PYMNTS

JULY 23, 2020

72%: Increase in FinTech app usage in Q1 2020. 50%: Decline in automated teller machine (ATM) use since the beginning of the COVID-19 pandemic. 40%: Share of ATMs that run on Windows XP, which no longer receives security upgrades from Microsoft. All this, Today in Data.

Technology 166

Technology Retail ATM Data 166

ATM Marketplace

SEPTEMBER 16, 2022

One credit union is addressing the issue by connecting members to fintech services without sacrificing security. Both banks and credit unions have struggled to keep up with changing consumer expectations.

Fintech 87

Fintech Security 87

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? Trust in Banks.

Fintech 191

Fintech UX Mobile FDIC 191

PYMNTS

FEBRUARY 27, 2020

Online and mobile banking’s increasing popularity has driven many credit unions (CUs) to embrace self-service models, emphasizing ATMs, digital banking and other remote services, and reducing physical branches’ importance. Everybody’s working to this end right now, especially with how FinTechs have gotten into the space,” he noted. “We

Nevada 131

Nevada Innovation Security ATM 131

ATM Marketplace

NOVEMBER 12, 2018

Navigating blockchain, regulatory and fintech trends can be a challenge. The Financial Services Data Security Summit, sponsored by Networld Media Group and Thales eSecurity, can help provide some clarity on these topics.

blockchain 70

blockchain Security Fintech Data 70

Banking Exchange

DECEMBER 4, 2020

OneSpan, one of the leaders in Financial Technology, released its 2021 Security and Fintech Predictions The Economy Technology Tech Management Outsourcing/Cloud Mobile Online Cards Branch Technology/ATMs Security Feature3 Fintech Financial Research Feature Financial Trends.

Financial Technology 78

Financial Technology Technology ATM Trends 78

PYMNTS

MARCH 1, 2020

This strategic partnership will facilitate workers in this segment with a bank account and empowering them [with] digital banking [solutions] as well as financial security. NPCI will assist workers with using the local payment network Rupay, which operates with ATMs, point of sales (POS) devices and eCommerce sites.

Fintech 130

Fintech ATM National Maine 130

PYMNTS

MAY 31, 2017

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? One way that smaller banks are competing in the market for consumers’ attention is through ATMs, where fleet placement can bring a firm to top of mind and cement loyalty.

ATM 100

ATM Millennials Cards Management 100

Abrigo

SEPTEMBER 11, 2023

From a consumer standpoint, we’ve experienced three giant leaps in the fintech industry. Impact of AI Improved access to financial services One was when ATMs became available, and you didn't have to plan your activities around when banks were open. Let us step back in time and look at the last 50 years.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. The lack of security cooperation between bankers and regulators also comes up for blame. Fraud is a Top Worry. But that may now change, he said.

America 102

America Security Miami Conference 102

PYMNTS

MARCH 3, 2020

Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints. Features such as these allow customers to perform a range of banking interactions that would be impossible at traditional ATMs, such as opening accounts and obtaining new credit cards. million compared to unsecured companies’ $5.16

ATM 151

ATM Fraud Study Regional 151

PYMNTS

DECEMBER 26, 2019

The heart of the embrace and appeal of open-source technology is the need for speed, and to evolve use cases for end users (consumers and enterprises) in a more robust and secure fashion. Security Concerns. In fact, financial services and FinTech are most at risk, Black Duck found.

Software 132

Software Payments ATM Course 132

Gonzobanker

JUNE 7, 2023

At first glance, the account resembles plenty of others – free ATM access at thousands of locations, no monthly fees and no minimum account balances. Yes, Chime offers advancements on Social Security payments, but make no mistake: The popular neobank’s target audience is young adults. Early Social Security payments.

Los Angeles 133

Los Angeles Fintech Digital Banking Tools 133

Banking Exchange

APRIL 1, 2020

More than half a trillion real-time payments are expected to be processed over the next five years, according to ACI Worldwide Payments Technology Mobile Cards Online Security Checks/Remote Deposit Capture Tech Management Branch Technology/ATMs Feature3 Fintech Feature Financial Trends.

Payments 78

Payments ATM Trends Fintech 78

PYMNTS

OCTOBER 30, 2019

Global ATM owner and operator Cardtronics released its third quarter earnings report, and the company’s total revenues were up 3 percent, from $340.2 ATM operating revenues were up as well — to $333.4 Securities and Exchange Commission. million the year before to $351.5 million, according to a press release from the company.

ATM 100

ATM Operations Bitcoin cryptocurrency 100

PYMNTS

NOVEMBER 1, 2020

Banks and corporates can use it to help reduce the risk of ATM security breaches, money laundering and fraud. Tsafrir Attar , Surecomp’s vice president of Digitization, said the company Marketplace "delivers added value to our customers through direct access to complementary FinTech solutions within the trade finance ecosystem.".

Fraud 160

Fraud Risk Management ATM Analytics 160

PYMNTS

OCTOBER 30, 2018

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. They don’t necessarily have a [deep] security background. They might want to innovate, but take shortcuts on security.”

Mobile 184

Mobile UX Security Fintech 184

ATM Marketplace

MAY 30, 2019

Pity the poor bank CEO struggling to make strategic decisions about branch transformation, staffing, security and costly ATM infrastructure. As if this weren't enough, now hordes of fintechs are threatening to poach the next generation of customers. We're in the midst of what appears to be a global revolution in banking.

