CBN kicks off $50M biometric ATM project

February 20, 2014

While one bank in China tests the waters of biometric authentication at the ATM, an entire nation in Africa is taking the plunge. On Feb. 14, the Central Bank…

Robocoin to launch Bitcoin ATMs in US markets

February 18, 2014

After testing the waters in nations where currency regulations are a little less stringent, a Bitcoin ATM will make its debut in the United States. According…

First Data, TMG streamline EMV implementation for client FIs

February 17, 2014

Payments processing solutions provider First Data and payments processor The Members Group have introduced an expedited EMV implementation program for…

Why multifactor authentication trumps knowledge-based authentication

by Robert Siciliano — speaker, IDTheftSecurity.com

First, what is knowledge-based authentication? KBA is an authentication method that asks the user to respond to at least one question whose correct answer only…

More consumers favoring ATM, RDC check deposit

February 10, 2014

Though the majority of U.S. adults still prefer to deposit checks at the teller window, increasing numbers favor self-service methods for check deposit…

Why banks need to be in the mobile wallet business

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

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

Target puts EMV migration on fast forward

February 5, 2014

This week, Target Corp. called for all stakeholders to take up the "shared responsibility" of payments security as it announced an accelerated timeline for its…

Kansas bank embraces universal teller concept

February 5, 2014

Leawood, Kan.-based Alterra Bank has made the move from a traditional teller line format to a universal banker approach that allows staff and customers to…

Mobile startup seeks to turn businesses into ATMs

February 5, 2014

A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and…

Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

Department of Homeland Security taps FIS for cybersecurity research

February 4, 2014

Banking and payments technology provider FIS has reached an agreement with the Department of Homeland Security under which the company will serve as a…

Canada's Parliament mulls 50 cent off-us fee cap

February 4, 2014

It shouldn't cost Canadians as much as $3 to get access to their own money at a cash machine, a member of Canada's Opposition party asserts. The party wants to…

Will MCX eclipse branded payment networks?

A major issue clogging the road of payment evolution toward MCX is where account holders' value is stored. Another issue is the MasterCard/Visa duopoly that…

London transport authority ends cash payment for bus fares

February 3, 2014

According to Transport for London, the 1 percent of Londoners who pay bus fares with cash cost the city 24 million pounds ($39.15 million) per year. So, the…

Senate hearings on data breach hint at a long road to remedy

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

But first, the 'blame storm.'

Independent review firm names '10 best EMV compliance consultants' for February

February 3, 2014

Topcreditcardprocessors.com has ranked the 10 best EMV compliance consulting firms for the month of February. Each month, the payment processor review firm…

Two-vendor solution helps ensure uptime at rural Italian ATMs

January 29, 2014

NCR Corp. and INETCO Systems Ltd. are working in partnership with Sinergia, an Italian provider of centralized ATM network infrastructure, to improve the speed…

How often are data breaches really reported?

by Kevin Christensen — Vice President, Audit, SHAZAM

Many Target customers are upset, and understandably so. In their view, the retailer did not do enough to protect their private information from the crooks.

Cash: It really is 'Everywhere You Want to Be'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Having an EMV-enabled card in Europe is one thing. Being able to use it is another.

E-payments industry continues to face hurdles

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

In its seventh annual overview of the status of the electronic payments industry, Digital Transactions looks closely at ongoing interchange issues, virtual…