Canada’s DCBank has partnered with technology supplier XTM to provide shopping malls and entertainment venues with ‘reverse ATMs’ that let customers instantly convert their physical money into a prepaid Mastercard they can then use to make payments at cashless points of sale. The kiosks “will allow users to securely insert up to $1,000 in cash […]

Russian grocery retailer Azbuka Vkusa has converted an aisle within one of its Moscow supermarkets to a cashierless store-within-a store, enabling shoppers to use their mobile phone to check in at the entrance to the aisle, add their shopping to their basket and “simply exit when done”. “As far as we can tell, it is

The ATM Industry Association (ATMIA) has published an ATM and Cash Revival Plan “for an ATM industry hit hard by the Covid-19 pandemic”. “The advocacy plan has two prongs, a Cash Revival Plan and an ATM Revival Plan,” ATMIA says. “To revive cash use, we will continue our cashless bans campaign to ensure mandatory acceptance

Spain’s CaixaBank is to deploy ATMs equipped with facial recognition technology nationwide “with the goal of offering a better user experience and greater security in transactions, particularly in the context of Covid-19”. “The system is the first launched by a financial institution on a global level that allows users to withdraw money by simply recognising

Taiwan is to introduce a Triple Stimulus voucher programme that will enable residents to buy NT$3,000 (US$100) worth of shopping vouchers for NT$1,000 (US$33.34) — or receive an equivalent cashback credit to their card or mobile wallet. Residents will be able to select any of four types of vouchers — hard copies, credit card payments,

The New York Metropolitan Transportation Authority (MTA) has resumed work on the rollout of its Omny contactless payments infrastructure as part of the first phase of its reintroduction of normal services on the city’s subway and local bus services. The MTA entered phase one of its reopening on Monday, with subways and bus services in

Samsung’s rotatable Sero TV, which uses NFC to let owners mirror both the content and perspective of their mobile phone, is now available in the UK and the USA. Available in South Korea since last year, the Sero’s screen “rotates to fit what you’re watching, so you can enjoy 360° of entertainment — whether it’s

Three of Japan’s largest banking groups have signed up to participate in a study group that aims to build a “digital settlement infrastructure using valuable digital currencies”. Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation have joined KDDI, Seven Bank, NTT, Mori Hamada & Matsumoto and JR East in participating in the initiative, which

Axis Bank has become the first in India to offer merchants the ability to accept NFC, contactless, QR and remote payments on standard smartphones. “The solution enables face-to-face payments with Bharat QR and NFC payments, as well as remote payments for home deliveries via link-based payments,” Mastercard, which is working with Axis and Worldline on