Report: Cross-border remittance market 'ripe for disruption'

April 25, 2016

Cross-border remittances are a big business: They totaled $582 billion in 2015; in 2016, they're expected to grow to $587 billion; and by 2020, says research…

US migration to EMV drives CNP fraud to alarming high

April 21, 2016

Forter, a provider of fraud prevention systems, has released the latest edition of its Global Fraud Attack Index. The publication reflects the full range of…

WesTech intros check fraud detection featuring Parascript

April 19, 2016

The solution identifies counterfeit checks, finds CAR-LAR mismatches and protects against signature forgeries, the company says.

Cash crisis forces shutdown of Zimbabwean ATMs

April 15, 2016

The country is so short on hard currency that in order to initiate a cash withdrawal, bank customers must queue up and wait for someone else to make a cash…

FSS to provide unified payment interface for major Indian banks

April 14, 2016

The company says that its UPI PSP solution allows FIs integrate multiple channels so that their customers can make P2P and merchant payments from their mobile…

In Europe, surging costs from ATM skimming, physical attacks

April 14, 2016

According to EAST's full-year 2015 report, card fraud carried out in non-EMV markets remains a huge headache for European issuers; locally, lower-tech card…

Report: Digital transactions to reach $8T by 2020

April 13, 2016

Juniper said that the digital commerce market will see strong contributions from three key sectors — digital banking, remote digital goods and remote physical…

UL OK'd by Diners Club for contact, cardless E2E terminal certification

April 11, 2016

UL can now guide organizations that accept Diners Club cards through the payment terminal end-to-end certification process, ensuring global interoperability of…

Pivotal taps Tango for in-house payment processing

April 7, 2016

The Lusis product gives Pivotal an advanced system for acquiring, routing, switching, authenticating and authorizing transactions across multiple channels, the…

ACI, PayNearMe partner on mobile cash tax payments

April 7, 2016

Consumers can make a tax cash payment at a participating 7-Eleven after they scan a PayNearMe barcode.

Survey: M-wallets powered by differing technologies will coexist in the future

April 6, 2016

However, market consolidation within the next two to three years will reduce their numbers, according to a new report on trends in the global payments…

AEVI, EVO partner on payment processing in Europe

April 5, 2016

AEVI's patent processing system will become part of EVO's offering to merchants, banks and independent ATM deployers.

Chase rethinks ATM cash limits for noncustomer withdrawals

April 4, 2016

After upping its per-transaction limit to $1,000, the FI saw some eyebrow-raising cash withdrawal amounts from noncustomers.

EMVCo intros 'payment account reference' to link tokens, accounts

March 29, 2016

PAR can enhance security by limiting references to a cardholder's primary account number within the payment ecosystem, the standards organization says.

The benefits of putting a business lens on ATM big data

For an ATM operator concerned about profitability and the end-user experience, big data is a goldmine — if they can tap into it in a timely, cost-effective way.

UL tool for EMV personalization validation earns AmEx qualification

March 28, 2016

UL says that its EMV personalization validation tool enables testing for AEIPS and ExpressPay chip cards.

UL adds mobile payment module to test tool

March 25, 2016

The UL Mobile Payments Module simulates the behavior of payment terminals with wallet features such as fingerprint ID, mobile PIN and payment card selection.

SmartVista meets with stress test success on HPE Superdome X

March 17, 2016

In a transaction-switching simulation with 1 million card accounts, 100,000 POS terminals and 10,000 ATMs, the solution supported 3,800 TPS, or 13.8 million…

Uber gives drivers faster access to funds with mobile checking account

March 17, 2016

The service is a customized version of Green Dot's GoBank.

Transport for London and the hyping of contactless payments

by Ron Delnevo — Chairman, Cash and Card World

Despite the hype, the reality is that contactless payments last year accounted for less than 3 percent of all Transport for London journeys. That's how much…