ATM 80

ATM Fintech Security 80

ATM Marketplace

OCTOBER 11, 2019

As banks strive to offer customers good online experiences, they often partner with a variety of fintechs. But how do they ensure that their apps are secure?

Customer Experience 54

Customer Experience Security Fintech Online 54

Bobsguide

MAY 25, 2022

Users also have full control of their cards, allowing them to view their card PIN and manage many other security settings, such as freezing a card or setting permissions on e-commerce transactions, swipe payments and ATM withdrawals, all from within the app.

Technology 147

Technology Payments Cards ATM 147

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. Security threats continue to trouble the industry, however. CUs Stick Together To Compete With Banks, FinTech Firms. Around The Credit Union World. billion in 2009 to $1.54

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

NOVEMBER 13, 2020

Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership. That's a rolling ATM.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

OCTOBER 18, 2019

Pay by Bank app offers a best-in-class digital payment solution that optimizes user experience while making transactions more secure and reducing fraud,” said Suren Nawalkar, senior vice president of consumer applications at Mastercard. PbBa is designed to work with the security of a consumer’s own bank.

Retail 116

Retail User Experience ATM Security 116

ATM Marketplace

JANUARY 18, 2018

It is the need to deal with the unexpected that permeates the agenda of this year's ATMIA US conference: "Securing banking technology in the Internet of Things" … "Robots for testing ATMs" … And my favorite, "Disrupt fintechs with concierge services at the ATM."

Conference 48

Conference US ATM Fintech 48

PYMNTS

AUGUST 20, 2018

According to a newly issued warning to banks , cybercriminals are gearing up to launch a choreographed global scam, known as the “ ATM cashout.” The idea is that the bad guys will hack a bank or payment card processor to clone cards, which they can use to withdraw money from ATMs around the globe. percent.

Data 100

Data ATM Cards Fintech 100

PYMNTS

APRIL 2, 2020

Other banks and B2B FinTechs, meanwhile, have found additional ways to wield the power of the commercial card this week. PayRange is another FinTech using card products to accelerate access to capital for businesses and professionals. Users can receive funds same-day via their Comdata fuel cards, the company noted.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

NOVEMBER 16, 2020

In order to transact through the system, users need to register "keys" with their bank or fintech. Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. It takes consumer data to make PIX work.

Payments 328

Payments System Cards Fraud 328

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. The ATM Real Estate Advantage. Cross River teamed up with Mastercard in 2017 to launch Mastercard Cash Pick-Up, a disbursement service that delivers cash on behalf of businesses to vetted recipients through a network of ATMs. Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

SEPTEMBER 12, 2017

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. MoneyPass, a network of Elan Financial Services , provides ATM and debit card processing solutions for financial institutions, Independent Sales Organizations (ISOs) and retailers.

Innovation 122

Innovation ATM Trends Mobile 122

FICO

NOVEMBER 26, 2019

Take Care at ATMs. If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash. Never approach an ATM if anyone is lingering nearby. Never engage in conversations with others around an ATM. Remain in your automobile until other ATM users have left the ATM.

Fraud 59

Fraud ATM Cards Online 59

NCR

FEBRUARY 14, 2017

The theme of change is now particularly true in areas like the ATM channel, which is so established and familiar that some FIs might not even consider how much potential it has for innovation. This is particularly important given the ATM is the most common self-service channel consumers have with their bank. Wanting to be better.

Retail 75

Retail ATM Innovation Security 75

PYMNTS

AUGUST 22, 2016

The Apple iPhone 6s “Live Photo” feature may present a biometric security vulnerability in various mobile banking applications. Typically, the facial recognition security requires a user to hold the camera up to their face for a certain amount of time and captures some sort of movement to ensure what’s being presented is not actually a phone.

Security 100

Security Study ATM Apple 100

Abrigo

JANUARY 24, 2024

Through FedNow, the fintech also facilitates instant microdeposits, the small-amount transactions used to validate accounts. For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. Reviewing and considering additional security controls for account enrollment.

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

JANUARY 9, 2020

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. The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. and Europe.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

OCTOBER 5, 2017

Paying with your smartphone is OK, but having the option to pay with any device you want — phone, smartwatch, fitness tracker, key fob — all while enjoying the confidence that the transaction is equally secure no matter which method you choose — now that’s the consumer way. Their goal?

Payments 120

Payments America Security ATM 120

PYMNTS

JUNE 1, 2017

After that, they can use their fingerprint at any ATM or point of sale terminal instead of using a card. The system can handle ATM and POS purchases as well as provide digital banking or a consumer payment service hub, noted the report. In the future, NCR will help the company expand into other areas in the Middle East.

Payments 100

Payments ATM System Report 100

PYMNTS

JANUARY 20, 2019

Bitcoin ATM company Coinme is partnering with Coinstar to allow bitcoin purchases through Coinstar kiosks at select Safeway or Albertsons stores in California, Texas and Washington state. And Overstock’s CEO Patrick Byrne told CoinDesk that the company’s tZERO security token trading platform will finally go live by the end of next week.

Bitcoin 178

Bitcoin Texas Washington ATM 178