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 …
It's alive! It's alive! (video)Can you just see Colin Clive (aka, Count Frankenstein) hunched over a weather-hardened deposit-taking ATM on a dark and stormy night, shouting with joyful abandon as his cash emerges from the dispenser. He is surrounded, of course, by the obligatory …
ATM outsourcing: a better branding idea?ATM outsourcing options have been around for years but many financial institutions remain unaware of the process and benefits of outsourcing. Still others simply refuse to consider the possibility of turning over the responsibility for an important …
Global Cash Access Holdings Inc., a provider of cash access products and services for casinos, released its first quarter earnings report yesterday. Though the numbers were down virtually across the board, company David Lopez, president and CEO of …
Fed study points to increase in mobile POS payments According to a new survey from the Federal Reserve, using mobile phones to make purchases at the point of sale remains fairly uncommon. Yet, the number of these transactions has gone up since 2011. Specifically, 6 percent of survey respondents …
The Royal Bank of Scotland has revealed plans to shutter about 10 percent of its branches in the U.K. Currently the bank operates around 1,700 branches, not counting 316 locations that the European Commission has ordered RBS to sell. Branch closures …
Cummins Allison, a provider of coin, check and currency handling solutions, has introduced a JetScan iFX i100 series desktop banknote solution for currency processing in Europe, Great Britain and Asia, following the product's Canadian launch just …
Ghana's UT Bank has rolled out (literally) that nation's first mobile banking unit. "Bank on Wheels" was unveiled this week at the bank's annual shareholder meeting in Accra. The mobile branch is fully equipped with state-of-the-art communication …
NCR Corp. has announced the launch of its APTRA Interactive Teller solution in the Middle East and Africa, starting with the Middle East. One of the region's largest banks, Emirates NBD of the United Arab Emirates, will be the first FI to offer the …
Aligning payment processing services and customer experienceLast week, Retail Systems Research published the Fast Fact "Retail Payments and the Customer Experience: Waiting for Processors." It was taken from RSR's first benchmark report on the retail payments process, released in March 2013. Source: RSR …
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