Vodafone pulls out of Facebook-backed Libra Association to focus on M-Pesa

January 22, 2020

Vodafone Group, a U.K.-based telecommunications conglomerate, became the latest company to pull out of Libra, the Facebook backed digital currency project. 

UK convenience store group urges LINK to cancel fee cut amid crisis in cash access

December 31, 2019

The U.K.'s  Association of Convenience Stores is urging LINK, the entity that controls that country's ATM network, to cancel its next planned fee cut in order…

Prepaid debit card trailblazer Steve Streit retires as CEO of Green Dot

December 20, 2019

Green Dot, a fintech and provider of prepaid debit cards, announced late Wednesday that founder and CEO Steve Streit will step down from his position on Dec.

Citi, PayPal enter deal to enable institutional payments directly into mobile wallets

December 16, 2019

Citi and PayPal entered an agreement to enable the bank's institutional clients to be able to make direct payments into PayPal digital wallets.

UK at tipping point, says Access to Cash Review chair

by Amy Castor — Editor, Networld Media Group

As digital payments grow in popularity in the U.K., the systems that support cash are starting to erode. Natalie Ceeney, chair of Access to Cash Review, warns…

Barclays to no longer allow cash withdrawals at UK Post Offices

October 8, 2019

U.K. lender Barclays is launching a new cashback scheme next year that allows people to withdraw money at small businesses in remote towns. The bank has also…

UK's Link launches 'free ATM' fund

October 2, 2019

Link, operator of the U.K. cash machine network, today launched a 1 million pounds ($1.2 million) fund that communities can apply to if they believe their area…

Podcast: ATMIA's David Tente talks the future of cash

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In this ATM Marketplace podcast, host Suzanne Cluckey talks to David Tente, ATMIA's executive director, USA and Americas, to get his thoughts on the future of…

Presented by ATMmarketplace.com

Bankers suggest time lag between ATM withdrawals in New Dehli

August 28, 2019

As a way to combat ATM fraud in New Delhi, the Delhi State Level Bankers' Committee proposed several measures, including a 6-12 hour gap between cash…

How Mexico's war on stolen gas is turning into a war on cash

by Amy Castor — Editor, Networld Media Group

Criminal gangs have been stealing gas in Mexico for decades, but in recent years, the situation has spun out of control. Putting a stop to corruption requires…

How Chile's BancoEstado keeps cash available to entire nation

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

Chile's BancoEstado, a government-owned bank, relies on a correspondent banking system to offer its services across the country. Operating as simplified bank…

Chase debuts low-cost checkless account for underbanked Americans

March 22, 2019

JP Morgan Chase has announced Chase Secure Banking a consumer account that offers branch and mobile banking services, as well as surcharge-free use of Chase…

Lloyds Bank to launch cashback pilot at merchants amid cash access concerns

February 19, 2019

Lloyds Banking Group has launched a pilot program to incentivize retailers to give cash back at the point of sale in response to criticism that consumers are…

Alt bank N26 raises $300M in funding to fuel US expansion

January 11, 2019

N26, a Berlin-based mobile-only bank, has raised $300 million in a Series D financing round led by New York-based Insight Venture Partners, with participation…

Cannabis-related bank reform legislation falls short in Senate

December 27, 2018

2018 Health of Cash study: US consumers value payment choice

Each year, the independent Health of Cash study sponsored by Cardtronics reveals that, in spite of advances in digital and mobile payment technology, cash…

South African bank to roll out mini ATMs with biometric ID

May 7, 2018

South Africa's FNB has become the nation's first bank to roll out mini ATMs that validate users via thumbprint, according to a report by Business Tech.

PayPal offers FDIC-insured, ATM-enabled account option for un-, underbanked

April 10, 2018

With the addition of an ATM card that can be used at 25,000 U.S. ATMs, mobile check deposit (or direct deposit) and FDIC insurance for funds held in a PayPal…

Mint mobile wallet extends ATM, banking services to unbanked in UAE

March 29, 2018

The Mint Corp., a Toronto-based payments company with its primary business in Dubai, has announced that its majority-owned subsidiary Mint Middle East LLC has…

From affordable internet to video teller machines: ETA paper highlights outreach to the financially underserved

September 19, 2017

In a new white paper, the Electronic Transaction Association highlights how members are using technology to address the financial needs of underserved…