Cardtronics settles NFB litigation over ATM accessibility

The company has agreed to establish an 'accessibility center of excellence,' which will develop enhanced voice guidance software for blind customers.

FEATURES


Fed's controversial 'Choke Point' collars ATM processors

The government's Operation Choke Point initiative has put a stranglehold on many law-abiding businesses — including payment processors and pornographers.

Virtual currency dominates day one of Money 20/20 conference

Ben Lawsky, New York's superintendent of financial services, addressed the status of the state's controversial BitLicense regulatory framework.

AMIS highlights: 'This year's conference was also terrific'

A video journal of highlights and attendee comments from the second annual ATM & Mobile Innovation Summit in Washington, D.C.

The ATM industry: Bound for ... where?

Industry experts fielded questions at PayThink 2014 in a session dedicated to sussing out the future of the ATM.

Obama executive order calls for 'BuySecure' initiative

An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward nationwide adoption of EMV.

In the US, it's a slow road to faster payments

Based on its Faster Payments study, the Fed seems to be driving toward an overhaul of the US payments system, but stakeholders prefer a more incremental approach.

Why is ATM patent troll ATL selling its stock-in-trade?

Patent troll ATL is offloading 28 of its ATM patents, as well as a couple more that it has pending. Here's the backstory that might explain why.

Low-income households pump money into retailer wallets

A new research paper by three economists predicts that the little guy will shell out more money as FIs seek relief from the revenue-slashing effects of the interchange cap.

Out in the cold: The ATM industry wants routing choice, too

ATM industry representatives recently made their case to the Fed for inclusion in Reg II, the Durbin Amendment rule that gives merchants a choice of competing payment networks.

ATMIA email alerts keep recipients current on legislation, regulations

If "ignorance of the law is no excuse," then using a service that keeps you current on the law is a no-brainer.

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NEWS


5th annual survey asks US IADs to air their concerns

The 5th annual study seeks to identify and address US IADs' most pressing concerns in the areas of government legislation, regulatory compliance and competitive challenges.

Elan licenses MasterCard common AID

Licensing the MasterCard common application identifier allows Elan to facilitate US domestic debit transactions on the network in accordance with Durbin routing requirements.

Vantiv prepped to roll out Durbin-compliant EMV card solutions

Having completed the first US Common AID-enabled EMV debit transaction with US merchants, Vantiv will begin production of Visa- and MasterCard-certified cards in January.

Bitcoin ATM maker partners with AML solutions provider to ensure compliance

The companies will integrate the IdentityMind international compliance platform for virtual currencies into Lamassu bitcoin ATMs.

FFIEC report poses key questions about cybersecurity

Testing plans across business functions and with third parties will help FIs identify and manage gaps before cyber attacks occur, the council says.

Study: The divergent paths of digital currency regulation

Authorities globally have taken a wide variety of positions on the regulation of digital currency, making it hard for payment industry players to provide technology that will support digital currency transactions.

US gov't to introduce EMV for EBT cards

Following on high-profile data breaches originating at POS terminals, the Obama Administration is reportedly taking measures to ensure the security of electronic benefits payments data.

ATM fee foe sues central bank

A rights activist is petitioning Nigeria's federal court to rescind an order that reversed a 2012 ban on foreign fees.

New York issues emergency rule on ATM safety compliance reporting

The emergency rule precedes planned amendments that will require semiannual reporting of security compliance at institutions' ATM facilities.

New best practices guide tackles ATM software security threats

The new ATMIA manual advises deployers on security governance; software operational policies; threats to ATM networks; payments security and more.

CU24, MasterCard ink EMV licensing deal

The agreement allows CU24 to route EMV card transactions bearing the MasterCard U.S. common application identifier over its payments network.

New Jersey bill seeks restrictions for ATM balance inquiry fees

The bill would impose a penalty of $1K per day for failing to disclose the fee in a prominent on-screen notice and allow the consumer to opt out of the transaction.

Russia's Ministry of Finance establishes penalties for virtual currency

Russia develops a bill establishing penalties for use and generation of virtual currency such as Bitcoin.

NCR to receive $93M following appeals court win in Fox River cleanup case

The court overturned rulings that had held NCR 100 percent liable for cleanup costs related to the production of carbonless copy paper from 1954 to 1972.

ATMIA makes a case for changing Reg II routing rules

The association contends that competition between payment networks is eroding due to the unintended consequences of the Durbin Amendment.

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Keep abreast of the laws and regulations governing the ATM industry.