Trends / Statistics News & Media
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…
read now1.26B 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…
read nowMillennials 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…
read nowUS 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.
read nowATMIA 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.…
read nowKaspersky 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…
read nowAtlanta'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…
read nowCybercrime 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…
read nowFed 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…
read nowUK 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…
read nowATMIA 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…
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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…
read nowUS 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…
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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…
read nowChatbot 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…
read nowCorporate 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…
read nowFinancial institutions look to tech investment to combat challenger banks
February 21, 2019
A great majority (86 percent) of bankers believe that challenger banks are a growing threat to their business; 44 percent believe they will be the single most…
read nowATMIA throws support behind bans on cashless businesses
February 21, 2019
The ATM Industry Association has confirmed its support for efforts to ban cashless retail businesses in New York City, Philadelphia and Washington, D.C.
read nowContactless payments to drive global card spend to $45T by 2023
February 19, 2019
Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13 percent from the prior year, according to the recent…
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