Discover grants D-PAS certification to Oberthur EMV platform

September 16, 2014

Certification clears the Cosmo RSA v5 platform for use throughout the Discover Global Network, which includes Discover, Diners Club International, Pulse, and…

MoneyGram bolsters technology platforms with acquisition of Nexxo

September 16, 2014

MoneyGram will use Nexxo technology to expand its money transfer kiosk platform and broaden its service offerings for banks and credit unions.

ATM & Mobile Innovation Summit addresses mobile wallet dilemma

by Will Hernandez — Editor, NetWorld Media Group

With literally hundreds of mobile wallets in the marketplace, how are FIs - not to mention consumers - supposed to settle on just one?

Prepaid card use picks up in August, First Data reports

September 15, 2014

Vacations and back-to-school purchases spurred year-over-year growth of 6 percent in prepaid card use.

India's ICICI Bank adds cardless cash withdrawal capability

September 12, 2014

The FI's customers can now send money to anyone in the country, even if the recipient doesn't have a bank account.

In the US, it's a slow road to faster payments

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Based on its Faster Payments study, the Fed seems to be driving toward an overhaul of the US payments system, but stakeholders prefer a more incremental…

Mercator announces free Viewpoint paper addressing Apple Pay, implications

September 11, 2014

'A Sleeping Giant Awakes: How Apple Pay Works and What it Means for Payments?' explains Apple Pay and explores what it means for the payments value chain.

CSI supports tokenization for mobile payment security

September 11, 2014

Tokenization allows CSI customers to participate fully with leading mobile wallet providers, including the recently announced Apple Pay service.

Apple at the ATM: Will Apple Pay change the conversation about contactless cash transactions?

by Will Hernandez — Editor, NetWorld Media Group

It doesn't seem too over-the-top to assume that the world's favorite smartphone ultimately will gain some foothold in the ATM world, so it's probably a good…

FIs see mounting ATM fraud following Home Depot data breach

September 10, 2014

The retailer says that no PIN data was stolen in the breach. However criminals have found other ways to solve the problem of missing PINs.

Cambridge Mercantile, PNC Bank partner with Fiserv WireXchange

September 9, 2014

The browser-based solution integrates with Fiserv processing platforms and automates the wire transfer process.

Nets Group steps over to Tango for ATM driving

September 9, 2014

The Lusis Payments solution is now driving the Nets ATM estate of approximately 700 withdrawal and deposit ATMs.

For the self-service branch, the future is now

The continuing recognition of the importance of the branch is reflected by the willingness of financial institutions across the world to invest at record…

Digital payments gain ground as HCE hints at FI involvement

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

HCE technology has the potential to advance mobile transactions powered by tethered credit or debit card accounts, says Juniper Research and other industry…

ATM, mobile providers meet up in Ugandan cash-out service

September 8, 2014

Customers of mobile money network MTN will be able to obtain cash at 147 Centenary Bank ATMs across Uganda.

FIS to acquire Clear2Pay for $484M

September 8, 2014

The purchase will bolster FIS’ global payments capabilities and enhance its abilities to deliver differentiated enterprise payments solutions, the company said.

Fed completes research into payment system improvement

September 8, 2014

A representative from the Fed will present a draft of the forthcoming study in a Town Hall meeting this Thursday at the ATM & Mobile Innovation Summit in…

Mobile payments must be relevant, useful, study confirms

September 5, 2014

Young adults are especially interested in wearable mobile technologies that they can use for banking and making payments.

The Fraudulent Four: The world's worst payment frauds and security failures

The payments industry never stops looking for new techniques and safeguards to stop thieves and fraudsters. Even so, we constantly hear about their exploits…

MIT bookstore adds Bitcoin payment option

September 4, 2014

The move makes The Co-op at MIT the first major university bookstore to accept the digital currency as a payment method.