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.

The ATM is dead ... long live the ATM!

Tabloid newspapers across the world have speculated over the future of the ATM, debating everything from integration with AI and robotics down to whether there…

Banking in depth: Embracing disruption, transformation and high-touch customer experience

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

During the Bank Customer Experience Summit in Chicago this fall, Charles Liu, chief of branch transformation, ATM innovation and market planning at Bank of…

Hyosung blows by 15K mark for US ATMs under maintenance

December 15, 2017

Nautilus Hyosung America has exceeded 15,000 ATMs and recyclers under maintenance contracts — a threefold increase in less than two years' time, a company…

RBS to shutter one-quarter of remaining UK branches

December 15, 2017

The Royal Bank of Scotland has announced plans to close 259 branches — a 25 percent network reduction for a financial institution that has already downsized…

ATM cash withdrawal volume grows 6 percent in 2016

December 15, 2017

In 2016, the number of cash withdrawals at ATMs worldwide was 107 billion, a 6 percent increase over 2015.

American consumers getting behind bio ID idea

December 15, 2017

A new Visa survey of 1,000 Americans confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier and…

AmEx scraps signatures, leaves Visa as sole holdout

December 14, 2017

American Express has said that starting in April it will no longer require a cardholder signature for transactions at the point of sale anywhere in the world.

Payment card use outpaces issuance as acceptance grows

December 14, 2017

The number of card payments worldwide increased 14 percent in 2016, to 310 billion, though card numbers grew at a significantly slower rate of 8 percent.