Remove ATM Remove Cards Remove Financial Technology Remove Fraud
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US Bank Looking To Sell Its Payment Unit, Elan

PYMNTS

Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. Elan processes credit cards for 1,800 banks in the U.S., providing payment services, credit card issuing, prepaid card and ATM services as well as debit card processing.

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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. Jack Henry expanded its partnership with SMA Technologies.

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India Aims To Get Rid Of Plastic Money By 2020

PYMNTS

According to a report by The Wall Street Journal , Amitabh Kant, CEO of NITI Aayog, said over the weekend that India was in the process of a “huge disruption” in financial technology and innovation that will lead to citizens moving away from plastic money to mobile payments. “By

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. ATMs, POS & financial technology. Financial technology intelligence application.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. You can look at life events such as marriage, credit card, new job, etc.

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. since DirectCash Payments has 25,000 ATMs around the globe, primarily in Australia, Canada, and the U.K. over the course of the year and found: 78% of cards now contain EMV chips, up from 46% in October 2015.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Credit cards offer rewards but over 60% of payments are made on debit cards. Chip card reader for when customers are shopping online to improve security. Verifies the card and pushes that information onto the merchant. The software/platform pieces is the ability to use virtual card numbers. Plus the 1% rewards.

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