US banks pull together in hurricane's wake with ATM and loan fee relief, charitable donations

September 20, 2018

In the aftermath of Hurricane Florence, financial institutions  across the U.S. are pitching in with donations and other relief efforts to help storm victims…

Free-to-use ATMs disappearing fast, UK watchdog group says

September 18, 2018

The U.K. watchdog group Which is urging ATM users across the country to report problems with their local cash machine — for instance, having to travel a long…

US consumers value cash convenience over credit card points for small purchases

September 18, 2018

For purchases of less than $10, American consumers still prefer folding money. The tipping point for plastic is around the $25 mark, according to new research…

Podcast tackles pros and cons of cashless society

by Will Hernandez — Editor, NetWorld Media Group

Host Will Hernandez, editor of Mobile Payments Today, talks with Ankit Kumar from Gemalto about the ramifications — both positive and negative — of a cashless…

CBW Bank sharpens focus on digital banking, fintech collaboration

by Will Hernandez — Editor, NetWorld Media Group

Suresh Ramamurthi, chairman and CTO of CBW Bank, opened the annual Bank Customer Experience conference with a keynote speech detailing his financial…

Podcast: USAA's branchless system for military pushes mobile banking technology forward

by Will Hernandez — Editor, NetWorld Media Group

Host Will Hernandez, discusses USAA's unique branch-less mobile banking system, which services the U.S. military. USAA is typically on the cutting edge of…

Faster, smarter: How to enhance your customer's payment experience

Regardless of the latest and greatest technology, a successful payments strategy revolves around the consumer experience, and building a strategy requires an…

Green Dot, Movo e-wallet team to offer cash reload for Movo card

September 11, 2018

Users of the Movo e-wallet app can now use Green Dot MoneyPak and Reload at the Register cash load products, available at approximately 70,000 retailers…

RBS to shutter branch network in England, Wales

September 7, 2018

Following a review, RBS Group has announced that it will close 54 branches of the Royal Bank of Scotland in England and Wales in January. The closures will…

Bank of America touts uptake of digital offerings

September 7, 2018

Bank of America has announced that it now has more than 36 million clients using its online and mobile banking offerings. This includes more than 25 million…

As companies digitalize, 'significant' employee skill gaps emerge

September 7, 2018

Most organizations are undergoing a digital transformation that directly affects how they do business, but 70 percent of employees have not mastered the skills…

ATM Marketplace: August Top 5

August. The dog days of summer, when you can fry an egg on top of an exterior, free-standing ATM if the sun hits it just right. We think of August as a slow…

ATM-based virtual gift card, mobile top-up service adds NYC partner

September 6, 2018

GivePay Commerce has partnered with ATM World, a New York-based ATM operator to distribute digital gift cards and wireless air time through thousands of ATM…

Smartphone payments security to migrate from hardware to software enablement

September 6, 2018

The most significant shift in mobile payment security will be the move from hardware-based methods to software-based methods that rely on standard smartphone…

Rep. Luetkemeyer drafting data breach notification bill

September 6, 2018

Missouri Congressman Blaine Luetkemeyer is crafting a bill to legislation that would clarify and codify the obligations of financial companies to report data…

'But this is how we've always done it!': 5 ways your FI can break down barriers to a digital mindset

You can no longer look at digital as a distinct channel serving a specific segment of your customer base. Every consumer is a digital consumer, and to be in…

Visa chip card transactions edge toward 100 percent in June

August 30, 2018

Visa has release June EMV statistics showing that the network continues to make progress on EMV migration in the U.S.

China edges out US in AI investment

August 28, 2018

Chinese AI startups raised $5 billion in venture capital funding during 2017 — a half-billion more than their U.S. counterparts — indicating investor…

Global IT security spending to total $114B in 2018

August 24, 2018

According to estimates from Gartner, worldwide spending on information security products and services will amount to $114 billion this year, an increase of…

Consumers worry about privacy of data used by money management apps

August 23, 2018

Nearly one-third of U.S. banking consumers use online and mobile apps for money management, but many worry about the privacy of their data used in these apps…