ATMs lose their charm in Chile

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The current ATM availability crisis and exchange of public blows highlight the essential nature of ATMs in today's payment ecosystem.

FEATURES


How does Brazil score in financial services?

With more ATMs (118:100K) and plastic than anyone else on the continent, Brazil is a clear winner. But how does it rate internationally?

To a needy mother, a fingerprint’s as good as a PIN

I have just attended the latest user event put on jointly by the NonStop user community and HP. Among the participants were many from the financial services marketplace, as NonStop continues to underpin many of the world's biggest ATM networks....

Itautec debuts touchless 3-D ATM, cash recycling model at CIAB Febraban

The company plans to bring several of its ATM models to the U.S. market later this year.

Installed ATM base is expected to reach 3.1 million units by 2015

As deployment of ATMs continues to grow, the machines are expected to do more than dispense cash.

Itautec seizes opportunity to serve U.S. credit unions, community banks

Itautec faces a difficult challenge breaking into the community bank and credit union markets, says an analyst.

Cardtronics reports strong fourth quarter and yearend results

Cardtronics' gross profit per machine was $425 in 2010's fourth quarter.

Another BRIC in the Wall of Cash

The combined economic output of Brazil, China, India and Russia could eclipse the total output of the current richest countries of the world.

MasterCard courts credit unions with surcharge-free ATM network

MasterCard's agreement with MoneyPass means that it is expanding into the credit union and community bank markets.

TIO offers cross-border bill payment

Kiosks allow U.S. residents to pay utility bills for relatives living in Latin America and the Caribbean.

NCR reports higher third-quarter net income and revenues

NCR Corp. Thursday reported a higher net income on improved revenues for the three-month period ended Sept. 30, 2010, due to strong sales in Europe, Middle East and Africa.

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NEWS


Scotiabank Mexico adds DCC to 1,500-ATM network

International MasterCard cardholders can now instantly view, select and manage the conversion to their home currency of Mexican peso amounts dispensed at Scotiabank Mexico ATMs.

Ecuadorian FI extends service to unbanked with cash-recycling ATMs

The technology will allow Banco del Pacifico to expand into underbanked regions by reducing the frequency and cost of cash replenishment visits.

Why isn't Argentina's ATM count growing faster?

A new report indicates that small-denomination banknotes might be making a big dent in the lifespan of the nation's ATMs.

Brazilian ATM network operator teams with Diebold to serve the underbanked

The extended uptime of cash recycling ATMs allows the Saque e Pague network to deploy terminals in remote areas that previously were uneconomical to service.

Colombia's largest ATM network switches to remote key loading

The solution eliminates the time and expense of manual key-loading at the ATM with a two-person team.

Brazilian banks to improve availability of off-us ATMs

The new agreement among Brazilian FIs will improve ATM access for travelers attending the 2016 Olympics in Rio de Janiero.

Brazil's Bradesco piloting technology give customers immediate access to deposited cash

Bradesco, one of the largest financial institutions in Brazil, will begin piloting new technology from NCR Corp. that allows immediate accountholder credit for cash deposits made at the ATM. The new technology will eliminate the use of envelopes for cash...

Ecuador's largest bank gives cash recycling a try

Banco Pichincha, Ecuador's largest financial institution, is testing cash-recycling technology in a pilot effort with GRGBanking. The project represents GRG's first foray into the Ecuadoran market. A news release from GRG said that the manufacturer's H68N cash recycler series has...

Banco de Credito del Peru, Diebold will install 1,000 ATMs to better serve Peru's unbanked

In an effort to reach the three-quarters of Peruvian adults who are currently unbanked, the country's principal FI is embarking on an ambitious plan to install more than 1,000 new ATMs.

Banco do Brasil intros an ATM access solution for international travelers

Barely more than a week away from the start of 2014 FIFA World Cup Brazil, Banco do Brasil Americas and payment processor i2c Inc. have launched a multi-currency prepaid MasterCard. According to a news release from Silicon Valley-based i2c press...

Study examines e-payments outlook in South America

In 2013, approximately 170 million un- or underbanked adults lived in South America, providing ample incentive for banks there to support financial inclusion and the growth of electronic payments, according to Mercator Advisory Group. But increasing the number of consumer...

US State Department issues ATM warning for World Cup tourists

Finding a machine that will accept their card might not be the worst part of the ATM adventure for World Cup fans visiting Brazil next month. They could also be subject to a holdup or “quicknapping” by criminal gangs targeting...

Scoring cash at an ATM could be tricky for World Cup tourists

Going to the World Cup soccer tournament next month in Brazil? If so, do some advance ATM reconn online, because once in-country, you could have a hard time finding a machine that will accept your card. A Bloomberg report said...

Study: Profiling the South American ATM landscape

In developed markets, bank customers are turning to alternative channels to complete transactions they used to conduct at a branch. But in South America, the branch and ATM are still the chief banking channels. In remote locations, particularly, the ATM channel remains the most effective means of providing financial services to consumers.

Ecuadoran bank expands services to banked, underbanked

As part of its “transaction migration project,” Ecuador’s Banco de Guayaquil is implementing 72 Opteva ATMs from Diebold Inc. with enhanced note acceptance and bulk document intelligent depository modules.

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