Rising ATM withdrawal volumes point to persistent demand for cash

January 5, 2016

New research from RBR forecasts that ATM withdrawal numbers worldwide will rise from a total of 92 billion in 2014 to 128 billion in 2020.

Barclaycard: Contactless spending soars in the UK

January 5, 2016

The bank found that contactless payments now account for 1 in 10 card transactions with spending nearing one billion pounds ($1.4 billion) per month.

ATMs in 2016: What's in the stars?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Before closing the book on 2015, we asked ATM industry members what they view as the year's biggest developments — and what they see ahead for 2016.

Apple might have bigger plans for iOS payments

January 1, 2016

The company has filed a patent for a system that would give iPhone users the ability to transfer funds to others through text, phone call and email.

In it for the long haul

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

In the long run, it's going to be a question of how creative we can be when thinking of what needs to be dispensed to authorized ATM users.

FIs sink or swim with fintech players

FIs must focus more on innovation, but this will not be easy in an environment where more than 75 percent of IT expenditure goes towards system maintenance.

Gartner: Mobile payments to see substantial growth

December 21, 2015

The research firm says that by 2018, half of consumers in mature markets will be making mobile payments via smartphone or wearable device.

Cash or card: How do you pay for Christmas?

For now, it's still hard to get people to part with their cash — except at the tills.

Decline of cash continues in Sweden

December 17, 2015

You'll still find a crown on krona banknotes, but cash is no longer king in the Nordic nation.

What the 'Terminator' can teach us about boomer banking

Despite the spotlight on millennials, it's boomers who still hold the nation's wealth. Your level of engagement with them in all channels will determine…

New study follows trends in use of EMV cards

December 16, 2015

The report reflects actual use for 'top of the wallet cards,' not for EMV cards that are issued only to lie forgotten in a desk drawer, CardFlight says.

Cashless payments outgrowing ATM withdrawals — but not by much

December 15, 2015

Since 2010, the annual growth rate of cashless payments has outpaced that of ATM cash withdrawals by only about one-half of one percent, a new study by RBR…

Global ATM market to be worth nearly $25B by 2022

December 15, 2015

Rising competition among banks is expected to provide a huge base for installations, offering lucrative growth opportunities, study author Grand View Research…

Consumers in mature markets will own 3-4 devices by 2018

December 11, 2015

Gartner Inc. says that the increased use and ownership of multiple devices will drive further innovation in UI technologies.

Tech consultancy offers predictions for enterprise software in 2016

December 10, 2015

For an FI to succeed, says DataArt, FIs must leverage a strong digital strategy that incorporates the tools millennials are using — or planning to use.

Wells Fargo plans national rollout of mobile-ATM functionality in 2016

December 9, 2015

Customers will be able to use their mobile device to designate the type and amount of an ATM transaction prior to arriving at a Wells Fargo ATM.

Mobile-first FI pursues fast-paced expansion across Europe

December 9, 2015

Number26 says its popular mobile bank account (with free ATM access) is the antidote to 'a bad user experience and overpriced retail banking products.'

MasterCard, Visa payment card share rising in Europe

December 8, 2015

A new study by RBR finds that 90 percent of the euros spent via payment card in Europe were on a Visa or MasterCard-branded card — the highest share of any…

FI uptake of mobile apps jumps 25 percent within 1 year

December 3, 2015

The upper Midwest boasts the highest penetration of mobile banking apps among FIs, research from Maluzai Software finds.

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