Fintech Finance

DECEMBER 12, 2023

In case the card is lost or stolen, the preservation of the funds in the account is ensured by reporting this fact to the bank. Cards are canceled and replaced quickly, secure and fast account access being provided immediately.

Debit Card 52

Debit Card Facilitators ATM Bank Card 52

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’.

ATM 60

ATM Bank Card Card Services Service Provider 60

FICO

NOVEMBER 26, 2019

Take Care at ATMs. If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash. Never approach an ATM if anyone is lingering nearby. Never engage in conversations with others around an ATM. Remain in your automobile until other ATM users have left the ATM.

ATM 59

ATM Money Laundering Card Issuer Online and Mobile Banking 59

The Paypers

JUNE 26, 2020

Singapore-based telco Singtel has enabled prepaid customers to use their NETS ATM bank cards to make top-ups and purchases directly on their mobile devices.

Payment Solutions 28

Payment Solutions Mobile Payments ATM Bank Card 28

PYMNTS

APRIL 18, 2019

In addition to the growing adoption of Union Pay cards in the U.S., more than 280,000 merchant locations in Canada, as well as 90 percent of ATMs also accept it. According to China central bank’s data , Chinese people owned 7.59 billion active bank cards in total, 5.46 cards per capita in 2018.”.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payments Debit Card 59

The Fintech Times

MARCH 12, 2024

Auriga , a global software provider for the omnichannel banking and payments industry, has bagged a major new contract with Nationwide to provide a new software solution to run, manage and secure the ATMs installed across its UK branch network. Humble has joined Cushon from Legal and General Investment Management (LGIM).

FinTech 69

FinTech Non-Bank Cross-Border Payments ISVS 69

PYMNTS

AUGUST 20, 2018

According to a newly issued warning to banks , cybercriminals are gearing up to launch a choreographed global scam, known as the “ ATM cashout.” The idea is that the bad guys will hack a bank or payment card processor to clone cards, which they can use to withdraw money from ATMs around the globe.

FBI 40

FBI Zelle ATM Credit Cards 40

PYMNTS

FEBRUARY 3, 2017

Shimmers are actually not new — the security breach has been around since 2015, but many assumed cards equipped with chips were immune to it. But because shimmers are so thin and can easily be hidden inside of an ATM or card reader, it does have the potential to capture the data when a card’s chip is activated.

CHIPS 41

CHIPS Credit Cards Chip Cards EMV 41

PYMNTS

NOVEMBER 28, 2016

The transaction is confirmed with the customer’s ATM PIN code or a one-time PIN code that is sent to their mobile phones. The transactions are classified as an Authenticated Mobile Transaction by banks in South Africa, which Mastercard said ensures consumers are protected from fraudsters.

Online and Mobile Banking 43

Online and Mobile Banking Visa ATM Authentication 43

PYMNTS

JANUARY 21, 2019

Case in point: the bankers who rejected ATMs in their early days, insisting that customers would want to talk to a teller — or banking clients who had been absolutely certain they would never issue credit cards because “their customers only wanted cash and checks, thank you very much.”

Instant Payments 74

Instant Payments Debit Card Payments ATM 74

PYMNTS

JUNE 17, 2019

Discover banking customers also have access to 60,000 fee-free ATMs across the country. The elimination of fees also extends to charges for monthly maintenance, checkbook orders or replacement debit cards. Fees also falling by the wayside include penalties for falling below minimum balances and stop-payment requests.

Deposit Account 62

Deposit Account Accounts Debit Card Stop Payment 62

PYMNTS

SEPTEMBER 7, 2016

MegaFon is responding and has introduced a contactless payment card that uses the subscriber’s mobile phone balance rather than their bank account. Another mobile payment initiative making headway in Russia is the Yandex.Money app, which allows users to make payments and to withdraw cash at ATMs via their NFC smartphones.

Mobile Payments 40

Mobile Payments Payments Contactless Payments Visa 40

PYMNTS

AUGUST 20, 2018

According to a newly issues warning to banks – cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,”. The idea is that the bad guys will hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.

FBI 40

FBI Zelle Credit Cards ATM 40

PYMNTS

JUNE 17, 2019

FPS was developed and piloted with the collaboration of a dozen Russian banks and payment service providers, including Alfa Bank, Gazprombank, Raiffeisenbank and TB, all of which belonged to the Fintech Association founded by the Central Bank of Russia.

Faster Payments 80

Faster Payments C2G Payments P2P 80

PYMNTS

MAY 29, 2020

Such tools could involve using machine learning (ML)-based solutions that monitor customers’ activities across devices and with ATMs to create comprehensive pictures of their normal behaviors. This type of fraud is particularly dangerous because it can easily go undetected.

Online and Mobile Banking 53

Online and Mobile Banking Assessments Accounts Duplicate 53

Fintech News

MAY 23, 2024

Corporate Banking provides corporate loans, trade financing, deposit services, agency services, wealth management, consulting, remittance, custody, and guarantee services. Retail Banking serves individual customers with personal loans, deposits, bank cards, wealth management, remittance, and securities agency services.

Online and Mobile Banking 126

Online and Mobile Banking Treasury Non-Bank Finance 126

The Fintech Times

APRIL 22, 2024

This, it suggests, indicates that cybercriminals can easily access personal data from a single mobile device, especially with 45 per cent admitting they use the same PIN to gain access to the phone as well as multiple apps, services, and bank cards.

Identity Theft 59

Identity Theft Consumer Online and Mobile Banking Monetary Loss 59

Fintech Labs Insights

NOVEMBER 21, 2014

While there has been a few bursts of activity around the holidays the last few years ( previous posts ), banks seem content to let their customers pick up cards at Safeway. Few banks are going to emulate Square''s approach and build gift cards for acquiring clients.

Online and Mobile Banking 24

Online and Mobile Banking Business Day NOV ATM 24

PYMNTS

MARCH 30, 2017

Apple and Square both set off on new international adventures, Wells Fargo embraced the NFC ATM, and Alipay’s parent company decided to offer a more direct response to Euronet’s challenge to its MoneyGram acquisition. Apple Pay will be supported at FamilyMarts throughout Taiwan, though only for users of Taishin International Bank cards.

Online and Mobile Banking 43

Online and Mobile Banking ATM Law Enforcement Mobile Payments 43

PYMNTS

JULY 28, 2020

Placing one’s core banking infrastructure on the cloud can keep customers’ details secure as well as help banks communicate clearly with users if data breaches or other service disruptions occur.

Technology 56

Technology Online and Mobile Banking SWIFT Innovation 56

PYMNTS

FEBRUARY 6, 2019

Since the government has so aggressively enrolled people with bank accounts, there are now literally hundreds of millions of digital endpoints for those remittances from abroad. What we see in rural markets is that people will then go to a bank ATM and withdraw that cash for their local spending,” Nanu said.

Issuers 75

Issuers P2P Cross-Border Push-to-Card 75