PYMNTS

NOVEMBER 22, 2018

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

ATM 187

ATM Payments Compliance Google 187

PYMNTS

MARCH 4, 2019

The deployment in South Africa of what some observers are calling ATMs for medicine. Officially, the ATM-like machines are called Pharmacy Dispensing Units. To use such a machine, a patient must secure a prescription from a doctor, and then scan at the machine a barcode or pharmacy card, according to the report. Machine Use.

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ATM Mobile System Examples 234

PYMNTS

SEPTEMBER 30, 2020

The corporate card can have a home in the digital wallet thanks to collaborations and technology platforms designed for card issuers. FinTech firm Nium has teamed with Southeast Asia neo-bank Aspire to enable a mobile payments feature with its cards. The collaboration will make every Aspire card available through Google Pay.

Cards 192

Cards Innovation Google United States 192

PYMNTS

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. consumers interested in applying for its new Coinbase Card, a Visa debit card that enables users to use their Bitcoin or other crypto holdings to shop online and in stores, in addition to converting their cryptocurrencies to cash at the ATM.

Cards 193

Cards cryptocurrency ATM Bitcoin 193

PYMNTS

OCTOBER 5, 2020

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.

ATM 158

ATM Software Atlanta User Experience 158

PYMNTS

SEPTEMBER 10, 2019

ATM , as you likely know, is an acronym for automated teller machine. But, as is the case with so much in banking, technology can make the ATM a potent tool for customer engagement — boosting ROI, too — if financial institutions (FIs) leverage a holistic approach with the machines themselves, with a focus on self-service use cases.

ATM 158

ATM Examples Course Strategy 158

PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Expensify Links Cards To Booking. Emirates Islamic Launches Cards For SMBs. Wirecard, Payhawk Eye SMB Expenses.

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Cards Management Report Tools 169

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.

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Analytics Fraud ATM Report 266

PYMNTS

NOVEMBER 8, 2017

In fact, many customers, regardless of age, desire a personal relationship with a financial manager, illustrating a shift in how branches are typically used. Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that. In fact, the number of ATMs in the U.S. The ATM Opportunity.

ATM 126

ATM Strategy Mobile Millennials 126

Gonzobanker

DECEMBER 1, 2022

Moving from a traditional CAPEX model to an “as-a-service” OPEX model could be the key to transforming banks’ ATM/ITM channel. ATMs have changed a bit in the last few years. With the increased usage of debit and credit cards, the rise of eCommerce, and the push for mobile payments, cash has undoubtedly been in decline.

ATM 145

ATM Resources Management Capital 145

Chris Skinner

JULY 20, 2017

With fastPay you can do send money to a mobile phone, withdraw cash from ATM without a card, shop with fastPay businesses and top-up cash for prepaid cards. Kumsal has been building a community of small sized enterprises and providing them with tools to help them manage, promote and grow their businesses via the cloud.

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social media ATM Innovation Digital Banking 292

PYMNTS

NOVEMBER 4, 2020

Corporate travel may still be at record lows, but that doesn't mean corporates aren't making good use of their commercial card products. In this week's Commercial Card Tracker, PYMNTS looks at the latest corporate card solutions that reveal the opportunity of rapidly digitizing commercial payments. Emburse Debuts T&E Cards.

Cards 162

Cards Innovation Management ATM 162

Payments Dive

DECEMBER 4, 2017

At the prestigious Payments and Cards Summit held on 7th June 2017, FSS was recognized with two awards – one for the ‘Best ATM Managed Service Provider of the Year’, and the second for the ‘Best Banking Cards Service Provider of the Year’.

Cards 150

Cards ATM Payments Management 150

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

OCTOBER 29, 2020

The new tool streamlines employee spending data, like mileage costs, employee reimbursements and ATM withdrawals, according to the post. Pleo's main business is providing smart credit cards that make it easier for employees to document expenses and for employers to pay only for purchases they deem appropriate.

Tools 175

Tools Management United States Cards 175

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

DECEMBER 11, 2018

Mastercard is teaming up with mobile payments firm Obopay to introduce a prepaid card for corporates in India. 10) that Mastercard, Obopay and Federal Bank are collaborating on the prepaid card solution that enables corporate managers to gain greater control of their payments and expenses.

