Breaking Windows: Why FIs are abandoning the longtime OS for ATMs

by atm Atom — blogger, atmatom

A growing number of FIs are deciding to walk away from Windows-based ATMs. Some are questioning the wisdom of continuing to invest in a platform that appears…

Cardstream, Mastercard partner on digital payment options in UK

December 13, 2018

Cardstream, the largest independent provider of white label payment software in the U.K., has entered a partnership with Mastercard to provide digital payment…

Banks can increase deposits 16.5 percent with improved CX, study shows

December 13, 2018

U.S. retail banks can increase deposits up to 16.5 percent by improving elements of their customer experience, according to new analysis conducted by Kantar.

'Grandparent scam' adopts low-tech payoff — mailed cash

December 11, 2018

In 2018, the Consumer Sentinel Network of the Federal Trade Commission has seen a striking increase in the median dollar amount people 70 and over say they…

5 ways your LinkedIn profile could be holding you back

by Alicia Blanda — Chief Marketing Officer, Blanda Marketing & Public Relations

LinkedIn started as a basic networking and job search tool, but has become so popular that business-minded professionals use it regularly to build important…

Elavon partners with GeorgiaTech incubator program to support fintech innovation

December 7, 2018

Elavon, a global payments provider and subsidiary of U.S. Bancorp, has announced a three-year financial commitment to financial and payments technologies…

Digital channels claim greater share of holiday spending, Co-op data shows

December 7, 2018

Increasingly, credit and debit cardholders are completing their holiday shopping via digital channels and spending more money on experiences, according to a…

Brits download financial apps, but don’t use them

December 7, 2018

The U.K. is the third largest market in Europe for financial apps, increasing their download activity 19 percent since 2017. However, Brits are remarkably…

Metal payment cards preferred over plastic in consumer survey

December 6, 2018

That's according to a recent study by CompoSecure LLC, a provider of premium financial cards. In a survey commissioned by the company, 59 percent of consumers…

Open banking, fintechs and the shape of things to come

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

At the Bank Customer Experience Summit this fall in Chicago, Ryan Tuttle of Euromonitor International spoke with Tim Tang, director of enterprise solutions at…

Study sheds light on account overdraft effects, alternatives for banks, customers

December 4, 2018

Consumers tend to disregard potential consequences when they spend or withdraw from their checking account, due to impulsive spending habits. And because of…

Mobile payments users spend more, more often than consumers using traditional payments

December 4, 2018

Paying for consumer goods with a smartphone affects the overall transaction amount and frequency of purchases, according to new research co-written by a…

3 drivers of a cashless society

The payments landscape is witnessing a nonstop whirlwind of transformation that shows no signs of abating — and that is being enabled by three innovations in…

Visa, Mastercard among top 10 most valuable US brands

November 30, 2018

Payment card networks Visa and Mastercard have secured the No. 5 and No. 10 spots, respectively, in the newly released list and report, "Brandz Top 100 most…

Study: ATMs, branches in UK headed for extinction by 2041

November 30, 2018

Projections based on year-over-year averages indicate that ATMs and bank branches will disappear from the U.K. in just a little more than 20 years, according…

Gens Y and Z expected to outdo other demos in holiday spending

November 28, 2018

Nearly three-quarters of consumers expect to spend the same or more this holiday season as they did in 2017, however, younger shoppers will likely outspend…

Reshaping the future of retail cash management

Previously a technology that solved cash supply chain management problems for a select few, retail cash capture has truly come of age, providing a cost…

Amazon Pay seeks foothold in brick-and-mortar marketplace

November 27, 2018

Amazon is making a push to get its Amazon Pay digital wallet into restaurants, gas stations and other merchants that it doesn’t directly compete against…

First Data dashboard provides real-time holiday spending insights

November 27, 2018

First Data, a provider of commerce enabling technology, has launched SpendTrend Holiday Insights, a real-time spending dashboard.

More payoff, less pain: How established banks and emerging tech companies can partner and win

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Nearly everyone agrees that technology is changing banking. It's also safe to say that many banks are partnering with technology companies to improve…