Contactless cards not likely to make much difference in mobile payment adoption

May 17, 2019

A widening rollout of contactless cards has been accompanied by speculation that increased comfort with the technology will spur mobile payments, but it might…

ATM transactions increase in India even as ATM numbers decline

May 17, 2019

Despite a continuing demand for cash among Indian consumers, the number of ATMs in India has declined over the past two years — and could continue to do so in…

The future of cards, contactless and biometrics in payments

With big players like Mastercard and Visa now mandating that all new cards and payment terminals be contactless enabled, global growth of the technology is set…

Alogent named one of Georgia's 40 fastest-growing firms

May 16, 2019

Alogent Corp., a provider of deposit automation, item processing, enterprise information management and digital banking solutions for financial institutions…

OpenFin aims to accelerate adoption of app-based software overlay for legacy banking systems

May 16, 2019

OpenFin Inc. has raised $17 million in Series C funding from major financial institutions, led by Wells Fargo & Co., to expand the use of its software for…

US Bank, Chrome River unveil AI-based payment, expense management app

May 14, 2019

U.S. Bank and Chrome River have debuted U.S. Bank Expense Wizard, a mobile payment and expense management tool that uses chatbots and artificial intelligence…

Technavio projects global market for wearable smart devices to reach $35.6B by 2023

May 14, 2019

The global wearable electronics market is expected to post a CAGR of more than 15% to reach $35.67 billion by 2023, according to market research by Technavio.

ACI, BMO team to offer real-time B2C payments

May 14, 2019

ACI Worldwide Inc., a provider of real-time electronic payment and banking solutions, has announced that BMO Financial Group is using its BMO Payment Hub…

San Francisco puts the kibosh on cashless retail, restaurants

by David Jones — Editor, Networld Media Group

San Francisco has become the latest city to say no to cashless retail and foodservice as advocates for vulnerable populations demand equal access to shopping…

Employees want flexible payment methods, pay cycles

May 10, 2019

More than three-quarters (78%) of employers globally agree that companies will need to customize payment options to remain competitive in the war for talent…

Tink, NatWest partner to roll out mobile banking tools for personal financial management

May 10, 2019

Tink, a Stockholm-based open banking platform, has entered a partnership to provide its personal financial management and data enrichment tools through the…

Cashless initiatives catching on in Japan

May 9, 2019

Japan is taking steps toward becoming a cashless society, with all transactions paid in cash expected to decline from 76.2% in 2018 to 71.4% in 2022, according…

Nacha, Faster Payments Council to partner in educational effort

May 9, 2019

Nacha, the nonprofit organization behind the ACH Network, and its Payments Innovation Alliance have announced a collaboration with the U.S. Faster Payments…

How modern access management can unlock major ATM savings

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

"Just not good enough," is how ATM deployers and service providers described current ATM lock systems in a study conducted last year by TMD Security. In a…

Diebold Nixdorf puts the squeeze on costs in Q1

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As Gerrard Schmid embarks on his second year at the helm of Diebold Nixdorf, it seems fair to say that his most notable achievement to date is having squeezed…

UK to form committee on cash access amid ATM fee increases

May 3, 2019

The U.K. government has announced that it will form a committee to ensure Britons' continued free access to cash. A blog posted by the U.K. watchdog group…

ATM deployer Euronet reports Q1 financial results

May 2, 2019

Euronet Worldwide Inc., an electronic payments provider, has reported consolidated year-over-year results for the Q1 2019 as follows (percentage on a constant…

Oman Arab Bank, NCR intro NFC, personalized transactions at ATMs

May 2, 2019

NCR Corp. has announced that Oman Arab Bank has become the first bank in Oman to deploy NFC contactless card-reading technology.

Taxis at Dublin Airport get cashless payment option

May 2, 2019

The Taxi Alliance of Ireland entered an agreement with eComm Merchant Solutions, an Irish fintech, to equip cabs serving Dublin Airport with in-car payment…

ATM Marketplace: April Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The migration to Windows 10 continues to rank as a hot topic for ATM deployers, and was our No. 1 story in the month of April. Security, maintenance and the…