The group encouraged Congress to craft legislation that protects merchants against frivolous lawsuits when voluntarily sharing information. .
A roundup of legislative measures under consideration across the United States with potential implications for ATM deployment and operation.
Bankers opposed a 2011 proposal by NACHA; the payments association has amended its new proposal to address their concerns.
'Strategies for Improving the US Payment System,' lays out the Fed's plan for engaging with industry stakeholders to improve the speed, safety and efficiency of payments.
An appeals court previously rejected retailers' efforts to reduce the interchange cap set by the Fed pursuant to the Durbin Amendment.
Among other things, the bill provides that consumers will not be held liable for financial losses arising from ATM tampering or manipulation.
The National Retail Federation and Oracle have organized United for Patent Reform to pursue legislative reform targeting seven aspects of patent litigation.
The proposed law would require all ATM sites to have a dedicated phone line that establishes an immediate voice connection to emergency services.
The text of the proposed bill has yet to be drafted and formally submitted to the legislature for consideration.
The legislation appears to run counter to a decision by the NCUA that a video teller device may serve as a service facility under certain circumstances.
With today's introduction of proposed legislation, President Obama will expand on the BuySecure initiative he announced last October.
A 2010 FTC report shot down emergency technology at ATMs as a 'non-trivial expense' of dubious worth, but the concept isn't dying easily.
The UK government is urging local councils across the country to award tax breaks to shopkeepers who offer "free-to-use" ATMs.
A proposed rule would have let state-chartered banks operate ATMs in casinos — something federally chartered FIs are already allowed to do.
Green, Holcomb & Fisher said it was defrauded of payment for a year's worth of work in arranging a sale of ATM Network to Seven Bank.