Features, News & Blogs
MoneyGram has agreed to acquire the money transfer kiosk business of Nexxo Financial — a deal that solidifies MoneyGram's position as the preferred money transfer and bill-payment partner for Nexxo, according to an announcement from the …
Florida-based IAD Premier Payment Systems LLC has inked an exclusive distribution deal with financial services kiosk provider Payteller LLC. Premier, which has been in the ATM distribution business for 12 years, will leverage its relationships and …
"We are working twice as hard and making half as much," was the most common statement at the recent ATMIA Conference in Scottsdale, AZ. This echoed across the entire spectrum of ATM distributors, vendors and service providers. Rightly so. The past …
Fujitsu Frontech North America Inc. has announced that its F50 bill-dispensing units will be used in more than 1,000 self-service billpay kiosks to be deployed by the Hermosillo, Mexico-based Comision Federal de Electricidad. The public bid was …
ATM operators who offer bill payment at their machines — or plan to — should take note of newly released guidelines for the use of QR codes for bill payment purposes. The guidelines were developed by NACHA — The Electronic Payments …
ATMs and the unbanked: an emerging convergenceA 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 7,847 Walgreen's stores (among others) and, for $4.…
"Bank-in-a-Box" from Nexxo Financial Corp. received kudos last month when the multifunction, multichannel K3000 ATM made its debut at ATMIA US 2012, CFSA 2012 and the Prepaid Expo, said Nexxo in a company press release. "Attendees told us they were …
In Mumbai, bank customers are beginning to embrace off-premises banking and banks are only too happy to oblige them, said an article at hindustantimes.com. "We have witnessed that household customers are now not going to bank branches for routine …
Has the check-cashing ATM finally arrived?For Captain Ahab it was Moby Dick. For Wes Dunn it was check-cashing ATMs. "Check-cashing was kind of my 'white whale,'" said Dunn, who is vice president of sales at Genmega. "I've always talked about how I've been chasing this white whale for quite …
With hybrid ATM/Kiosk it's give and takeIs it a Kiosk or an ATM? Yep. More importantly, is it really the shape of the future and is it profitable? Affirmative to those, too, says Sam Shahbazi, executive vice president of Vancouver-based TIO Networks. TIO showed off its new software …
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