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Features, News & Blogs

CFPB announces proposed rulemaking for prepaid reloadable cards
The Dodd-Frank Act loophole that exempted general prepaid reloadable cards from fee controls could be closing in the not too distant future. The Consumer Financial Protection Bureau yesterday …
May 25, 2012
ATM fees under fire by SA watchdog group
ATM fee disclosure — or rather, the lack of it — has drawn the ire of a South African consumer advocacy group. A recent report in Businessday said that National Consumer Commissioner …
May 21, 2012
ATM fee placard bill introduced in U.S. Senate
U.S. Sen. Mike Johanns, R-Neb., last week introduced Senate bill S.3204, a measure that would eliminate the ATM fee placard notification requirement. According to a news item at NACS online, the …
May 21, 2012
Nigeria's cashless policy makes progress with deployment of 9,000 ATMs
The governor of the Central Bank of Nigeria said Wednesday that the country's cashless economic policy has seen some success since it went into a limited launch recently in the city of Lagos …
May 10, 2012
Banks in Vietnam get okay on ATM transaction fees
After years of refusals, Vietnam's State Bank has okayed ATM fee collection, despite strong public opposition. Commercial banks in the country have long said they could not make money on their ATM …
May 7, 2012
Visually-challenged Indian youths demand ATM cards
Visually challenged youths in India took to the streets of Bhubaneswar on Monday to protest banks' denial of ATM cards to them because of their disability. According to an article at IBN Live, the …
May 2, 2012
'ATM Security' guide addresses threats, solutions
ATM Marketplace has published its free guide, "ATM Security," sponsored by Diebold. This new document was developed to help ATM operators identify security challenges to their fleet and evaluate new …
April 25, 2012
ADA lawsuits sting Pittsburgh-area banks
A little more than a month after new Americans with Disabilities Act guidelines for ATMs took effect, the lawsuits are beginning to roll in. According to an article by the Pittsburgh Post-Gazette, a …
April 24, 2012
ATMs and the unbanked: an emerging convergence
A recent report by Javelin Strategy & Research revealed that one in six members of Gen Y have chosen to join the ranks of the underbanked. Why? Because on any day, they can walk into any one of 7 …
April 19, 2012 - Suzanne Cluckey
Commentary: EFTA legislation is great. ADA legislation is better.
On Tuesday of this week, U.S. Rep. Blaine Leutkemeyer, R-Mo., introduced a bill to scrap the ATM dual fee notification requirement (Reg E) of the Electronic Funds Transfer Act. Rep. David Scott, D-Ga …
April 19, 2012 - Suzanne Cluckey

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