Apple Pay cracks billion-transaction milestone

August 2, 2018

Apple CEO Tim Cook talked up the company's mobile payment service in an earnings call Tuesday, touting1 billion Apple Pay transactions in the company's…

ATM Marketplace: July Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

July can be a slow, sleepy summer month. Or not. At ATM Marketplace it was definitely "or not," as we worked to bring you the latest on ATM security-related…

In-store contactless payments to total $2T by 2020

July 31, 2018

Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than expected, according Juniper Research. In 2020, in-store…

ATM deployer Euronet bags double-digit year-over-year gains in Q2

July 27, 2018

Euronet Worldwide Inc., a Leawood, Kansas-based electronic payments provider, has reported its second quarter 2018 financial results.

Zelle moves $28B in 100M Q2 transactions

July 27, 2018

The multibank-owned person-to-person payment platform Zelle processed 100 million transactions worth $28 billion during the second quarter of the year…

77 percent of millennials would switch banks to get better service

July 27, 2018

Four in 10 millennials say they have switched banks due to poor service, and nearly twice as many (77 percent) say they would switch to a bank offering better…

Advanced software paves the way for next-gen ATMs, study says

July 26, 2018

Increasingly, banks are using advanced ATM software platforms to modernize customer ID and authentication, improve personalization and maximize the performance…

Visa report touts advantages of digital programs, payments

July 26, 2018

Visa and a consortium of industry organizations have released Digital Transformation of SMBs: The Future of Commerce, a look at the opportunities and…

Old school meets new in cash-to-crypto investing scheme

July 23, 2018

B21, a personal wealth manager for crypto assets, has formed a partnership with Flexepin, a cash voucher provider, to allow users in Australia, Canada, the…

Security, confusion dominate consumer concerns about use of new payment methods

July 23, 2018

Nearly 6 in 10 consumers pay bills on line, but half of this group have concerns about the security of doing so, according to Expectations & Experiences…

KeyBank, Ingo Money partner to launch real-time payments

July 23, 2018

KeyCorp has launched an instant payment solution with Ingo Money that allows KeyBank business clients to disburse guaranteed funds in real time through Ingo…

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…

'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…

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…

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…

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…

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…

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.

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…

Target undertakes cash recycler rollout

July 11, 2018

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