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NewsBriefs

Editor's Note: Following are excerpts from news stories recently posted under Breaking Industry held its 20th annual conference in
News on our home page. For links to these and other full news stories, please visit www.green- February at Disney World’s Coro-
sheet.com/breakingnews.php?flag=previous_breaking_news. nado Springs Resort in Orlando, Fla.
Themed ATMs and Apps: The New
Elavon, Womply launch SMB technology suite World of Customer Experience, the
Womply, a provider of business analytics via software-as-a-service, partnered event attracted legacy players and
with leading global payments acquirer Elvaon to help small and midsize newcomers across expanding self-
businesses attract, retain and engage their customers. The technology suite, service channels. ATMIA conference
launched Feb. 13, 2019, addresses growing demand by SMBs for value-added organizers said security featured
services, the partners stated. Guy Harris, president, North America and Global prominently in the agenda.
Revenue at Elavon, said, “Today, even sole brick-and-mortar businesses need Consumers charge ahead
an online presence to attract, retain and engage customers.” with card spending
NRF reports modest sales gains for 2018 holiday season A new report from the Electronic

Retail sales during the year-end 2018 holiday season grew 2.9 percent over the Transactions Association and The
same period in 2017 to total $707.5 billion, according to the National Retail Fed- Strawhecker Group revealed that
eration. That fell short of the 4.3 percent to 4.8 percent gains the NRF predicted U.S. consumers increased usage of
at the start of the season. "Today's numbers are truly a surprise and in contra- electronic payment options last year,
diction to the consumer spending trends we were seeing, especially after such outpacing overall growth in gross
strong October and November spending," NRF Chief Economist Jack Klein- domestic product. According to the
N
he z said. U.S. Spending Snapshot, published by
the ETA and TSG, consumer spend-
Security paramount for ATM industry ing with credit and debit cards and
mobile wallets grew by 7.2 percent
The ATM industry is celebrating historic milestones in 2019, as U.S. ATMs year-over-year for the third quarter of
approach their 50th birthday. As part of this, the ATM Industry Association 2018, more than doubling the 3.5 per-
cent year-over-year growth recorded
for the third quarter of 2017.
Experts see growth in
digital-first banking

New findings from Marqeta indicate
millennials are less likely than older
consumers to remain loyal to their
banks. Survey data found 48 percent
of millennials would consider mov-
ing to a digital-only bank; only 1 in 6
respondents couldn’t imagine chang-
ing banks. Researchers also observed
a growing movement away from pa-
per and electronic checks, with 48
percent of millennials claiming they
"couldn't remember the last time they
wrote a check for something other
than utilities and rent."

2018 a 'milestone year' for ACH
Last year marked a ‘milestone year’
for automated clearing house pay-
ments, as the network’s volume of
cleared payments climbed to nearly
1.5 billion, driven in part by same-
day payments and person-to-person
transactions. 2018 also marked the
fourth straight year of ACH growth
in excess of 1 billion payments, ac-
cording to NACHA.

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