Cards 151

Cards Mobile ATM Analytics 151

Perficient

APRIL 18, 2024

For example, switching checking accounts to one with a better interest rate involves resetting direct deposits and recurring bill-paying, printing new checks, and obtaining a new ATM card.

Cards 221

Cards Data Regulation Apple 221

PYMNTS

MAY 27, 2020

To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.

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Samsung Management Mobile Cards 132

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

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

NOVEMBER 30, 2020

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. Virtual Card Payment Trends. Merchants’ efforts to please shoppers have ushered in a wave of virtual card activity in recent months, Knutson said.

Cards 151

Cards Security ATM Data 151

PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . It found that just 2 percent of respondents offered payroll cards in 2014, but that this figure had risen to 28.5

Cards 197

Cards Tools Survey Payments 197

PYMNTS

NOVEMBER 19, 2020

18) that today’s consumers seek money management that is like their own lives — a fast-moving “integrated experience.”. Citi Plex account holders will receive a debit Mastercard, an auto provisioned instant digital debit card. Google Pay store has a waitlist for people interested in opening a Plex account. .

Google 284

Google ATM America Digital Banking 284

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.

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ATM Millennials United States Study 192

BankBazaar

APRIL 13, 2023

B ig wad of cash or a sl eek Credit Card ? Let’s help you figure out the pros and cons of both when travelling abroad , along with a few pro tips on using Credit Card s overseas. However, when faced with the conundrum of whether to carry cash or card while visiting a foreign country, we’ve got all the answers for you in this article.

Cards 148

Cards ATM US Payments 148

PYMNTS

DECEMBER 2, 2020

This is driving demand for virtual cards, digital payment offerings that can authorize purchases without forcing shoppers to hand over sensitive permanent account numbers.”. Virtual cards are expected to facilitate $1.6 Merchants Align Behind V-Cards. As it relates to fraud, once again, virtual cards are having a major moment.

Cards 150

Cards Security Fraud Online 150

PYMNTS

SEPTEMBER 13, 2018

Bank of America is adding mobile wallet functionality to its suite of commercial card products, the bank said Wednesday (Sept. According to Bank of America, mobile wallets can enhance payment security by tokenizing account numbers, effectively using a physical commercial card to generate a virtual card for a particular purchase.

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Mobile Cards Samsung America 141

PYMNTS

MARCH 2, 2020

This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. Checks have been common in temporary staffing, but disbursements to reloadable debit cards are drawing new interest. rose from 3.1 million by 2022.

Cards 130

Cards ATM United States Payments 130

PYMNTS

OCTOBER 24, 2016

The ones at the ATMs in the back of the convenience stores that covertly took down your account numbers and PINs? Because when it comes to ATMs, ATM operators have a lot more to worry about. Because when it comes to ATMs, ATM operators have a lot more to worry about. Remember those skimmers?

ATM 100

ATM Fraud Operations System 100

PYMNTS

AUGUST 27, 2019

but my wife and I weren’t carrying cash as frequently as we used to because we were making all of our purchases with our debit cards and credit cards. ,” Sheehan said. That created an awful lot of last-minute, late-night trips to an ATM. “I have four kids so there were many times when one of our kids needed money (e.g.,

Cards 159

Cards Tools United States ATM 159

PYMNTS

SEPTEMBER 25, 2018

25) that it has agreed to acquire the debit card processing, ATM managed services and MoneyPass surcharge-free network of Elan Financial Services , a unit of U.S. Via the deal, Fiserv will expand its suite of solutions in ATM managed services, which is a key area of growth for the company.

ATM 158

ATM Cards Management Mobile 158

PYMNTS

MAY 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

Cards 135

Cards Millennials FDIC ATM 135

PYMNTS

SEPTEMBER 28, 2016

Fiserv , a financial services provider, has announced a partnership with FCTI , an ATM network company, to provide processing for about 8,000 ATMs at 7-Eleven stores across the nation and will also custom fit its self-service tool so that FCTI can do self-terminal setups.

ATM 100

ATM Trends Customer Experience National 100

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

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.

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Cards Leadership ATM Maine 131

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

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Regional National Cards Mobile 241