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Old ATM Gets Big Upgrade As NCR Unveils ‘NextGen’ Cash Machine

PYMNTS

As the banking world goes increasingly digital, the clunky old ATM is getting a badly need reboot. 5) unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. on Monday (Oct.

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Enticing Suppliers, Buyers To Embrace The Commercial Card

PYMNTS

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.

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Citibank Debit Cards Now Offer Quick Lock

PYMNTS

Citibank has announced news that customers can now utilize the popular Citi Quick Lock feature on their debit cards, enabling them to quickly temporarily freeze their card in order to protect their bank accounts. Customers can easily lock their debit cards online or via Citibank’s mobile app if a card is misplaced.

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Joint ATM networks – a glimpse of the future?

NCR

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. If it is, could it pave the way for similar efforts in other major markets around the world?

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Why banks should embrace the contactless ATM

NCR

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.

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Can Smartphones Solve ATM Skimming

Banking 2020

ATM skimming remains a big business for organized crime rings. According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Another disadvantage of using mobile phones as a card replacement is the use of QR codes, instead of the more flexible NFC, HCE or Bluetooth standards.

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N26 Rolls Out US Mobile Banking

PYMNTS

CEO Nicolas Kopp said in the announcement, “We’re very excited to bring our experience to U,S. In Europe, we’re loved for our effortless and sleek user experience, with no hidden fees. And, according to the announcement, N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account.

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