Researchers discover chip and PIN flaw

Researchers at the University of Cambridge this week revealed that they had identified a troubling defect in the propagation of one-off chip and PIN verification codes for EMV transactions. The flaw makes it possible for thieves to predict the next...

Study: Brits favor cash, aren't keen on contactless

The U.K. continues to demonstrate a lack of appetite for contactless technology; only 17 percent of citizens there think a "cashless future" would make their lives easier.  This statistic comes from a survey published on Friday by U.K.

Visa showcasing mobile payments at Olympics

Visa will be using its status as a worldwide partner of the London 2012 Olympic Games to show off its latest payment innovations. The company announced it will showcase payments via mobile phone and chip-enabled payment cards at thousands of...

RBS mobile app lets ATM users get cash without a card

It's been a big week on the mobile remote cash access scene, with big players in both the ATM manufacturing and banking sectors rolling out their new mobile/ATM integrations. First, NCR announced its Mobile Cash Withdrawal solution, technology that lets...

Nigeria's new cashless economy getting mixed response

Almost two months after implementation of the Central Bank of Nigeria's cashless policy in Lagos, most Lagosians are less than happy with the project. The Nation Online reported that citizens' general view was the policy had not been well thought-out....

Security's not the biggest problem with m-banking

There's a bigger worry than security when it comes to offering m-banking to the un- and underbanked. That is, how can banks make m-banking a going business concern? This according to Thabiso Moerane, mobile commerce ecosystem leader at Alcatel-Lucent, who...

Indonesian telecom, bank team up on mobile wallet

Indonesia's largest telecom, PT Telkomsel, and state lender Bank Negara Indonesia have created a partnership to allow BNI account holders top up their Telkomsel mobile wallets via ATM transfers, said an article at thejakartapost.com. This is Telkomsel's first such bank...

Boom, Allpoint partner on cross-border mobile banking, remittance services

Boom, a mobile banking provider, and money transfer service owner m-Via have announced both a new low-cost pricing model and a deal with surcharge-free ATM network provider Allpoint to offer Boom users access to more than 37,500 ATMs located in...

Cachet Financial Solutions partners with FI-MOBILE to provide mobile deposit

Cachet Financial Solutions, a provider of remote deposit capture solutions, has entered a partnership with FI-MOBILE, provider of the mobile banking application UniFi, to offer an integrated mobile banking and mobile deposit application, Cachet announced in a press release. The...

Wincor Nixdorf, eServGlobal to launch integrated mobile money solution

EServGlobal and Wincor Nixdorf, a provider of IT solutions to the retail and banking industries, announced they will integrate eServGlobal’s mobile money capabilities with Wincor Nixdorf’s ATM portfolio. The resulting solution will allow consumers without bank accounts to use an...

PULSE and Obopay introduce real-time payment solution

PULSE, a debit/ATM network, and Obopay, a provider of instant mobile payment solutions, will offer real-time money transfer capabilities, the companies announced in a news release. The agreement will allow issuers on the PULSE network to offer real-time person-to-person (P2P)...

New Cellulant, Barclays Africa deal to encourage mobile financial services

Kenya-based Cellulant, a provider of mobile financial services, announced a new deal with Barclays Africa aimed at fostering the development of new mobile financial products and services. The company said it will provide digital services for Barclays Africa in 12...

Barcelona bank rolls out major tap and go program

Spain’s largest retail bank, La Caixa, has begun deployment of contactless payment cards and terminals across Barcelona, said a report at ft.com. The move represents the largest rollout of "tap and go" technology in Europe. The bank will issue 1...

Siri's functionality may some day extend to ATMs

The patent office has made public Apple's patent for its iPhone bot, revealing some of the company's plans for Siri's future, according to a report at the Atlantic Wire. These could include the ability to assist ATM users, one Apple patent application suggests.

Indian central bank approves ATM to mobile money transfers

The Hindu online reports the Reserve Bank of India, India's central bank, has allowed the National Payments Corporation of India, an umbrella organization of retail payment systems in India created to develop the backbone for electronics transactions such as ATMs...

PayPal and mFoundry announce new partnership

Following a spate of stories regarding PayPal this week, including its new pop-up store in New York City and its recent deal with NCR to provide person-to-person payments through ATMs, Dan Schatt, head of financial innovations for the company, posted...

America First Credit Union launches Fiserv's mobile banking platform

Fiserv Inc., a global provider of financial services technology solutions, yesterday announced that Salt Lake City, Utah-based America First Credit Union has launched its mobile banking platform, Mobiliti. With Mobiliti, AFCU members can access their accounts using SMS (text messaging),...

Panelists discuss tokenization during Mobile Payments Today webinar

In a webinar held September 15, 2011, hosted by Mobile Payments Today and sponsored by Magtek Inc., industry experts discussed the role of various security methods in protecting consumer data during mobile transactions. The event, entitled "Bridging People and Payments:...

EU program shows potential for mobile devices to improve financial accessibility for disabled.

An interesting story from Mobile Payments Today's sister site Kiosk Marketplace on how the European Union is funding a project to make self-service terminals more accessible to the elderly and to people with disabilities. Here's the "nut graph" for the...

Cardtronics buys mobile ATM locator app developer

Even when mobile payments reaches wide adoption there will be times when only cash will do. In a deal demonstrating how mobile technologies are even affecting cash machines, and signalling how more acquisitions are being driven by mobile considerations, Cardtronics Inc.

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3 trends for 2018: Safer data, faster payments, better experiences