Russia retracts demand for massive security deposits from Visa, MasterCard

The government has dropped its requirement that the companies put up an estimated $2.9 billion in security deposits, but some restrictions still apply.

Judge says retailer fee complaints vs. Visa, MasterCard can move forward

A US District Court judge has ruled that retailers who opted out of last year's settlement with Visa and MasterCard over surcharge fees may sue the card companies separately.

Connecticut bank looks to build on success of interactive teller technology

The positive response by customers to the bank's implementation of video teller technology has prompted Ion bank to add four more units.

Brazilian banks to improve availability of off-us ATMs

The new agreement among Brazilian FIs will improve ATM access for travelers attending the 2016 Olympics in Rio de Janiero.

Cummins Allison adds ATM business unit, execs

The division will be led by two newly appointed senior directors who bring with them decades of experience in the ATM industry.

Strategic alliance offers real-time EFT edge to CU mobile banking apps

CU Mobile Apps will add a real-time EFT feature developed by CU24 that eliminates the wait time for P2P funds transfers.

New processing center equips Russian FI for rapid expansion

Russlavbank can now launch new products in a matter of days and tailor its products for individuals or groups, assisted by an open system platform from BPC Banking Technologies.

German Bitcoin ATM-maker will go big in the US with 1,000 deployments

By bringing its product into the U.S. market, BitXatm hopes to demonstrate stability of the Bitcoin system and stimulate mass adoption of cryptocurrency.

Android L could be used for kiosks, ATMs

Google's release of the developer preview for Android L has some speculating about its uses for ATMs and self-service kiosks.

Risk management company expands coverage of AML product for cryptocurrencies

IdentityMind Global, a provider of risk management and payments products, announced today in a press release the international expansion of its anti-money laundering solution for Bitcoin and altcoins, including their low-cost Ignite program for Bitcoin startup companies. With its newly...

MasterCard qualifies UL personalization validation tool for US EMV card issuers

UL has announced the qualification of its Collis EMV Personalization Validation Tool (version 3.9.5) by MasterCard, including the U.S. common debit AID (i.e., the U.S.

Free white paper helps ATM deployers get ready for a contactless, cardless future

According to the 2014 U.S. Independent ATM Deployer Survey, nearly 35 percent of ATM deployers are working on a strategy to implement contactless ATM transactions.

Shazam adopts MasterCard common debit solution for EMV transactions

The Shazam Network has announced that it will make the MasterCard EMV debit solution available to all of its participants. The agreement provides all members of the Shazam Network with an EMV license for MasterCard products. “The objective of our...

Cardtronics to purchase Welch ATM for $160M

The combined company will boast a global portfolio of 109,600 ATMs, including 92,500 retail ATMs in the United States.

Aussie central bank mulls mandatory fee notices

The Reserve Bank of Australia wants ATM operators to provide a fee notice at the beginning of a transaction rather than the end so that customers may opt out of high fees.

Compass Plus wraps first phase of ATM switch, processing migration for major Indonesian bank

The project for Bank Tabungan Pensiunan Nasional marks the entry of the payments software and services provider into the Indonesian market.

Nigerian FIs turn to third-party providers to control rising ATM costs

The rising cost of delivering on consumer demands for efficiency is causing an increasing number of banks to outsource ATM deployment and fleet management.

Euro- and pound-dispensing ATMs installed across London Underground

Transport for London and Raphaels Bank have partnered to outfit 70 sites across the London Underground with ATMs that dispense both pounds and euros. The service has been designed to make it easier for busy London workers, commuters and residents...

3-in-1 cash-handler combines functions in a compact form factor

The Glory solution was designed to meet space constraints in smaller branch environments.

Vantiv expands presence in Northeast through venture with People's United Bank

The new People's United Merchant Services combines the FI's strong reputation and broad access to commercial merchants with Vantiv's payments expertise, products, security tools, technology and processing scale.

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