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…

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…

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…

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…

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.

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…

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…

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.

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.…

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…

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…

Cybercrime report shows increased attacks on mobile financial services

March 6, 2019

ThreatMetrix, a unit of LexisNexis Risk Solutions , has released its cybercrime report for the second half of 2018. ThreatMetrix recorded 244 million…

Fed paper looks at ATM's influence in decisions about cash use

March 4, 2019

The Federal Reserve Bank of Atlanta has published How the ATM Affects the Way We Pay, a working paper that examines the influence of the ATM on consumers' use…

UK consumer group says digital banking outages underscore need for cash

March 4, 2019

British banks experience an average of 1.2 IT or security failures daily that prevent customers from making payments, according to Which, a U.K. consumer…

ATMIA launches survey to determine next-gen ATM readiness

March 1, 2019

The ATM Industry Association has launched a brief survey whose goal is to determine the readiness of ATM deployers worldwide for its proposed next-gen API…

Study examines trends in branch transformation and self-service

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Our newly released free report investigates international trends and practices in branch transformation and highlights the self-service technology that…

US Payments Forum launches site to help merchants mulling contactless

February 28, 2019

Growing numbers of merchants are showing interest in enabling contactless payment for their customers; the U.S. Payments Forum has launched a…

Secrets of effective cash management

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As central bank interest rates rise and cash handling costs grow, the topic of cash management is getting a great deal of play across the banking and retail…

Chatbot integration to save banks $7.3B by 2023

February 22, 2019

Juniper Research has released a study showing that banks will save $7.3 billion in costs globally by 2023 through the increased use of chatbots, up from $20…

Corporate finance execs want more help from FIs to fight financial crime

February 22, 2019

Corporate treasury and finance professionals anticipate more operational challenges in 2019 than in previous years, according to a poll conducted by TD Bank at…