First Data, SBI Card partnership to support cashless India

January 26, 2018

First Data has expanded its partnership with SBI Card, a leading credit card issuer in India with more than 5.6 million customers.

Poll: FIs quick to replace customer funds lost to fraud

January 26, 2018

An informal online poll conducted by the European Association for Secure Transactions has revealed that banks are prompt, for the most part, in crediting funds…

Chase to open 400 branches; Wells to close twice as many

January 26, 2018

JPMorgan Chase has announced that it intends to expand its branch network into new U.S. markets, opening up to 400 new branches over the next five years. These…

American Airlines goes cashless at Miami ticket counters

January 23, 2018

American Airlines is going cashless at Miami International Airport. This means that any fees paid at check-in — say, for a checked bag — will have to be…

Convergence, cooperation are bywords for financial institutions, fintechs in 2018

January 23, 2018

The convergence of mobile platforms, APIs, machine learning and faster payments systems will require an unprecedented level of cooperation between payments…

The future of cash and digital payments

It is undeniable that the payment landscape is changing, and that electronic money is a key part of this. However, technological advancements are also being…

9 in 10 FIs now offer mobile banking, Fed says

January 18, 2018

A new report from the payment strategies team of the Federal Reserve Bank of Boston provides insights into the state of mobile banking at financial…

ATM Marketplace: The 2017 Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Court battles, crime and cardless transactions were all big stories last year in the ATM industry, and no doubt will continue to make headlines this year. But…

Europe sees modest growth in payment card numbers

January 16, 2018

The number of payment cards in Europe grew 2 percent in 2016 to reach 1.5 billion at the end of the year, according to a new report from RBR, Payment Cards…

ATM deployers report double-digit crime surge in 2017

January 12, 2018

The ATM Industry Association has published the results of its 2017 Global Fraud and Security Survey in which more than half of respondents (54 percent…

Visa boards the signature-free EMV bandwagon at last

January 12, 2018

Visa has now joined the other major card networks in eliminating the signature requirement for consumer purchases made in the U.S. with an EMV-enabled…

Wells Fargo rolls out Fitbit Pay mobile payment capabiltiy

January 12, 2018

Wells Fargo & Co. has partnered with wearables provider Fitbit to launch Fitbit Pay, a solution that will allow the financial institution's customers to…

Keeping up with consumers: Is it really worth the hassle?

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Panelists at this week's Consumer Electronics Show in Las Vegas drew an SRO crowd for "Never talk to a human again," a discussion of heightened consumer…

TD Bank onboards AI expertise with acquisition of Layer 6

January 11, 2018

TD Bank has announced the acquisition of Layer 6 Inc., a Toronto, Ontario-based artificial intelligence company.

UK government, industry reps aim to stem surge in ATM explosive attacks

January 9, 2018

Executives from Newcastle, England-based ATM security company Lockpoint will meet this week with U.K. officials to discuss a persistent trend of gas attacks…

ATM forecasts and fortunes for 2018

by atm Atom — blogger, atmatom

Blogger Daryl Cornell of Triton Systems offers five fearless predictions for 2018 — along with the caveat that any or all might be "off the mark, highly…

Report: Banks expect to face challenges in 2018

January 4, 2018

Banks are expected to face some obstacles in the coming year, according to Mercator Advisory Group's 2018 outlooks for both the banking and payments industries.

To DIY or not to DIY: Does an FI need its own payment app?

What's the best way for a financial institution to implement a mobile payments system? For many banks, the first and most crucial decision is whether to build…

Fed releases preliminary numbers on payment instruments

December 26, 2017

The Federal Reserve System has released early results from its 2017 annual update of the Federal Reserve Payments Study, which contains new estimates of trends…

Future for mobile payments brighter across the pond

December 26, 2017

In the United States and the United Kingdom, a growing ecosystem of mobile payment providers is vying to become consumers' go-to payment method at checkout.