Cashless payments rising fast in the UK

December 14, 2018

In 2018, cashless payments exceeded cash payments in the U.K. for the first time, as the use of banknotes and coins fell a substantial 15 percent. 

Mobile payment behaviors, biases examined in report

December 14, 2018

Simon-Kucher & Partners, a marketing consulting firm, has released "How Behavioral Science Can Unleash Digital Payments Adoption."

South Africa keeps up its affinity for cash, ATMs

December 14, 2018

With a variety of electronic payment options available, South Africans are still not close to calling it quits on cash. In fact, according to a report by…

Bank ATMs in Australia may be farmed out to 'new utility enterprise'

December 13, 2018

Australian banks have secured permission from the nation's reserve bank to sell their ATM holdings. According to a report by The Bull, RBA assent provides…

Florida community bank ATM to dispense cash bonuses during downtown event

December 6, 2018

An undetermined number of lucky ATM users at the downtown branch of Sanibel Captiva Community Bank will receive a windfall with their cash withdrawal on…

Amazon to upsize cash-, cashier-free Amazon Go stores

December 4, 2018

E-commerce retailer Amazon, is testing its cashierless and cashless Amazon Go store concept in larger format spaces, according to a report by The Wall Street…

Consumers say they'll increase spending through holidays; 2 in 10 will use cash

December 4, 2018

One-quarter of consumers plan to spend more this holiday season than they did last year. Somewhat surprisingly, younger generations are leading the trend, with…

Study: ATMs, branches in UK headed for extinction by 2041

November 30, 2018

Projections based on year-over-year averages indicate that ATMs and bank branches will disappear from the U.K. in just a little more than 20 years, according…

NYC councilman aims to outlaw cash-free eateries

November 29, 2018

A New York City council member seeks to crack down on cashless restaurants, arguing that the increasingly popular business model locks out low-income consumers…

Gens Y and Z expected to outdo other demos in holiday spending

November 28, 2018

Nearly three-quarters of consumers expect to spend the same or more this holiday season as they did in 2017, however, younger shoppers will likely outspend…

Reshaping the future of retail cash management

Previously a technology that solved cash supply chain management problems for a select few, retail cash capture has truly come of age, providing a cost…

Christmas comes early for Houston ATM users

November 27, 2018

Bankcard holders who used a Bank of America ATM in the Houston area will get to keep the extra money accidentally dispensed to them by the machine, according…

ATMIA intros "ATMmys" international ATM marketing awards competition

November 16, 2018

The ATM Industry Association has introduced the "ATMmys," a global marketing awards competition presented by the ATMIA International Marketing Forum and…

Cummins Allison intros coin redemption rental program for FIs

November 15, 2018

Cummins Allison, a provider of ATMs and coin, currency and check-processing technology, has rolled out a new rental program that makes it easier for financial…

ATMIA kicks off 2018 Withdraw Cash Wednesday campaign

November 8, 2018

The ATM Industry Association has announced the second annual Withdraw Cash Wednesday event beginning Wednesday, Nov. 21, at ATMs nationwide. 

Fiserv enables fast crediting of cash payments at self-service kiosks

November 7, 2018

QuotePro and Fiserv Inc. have partnered to facilitate faster, next-day availability of funds and mitigate security concerns for businesses that accept payments…

MOVR helps Cash Depot get the right tech to the right ATM at the right time

November 6, 2018

Cash Depot, a privately owned ATM company in Green Bay, Wisconsin, has gone into full production with Morphis Optimized Vehicle Routing, cloud-based cash…

Arca marks 20 years of cash automation technology development

November 1, 2018

Arca, a provider of cash automation technology, celebrated its 20th anniversary in October. The Mebane, North Carolina-based company, founded by CEO Mort…

Bank of England announces plans for new 50 pound note

October 30, 2018

The Bank of England recently confirmed plans to release the final note in its latest series — a 50 pound bank note to be be printed on polymer.

SBI halves ATM cash withdrawal amounts in attempt to spur digital transactions

October 11, 2018

In an effort to reduce fraud and encourage digital transactions, State Bank of India plans to reduce by half the amount of cash that account holders can…