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.

Bank's new self-service kiosk/ATM solution puts customers in control

January 26, 2016

The Nautilus Hyosung digital kiosk can process 107 banking tasks that comprise 90 percent of teller window transactions the company says.

Mobile services pay off for FIs, research finds

January 25, 2016

Credit union members who use mobile banking generate 36 percent more for the FI revenue than branch-only users; for banks the payoff is twice the size — 7…

Dumb and dumber: The annual list of most-guessable passwords

January 21, 2016

Consumers are more worried than ever about the security of their data — but just as likely as ever to put it in criminal hands by using weak passwords.

Was the ATM a disruptive innovation?

by Bernardo Batiz-Lazo — Professor of Business History, Bangor University

Since its introduction, it's become an integral part of the payments ecosystem and the second most important banking channel after the branch. It that…

Millennials 'not wed' to traditional FIs, study concludes

January 19, 2016

New research underscores the urgent need for FIs to prove that their products and services offer as much 'value and utility' as those of emerging nonbank…

In user authentication, one size might not fit all

January 19, 2016

Research suggests that different demographic groups find differing degrees of value in their financial institutions' authentication methods.

Cash remains tops in many consumer spending categories

January 19, 2016

A recent survey finds that even when they have a variety of payment options available to them, US consumers prefer to use cash in many situations.

Diebold intros ATM-based, mobile-enabled self-checkout

January 19, 2016

The company says its new concept combines the core capabilities of the ATM with the convenience of self-checkout and contactless mobile payment.