PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

JUNE 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

ATM 117

ATM Technology United States Security 117

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

Cards 151

Cards Security ATM Data 151

PYMNTS

JANUARY 9, 2020

Edenred is acquiring Mint ’s payroll card portfolio to bolster its leadership in the United Arab Emirates (UAE), Edenred announced Thursday (Jan. Mint is the second-largest company handling pay distribution and management for under- or unbanked UAE workers. Edenred’s operations focused mainly on Dubai.

Cards 131

Cards Leadership ATM Maine 131

PYMNTS

OCTOBER 6, 2020

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

MAY 19, 2016

ATM skimming just got taken to the next level. Kaspersky Lab announced new research regarding a hacker collective, known as the Skimer group, that uses malware to essentially make an ATM steal users’ money. Instead of putting skimmer devices on the ATM, this group makes the entire ATM a skimming device.

ATM 111

ATM Georgia Groups Policies 111

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

ATM Marketplace

NOVEMBER 21, 2018

Built to increase the channel’s profitability, YB ATM is the only end-to-end ATM software solution available incorporating a versatile switch, rich dynamic client, powerful card management system with real time operational and business tools.

ATM 48

ATM Software Tools System 48

Payments Source

JULY 5, 2016

By October of this year, ATM owners in the U.S. have to replace or upgrade their machines to accept chip cards or face liability for certain types of fraud.

ATM 68

ATM Cards Fraud Operations 68

PYMNTS

JUNE 14, 2018

population was affected by natural disasters last year, according to research from the Federal Emergency Management Agency (FEMA). Smarter workforce management tools with flexible controls can relieve workers of this dilemma, offering organizations a safer way of disbursing disaster relief funds. A magnitude 7.1 More than $7.2

Cards 100

Cards Tools Puerto Rico Management 100

PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. London-based Volopa has unveiled contactless multi-currency prepaid cards geared toward businesses and consumers, according to reports. In addition, U.K. In the U.K.

Cards 138

Cards Analytics Mobile ATM 138

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. In a feature story, Uma Wilson, executive vice president and director of treasury management, card and bank product UMB Bank , discusses analyzing client behaviors throughout channels to find unusual activity.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

APRIL 1, 2019

Unistream , an international money transfer company and bank based in Russia, has launched a corporate card with no annual fees for businesses in the country. The card provides around-the-clock access to funds, as well as the ability to cash-out in any currency at the minimum commission of 1.5 percent at all ATMs.

Cards 108

Cards ATM Industry Payments 108

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Take payroll cards.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

JULY 8, 2020

That includes paying for everything from clothes to restaurant deliveries through online and card-not-present transactions. But in an interview with PYMNTS, Scott Anderson , director of software product management and go-to-market, banking at Diebold Nixdorf , said that predictions of cash’s imminent demise are premature.

ATM 214

ATM Regional Mobile Payments 214

PYMNTS

APRIL 12, 2018

Fiserv, a global provider of financial services technology solutions, announced Wednesday (April 11) it has named Kim Crawford Goodman president of card services. Goodman also held executive leadership positions at Dell and was a partner at Bain & Company, the management consulting firm. percent and 35.1

US 124

US Cards Leadership ATM 124

PYMNTS

OCTOBER 5, 2016

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

Cards 189

Cards Google Tools Regulation 189

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. A driver of change.

ATM 85

ATM Mobile Strategy Fraud 85

NCR

MARCH 17, 2016

Skimming, shimming, sniffing …no they’re not symptoms of the latest flu bug but this outbreak is equally as unhealthy for the ATM community. ATM attacks and crimes have been extremely active over the past year. We have seen card skimming attacks nearly triple in the United States. Implementation of EMV chip cards at the ATM.

ATM 40

ATM Trends Security Cards 40

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 18, 2020

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Around The World Of Smarter Payments.

Mobile 220

Mobile Payments Cards Retail 220

NCR

JUNE 6, 2017

What is the most effective strategy for managing and maintaining your self-service network? Cash use is on the decline in some markets, with industry body Payments UK predicting that debit cards will overtake cash as Britain’s most frequently used payment method by 2019, three years ahead of previously forecast.

