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Fiserv to acquire First Data

Fiserv and First Data Corp. have announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock [...]

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Co-op report highlights debit trends to watch in 2019

Rising instant issuance capabilities and growing PIN debit transaction volumes are boosting credit union debit card programs, according to a new report from Co-op Financial Services. The report [...]

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SECU, Co-op expand partnership with ATM driving, processing agreement

SECU of Maryland, an FI with $3.6 billion in assets and 260,000 members, is expanding its partnership with Co-op Financial Services to include ATM terminal driving, as well as ATM and debit [...]

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Americans mostly unfazed by face recognition tech

A national survey from the Center for Data Innovation reveals that only 1 in 4 Americans want the government to strictly limit facial recognition technology. Asked whether the technology should [...]

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Consumers say they’ll increase spending through holidays; 2 in 10 will use cash

One-quarter of consumers plan to spend more this holiday season than they did last year. Somewhat surprisingly, younger generations are leading the trend, with 35 percent of millennials and 33 [...]

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Walmart launches Dotcom store technology to allow in-store website orders

Walmart is deploying a Dotcom store service that allows in-store customers to buy items on Walmart.com, with the help of store associates who can place orders on their handheld touchscreen [...]

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Federal Reserve’s “Strategies for Improving the U.S. Payments System” Progress Report – October 2018

Download the report

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Cardtronics combats rising tide of attacks on UK ATMs

Cardtronics is fighting back against ATM attacks in the U.K., which now represent more than half of all ATM crime in Europe, but only 15 percent of the region’s ATMs, according to data from [...]

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Target rolls out mobile checkout scanning technology amid holiday push

Target announced new efforts to boost its omnichannel presence during the holiday season with a new mobile checkout called “Skip the Line.” Target said employees, armed with handheld [...]

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Keeping it personal in a digital banking world

The Federal Reserve Board recently found that 43 percent of all mobile phone users with bank accounts had used mobile banking in the previous 12 months, up from 22 percent in the agency’s [...]