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…

New requirements for net worth, security have India's FIs, CITs, ATM operators running scared

July 23, 2018

The Reserve Bank of India has given bankers a new set of rules for the engagement of cash management service providers. And in doing so, RBI has also given…

Visa report calculates worldwide cost of off-the-books cash-based economy

July 20, 2018

More than 23 percent of the world's economy operates outside the purview of governments, with the result that more than $10.7 trillion of economic activity…

Hyosung, CFM solution integrates cash-recycling ATMs, TCRs with core banking platform

July 20, 2018

Hyosung America has announced a new partnership with CFM, a core-integrated cash recycling platform designed to streamline cash recycling operations between…

Continued ability to pay with cash a 'broad concern' for US consumers

July 16, 2018

Payment choice and, specifically, the ability to use cash in-store are of broad concern for customers in the U.S., according to a new report from Mercator…

Target undertakes cash recycler rollout

July 11, 2018

Next month, Target Corp. will begin the process of automating cash handling at its stores.

District of Columbia councillors submit bill banning cash bans

July 11, 2018

Lawmakers in the nation's capital are weighing in on the growing trend among some merchants — mainly restaurants — of refusing cash payments.

Kenyan FIs hone their competitive edge with cash-recycling ATMs

July 6, 2018

Nairobi, Kenya-based Prime Bank will install cash recycling ATMs at Naivas Supermarket locations in the capital city, a move expected to reduce the cost and…

Why consumers didn't buy Shake Shack's cashless plan

by Will Hernandez — Editor, NetWorld Media Group

Shake Shack founder Danny Meyer recently penned a blog post giving three reasons why his restaurants were going cashless. Consumers pushed back, giving one…

Are your ATM fees driving away cardholders?

by Rebecca Hellmann — Director of Marketing, FCTI

Cash may be on its way out, but the trip looks to be slow, tedious and accomplished by fits and starts. In the meantime, more than three-quarters of consumers…