Payments Source

JANUARY 29, 2018

Today: "Jackpot" attackers hit ATMs; Link opens competition for ATMs in U.K.; Brisbane Airport supports bitcoin; Banks comply with new Swift rules; Robert Shiller warns on bitcoin bubble. The information you need to start your day, from PaymentsSource and around the Web.

ATM 65

ATM Bitcoin SWIFT Rules 65

PYMNTS

JANUARY 13, 2017

James Chappell, CTO and cofounder of Digital Shadows , joined this week’s Hacker Tracker to shed light on how the latest trend of ATM jackpotting is just the tip of the iceberg for cybercriminals looking to steal larger sums of money with bigger attacks. When Bigger Is Better. Keeping 2017 Protected.

ATM 46

ATM Cybersecurity Ransomware Compromise 46

Payments Source

MARCH 9, 2018

Today: The EU pushes for a common fintech market; CBA limits ATM deposits; Swift's distributed ledger proof of concept is mixed; PhonePe takes a shot at Paytm. The information you need to start your day, from PaymentsSource and around the Web.

ATM 69

ATM SWIFT FinTech 69

PYMNTS

APRIL 18, 2019

We helped them send money home through 30,000 ATM machines. The bank is using xCurrent to help with real-time remittance payments between Japan and Thailand, with withdrawal at ATMs, avoiding cash retrieval with agents. Beyond that, people ask, ‘OK, besides Thailand, what can we do?’ We looked at our presence in the regions.

Cross-Border 77

Cross-Border Cross-Border Payments SWIFT Authentication 77

Payments Source

APRIL 11, 2019

Swift releases new security research; Physical ATM attacks on the rise; Most hotels have a security gap. The information you need to start your day, from PaymentsSource and around the Web. Today: Square opens online store in U.K.;

ATM 67

ATM SWIFT Research Security 67

Payments Source

OCTOBER 10, 2017

Today: NBA adds NFC in new campaign; ATM attacks spike in Europe; BofE embraces fintech's future; A new Swift-related hack in Taiwan. The information you need to start your day, from PaymentsSource and around the Web.

ATM 64

ATM SWIFT FinTech 64

Fintech Finance

APRIL 8, 2025

As a result, daily transaction volumes at ATM & CRM usage surged from 35 million transactions in 2021 to 45 million in 2024, and virtual card transactions increased almost six-fold, demonstrating the strong adoption of innovations. Partnering with BPC and implementing SmartVista delivered all of these and more.

PCI DSS 94

PCI DSS ATM Debit Card Accreditation 94

Fintech Finance

OCTOBER 17, 2024

These devices enable consumers to make swift, secure payments by simply tapping their wearable at any compatible point-of-sale (POS) terminal, ATM, or NFC-enabled payment point. This innovation enhances the consumer experience while setting a new standard for secure, frictionless payments, advancing financial inclusion in Somalia.

Visa 122

Visa Technology Financial Inclusion Contactless Payments 122

Payments Source

APRIL 5, 2017

Today: Visa, PayPal collaborate in Asia: An 'easy' ATM hack; North Korea may have been behind Swift hack; Azimo adds mobile pay tech. The information you need to start your day, including top headlines from PaymentsSource and around the Web.

ATM 60

ATM SWIFT PayPal 60

PYMNTS

DECEMBER 10, 2020

One aspect of brick-and-mortar banking that appears to be becoming more important to consumers — especially during the pandemic — is it the ATM, with consumers heading to these machines to withdraw cash or conduct other financial activities without having to interact closely with human tellers.

Posting 93

Posting Online and Mobile Banking ATM Credit Union 93

PYMNTS

MAY 27, 2016

First it was one, then two and now it’s said to be 12 banks that have potentially been compromised using SWIFT communication protocols. I recall three years ago at Innovation Project 2013 that a rather prescient panelist said that the payments system’s worst nightmare would be having the SWIFT network breached.

SWIFT 43

SWIFT Bitcoin Online and Mobile Banking ATM 43

Fintech Finance

NOVEMBER 21, 2024

Ideal for Daily Financial Needs: Post-arrival, Beacon Money supports everyday financial needs, including salary disbursements, Interac e-Transfer®, bill payments, and a Visa card (both physical and virtual) for online, in-store, and ATM transactions. Signing up for Beacon Money is a simple, fully digital process: Download the MyBeacon app.

