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Trends / Statistics News & Media

Study measures consumer loyalty to banks, use of mobile, ATM channels

March 29, 2019

A new report by Mercator Advisory Group offers a look at consumer satisfaction with banking services. Omnichannel and Branch Banking: The Current U.S. Consumer…

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FICO, Equifax intro Data Decisions Cloud end-to-end data analytics solution

March 29, 2019

FICO and Equifax have rolled out the Data Decisions Cloud, an end-to-end data and analytics suite that addresses the needs of financial institutions related to…

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How open banking enables the digital economy

Open banking represents a huge opportunity for financial institutions. By creating ecosystems to develop new customer propositions and generate new revenue…

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EMVCo publishes industry best practices for Consumer Device Cardholder Verification Methods

March 28, 2019

EMVCo, the industry body responsible for advancing the use of EMV and its specifications, has announced that it is working to promote confidence and…

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Visa, Remitly partner on cross-border remittances

March 28, 2019

Independent digital remittance company Remitly has announced an agreement with Visa that will enable the Remitly digital money transfer platform on the Visa…

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San Francisco to consider ban on cashless merchants

March 26, 2019

San Francisco is considering a ban on cashless retailers, following in the recent footsteps of the city of Philadelphia and the state of New Jersey. 

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Consumer perceptions, operator opportunities in the ATM channel today

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

"Changing consumer ATM habits and how to address these for success," a breakout session at last month's ATMIA US conference, gave financial institutions and…

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eBay adds Google Pay option

March 22, 2019

eBay is introducing Google Pay as an option on its marketplace platform, part of a plan to enhance its managed payments experience with additional options…

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Chase debuts low-cost checkless account for underbanked Americans

March 22, 2019

JP Morgan Chase has announced Chase Secure Banking a consumer account that offers branch and mobile banking services, as well as surcharge-free use of Chase…

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Ensuring high availability for today's technology

The need for high availability in banking systems has become an even greater priority in an environment where 24/7 service and instant payments are a minimum…

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Branch rolls out nationwide pay access for hourly workers

March 21, 2019

Branch, a mobile platform that gives hourly workers advance access to their earnings, said it will roll out the service nationwide beyond its existing base of…

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FIS to buy Worldpay for $35B in cash and stock

March 18, 2019

FIS, a Jacksonville, Florida-based financial technology firm, has entered an agreement to buy Worldpay Inc. for $35 billion in stock and cash, creating one of…

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Alipay, Barclaycard deal caters to Chinese tourists' mobile payments preference

March 15, 2019

Barclaycard, the processor of nearly half of all credit and debit card transactions in the U.K., has entered an agreement with China's Alipay that will allow…

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1.26B fingerprint sensors to ship in 2019

March 15, 2019

The consumer market is expected to reach approximately 1.26 billion fingerprint sensor shipments by the end of 2019, with a 10.3. percent 5-year CAGR increase.

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Cashless trend turning into a contentious debate in UK, US

by David Jones — Editor, Networld Media Group

The rise in cashless payments and the accompanying decline in bank branch numbers —and in some places, ATMs, as well — is building up to a crisis point in many…

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Millennials think cash will go away, but lack credit savvy

March 14, 2019

Most (82 percent) millennials believe society will eventually become cashless, even though they're the generation most likely to favor cash when traveling…

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US consumers set new record with $870B in credit card debt

March 8, 2019

Credit card debt in the U.S. reached a record $870 billion by the end of 2018, according to a report by Bloomberg.

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ATMIA to advocate for cash during annual DC fly-in

March 8, 2019

A nationwide ban on cashless retail will be the focus of Capitol Hill meetings in April when the ATM Industry Association holds its annual Washington, D.C.…

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Kaspersky report tracks financial malware attacks in 2018

March 7, 2019

Last year, 889,452 users of Kaspersky Lab solutions were attacked by banking Trojans, an increase of 16 percent compared with 2017, according to the…

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Atlanta's Mercedes-Benz stadium first in NFL, MLS to go cashless

March 6, 2019

Mercedes-Benz Stadium, home of the Atlanta Falcons and Atlanta United, and host of Super Bowl LIII last month, announced that it will go cashless, becoming the…

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