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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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Mastercard Partners With Four Retailers For Pay By Bank App

PYMNTS

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. ’s Faster Payments service to give users the option of paying for goods with their bank account.

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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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Shopify To Launch New BNPL And Banking Tools For Merchants

PYMNTS

This is a difficult time to be an entrepreneur — the retail landscape is shifting under our feet, and the old way of doing things no longer works,” Shopify said in a statement. Dubbed “Reunite,” it gave attendees a glimpse into updates and new products designed to help entrepreneurs boost profits.

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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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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

If not, you probably will soon, since it just teamed up with 7-Eleven to bring surcharge-free ATM access to 8,000 of the convenience chain’s retail locations. But its innovation legacy is ATM access without the fees — a concept Miraglia came up with, never expecting it to grow as big as it did.

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How Friendly Friction Builds Better Banking Experiences

PYMNTS

The recent winners we have been seeing in the space have really won because of seamless functionality and well-executed user experiences. It might mean incorporating innovative payment experiences like Zelle directly into their mobile offerings. “That means building an omnichannel strategy is crucial for banks.

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