ATM 95

ATM SWIFT Verification Accounts 95

Fintech Finance

JULY 10, 2024

It will enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. This partnership also targets a 75% efficiency boost through process automation and eliminating manual actions, reducing errors. AFFIN will handle over 20% more transactions, supporting growth and scalability.

ISO 20022 98

ISO 20022 Real Time Payments ISOs Payments 98

PYMNTS

MARCH 6, 2020

The RBI has capped the withdrawal limit at Rs 50,000 ($676) for 30 days, sending people into a panic and emptying Yes Bank’s ATMs of cash. The restriction by the government also stays the “commencement or continuance of all actions and proceedings” against the bank. There is no need to panic,” the central bank said in a statement. “Yes

Caps 67

Caps ATM Central Bank SWIFT 67

PYMNTS

OCTOBER 25, 2019

Mastercard -owned Vocalink has contracted with LINK through 2031 to continue offering ATM switching and settlement services to roughly 60,000 ATMs in the U.K., An infrastructure partner to LINK since 1986, Vocalink will remain the technology provider that connects ATMs to the LINK network. “We

ATM 40

ATM SWIFT Payee Visa 40

PYMNTS

OCTOBER 25, 2019

Mastercard -owned Vocalink has contracted with LINK through 2031 to continue offering ATM switching and settlement services to roughly 60,000 ATMs in the U.K., An infrastructure partner to LINK since 1986, Vocalink will remain the technology provider that connects ATMs to the LINK network. “We

ATM 40

ATM SWIFT Payee Visa 40

Fintech News

FEBRUARY 7, 2024

Regulatory reprimands and the path to redemption The Monetary Authority of Singapore’s (MAS) response was swift and stern, signalling the regulatory body’s dwindling patience with the bank’s repeated failings. The imposition of an additional capital requirement of approximately S$1.6

Non-Bank 111

Non-Bank Authorization Regulatory Compliance ATM 111

PYMNTS

MARCH 13, 2020

The RBI capped the withdrawal limit at Rs 50,000 ($676) for about a month, which caused people to rush to Yes Bank’s ATMs and withdraw cash. Yes Bank had been struggling to offload a number of bad loans. There is no need to panic,” the central bank said in a statement.

Caps 60

Caps ATM Central Bank SWIFT 60

PYMNTS

JANUARY 17, 2019

The exchange’s APIs will span product offerings and service offerings such as deposits, foreign currency exchange, insurance and loan offerings — and will also include safe deposit boxes, branch and ATM services that are part of general banking operations.

API 53

API Cross-Border Payments Payment APIs and Integration Cross-Border 53

Payment Savvy

NOVEMBER 9, 2022

The history of electronic funds transfers begins in the 1960s, with the advent of ATMs. ATM Transactions. As you are probably aware, ATMs allow bank customers to conveniently withdraw cash from their accounts without going inside the bank and speaking to a teller. History of EFT Payments. Types of EFT Payments. Wire Transfer.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

PYMNTS

FEBRUARY 6, 2019

After a long, intensive crash course in payments, international money transfers, SWIFT , AML/KYC and a host of other financial service areas, it was clear to Nanu that the international payments market was in dire need of newer, better ideas. The trend in both mature and developing markets, he noted, has been toward digitization.

Issuers 75

Issuers P2P Cross-Border Push-to-Card 75

PYMNTS

FEBRUARY 1, 2017

In addition to the innovative Eyeprint ID feature, renewed Yapı Kredi Mobile also stands out with swift contactless money withdrawal from ATMs via QR code and direct access to the Call Center.”. How long before this technology spreads to banks throughout the world?

Mobile Banking 51

Mobile Banking ATM SWIFT Verification 51

M2P Fintech

OCTOBER 19, 2023

Banks can create multiple touchpoints like mobile apps, online banking, Point of Sale (POS), physical branches, and Automatic Teller Machine (ATMs) for customers to transact. ATM Management: Manages ATM networks ensuring their availability, functionality, and connectivity to the core system.

