Morning Brief 12.20.19: Dutch banks shut some ATMs overnight to mitigate attacks
The information you need to start your day, from PaymentsSource and around the web:
Dutch banks plan to shut down part of the nation's ATM network between 11 PM and 7 AM in an attempt to halt attackers who use explosives to break into cash machines.
The closures impact ATMs that are outside buildings and thus don't require card access to enter a protected structure, explains Finextra, adding Dutch bank ATM operator Geldmaat will also move ATMs out of areas that are considered high risk. Dutch police have arrested more than 70 people thus far in 2019 for bombing ATMS.
ABN Amro recently cut about half of its ATM fleet because of the attacks.
Apple Pay has had a stellar year in advancing support among transit systems, but there's been a delay in Hong Kong, where the transit network's Octopus cards will debut later in 2020 instead of the end of 2019.
The deployment will cover iPhone and Apple Watch and will likely include Apple's Express Transit quick authentication feature, reports MacRumors. Hong Kong's transit system already accepts Samsung Pay.
Apple Pay has been a large part of the successful contactless transit payment test in New York and earlier this month announced Washington, D.C.'s Metro would add support. Apple Pay also scored transit wins in Philadelphia, San Diego and Shenzhen, China.
Blockhain.com has linked to the U.K.'s faster payments program in anticipation of higher interest in cryptocurrency transactions as Brexit nears.
The gateway will allow users to deposit and withdraw British Pounds and convert to crypto in around five minutes, covering bitcoin, Ether and more cryptocurrencies in the future.
In a release, Blockchain.com is positioning the gateway as a way to encourage "new options" for people to insulate their financial futures from political scuffles that have "destabilized the country's economy."
London payment company Clear Junction has signed an agreement with Paladyum Elektronik Para Ödeme Hizmetleri to enable remittances for Turkish citizens who have migrated to the European Union.
The companies are using SEPA-compliant correspondent accounts to build a network of regional banks and payment companies, enabling P2P payments.
Paladym (PeP) is one of the largest digital wallets in Turkey, which has relatively new but expanding P2P market.
Travel connectionDiscover Financial Services and global merchant acquirer EVO Payments have reached an agreement enabling EVO merchants in the U.K. and Ireland to process Discover and Diners Club card transactions to accommodate international travelers, according to a press release. EVO, with operations in McLean, Va. and London, plans to add other European markets to its Discover-acceptance footprint next year.
From the web
Wawa warns of 'data security incident' involving credit and debit card information
USA TODAY | Thu December 19, 2019
Wawa customers who paid with credit or debit cards in the last nine months may have had their card information compromised, the convenience store chain announced. In a letter, Wawa CEO Chris Gheysens said the chain's information security team "discovered malware on Wawa payment processing servers" on Dec. 10, "contained" the malware by Dec. 12 and "immediately engaged a leading external forensics firm and notified law enforcement."
Direct deposits were delayed by Federal Reserve glitch
CNN | Thu December 19, 2019
Direct deposits and other financial transactions were delayed Thursday by a glitch at the Federal Reserve that has since been resolved. Banks were alerted on Thursday morning to a "disruption" in the Fed's automated clearing house (ACH) network that caused settlement delays. Banks use the ACH network to zip money to each other for online bill payments and direct deposits.
Riksbank reclaims payments role as Swedish cash loses its crown
REUTERS | Thu December 19, 2019
Central bankers in Stockholm worry they are losing control over moving people’s money, while a few banks have gained pricing power over Sweden’s financial plumbing. In a bid to regain the upper hand, the Riksbank is planning a not-for-profit system for the instant settlement of payments, in a litmus test for other central banks.
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