Banks Are Separating Hardware And Software Purchasing To Optimise ATM Efficiency – And Improve The Customer Experience

Banks move away from buying ATM software bundled with hardware Banks around the world are increasingly looking to separate ATM hardware and software purchasing, according to RBR’s new study ATM Software 2016. For many years, ATM deployers tended to use the application software that was delivered with the hardware, but the increasing complexity of the

SWIFT Identifies New Ways For Banks To Simplify Payment Routing Data

new paper discussing opportunities for banks to streamline their internal routing practices. The paper highlights how some banks used the transition to SEPA as an opportune moment to simplify their internal routing practices – and how upcoming initiatives may present similar opportunities. The arrival of the Business Identifier Code (BIC) and International Bank Account Number

Biometric Skimmers are Here: Kaspersky Lab Examine Near-Future Threats to ATMs

Kaspersky Lab announced that its experts investigated how cybercriminals could exploit new biometric ATM authentication technologies planned by banks. While many financial organizations consider biometric-based solutions to be one of the most promising additions to current authentication methods, cybercriminals see biometrics as a new opportunity to steal sensitive information. For years, ATMs have been in

Mastercard & American Red Cross Launch Mobile Disbursements Program for Humanitarian Aid

American Red Cross, with its partner Indonesian Red Cross, launched a pilot program to use Mastercard Send  to distribute funds digitally to families in Indonesia via their mobile phones for the purchase of water and other items during the drought season. The partnership marks the first expansion of Mastercard Send into the humanitarian sector. Mastercard

Governor Cuomo Announces New Payment Options for MTA eTIX

Governor Cuomo said. “By adding the use of cutting edge technology like Apple Pay and Masterpass, we are not only making mass transit easier to use, but are also improving the overall experience of riders.” Governor Cuomo announced that MTA eTix, which had been scheduled for completion by the end of 2016, would be accelerated

Cardtronics To Acquire DirectCash Payments

Cardtronics Chief Executive Officer Steve Rathgaber commented: “Our proposed combination with DCPayments will enhance our global presence by adding Australia as an anchor market in Asia-Pacific, in addition to New Zealand.  It also would grow Cardtronics’ existing ATM estates in Canada, the United Kingdom and Mexico.  The combination will further position us to be the

Miles & More Accepts Wirecard's Mobile Payment Solution in Lufthansa WorldShop Stores

China’s most popular mobile payment solution. The pilot phase started on 1 October in four stores located in Munich and Frankfurt am Main airports in Germany – right in time for the start of the ‘Golden Week’, a holiday period during which millions of Chinese tourists head over to Europe to shop. Wirecard will provide