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Chase Caps ATM Withdrawals For Non-Customers

PYMNTS

JPMC has capped ATM withdrawals at $1,000 per day for those who are not accountholders with the bank. The move comes following the bank’s initiative to allow ATMs to dispense an unlimited number of $100 bills, which, unsurprisingly, led to abuses and people pulling tens of thousands of dollars out at a time.

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McDonald’s McGold Card Promotes Online Ordering

PYMNTS

The winner will score a McGold Card that gives two free meals a week over a 50-year period, USA Today reported. The news also comes more than a year after a McDonald’s in Boston was to activate what it called a “customized digital Big Mac ATM.” According to the contest’s website , the prize is worth $52,350.

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Going to Germany? Don’t Forget Your Cash!

Celent Banking

Most of the time these days I don't have to think too much about money – my trusted Visa, MasterCard and American Express cards have been serving me well, to the point that I don't even bother exchanging currency before I get on the plane to many countries in Europe, especially Scandinavia, and increasingly, the US as well.

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The Revolution Continues

Independent Banker

According to technology research firm Celent in Boston, the mobile user base will increase from 33 million in 2014 to 47 million in 2015. For the first time, consumers will have the option to snap a picture to enroll in a loyalty program or credit card, and this will open new doors for payment card issuers.

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Function Over Flash

Independent Banker

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. An ATM or branch locator is another standard mobile function.

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Function Over Flash

Independent Banker

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. An ATM or branch locator is another standard mobile function.

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Sizzle Or Fizzle: Uber, Bitcoin, Botnets, SWIFT – And The Wells Wallets

PYMNTS

The weather in Boston – and it’s about darn time. Apple’s first retail store overhaul in 15 years is hailed by just about everyone as a Grand Slam Home Run – and the store hasn’t even opened yet (it will, in SF, on Saturday). But they, like so many storied retail brands, are going through a bit of a spiraling down.

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