NHA intros cardless ATM with smartphone authentication

February 24, 2016

The device allows consumers to preorder cash with their smartphone and then, with a tap or a QR code scan at the ATM, have their cash dispensed.

Canadian CUs to offer Interac Flash mobile payment service

February 24, 2016

Starting this spring, Canadian credit unions will offer their members a new mobile payment service using Interac Flash, a contactless technology from Canada's…

British card use up nearly one-quarter since intro of chip and PIN

February 22, 2016

Also, between 2004 and 2014, transaction fraud dropped by 81.9 million pounds ($116 million), the UK Cards Association said.

ACI, TCH collaborate on real-time payment system for the US

February 17, 2016

ACI Worldwide and The Clearing House say that their initiative will allow FIs to send and receive money instantaneously.

7 in 10 US consumers now carrying chip cards

February 17, 2016

According to the latest stats from Visa, 93 percent of American consumers are now aware that the US is migrating to chip technology.

Mobeewave unveils contactless acceptance for mobile payment apps

February 17, 2016

The company said the technology can be integrated into a mobile wallet or mobile banking app.

Deployment of auto-deposit ATMs on the increase worldwide

February 15, 2016

The number of auto-deposit terminals continues to rise — due at least partly to the central role they play in branch transformation, an RBR report says.

The problem with PayPal, 'old money' and digital payments

by Will Hernandez — Editor, NetWorld Media Group

Will Hernandez, editor of Mobile Payments Today, had one thing on his mind after he watched PayPal's Super Bowl 50 commercial: hipsters.

Time to get cash? Check your smartwatch

February 10, 2016

The direct-banking FI has added a feature for Android smartwatches that directs the user to the nearest ATM or cash-back store.

European banks move toward instant payments infrastructure

February 9, 2016

EBA Clearing, which is owned by 53 banks in Europe, plans to develop a pan-European real-time payments product by the end of 2017.

Harvard paper calls for elimination of high-value bank notes

February 8, 2016

Phasing out the U.S. $100 bill, the 500 euro note, the British 50 pound note, and the Swiss $1,000 franc note would disrupt criminal activity, the author says.

PayPal tackles 'old money' in Super Bowl 50 TV spot

February 5, 2016

The company says that its 'new money' campaign, which will run throughout 2016, 'indicates just how significant the change in money will be to people’s lives.'

FIs apply new ideas to take the 'me too' out of mobile apps

by Will Hernandez — Editor, NetWorld Media Group

As connected consumers seek a differentiated mobile banking experience, FIs are responding with feature-rich apps that do everything from accessing ATMs to…

'Unemployed ATMs' anxious about their future?

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

Can we teach old ATMs new tricks? Or are the demographics simply working against ATMs as younger generations rely more on the smartphones and tablets?

London mandates card acceptance for city's black cabs

February 4, 2016

The Transport for London board has approved the measure following a consultation in which an overwhelming 86 percent of respondents backed the move.

Fifth Third Bank adds Touch ID to mobile banking app

February 4, 2016

The bank said that mobile banking is outpacing online banking with its customers.

Jumping into January: The ATM Marketplace Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Our top stories for the first month of 2016 made for an interesting mashup of projections and retrospection concerning the automatic teller machine.

A cashless society: what's in it for the UK?

Guest columnist Paul Underwood explains how going cashless in the UK would benefit banks, merchants and consumers.

Contactless payment growth soars in Europe

January 29, 2016

Research firm RBR expects that contactless payment volume will chart a nine-fold increase between 2014 and 2020.

Chase ATMs in the race to cardless cash

January 27, 2016

The nation's largest bank says it will enable mobile cash withdrawal across its entire 15,500-ATM fleet this year.