Payteller adds RDC to financial services kiosks

Payteller LLC, the company behind the Payteller financial services kiosk, announced today that they have selected the CheckAlt Remote Deposit Capture solution, which the company said will generate higher traffic levels for merchants. The Payteller kiosk offers prepaid cellular phone...


Diversify ... how and why

"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.

ATMs and the unbanked: an emerging convergence

Un- and underbanked Americans pay $45 billion a year in fees; the ATM industry is figuring out how to claim its share.

Has the check-cashing ATM finally arrived?

Partner companies believe they've reeled in The Big One.

With hybrid ATM/Kiosk it's give and take

Is 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 capabilities in combination with a Genmega Inc. cash-in, cash-out tandem setup at ATMIA US 2012.

ATMIA US 2012: An ATM hybrid adds kiosk capabilities

TIO Networks showed what IADs may come to consider as ATM 2.0 — a self-service bill-payment business model that combines current and next-gen revenue generators.

Commentary: Self-serve, mobile payment options provide convenience for customers

Through automation, service providers reduce operational risks, and improve reconciliation and auditing.

Reports offer conflicting forecasts on installed ATM growth

One report attributes growth to next-generation machines, while the other points to cash demand.

Giving the gift of payment

This Christmas season, the search for perfect gifts takes shoppers to convenience stores, groceries, electronic and other retail locations across America where they can pay their families and friends' bills and reload their prepaid debit cards through self-serve automated kiosks....

Kiosk ISO paradigm: Business innovation with ‘reverse ATMs’

The ISO business model proves that small and large entrepreneurs can compete on an equal footing. All it takes is innovation, reinvention, and replication of a successful business model.

BAI 2011: Wincor Nixdorf's new ATM user-interface

Wincor Nixdorf's new user-interface gives customers the option to explore and print/email numerous functions and data.

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MoneyGram acquisition of Nexxo kiosks expands financial services

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 companies. MoneyGram, a globally-operating...

ATM distributor jumps into financial services kiosk business

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 resources to launch its...

1,000 payment kiosks in Mexico to be equipped with Fujitsu bill dispensers

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.

NACHA council issues guidelines for QR code use in bill payment

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...

Nexxo debuts 'Bank-in-a-Box' ATM

"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...

Mumbai bank customers embrace non-branch banking

In Mumbai, bank customers are beginning to embrace off-premises banking and banks are only too happy to oblige them, said an article at "We have witnessed that household customers are now not going to bank branches for routine transactions,"...

Cardtronics shares bumped up to $29 price target

On January 12, research analysts at JPMorgan Chase & Co. boosted their price target to $29 on shares of Cardtronics, a provider of automated consumer financial services through ATMs and multi-function kiosks.

Absa will refresh ATM fleet, add several self-service features

Absa, South Africa's largest retail bank, today announced that it is adding more self-service features to its ATM fleet. According to a press release, new features will include the capability to print bank statements, pay utility bills and make charitable...

New BS/2 project to provide more self-service options through ATMs

International business process outsourcing company BS/2, together with Kapital Bank, one of Azerbaijan's largest banks, are currently implementing a project to add e-banking functions to ATMs and payment terminals. According to Jevgenijus Žuljevas, a BS/2 representative, the Payment.iQ project will...

Citibank increases ATM footprint in Bahrain

According to AME Info, Citibank N.A. announced the installation of three ATMs at three new locations across Bahrain in Ramli Mall, Bahrain Financial Harbor and Isa Town (Jidali). The new ATMs will allow customers to perform cash withdrawals, deposits, credit...

NCR launching self-service bill pay kiosk hardware in MEA

NCR Corp. yesterday announced it is launching the NCR SelfServ Bill Pay Kiosk hardware, software and managed services payment solution with SIM card dispensing in the Middle East and Africa region. The self-service solution enables consumers to purchase SIM cards,...

IFC to invest $2 million in India-based ATM manufacturer Vortex

VC Circle reports that International Finance Corporation plans to invest up to $2 million in Chennai, India-based Vortex Engineering Pvt. Ltd for a minority stake. Vortex manufactures and installs low-cost ATMs in rural and semi-urban areas across India.

TIO reports jump in 3Q transaction revenue

TIO Networks Corp., an expedited bill payment network, yesterday reported an 18.5 percent increase in third-quarter transaction revenue.The Vancouver, British Columbia-based company recorded $9.5 million in transaction revenues for the three-month period ended April 30 compared with $8.0 million in...

ATM ad software company signs contract with a large U.K. bank

I-design Group Plc, a leading designer of ATM advertising software, announced Wednesday that it has won a major contract to deploy their marketing software solution on Barclay Bank's entire ATM and kiosk network.The contract involves supplying atmAd covers to London-based...

TIO reports higher first-quarter revenue and a smaller net loss

TIO Networks Corp., the expedited bill-payment processor, today reported higher transactional revenue and a smaller net loss for the first fiscal quarter ended Oct. 31, 2010.TIO recorded revenues of $8.5 million, up 67 percent compared with $5.1 million for the same three-month period last year.

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