Skim-readings: ATM industry news and notes for August

In this roundup: Polls, applause, and a painful lesson in payback.

US Treasury turns out 566.6M banknotes in July

Though 90 percent of new bills replaced unfit notes, the remainder represent the continuing upward trend in terms of total cash in circulation.

JV aims to address China's 'conspicuous gap' in ATM service

In China, something as simple as a stuck card can take an ATM down for a week, an issue that Minsheng Bank and ATM Japan aim to address.

Report offers practical guide to EMV debit transaction process

A report by Mercator follows the post-EMV routing of nine debit types from payment selection through authorization response.

Qatari CIT firm goes 'end-to-end' with cash management software

Hemaya Security Services says its newly implemented CashWebCommunity software allows real-time collaboration with customers for greater supply chain efficiency.

Study: Nontraditional providers will drive financial industry innovation

Not surprisingly, the younger the consumer, the more more likely that a nontraditional provider would be considered a reasonable choice.

Muthoot proposes alternative to India's ATM security guards

Muthoot Pappachan Group has launched MPG Security Group to deliver 'technologically advanced' security services.

Wincor, Nokas partner to offer cash optimization for Benelux retailers

The companies have launched a joint venture to provide cash management services, deposit solutions and cash-handling optimization for retail operations and ATMs.

India's central bank extends deadline for EMV card migration

The Reserve Bank of India has responded to concerns voiced by the nation's FIs that a September 2015 deadline is impossible to meet.

TMG completes in-market testing of EMV debit

The company has partnered with pilot clients across the US to issue and successfully test EMV debit cards in real-world merchant environments.

Australian IADs seek to lift lid on ATM withdrawals at gaming clubs

A group representing the ATM industry says that 65 percent of the money withdrawn from club ATMs isn't even used for gambling.

Report: Biometric device shipments for financial industry to total 212M units by 2024

Tractica anticipates that finance biometrics hardware and software revenue will increase from $126 million in 2015 to $2.2 billion in 2024.

Eval 4dev sends EMV Level 2 kernel testing to the cloud

Fime says its new solution allows development teams to check their work step by step, reducing the risk of failure in certification testing.

Brunei bank taps Euronet for ATM-switch changeover

The ITM Payment Hub solution allows Brunei-based Perbadanan TAIB to manage a host of transaction functions from a single platform.

Study: Mobile RDC continues to gain ground with US consumers

More than half of all American adults used mobile deposit at least once last year, according to an American Bankers Association survey.

Central bank forecasts drop in Aussie ATM numbers

As Aussies change their spending ways, their ATM visits have declined — and so will the number of cash points across the nation, the Reserve Bank of Australia says.

Chinese FI aims to take ATM cash management savings network-wide

After saving 20 percent on cash management costs in a limited pilot, ICBC Zhongshan is rolling out NCR Aptra OptiCash to its entire 600-unit network.

Rural Wales villagers looking at a long trek to the ATM

Villagers in Conwy reportedly will have to make a 30-mile round trip to reach the nearest cash machine after their local HSBC branch closes.

FIS establishes 'financial inclusion lab' in India

The lab's mission is to create and test solutions that will increase financial literacy for India's unbanked millions.

1,000 bitcoin ATMs going to Greece

With strict capital controls in place and trust in the banking system 'long gone,' Greeks are turning to bitcoin as an alternative to fiat currency.

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