Walgreens expands Alipay acceptance in deal with Ant Financial

February 14, 2019

Alipay is partnering with Walgreens in a deal that will allow millions of Chinese visitors to the U.S. to make mobile payments at the point of sale, according…

ACI acquires RevChip, TranSend to enable cloud-based payments platform

February 13, 2019

ACI Worldwide has acquired the technology assets of RevChip, a firm that provides software for Apple Pay, and TranSend, an affiliated data migration firm…

Chinese programmer who found ATM system flaw gets 10 years in prison

February 12, 2019

A computer programmer at China's Huaxia Bank who found a flaw in the FI's core system and used it to withdraw more than $1 million from ATMs will spend the…

ATM and IoT security: Be proactive to be protected

Consumers have no doubt adopted payment apps and digital banking to manage their finances, but ATMs remain a common platform for transactions. They also remain…

Wells Fargo customers report ATM, mobile, online banking outages

February 8, 2019

Wells Fargo mobile and online banking services were disrupted today due to a systems issue that caused intermittent outages, according to a series of Twitter…

Co-op integrates Cooper fraud analyzer into shared branch program

February 7, 2019

Co-op Financial Services has announced that Cooper Fraud Analyzer is now part of Co-op Shared Branch. Network transactions for credit unions participating in…

Mastercard names Vocalink CEO president of new payment platforms

February 7, 2019

Mastercard has named Vocalink CEO Paul Stoddart president of new payment platforms as of March 1, according to a press release. Stoddart succeeds David Yates…

Debit card use on the decline, study finds

January 31, 2019

The number of consumers who use debit cards for purchases has declined steadily since 2011, the year following enactment of the Durbin Amendment, and now…

U.S. credit card market expansion continues through Q3

January 30, 2019

Credit card use continued to increase from the second to the third quarter of 2018, with purchase volumes increasing for sub- and super-prime accounts, but…

India's ATMs: Not just for cash dispensing anymore

January 30, 2019

Data from the Reserve Bank of India show that between January and November of last year, India's debit cardholders had carried out nearly 839 million…

UK Link unveils 'super premium' fee for ATMs in underserved areas

January 29, 2019

As of April 1, ATM operators using the U.K. Link network will be eligible for a new "super premium" that will increase payments for a cash withdrawal to as…

Alogent, Partner Colorado CU roll out merchant RDC

January 29, 2019

Alogent, a provider of end-to-end payment processing and digital banking solutions for financial institutions, has announced that Partner Colorado Credit…

Discover, Garmin partner on mobile payment solution

January 28, 2019

 Discover and Garmin International Inc., have teamed to offer Garmin Pay to Discover cardmembers.

Bitcoin ATM company strikes placement deal with Simon malls

January 25, 2019

Chicago-based Crypto Dispensers has announced that it is placing bitcoin ATMs in shopping malls owned by Simon Property Group and Brookfield Properties, the…

How cash management technology can level the analytical playing field

Retailers have always accepted the overhead costs associated with cash management, but new cash automation systems allow them to reduce the cost of cash…

Apple Pay wins over Target, Taco Bell

January 24, 2019

Apple has added several partners to its Apple Pay service, including retailing powerhouse Target, Hy-Vee supermarkets and the Speedway convenience store chain.

Mercator releases 2019 forecast for U.S. payment trends

January 23, 2019

Mercator Advisory group has released its 2019 Outlook: U.S. payments. The docyment is compiled from Outlook publications released in late 2018 for each of the…

Alogent named one of Georgia's top 40 innovative technology companies

January 23, 2019

The Technology Association of Georgia has named Alogent, a provider of end-to-end payment automation, enterprise information management and digital banking…

Fintechs, digital banks reach out to workers impacted by government shutdown

by David Jones — Editor, Networld Media Group

Fintech companies, mobile banks and others are granting waivers, extended payments and other services to help workers impacted by the government shutdown.

Co-op report highlights debit trends to watch in 2019

January 18, 2019

Rising instant issuance capabilities and growing PIN debit transaction volumes are boosting credit union debit card programs, according to a new report from…