Global Payments to acquire TSYS in $21.5B merger

by David Jones — Editor, Networld Media Group

Global Payments is buying TSYS in a merger valued at $21.5 billion, marking the latest in a series of international mergers and acquisitions of payments and…

Paragon Application Systems intros updates to VirtualATM

May 24, 2019

Paragon Application Systems, a provider of payment testing solutions to the financial services industry, has announced several enhancements to Paragon…

PayNearMe marks 10 years, 5K clients

May 24, 2019

PayNearMe, a platform that facilitates cash, debit, credit and ACH payments, is celebrating two milestones — the company's 10th anniversary and its acquisition…

Nuvei to buy UK payments firm SafeCharge for $889M

May 23, 2019

Nuvei Corp. has agreed to buy U.K.-based payments firm SafeCharge International Group Ltd. in a cash deal valued at $889 million (669 million pounds)…

CheckFree founder leads Series B investment in FI Navigator

May 23, 2019

CheckFree Corp. founder and former CEO Pete Kight has led a $2.5 million Series B investment round for Fi Navigator Corp., a web-based data and analytics…

Are you ready to dig in to Windows 10 with your ATM vendor?

by Rebecca Cicarelli — Marketing Director, BranchServ

It's not enough to simply install Windows 10 and call it a day. You need to ask yourself — and your vendors — some questions to ensure that the Windows 1…

Beyond the Blockchain Hype

Blockchain can lower costs and increase certainty thanks to smart contracts and independent client verification. Watch our FinTech Minute video with FIS…

2019 Payments Trends

These four 2019 Payment trends will impact banks, payment providers and customers.

China's banks turn to smart teller, video teller machines as ATM numbers shrink

May 22, 2019

Since the deployment of China's first ATM in 1985, ATM installations rose steadily through 2018, by which times the installed base of bank self-service…

Comforte AG debuts data security solution for payments industry

May 22, 2019

Data security provider Comforte AG has introduced a new data security solution and practice for the payments industry. 

Indian consumers' familiarity with e-payments propels higher retail sales

May 22, 2019

Payments technology company Financial Software and Systems has published India Payment Trends 2018, a report that highlights consumer payment trends, as well…

Why credit card acceptance actually spurs cash use at vending machines

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Research confirms that cashless readers do not undermine cash sales in a vending machine. In fact, the technology serves to increase both cashless and…

Retail-BCG launches SME banking hub for rural UK

May 17, 2019

Retail-BCG has announced the introduction of an "SME banking hub" to help fill the void as banks withdraw from rural markets in the United Kingdom.

Aconite powers debit, credit card launch for South Africa's digital-only Discovery Bank

May 17, 2019

Aconite Technology Ltd. has announced that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Ltd., a South African…

Contactless cards not likely to make much difference in mobile payment adoption

May 17, 2019

A widening rollout of contactless cards has been accompanied by speculation that increased comfort with the technology will spur mobile payments, but it might…

ATMIA issues call for speakers for 2020 US conference

May 16, 2019

The ATM Industry Association has issued a call for speakers for its 2020 AMTIA U.S. conference and expo to be held Feb. 11–13 at Hilton Americas-Houston…

Alogent named one of Georgia's 40 fastest-growing firms

May 16, 2019

Alogent Corp., a provider of deposit automation, item processing, enterprise information management and digital banking solutions for financial institutions…

OpenFin aims to accelerate adoption of app-based software overlay for legacy banking systems

May 16, 2019

OpenFin Inc. has raised $17 million in Series C funding from major financial institutions, led by Wells Fargo & Co., to expand the use of its software for…

Mastercard, Lyft launch co-branded debit, ATM card with immediate funds access

May 15, 2019

Mastercard has announced a co-branded card with ride-sharing firm Lyft that will give drivers immediate access to pay and provide additional benefits aimed at…

US Bank, Chrome River unveil AI-based payment, expense management app

May 14, 2019

U.S. Bank and Chrome River have debuted U.S. Bank Expense Wizard, a mobile payment and expense management tool that uses chatbots and artificial intelligence…