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

ruled Friday that retailers who opted out of last year's settlement with Visa and MasterCard over surcharge fees may sue the card companies separately.

Brazilian banks to improve availability of off-us ATMs

Seven of Brazil's largest banks announced last Friday that they would implement a new agreement to expand their shared ATM network, Banco24Horas, which is administered by Tecnologia Bancaria. According to a report by Reuters, network members will convert some standalone...

Connecticut bank looks to build on success of interactive teller technology

Ion Bank, a community bank serving customers in Connecticut, is increasing its use of interactive video technology from NCR Corp. The positive response generated since the FI introduced the technology at one branch in 2012 has led to the purchase...

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.

Big data for debit: Marketing tool or money pit?

A new research note answers questions asked by retail bankers and debit issuers who wonder whether - and how - they can benefit from big data analytics.

ChangeGroup lands contract for currency exchange ATMs at Helsinki Airport

To be installed in 2015, the new foreign currency ATMs will give passengers the ability to exchange currency 24/7 at the airport.

In Norway, 5 years to cashlessness

Already, cash accounts for less than 5 percent of transactions in Norway. But not all Norwegians like the idea of having to leave an electronic trail with every financial exchange.

Massachusetts Senate wants committee to investigate ATM safety

Bill S.2251 would create a commission to review the feasibility of enhanced safety and security features at bank and non-bank ATMs across the commonwealth.

Genmega, PAI, Paytoo partnership brings cardless ATM access to the unbanked

The concept is now being tested in a 90-day pilot, after which the partners are prepared to roll out a nationwide deployment of several thousand machines.

New York State proposes regulatory framework for virtual currency firms

The proposed regulatory framework contains consumer protection, anti-money laundering compliance, and cybersecurity rules tailored for virtual currency firms.

Missouri governor signs patent troll bill into law

The state is one of 20 that have now passed or have pending legislation to address the abuse of patent litigation by non-practicing entities.

Texas FI teams with Diebold for branch transformation initiative

Guaranty Bank & Trust of Mount Pleasant, Texas, has adopted advanced solutions from Diebold Inc. to support its branch transformation strategy as the FI expands into the Texas markets of Longview and Bryan/College Station. The bank has opened five locations...

ATMIA to discuss transaction routing concerns with Fed board

The ATM Industry Association announced today that a member task force will meet July 22 with the Federal Reserve Board of Governors in Washington. ATMIA requested the meeting to address growing concerns over the routing of ATM debit transactions. Implementation...

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