Mobile payments on the rise — and not just among millennials

August 31, 2016

Bank of America has published its most recent Consumer Spending Snapshot. Here are a few key findings from the July data:

Study: China leads global fintech investing

August 25, 2016

Investments in Asia-Pacific financial technology ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the $4.26 billion invested…

Ring bling: Company launches contactless wearable

August 24, 2016

NFCRing Inc. has introduced what it claims is the world's first EMVCo-compliant payment ring. The design incorporates a contactless smart chip from Infineon…

Small businesses accepting mobile payments, eschewing EMV

August 22, 2016

As mobile payments options are growing in popularity among consumers, more small businesses are tapping into this payment offering, according to the Small…

Contactless takes a back burner, but it's still heating up

August 18, 2016

ATM operators keeping tabs on NFC contactless card and mobile wallet technologies will find a few interesting statistics in a study released last week by the…

US and UK consumers embrace contactless transactions

The fact that contactless use is rising might not come as a shock, but the rate of growth might surprise you: Last year, consumers spent $10 billion using…

FIs not delivering to customer standards for personalized service, study says

August 15, 2016

FIs might feel like they're intently focused on providing a personalized customer experience, but their customers might be seeing things a little differently…

Study: Millennials 2–3 times more likely to change FIs than other age groups

August 12, 2016

New FICO research into why people switch banks found that millennials age 25–34 are two to three times more likely to close all accounts with their primary…

Survey: Nearly a third of US consumers willing to use mobile wallets within next 6 months

August 12, 2016

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29 percent) say they would be willing to adopt the technology…

ATMIA offers free download of report on Operation Choke Point

August 10, 2016

ATM Industry Association members and nonmembers alike may now download the rereleased report, "Operation Choke Point: An ATM Industry Update."

Webinar unveils annual trends report for ATM and self-service software

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

During the event, KAL and ATM Marketplace surfed highlights of the 2016 ATM and Self-service Software Trends Guide, including new trends — and trends that…

Stars aligned: 4 reasons why cash could grow

Though its growth has stalled at 1–2 percent per year and rumors of its death persist, the stars may be aligned for a near-term explosion in demand for cash.

FinTech absorbs CardConnect, goes public

August 3, 2016

CardConnect officially became part of the FinTech Acquisition Corp family on July 29 after FinTech' shareholders approved the merger the previous day.  The…

Report highlights opportunities for European payment processors

August 2, 2016

 There are opportunities on the horizon for new entrants into the payment processing market, according to a new RBR report, "Payment Cards Issuing and…

Biometrics are all the rage among leading ATM distributors and banks

August 2, 2016

Consumer electronics are old news, an ABI Research study found. The hype is moving toward biometric banking technologies specifically targeted at millennials…

Consumers are spending less, Bank of America finds

August 2, 2016

Bank of America looked at over 40 million active credit and debit card accounts in its system in June and found some surprising statistics. It seems that…

Is chip and PIN worth the expense?

July 28, 2016

Merchants are pushing — and in some cases, suing — for credit card PIN verification. But would chip and PIN really increase transaction security and reduce…

Union Pay bumps Visa to No. 2 spot in global payments value

July 28, 2016

According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card…

Despite heavy toll of cyberattacks, 8 in 10 enterprises lack a strategy to manage them

July 27, 2016

More than three-quarters (79 percent) of the IT professionals in a recent Ponemon Institute poll said their infrastructure for identifying and mitigating…

Visa chip card issuance gathering momentum in US

July 27, 2016

Visa has released its latest report benchmarking progress in the U.S. migration to EMV chip-enabled cards and payments.