ATM 51

ATM User Experience Operations Payments 51

FICO

NOVEMBER 24, 2020

As many of us who have long been in the industry know, fraud remains a top challenge for debit cards. billion in gross (attempted) debit card fraud and ultimately incurred losses of over $1 billion on debit and ATM transactions; the need for an effective solution to this problem has never been greater. In 2019 issuers faced $4.2

Fraud 52

Fraud Cards ATM Case Study 52

PYMNTS

DECEMBER 17, 2020

But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold. Investing titans such as Paul Tudor Jones have bought into bitcoin, holding a portion of assets under management with the crypto as a hedge against inflation, as reported by Bloomberg earlier this year.

Bitcoin 292

Bitcoin cryptocurrency Course Cards 292

PYMNTS

JULY 10, 2020

“We are seeing more and more issuing banks championing virtual cards that feed directly into mobile wallets, doing away with plastic once and for all.”. For example, do we really need plastic cards anymore? In fact, some issuers really did find it hard to maintain these operations at the height of the COVID-19 pandemic.

Payments 201

Payments Cards Mobile Innovation 201

NCR

JANUARY 4, 2017

With the banking industry increasingly embracing trends such as self-service, the ATM network is becoming a more crucial part of a bank’s branding than ever before. Therefore, with debit card usage on the rise, ATMs need to work as effectively as possible. Taking a complete view of the ATM’s performance.

ATM 61

ATM Software Examples Operations 61

PYMNTS

MAY 25, 2018

The service enables those operations to “instantly digitize payments for settlement, driver advances, lumpers, repairs and other common over-the-road needs,” Comdata said in a statement. The service will appeal to such trucking industry participants as brokers, fleet managers and drivers, Comdata said.

Tools 109

Tools Payments Mobile Industry 109

NCR

MARCH 27, 2017

One concept we can expect to become increasingly common is contactless withdrawal from ATMs. Developments in technology have made it possible for people to use ATMs without physically entering their card into the machine. However, it is only recently that this concept has started to make a real impact in the ATM channel.

ATM 40

ATM Cards Examples Technology 40

PYMNTS

NOVEMBER 6, 2018

This comes just a few days after around 10 banks blocked all international transactions on their cards due to concerns about a breach of credit and debit card data. Shoaib said the FIA has written to all of the banks and is meeting with the heads and security management. million was stolen from international payment cards.

Security 139

Security Cards Meeting ATM 139

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Managing The Invoice. That's a rolling ATM.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

JANUARY 11, 2021

At the same time, online card fraud was measured at $6 billion. Customers using Kount – where management noted on the call that data are proprietary – report 90 percent reduction in chargebacks and 70 percent reductions in false positives. Read More On Acquisitions: NCR Looks To Buy ATM Operator Cardtronics For $1.7

Fraud 158

Fraud Online ATM United States 158

PYMNTS

DECEMBER 4, 2018

Comdata, a FLEETCOR company, is rolling out a mobile payments app for fleet drivers using its fleet card solution. The solution is linked to Comdata’s OnRoad Card, a multi-purpose fuel and driver-funds card for the fleet and transportation market.

Mobile 100

Mobile Payments Cards ATM 100

PYMNTS

JULY 17, 2019

Its core card business and its commercial lending activity grew, leading to higher revenue numbers. The company is also continuing to introduce new Capital One Cafes , like the three opened in Chicago, which each offer a full-service Peet’s Coffee as well as ATMs and “ambassadors” who are available to answer questions and provide assistance.

Capital 108

Capital social media Chicago ATM 108

PYMNTS

NOVEMBER 15, 2019

For example, BMO Harris opened a new “smart branch” in Chicago last year with smart ATMs, video screens that link to live tellers and mortgage professionals, and employees equipped with tablets capable of conducting transactions. ATMs Get Smarter. ATMs are another key facet of the digital-first banking experience.

ATM 127

ATM Video Survey Chicago 127

Independent Banker

AUGUST 31, 2015

The rise of electronic transaction channels has transformed the banking industry, making smaller, less expensive branches a reality and sparking new opportunity for the ATM. Today’s advanced technology provides new ways for ATMs to deliver a secure, enhanced customer experience, lower costs and increased revenues.

ATM 70

ATM Branding Technology Retail 70

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131

Fraud Cards Retail Security 131