Consumers continue to turn (and turn often) to the old payment standby: cash. In fact, a recent CardTronics survey found cash to be the preferred payment method in a variety of remittance situations.
Manager, Product Strategy
Community financial institutions should educate cardholders on the dangers of ATM skimming, particularly in Mexico.
Fraud Prevention Manager
What consumers want from their FIs in terms of banking solutions is often as diverse as the consumers themselves.
VP, Risk & Consumer Services
More previously unbanked consumers worldwide are joining the banking system leading to a significant rise in debit growth.
Product Manager, Debit
As more debit cards are upgrade to EMV chips, it is important to understand merchants’ roles in the transaction process.
Product Manager, Credit
As the call for less cash, more plastic gets louder in emerging markets, debit card usage is likely to grow.
Recent rules released by the Consumer Financial Protection Bureau state that prepaid issuers must provide consumers with new access and protections.
Product Manager, Prepaid
Robocalls, social media schemes and criminals posing as fraud investigators are just a few tricks likely to pick up steam this year.
An increasing number of mobile payment offerings means consumers have more ways to pay than ever before.
While rewards are a favorite among consumers, they aren’t the only value-add feature mobile payment offerings can have.
While avoiding chip cards can seemingly keep transaction speeds lightening-like, the cost of such behavior can be fraud.
ATMs are far from a thing of the past. Cash remains king in America, and ATMs continue evolving to meet consumers’ changing needs.
Regulators, consumers and fintech leaders are putting increased pressure on financial institutions to share consumer data.
Director, Digital Products
Vending machines, ATMs and gas pumps yet to be chip-enabled present prime opportunities to fraudsters looking for a quick score.
As lawmakers gear up to revise significant portions of financial regulations, financial institutions can use this breather to shore up their existing programs and systems.
Are ATMs and branch banking over? Not all signs point to yes, but mobile banking and new digital channels are giving cash, legacy channels and good old-fashioned retail locations a run for their money.