Can financial institutions monetize cash transactions?

What if banks could introduce a payments innovation that would raise consumers' estimation of them and add to the bottom line in the process? Maybe they can.

Bank of Ireland ATM policy peeves consumer groups

November 5, 2015

The bank unleashed a torrent of criticism when it introduced new rules that required customers to use ATMs rather than teller windows.

Survey: For payment safety, consumers trust banks the most

November 4, 2015

Three-quarters of consumers trust banks to protect their payments, while only 1 percent trust major retailers or telecom companies to do so, an ABA study finds.

N&TS solution promises easier EMV integration for FIs

November 3, 2015

In addition to EMV cards and card management, the N&TS Group Financial System Suite includes ATM and Web ATM management, home banking, and mobile banking.

Webinar: Initiatives, strategies and new approaches for payment transformation

As payment services organizations continue to drive some of the biggest changes in global payments, how can companies determine which strategies will work best…

Card brands and issuers needled about PIN

In advocating for credit chip and PIN, US retailers are using the same 'consumer security' pitch against the card brands that the brands once used to sell EMV…

ATM industry group calls out media, pols for 'misleading' statements about fees

November 2, 2015

The ATM Industry Association says that political interests have branded the fees "exploitative" and "usurious," while making little or no effort to determine…

Fiserv, Early Warning partner to push real-time bill payments, deposits

November 2, 2015

The partnership will initially facilitate real-time bill payment and deposit capabilities for users of the NOW Network from Fiserv or the good funds network…

Card-accepting merchant outlets to double by 2020

October 30, 2015

An RBR report sizes up the current state and future outlook for card acceptance worldwide — and questions whether Visa and MasterCard can keep pace with…

State Bank of India subsidiary to adopt Euronet ATM/switch system

October 29, 2015

The project will help SBI to successfully pursue a goal of increasing its retail banking presence in Indonesia, Euronet says.

Yes, that was my money and I saw it on TV!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

If we get omnichannel backend processing correct, it doesn't matter all that much where the channels head or what device is on the other end.

Early Warning intros Authentify single-interface authentication

October 27, 2015

The new solution ​simplifies the management of identity risk and unifies authentication across all channels, the company says.

US FIs form secure real-time payments network

October 27, 2015

Early Warning, the fraud protection and risk management arm of major US banks, will acquire clearXchange, the nation's largest bank-owned digital payments…

MasterCard to drive payments for the Internet of Things

by Will Hernandez — Editor, NetWorld Media Group

At Money 20/20, the card network announced a new program that will enable companies to add card credentials to devices such as automobile key fobs, smart rings…

Study examines 'The value of cash on the UK high street'

October 23, 2015

New research from Cardtronics UK shows that nearly a quarter of 'main street' merchants have lost profits due to a decline in customer access to cash.

Mobile payments set to dominate discussions at Money 20/20

by Will Hernandez — Editor, NetWorld Media Group

EMV and bank innovation also should be hot topics next week in Las Vegas, writes Mobile Payments Today Editor Will Hernandez.

Mexican government policy drives growth in e-payments

October 9, 2015

Payment cards are gradually making inroads on cash, as the government and banks begin to provide basic financial access to the population.

Study: Noncash payments growing faster than GDP

October 9, 2015

Growth has likely been propelled by economic recovery in mature markets, rapid expansion in China, adoption of mobile and contactless, and faster payment…

US ATM fees reach record high

October 5, 2015

A just-released study from Bankrate.com says that ATM fees have increased by 21 percent within the past five years.

US EMV effort raises hackles of fraud watchdog

October 2, 2015

Consumer advocate ProtectMyData argues that the chip-and-signature implementation favored by US financial institutions lacks teeth.