Companion Systems named in top 500 business list for 5th year

January 20, 2010

Companion Systems has announced that it's been named one of the top 500 women-owned businesses in the United States by DiversityBusiness.com for the fifth…

NCR inks multimillion dollar ATM, teller cash recycler deal with Westpac New Zealand

January 19, 2010

NCR Corp. has announced the signing of a multimillion dollar deal with Westpac New Zealand to implement an up-to-date ATM network and better service at all…

RESEARCH: Italy is largest European market for prepaid cards

RBR says cash use dominates low-value payments in Italy, but prepaid is an upcoming alternative for young and unbanked consumers.

TIO Networks Q1 2010 revenue up 11%

December 15, 2009

TIO Networks Corp., a provider of expedited bill-payment processing, has announced transaction revenue results for the first quarter of fiscal year 2010, ended…

ATMCASH launches over-the-phone global money transfers

by

December 9, 2009

ATMCASH has announced the launch of its new online and over-the-phone money-transfer service. ATMCASH enables users to send money online or over the phone to…

FDIC survey of U.S. underbanked brings national attention to growing market segment

December 3, 2009

Credit Union 24 uses Spanish Web site to reach more members

by

November 24, 2009

Credit Union Times reports that Credit Union 24 has a launched a Spanish language version of its Web site. The somostu network — which means "It's your…

Privier targets unbanked at ATMs with instant-money-transfer service

by Tracy Kitten — Editor, AMC

October 25, 2009

Privier's person-to-person payment platform is building on the underlying technology available at envelope-free, check-imaging ATMs. Previer's money-transfer…

Prepaid options examined for high fees, putting unbanked at disadvantage

by Tracy Kitten — Editor, AMC

October 6, 2009

Products targeted at the unbanked continue to carry high fees, according to a joint reporting project from The New York times and PBS's "Frontline." The two…

'Reverse' ATM caters to Portland's unbanked

by Tracy Kitten — Editor, AMC

October 4, 2009

Residents in Portland, Ore., now have a chance to deposit more cash rather than withdraw it.   According to a news story from Portland's KGW-TV, Channel 8, a…

Privier adds international codes to money-transfer offer at ATMs

by Tracy Kitten — Editor, AMC

October 1, 2009

Privier says it has enhanced its FormFree system to include international calling codes.   According to Privier, the enhancement is expected to streamline…

Mobile money expected to revolutionize banking in developing world

by Tracy Kitten — Editor, AMC

September 27, 2009

The Economist reports that mobile phones have quickly become tools of economic empowerment for the world's poorest nations, overcoming infrastructural…

TIO launches self-service bill payment on Nexxo Financial kiosks, targets Hispanic market

by Tracy Kitten — Editor, AMC

September 16, 2009

Burnaby, British Columbia-based TIO Networks Corp. is now offering its self-service bill-payment services on 100 of Nexxo Financial Corp.'s kiosks, also known…

TIO transaction revenue up 5% for quarter, 17% for year

September 9, 2009

Expedited bill-payment processor TIO Networks Corp. today announced its transaction revenue results for the fourth quarter ended July 2009.   With $4.…

Ask the Experts: Customizing self-service bill-payment for billers

August 31, 2009

TIO Networks' Hamed Shahbazi discusses the many options billers have when working with self-service bill-payment providers.    

Coinstar, TIO banking on the cash-preferred

The two companies have joined forces for a pilot program that will offer TIO's billpay services at existing Coinstar locations.

Highlights from The Inaugural Underbanked Financial Services Forum

Increasingly, the financial services industry is considering the potential of underbanked consumers. This increasing interest was demonstrated by the…

Getting to Know Underbanked Consumers: A Financial Services Analysis

During the past ten years, the financial services activities, attitudes and behaviors of low- and moderate-income consumers have become the subject of a good…

Targeting the unbanked, cash-preferred is focus of new Visa direct-deposit card

by Tracy Kitten — Editor, AMC

July 23, 2009

It's a growing trend: Targeting the unbanked. And one Houston-based company is using the domestic credit crunch as a way to get its foot in the market. …

Unbanked government-assistance recipients give thumbs up to Treasury debit program

by Tracy Kitten — Editor, AMC

July 21, 2009

The U.S. Department of the Treasury has released new survey findings of Social Security recipients, following the launch of the Direct Express Debit MasterCard…