Payments players join funding round for blockchain tech provider

September 11, 2015

Blockchain company Chain has raised $30 million from major financial services players including Fiserv, Visa and Capital One.

'Fearless Imagination': Reimagining FI payments systems

by Dan Glessner — Chief Marketing Officer, Quisk, Inc.

Legacy bank payments systems are under pressure and must be reimagined and transformed as the industry moves forward.

Study: Mobile banking continues upward climb

September 8, 2015

​Nearly half of all mobile device owners in America now use their device to manage their bank account, a survey by ABA finds.

Contactless card use rising fast in the UK

September 3, 2015

Britons spent 2.5 billion pounds ($3.8 billion) using contactless cards in first half of 2015, exceeding the contactless total for all of 2014.

The 'Great Debate' about cash

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

At the ATM & Mobile Innovation Summit next week, panelists will argue for and against the death of money; the state of cash in the U.K. today offers talking…

Study finds changes in prepaid card use, user demographics

September 3, 2015

New research from Mercator reveals that young, affluent, smartphone-carrying adults are behind much of the growth in prepaid cards.

US Treasury turns out 566.6M banknotes in July

August 31, 2015

Though 90 percent of new bills replaced unfit notes, the remainder represent the continuing upward trend in terms of total cash in circulation.

Study: Nontraditional providers will drive financial industry innovation

August 28, 2015

Not surprisingly, the younger the consumer, the more more likely that a nontraditional provider would be considered a reasonable choice.

Facilitated Rural Branches: An ATM-centric idea rural India can bank on

In rural villages where the nearest ATM might be a 15-minute bus ride away and branch setup is not viable, FRBs can be a cost-effective alternative.

Study: Mobile RDC continues to gain ground with US consumers

August 25, 2015

More than half of all American adults used mobile deposit at least once last year, according to an American Bankers Association survey.

UK business rates: An unfair tax on ATMs and cash

by Ron Delnevo — Chairman, Cash and Card World

ATMs are the latest victim in the rush to levy more taxes in the UK; the result could be machines removed and communities deprived of convenient access to cash.

Central bank forecasts drop in Aussie ATM numbers

August 24, 2015

As Aussies change their spending ways, their ATM visits have declined — and so will the number of cash points across the nation, the Reserve Bank of Australia…

Rural Wales villagers looking at a long trek to the ATM

August 24, 2015

Villagers in Conwy reportedly will have to make a 30-mile round trip to reach the nearest cash machine after their local HSBC branch closes.

FIS establishes 'financial inclusion lab' in India

August 24, 2015

The lab's mission is to create and test solutions that will increase financial literacy for India's unbanked millions.

7 mobile wallets that are shaking things up in payments

There are umpteen mobile wallets in the marketplace angling for customer loyalty (and marketing data). Here are seven contenders to keep an eye on.

1,000 bitcoin ATMs going to Greece

August 21, 2015

With strict capital controls in place and trust in the banking system 'long gone,' Greeks are turning to bitcoin as an alternative to fiat currency.

First Tech, MasterCard pilot puts selfies to the test

August 21, 2015

'Selfie Pay' will test the use of facial recognition and fingerprint ID for online credit and debit card purchases transacted via smartphone.

Biometrics: The key to secure, convenient ATM transactions

There are no longer valid technical reasons why we should continue to expose ourselves to crime through the use of dated security systems and practices.

Boston-area FI joins ATM cardless cash movement

August 20, 2015

Avidia Bank, a community FI serving suburban Boston, has partnered with FIS to offer QR code-based cardless cash access at its ATMs.

Banks struggle to capitalize on mobile customers

by Will Hernandez — Editor, NetWorld Media Group

Mobile banking is on the rise, but financial institutions have yet to figure out how to connect with consumers on a smaller screen.