Independent ATM Deployers Playing Increasingly Important Role in Global ATM Markets

As banks around the world rationalise their ATM fleets, and remove unprofitable units, independent ATM deployers (IADs) are stepping in to fill the vacuum IADs deploy a growing share of the world’s ATMs RBR’s report Global ATM Market and Forecasts to 2027 shows that while the total number of ATMs worldwide is slowly declining, the

Gen Z’s Message to Merchants: Meet Us in the Metaverse – New FIS Data Shows Young Consumers Drive Demand for Innovation

Millennial and Gen Z consumers are driving demand for embedded finance across a range of existing and emerging touchpoints, according to new FIS research. As technology evolves and the physical, digital and virtual worlds converge, younger generations are inhabiting new channels, such as the metaverse, and creating the need for new ways to transact. Findings

Merchants Use Fraud Management to Shore Up Balance Sheets – ACI Worldwide Data

Recorded fraud attempts remained flat despite a surge in transaction volumes, values and increased number of payment methods, as the broader retail market used Amazon Prime Days 2022 to drive sales, according to new data from ACI Worldwide (NASDAQ: ACIW). ACI Worldwide is a global leader in mission-critical payments software and its merchant business serves tens of thousands of

Mastercard to Bring Crypto Trading Capabilities to Banks

New Crypto SourceTM program extends Mastercard’s safe, secure and trusted services Mastercard has introduced Crypto SourceTM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers. The 2022 Mastercard New Payments Index reported that 29% of respondents globally hold cryptocurrency as an investment, with another 65% indicating a preference

Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets

SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem. The findings, from two separate experiments, solve the significant challenge of interoperability in cross-border transactions by bridging between different distributed ledger

Industry Recognition for SilverBridge Reflects its Continued Innovation in Financial Services

SilverBridge was one of three finalists in the Industry Solution FSI Partner of the Year category at the recent 2022 Microsoft South Africa Partner Awards. This follows a year where the insurance solutions provider continued to drive modernisation, digitalisation, and intelligent automation developments in life insurance and pensions business. The SilverBridge solutions have enabled insurers

Clickatell Research Finds Travelers Embrace Mobile Messaging and Payments with Travel Brands

Clickatell’s latest Chat Commerce Trends Report found 95% of consumers desire a personalized experience in chat for booking updates, especially for flight delays, late check-ins and upgrades Clickatell (www.Clickatell.com), the CPaaS innovator and Chat Commerce leader, revealed the results of its latest Chat Commerce Trends Report: Travel Edition, which uncovers new insights about how today’s consumers

SWIFT Tackles Major Friction in Securities Industry with First End-to-End View of Post-Trade Processing

SWIFT today announces the successful pilot of SWIFT Securities View, a new capability that significantly increases transparency in post-trade processing and helps prevent costly settlement fails. The new service, which will be available for broad adoption in 2023, addresses one of the biggest challenges in the securities industry. The lack of visibility after a securities

Virtual Card Transaction Volumes to Surpass 121 Billion Globally by 2027; Driving Adoption of Contactless Payment Methods

A new study from Juniper Research has found the number of virtual card transactions will exceed 121 billion globally by 2027; increasing from 28 billion in 2022. This represents growth of 340%. It predicts the rising integration of virtual cards to existing digital wallets services, such as Apple Pay and Google Pay, will drive this growth by

NCR to Separate into Two Independent, Industry-leading Companies

NCR Corporation (NYSE: NCR), a leading enterprise technology provider to banks, retailers and restaurants, today announced its Board of Directors has unanimously approved a plan to separate NCR into two independent, publicly traded companies – one focused on digital commerce, the other on ATMs. The separation is intended to be structured in a tax-free manner and