24 April 2015
“For this post in our EMV Myths Debunked series, we want to share some perspective regarding the pace of EMV adoption by both businesses and consumers.
The upcoming date for the EMV liability shift – October 1 – is less than six months away. With the amount of attention the liability shift is receiving, you might think that on October 2 every consumer will be using a chip credit card and that every business will be taking EMV payments. Don’t count on it. Instead, it looks like the transition to EMV is going to be a gradual one.”
23 April 2015
“Mobile banking is struggling to attract new customers, but those already using it are doing so more often, according to a survey from RateWatch, a banking data service owned by TheStreet Inc.
The “Mobile Banking, Mobile Payments Survey” looks at how financial institutions are offering mobile banking services, how customers are using them, and the results so far, a press release said.”
22 April 2015
This week’s new items!
All are completed and ready to ship.
Last updated 4/23/15.
21 April 2015
“The automated teller machine(ATM) has been around since the first machine was deployed in June 1957 at a Barclays bank branch in Enfield. Over the years the ATM has grown from its humble roots of dispensing cash, on and off-hours. Today, customers can also make cash and cheque deposits on ATMs as well as transfer monies to other bank accounts.
With the growing popularity of mobile payments, there have been predictions of the demise of ATMs but this has yet to happen. The 2014 ATM Market Benchmark Report by Mercator cites the ATM as the go-to-channel for many banking customers. Granted ATM innovations are not as high profile or frequent as other payment platforms but they still do come once in a while.”
20 April 2015
“Mother Nature was smiling as perfect weather allowed hundreds of thousands lined both sides of the Ohio River for Thunder Over Louisville 2015.
It was a spectacular launch for two weeks of Kentucky Derby Festival events.
A sea of reds and greens lit up the sky, each display bigger and brighter than the last, during the night’s finale — the Thunder Over Louisville fireworks.”