Features, News & Blogs
You can bet that the ATM down the street from a cannabis shop is one busy machine. Because despite the legalization of marijuana in 18 states, it's still a cash-only business. As far as the federal government is concerned, pot remains a controlled …
The ATM Industry Association has announced a new service that will deliver compliance monitoring and regulatory alerts to United States chapter members in all 50 states and Washington, D.C. ATMIA management and members with expertise in compliance …
How do you follow a year of ATM industry 'firsts'?by David TenteIt hardly seems possible, but the end of this month marks the end of my first year with ATMIA. And that is far from being the only "first" I've logged in the past twelve months.The ATMIA annual conference held in February in Scottsdale …
As part of its ambitious plan to extend financial services to India's unbanked population, the Reserve Bank of India is requiring that 25 percent of all new bank branches be located in rural areas. Now the RBI has announced that banks whose rural …
The Fed’s take on debit interchange post-DurbinIn conjunction with the release of its recent PIN vs. signature survey data, the Fed announced that it would not adjust its cap on interchange rates. The survey showed that by volume, signature networks processed 98 percent of chargebacks and 84 …
On March 29, the ATM Industry Association refiled its amicus brief in the U.S. District Court of Eastern New York, restating the association's opposition to the proposed class action settlement between merchants and MasterCard/VISA. ATMIA reiterated …
Acting in response to public outrage, the Central Bank of Nigeria has decreed that banks will not be permitted to collect an N100 (63 cents) monthly ATM card maintenance fee. Many banks had imposed this fee recently in order to recoup losses brought …
In an attempt to stem rising credit card fraud, the Reserve Bank of India has asked banks in the country to issue debit and credit cards for domestic use exclusively. In order to get an international card, the customer would have to ask for it …
50 shades of ADAI bank at a regional FI with 400-plus locations, including a nearby branch with a drive-up ATM. Recently, I noticed that the keypad had just one raised dot on the number five key — no Braille instructions elsewhere to tell users how to …
As Cyprus banks prepare to reopen Thursday at midday, the country's finance ministry is implementing measures designed to prevent a massive outflow from deposit accounts. This includes further limits on ATM withdrawals. On Monday, the government …
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ATM Compliance Handbook 2012