Payments Source

OCTOBER 19, 2018

Cash is king when it comes to community events, and event organizers know this; which is why they hire qualified, professional mobile ATM companies to manage the ATMs they have on site, writes Yonas Marcos, president and CEO of Star Financial Services.

ATM

Payments Source

AUGUST 23, 2018

ATM jackpotting is a growing threat throughout the United States, with thieves attempting to attack the most vulnerable locations possible, according to Paul Albright, executive vice president of Outsource ATM.

ATM

Payments Source

APRIL 18, 2018

Refurbishing ATMs to accommodate mobile payments is less expensive than buying new ones, and is a solid green strategy, according to Mark D. Smith, director of business development for MVP Financial Equipment.

ATM

Payments Source

MAY 9, 2018

Millennials view the ATM as central to how they manage their money and go about their daily lives, writes Yonas Marcos, president and CEO of Star Financial Services.

ATM

Payments Source

JANUARY 31, 2019

Criminals are going to get smarter, but banks can implement a modern authentication solution to meet unique use cases and security requirements without sacrificing user convenience, writes Mike Byrnes, senior product manager at Entrust Datacard.

Authentication

Payments Source

AUGUST 30, 2017

By eliminating the friction of a cardless ATM, the utility value of the mobile wallet has just increased by an order of magnitude, writes Dan McKinney, co-founder and chief marketing officer at Finxact.

ATM

Payments Source

JUNE 20, 2017

Mobile ATMs are generally more secure than card-based machines, but still require more security than more traditional digital transactions, writes Sam Shawki, founder and CEO of MagicCube.

ATM

Payments Source

APRIL 17, 2018

ATMs require dual-factor authentication in the form of a physical card and a PIN, and this same concept should be extended to phone transactions, writes Patrick Cox, CEO of TRUSTID.

Account Takeovers

Payments Source

AUGUST 9, 2019

Most ATM update projects fail for a variety of reasons, such as the amount of time and effort required was simply underestimated, competing priorities get in the way, a lack of resources, a reliance on manual testing processes and procedures, according to Paragon Application Systems' Steve Gilde.

ATM

Fintech Finance

JULY 10, 2024

It will enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. As the industry adopts ISO 20022 globally, this modernisation solution meets regulatory mandates, improves system resilience, and integrates future payment services. AFFIN will handle over 20% more transactions, supporting growth and scalability.

ISO 20022

Payments Source

APRIL 10, 2019

With no firm dates announced for processing certification and delivery dates for new hardware and upgrade kits 120 days or more out, the Windows 10 migration is shaping up to be a scheduling and budgetary nightmare, writes Yonas Marcos, president and CEO of Star Financial Services.

ATM

Payments Source

MARCH 24, 2020

While financial institutions are encouraging customers to use their digital banking services rather than the branch or ATMs during the outbreak, attackers will also be looking to exploit this potential increased adoption of mobile banking and mobile payment apps, says OneSpan's Sam Bakken.

ATM

Payments Source

JUNE 13, 2018

Rising technology expense and security challenges will require institutions and ATM operators to get more creative in managing resources, such as finding new uses for discarded machines, according to Mark D. Smith, director of business development for MVP Financial Equipment.

ATM

Payments Source

APRIL 11, 2018

But resourceful crooks will relentlessly probe systems, processes, and people until they find a weakness or an opportunity. That weakness is the magnetic strip that still exists on all EMV cards, according to Nathan Horn-Mitchem, senior vice president and chief information security officer at Provident Bank.

EMV

Payments Source

MARCH 31, 2019

By learning from the struggles that resulted from Wells Fargo’s outages, the rest of the financial world can improve its own disaster recovery plans, writes Todd Matters, chief architect and co-founder of RackWare.

Disaster Recovery

Payments Source

NOVEMBER 30, 2016

Banks tend to respond to ATM and payment breach risks after an incident. They need to get more proactive.

Payment Security

Payments Source

FEBRUARY 1, 2018

This trend will continue until banks have addressed key vulnerabilities, write John Gunn, CMO of VASCO Data Security, and David Vergara, VASCO's head of global marketing.

ATM

Payments Source

JULY 26, 2018

machines migrate to EMV, there's a mix of physical security and software that can mitigate the mounting security risk, according to Mark D. Smith, director of business development for MVP Financial Equipment.

EMV

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

The Paypers

FEBRUARY 23, 2021

Bitcoin Depot , a US-based Bitcoin ATM (BTM) operator, has added 50 Independent Sales Organisations (ISOs) and independent ATM deployers (IADs) to its partner channel.

Bitcoin

PYMNTS

JANUARY 17, 2017

Today, Paragon tends to focus on consumer payments with a particular eye on ISO interfaces and ATMs. There is a lot of blurring between the ISO 8583 format and ISO 20022 format, which starts to move you towards the commercial banking side,” he said.

ISO 8583

Payments Source

FEBRUARY 3, 2020

The shift from person-to-person deposits to digital options – including mobile, ATMs and RDC – has created new challenges to fraud prevention efforts.

RDC

Fintech Finance

JULY 19, 2024

Retail payments, such as ATM and card payments, remained unaffected. is set to streamline the UK’s interbank payments into a single, and more agile payments settlement system that is compliant with ISO 20022, as opposed to the numerous systems such as Faster Payments, BACS that are currently in place.

Payments

PYMNTS

DECEMBER 21, 2018

Over-planning is key,” said Iso Rabins, a California chef, in a recent interview. “A After all, when the business was cash-only, customers tended to resist the effort of walking a few feet to the nearest ATM and (very often, depending on one’s financial institution) paying the fee to get cash out of there to fund their cheesesteak impulses.

Credit Cards

The Payments Association

OCTOBER 14, 2024

Such policies involve controlling the withdrawal of digital currency in a manner akin to existing limits on the withdrawal of cash from ATMs, and they do not necessitate control over wallets.

Privacy

PYMNTS

DECEMBER 30, 2016

Andy Brown, Marketing Director of Payments, NCR : “One challenge that will gradually be overcome in 2017 with the move to ISO 20022 is the availability of information with the payment transaction that will make reconciliation much easier. It digitizes the paper check.”. “A

ISO 20022

Payments Source

OCTOBER 23, 2016

migration has passed the one-year mark, but more key dates are on the horizon.

EMV

Finovate

JULY 12, 2024

The technology will enable Affin Bank to process 20%+ more transactions, and enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards.

ISO 20022

Payments Source

MAY 29, 2019

Many kiosk manufacturers focus on cost and manufacturing efficiencies, placing little to no emphasis on experience architecture — where the physical meets the digital in design and engagement, writes Scott Reese, chief technology officer at Harbor Retail.

Consumer

Payments Source

FEBRUARY 20, 2018

By investing in next generation strategies and shifting their mindsets about testing, organizations can better safeguard and control the payments process, providing a more reliable customer experience and better protecting one of their most important assets—their reputations, writes Steve Gilde, a director at Paragon Application Systems.

AI

Payments Source

MARCH 27, 2017

As multi-factor identification becomes the norm, biometrics can be one or more steps that consumers can easily execute.

Authentication

The Payments Association

APRIL 14, 2025

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. ISO 20022 also unlocks improvements in fraud detection, regulatory reporting, and data analytics. What’s next?

Regulations