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Trends / Statistics News & Media

Cash, cards and contactless: Survey examines unattended payment preferences

June 14, 2018

Seventy percent of consumers want unattended terminals to accept both card and cash payments, and a significant number are willing to transact at these…

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ATMs going, going, already gone?

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

I have begun observing that there are fewer and fewer ATMs in places where I used to see them — at airports, railway stations and malls.

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Consumers prefer branch to digital for banking advice — if it's a good experience

June 12, 2018

Consumers are happy with digital interactions for quick transactions, but for more substantive conversations they'd rather deal with humans, according to new…

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Women more likely than men to pay with cash

June 8, 2018

On a worldwide basis, women typically use cash 6 percent more often than men, according to a consumer payments survey by data and analytics company GlobalData.

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Visa, Wirecard join forces to drive fintech forward

June 7, 2018

Wirecard and Visa have signed a partnership agreement to collaborate on new products in the field of digital financial technology, according to a press release.

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As frictionless payments struggle for traction, consumers cling to cash

June 7, 2018

Consumer concerns about data security and privacy are hampering the move to frictionless payments, according to Lost in Transaction: Payment Trends 2018, a…

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Sweden's far from accidental journey to a cashless society

by Ron Delnevo — Chairman, Cash and Card World

Sweden's apparent move toward becoming the planet's first cashless state is clearly neither accidental nor simply the outcome of choices made by the Swedish…

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Paysafe unveils online payment option for unbanked and cash-preferred consumers

June 6, 2018

Payments provider Paysafe has launched Paysafecash, the company's new payment option that caters to cash-preferred online shoppers around the world.

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ATM Marketplace: May Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

ATM deployers are looking ahead: In May, the first and second most-read stories were concerned with the future of the industry. The remainder of the top five…

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A mixed bag: US banking reg rollbacks are met with approval and alarm

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In May, President Trump signed a flurry of legislative measures, keeping a campaign promise to roll back bitterly opposed rules and regulations levied against…

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FI, CU checking fees vary, but ATM fees are much the same, study finds

May 29, 2018

Forty-one of the nation's 50 largest credit unions (82 percent) offer their members free checking accounts with no minimum balance requirements or monthly…

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Massachusetts ATM operators jolted by jackpotting attacks

May 29, 2018

ATMs in the Massachusetts towns of Ludlow, Attleboro and Danvers, and in the Back Bay neighborhood of Boston have been targeted in a rash of recent ATM…

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Product agility a key concern in retail banking strategy, report says

May 25, 2018

More than half (61 percent) of retail bank executives are developing niche propositions for their digital strategies, according to a new report by banking…

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A change in-store? With iZettle buy, PayPal extends its reach in retail payments

by Will Hernandez — Editor, NetWorld Media Group

PayPal's planned purchase of iZettle the "European version of Square," will extend the online payment giant's reach in the retail payments space, particularly…

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ATMs doomed Down Under, financial literacy chairman says

May 23, 2018

Will Australia be largely devoid of ATMs a few years from now? That's the prediction from Paul Clitheroe, chairman of the Australian Financial Literacy Board.

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UK Emerging Payments Association seeks to 'stimulate innovation' in open banking

May 23, 2018

The Emerging Payments Association in the U.K. has asked the nation's Open Banking Implementation Entity to amend the terms of the Competition and Markets…

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FinTechVisor: It's Tinder for fintechs and banks (sort of)

May 23, 2018

Capgemini, a global provider of consulting, technology and outsourcing services, and Efma, the European Financial Management Association, have launched…

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ATM skimming remains a top 5 trend in data breaches

May 21, 2018

Risk Based Security has released the results of its Q1 2018 Data Breach QuickView Report, which shows that breaches of all types fell by more than half in the…

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7 in 10 consumers 'reassured' by FI's alerts of possible fraud

May 21, 2018

In an informal poll conducted by the European Association for Secure Transactions, the majority of respondents said they were reassured by steps taken by their…

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G&D, IDnow combine know-how to develop secure digital ID solutions

May 21, 2018

G&D Mobile Security and IDnow GmbH have announced plans to combine their expertise and resources in a partnership that aims to develop AI-driven biometric…

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