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Trends / Statistics News & Media

Visa report calculates worldwide cost of off-the-books cash-based economy

July 20, 2018

More than 23 percent of the world's economy operates outside the purview of governments, with the result that more than $10.7 trillion of economic activity…

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'Erica, why do I need a mobile wallet?': Active use of AI in banking depends on the value proposition

by Will Hernandez — Editor, NetWorld Media Group

Bank of America announced on Friday that its mobile virtual assistant, "Erica," has now been adopted by 2 million customers. But will they stay on as active…

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Continued ability to pay with cash a 'broad concern' for US consumers

July 16, 2018

Payment choice and, specifically, the ability to use cash in-store are of broad concern for customers in the U.S., according to a new report from Mercator…

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BofA touts uptake of mobile banking solutions

July 16, 2018

Bank of America has announced that Erica, its artificial intelligence-driven virtual financial assistant, now has more than 2 million users. According to a…

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Keeping up with the millennial generation ... at the ATM

Millennials — the "experiential" generation — have been steering away from large, corporate brands and toward smaller, less well-known companies that reflect…

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EAST publishes 2nd fraud update for 2018

July 12, 2018

The European Association for Secure Transactions has published its second European Fraud Update for 2018. The report is based on in-country crime statistics…

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IBM study calculates hidden costs of data breach

July 12, 2018

IBM Security has released a global study examining the full financial impact of a data breach on a company's bottom line.

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Co-op outlines 7 strategies for CUs seeking digital transformation

July 11, 2018

A new white paper from Co-op Financial Services, Seven Strategies to Accelerate Your Digital Transformation, offers guidance for credit unions looking to…

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Target undertakes cash recycler rollout

July 11, 2018

Next month, Target Corp. will begin the process of automating cash handling at its stores.

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New book, 'Cash and Dash,' traces impact of ATMs, computers in retail banking

July 11, 2018

ATM historian Bernardo Bátiz-Lazo has published a new book, Cash and Dash: How ATMs and Computers Changed Banking, tracing the birth and evolution of digital…

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District of Columbia councillors submit bill banning cash bans

July 11, 2018

Lawmakers in the nation's capital are weighing in on the growing trend among some merchants — mainly restaurants — of refusing cash payments.

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Meet your skimmable daily source for payments and fintech news ...

by Kathy Doyle — President, Networld

This month, ATM Marketplace will be joined by an all-new publication designed to bring you a concentrated dose of the day's biggest stories about banking…

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Study ranks checking, ATM fees in 50 US markets

July 9, 2018

A new study by DepositAccounts.com has analyzed checking account fee data from more than 1,700 financial institutions in 50 major markets in the U.S. to…

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Americans want security without complexity: 'You can do that, right?'

July 9, 2018

As much as Americans dislike data breaches, they are not big fans of security protocols, either.

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A quantum leap: How will banks cope with tomorrow's tech?

Last century, one of most dramatic changes to the banking ecosystem was the integration of digital technology, both with back office and customer-facing…

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The video-ready FI: 8 steps to success

There’s no doubt that video banking will become a must-have in the next few years. By implementing it today, you’ll have a competitive differentiator in your…

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HSBC rolls out 'social humanoid robot' Pepper

July 2, 2018

HSBC Bank USA N.A. and SoftBank Robotics America, the North American arm of SoftBank Robotics Group, have partnered to bring Pepper, the "social humanoid…

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ATM Marketplace: June Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

It's officially summer. And it feels like it. Whether you're headed to the lake, the cabin, the pool, or indoor refuge with working AC for the July 4 holiday…

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Mobile contactless payment users to top 750M by 2020

June 29, 2018

The global number of mobile contactless users will exceed 760 million by 2020, up from an estimated 440 million in 2018, according to a new study from Juniper…

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Contactless payments win the day at World Cup matches

June 29, 2018

Approximately 1 in 5 purchases made with Visa cards at World Cup soccer matches in Russia used contactless payment technology, including smartphones, bracelets…

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