Venmo outpacing ATM cash as payment method

September 27, 2018

Rubiix, a social spending platform that distributes ad revenues back to users who provide their data, has released a report showing that Venmo is now beating…

Indian CITs say RBI rules raise 'sudden uncertainty over their very existence'

September 25, 2018

Cash-in-transit firms in India have said that new criteria set by the Reserve Bank of India could very well put them out of business.

NatWest, G4S partner to test UK's 'first intelligent cash management solution'

September 20, 2018

NatWest and G4S are working toward a pilot test later this year of what the companies describe as the "U.K.'s first intelligent cash management solution."

US consumers value cash convenience over credit card points for small purchases

September 18, 2018

For purchases of less than $10, American consumers still prefer folding money. The tipping point for plastic is around the $25 mark, according to new research…

Remittances provider Remitly expands service in Europe

September 13, 2018

Digital remittances provider Remitly is adding 11 new send countries across Europe, according to a press release.

Xoom adds 17K cash pickup locations in Mexico

September 11, 2018

Ten days after announcing a tie-up with the Ria network, Xoom, the money transfer arm of PayPal, has announced another international partnership.

Green Dot, Movo e-wallet team to offer cash reload for Movo card

September 11, 2018

Users of the Movo e-wallet app can now use Green Dot MoneyPak and Reload at the Register cash load products, available at approximately 70,000 retailers…

Canada to intro new $10 note by end of 2018

August 28, 2018

Canada will introduce its first vertically formatted bank note into circulation later this year, according to a press release from Bank of Canada. The $1…

2 years after demonitization, Indian ATMs still not recalibrated

August 24, 2018

Indian consumers continue to feel repercussions from the Modi government's decision nearly two years ago to demonitize 500 rupee and 1,000 rupee notes. 

Back to the future: An argument for the 'retro' bank ATM

by atm Atom — blogger, atmatom

After years of expensive operating system migrations and routine hardware obsolescence, many financial institutions are skipping the upgrade ritual and going…

Venezuela gets new currency as government wrestles with rampant inflation

August 23, 2018

On Monday, the government of Venezuelan President Nicolás Maduro rolled out a new sovereign currency.

India issues strict regulations for ATM replenishment, cash in transit

August 21, 2018

Following a rash of attacks on cash vans, vaults, and ATMs, as well as internal fraud. India's home ministry has taken measures meant to discourage such…

Consumers who choose e-payments over cash less able to recall transaction amounts

August 21, 2018

A research team in Germany has found that people not only tend to spend more when they use a credit card, but also that tend to have a less accurate memory of…

Cash, cards and customer choice: What's a merchant to do?

As noncash payments take the lead some merchants are deciding that they no longer want to accept cash. But while there are costs to managing cash (and digital…

Why are online banking users carrying more cash?

August 9, 2018

Technology is great … until it isn't. It's a fact that Brits who bank online have discovered. And it has caused nearly half of them to change their behavior…

Loss of local bank branch compounded by FI's failure to maintain ATM

August 9, 2018

When RBS closed its branch in Stobswell area of Dundee, Scotland, the bank promised that locals would still have access to he bank's ATM outside the branch.

India's ATM operators face one more costly update

July 27, 2018

Indian ATM operators, have withstood a series of setbacks over the past 18 months or so: demonitization and income-killing cash shortages; expensive security…

Visa report touts advantages of digital programs, payments

July 26, 2018

Visa and a consortium of industry organizations have released Digital Transformation of SMBs: The Future of Commerce, a look at the opportunities and…

Old school meets new in cash-to-crypto investing scheme

July 23, 2018

B21, a personal wealth manager for crypto assets, has formed a partnership with Flexepin, a cash voucher provider, to allow users in Australia, Canada, the…

Diebold, Progress Systems collaborate on CU-specific software for self-service banking

July 23, 2018

Diebold Nixdorf and Progress Systems, a supplier of software solutions to credit unions in Ireland and the U.K., have partnered to provide comprehensive…