptance of cardless ATMs

Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs. But for the technology…

Venezuelan inflation rate could hit 2,000 percent by end of year

December 28, 2017

The Venezualan economy is in dire straits as the South American nation's currency — the bolivar — has weakened more than 97 percent against the dollar. Just as…

Michigan company to purchase patent covering bitcoin ATM transactions

December 28, 2017

DNA Dynamics Inc. has announced that its U.K. subsidiary, DNA Interactive Ltd., has signed a binding term sheet to acquire a patent that requires bitcoin ATM…

TSYS to acquire payment tech provider Cayan

December 26, 2017

TSYS, a payments solutions provider, has entered into an agreement to acquire Cayan, a payment technology company. According to a company press release, the…

Fed releases preliminary numbers on payment instruments

December 26, 2017

The Federal Reserve System has released early results from its 2017 annual update of the Federal Reserve Payments Study, which contains new estimates of trends…

Future for mobile payments brighter across the pond

December 26, 2017

In the United States and the United Kingdom, a growing ecosystem of mobile payment providers is vying to become consumers' go-to payment method at checkout.

Parties told to 'engage constructively' to preserve free-to-use ATMs in UK

December 21, 2017

British MP Nicky Morgan, chair of the governments Treasury Committee, has written to Link chairman Mark Boleat urging parties involved in the dispute over ATM…

Nets, OpenWay collaborate to monetize PSD2, open banking

December 19, 2017

Nets, a Nordic digital payments specialist, and OpenWay Group, a Brussels-based digital payment software developer, have published a white paper for…

Indian government announces new program to encourage noncash transactions

December 19, 2017

India is again stepping up efforts to displace cash with cards for everyday consumer purchases.

American consumers getting behind bio ID idea

December 15, 2017

A new Visa survey of 1,000 Americans confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier and…

Cardtronics UK says Link fee cut would force ATM fleet reductions, surcharges

December 14, 2017

If the U.K.'s Link ATM network proceeds with a plan to reduce fees paid by banks for off-us transactions, the nation's largest ATM provider, Cardtronics U.K.…

AmEx scraps signatures, leaves Visa as sole holdout

December 14, 2017

American Express has said that starting in April it will no longer require a cardholder signature for transactions at the point of sale anywhere in the world.

Payment card use outpaces issuance as acceptance grows

December 14, 2017

The number of card payments worldwide increased 14 percent in 2016, to 310 billion, though card numbers grew at a significantly slower rate of 8 percent.

Inetco intros centralized switch monitoring for application performance

December 14, 2017

Inetco Systems Ltd., a provider of real-time transaction monitoring and analytics software for financial institutions, independent ATM deployers and payment…

Discount for Cash program a win for consumers, merchants, IADs

December 12, 2017

FlatRatePay, a division of GivePay Commerce, has introduced Discount for Cash, a merchant processing program that eliminates credit card fees paid by the…

CoinMetro Exchange enables ATM cash-out for cryptocurrency

December 12, 2017

CoinMetro, a cryptocurrency trading platform, has announced the release of CoinMetro Exchange. According to a company press release, the solution will simplify…

MasterCard Cash Pick-Up picks up partner FI

December 8, 2017

Cross River Bank, a New Jersey-based financial institution, has launched MasterCard Cash Pick-Up. Cash Pick-Up allows banks and their disburser partners to…

FIS helps Fifth Third accelerate timeline to real-time payments

December 8, 2017

Fifth Third Bank has tapped payment technology provider FIS to enable real-time payments through The Clearing House RTP, a real-time payments system.

Report correlates mobile banking features, customer favor

December 8, 2017

Malauzai Software, a provider of mobile and internet banking apps for community financial institutions, has released its December Monkey Insights report.

Apple Pay joins P2P players

December 7, 2017

Now U.S. consumers have yet another P2P payment alternative besides Zelle, Venmo and (as always) cash. On Tuesday, Apple announced in a press release that…