Online and Mobile Banking 52

Online and Mobile Banking ATM Point-of-Sale (POS) Compliance 52

PYMNTS

NOVEMBER 20, 2020

Employers can utilize these prepaid debit cards to provide funds to their workers and remotely reload them each payday, and cardholders can use these tools to make payments or collect cash from ATMs, typically without incurring fees. .

Payroll 78

Payroll Push-to-Card Direct Deposit Debit Card 78

PYMNTS

FEBRUARY 6, 2017

The company built its FPS using its own payment technology linked to Authentic to implement a real-time, future-proof solution that will be scalable as demand grows, complementing the company’s growing range of services for SWIFT, Bacs, CHAPS, Paym, CASS, checks, Bank of England settlement services and more.

Faster Payments 46

Faster Payments Payment Networks Fraud Detection Regulatory Compliance 46

The Fintech Times

APRIL 22, 2024

“Criminals are returning to old-school shoulder surfing tactics – that made ATMs a nightmare – to access the phones they then steal to commit secondary crimes. Our research suggests that currently, they are not doing enough.

Identity Theft 59

Identity Theft Consumer Online and Mobile Banking Monetary Loss 59

FICO

SEPTEMBER 17, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. The group is also alleged to have orchestrated the $81 million cyber heist at Bangladesh Bank by siphoning off SWIFT payments from the bank’s Federal Reserve account.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

The Fintech Times

JANUARY 2, 2024

For sending money internationally, Zing will launch with the ability to send over 30 currencies using a combination of local and Swift payments. It can automatically convert currencies held in other wallets to complete a transaction at the point-of-sale. Zing has put the wants and needs of customers at the centre of its product development.

Multi-Currency 59

Multi-Currency Debit Card ATM SWIFT 59

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years.

Credit Cards 77

Credit Cards Credit Union Consumer Data Breach 77

M2P Fintech

JANUARY 3, 2024

Real-time Transaction Processing & Data Availability Ensure your core banking solution provider supports real-time transaction processing for the swift execution of services such as deposits, withdrawals, transfers, and payments.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

PYMNTS

JULY 28, 2020

Tapping The Cloud For A Swift Innovation Cycle . Morris described a 2019 incident in Australia in which a critical piece of the nation’s ATM infrastructure was accidentally damaged , leading to outages of bank cards and payments across the country.

Technology 56

Technology Online and Mobile Banking SWIFT Innovation 56

PYMNTS

MARCH 1, 2019

ATM cards, Febreze and the FICO score were all around for a while languishing in relative obscurity until something happened to push them into mass consciousness. SWIFT : Reaches a tipping point as more than 50 percent of its cross-border payments have been completed using gpi, and marking a year-over-year increase of more than 270 percent.

Finance 63

Finance Identity Theft Push-to-Card Underwriting 63

PYMNTS

AUGUST 15, 2018

GenBank’s ATMs will still accept Visa and Mastercard cards that are issued by other banks outside of Crimea, noted the report. Russia is reportedly looking to use the platform to replace SWIFT ’s inter-bank communications network.

Visa 40

Visa Central Bank Credit Cards ATM 40

PYMNTS

JUNE 17, 2019

Another member of the association involved in the development of the service was QIWI a provider of several payment solutions including ATMs, bank cards, digital wallets, virtual cards and eCommerce solutions.

Faster Payments 80

Faster Payments C2G Payments P2P 80

FICO

SEPTEMBER 19, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. The group is also alleged to have orchestrated the $81 million cyber heist at Bangladesh Bank by siphoning off SWIFT payments from the bank’s Federal Reserve account.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

EBizCharge

APRIL 25, 2024

EFTs typically include digital payments such as direct deposits, ATM transactions, and credit and debit card payments. With the swift pace of modern finance, wire transfers simplify the transfer of funds by offering a streamlined process, ensuring efficient transactions. What are the different types of EFTs? How do wire transfers work?

Wire Transfer 52

Wire Transfer Wire Wires Electronic Funds Transfer (EFT) 52

PYMNTS

JUNE 25, 2018

According to Ong, checks will be entirely phased out of Singapore by 2025, and experts predict a drastic reduction in ATM cash withdrawals. The aim is not to force a cashless society, but to enable everyone to enjoy the convenience and efficiency of e-payments — simple, swift, safe and seamless,” Ong said in his speech.

Checks 40

Checks Payments ATM SWIFT 40