Cardtronics to purchase Welch ATM for $160M

The combined company will boast a global portfolio of 109,600 ATMs, including 92,500 retail ATMs in the United States.

FEATURES


How do Brits love their in-store ATMs? New study counts the ways

Merchants love them, too: A good deal of the cash from their in-store ATM comes right back to them.

Gone in 60 seconds: ATM 'crash and grab' crime on the rise

It's a highly destructive ATM attack with a low barrier to entry for criminals; all you need is 'hot' wheels and a hoodie.

Busting out of the ATM branding rut

The best way to get out of a rut is to change how you think about the problem, according to Josh Streufert, creative director for Weber Marketing Group. Streufert cited Akira Yoshizawa, grand origami master of Japan, as the perfect...

US IADs remain optimistic despite challenges

It always pleasantly surprises me how optimistic U.S.-based independent ATM deployers are and how committed they are to the industry. This positive attitude was again brought home to me during the ATMIA U.S.

To increase positive brand image, eliminate negative impressions at the ATM

In the Internet age, negative comments and reviews can go viral in the worst possible sense. Companies scramble to "clean up" customer service issues and draft plans to help their employees turn bad situations into, if not positive, at least...

The US IAD business gets a pulse check

Fourth annual report examines challenges, concerns, opportunities and outlook for US independents in the ATM business.

The appropriate use of customer payment data

Acquiring and sharing customer data has become "one of the most hotly negotiated" deal points in the mobile payments M&A; community. A payments attorney asks a panel of retail experts how they handle this sensitive issue. (From the ATM & Mobile Executive Summit.)

Will MCX eclipse branded payment networks?

A major issue clogging the road of payment evolution toward MCX is where account holders' value is stored. Another issue is the MasterCard/Visa duopoly that excludes competition. (From the ATM & Mobile Executive Summit.)

Will MCX benefit small merchants?

A question is asked about whether the closed nature of MCX runs contrary to the National Restaurant Association's open philosophy. "A lot of the principles we're looking for exist with MCX," says NRA's Liz Garner. A Walmart representative weighs in on the issue as well. (From the ATM & Mobile Executive Summit.)

The threats Walmart sees in MCX

Reed Luhtanen, director of payments policy for Walmart, describes the pitfalls facing adoption of the new MCX standards. (From a panel at the ATM & Mobile Executive Summit.)

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NEWS


Euro- and pound-dispensing ATMs installed across London Underground

Transport for London and Raphaels Bank have partnered to outfit 70 sites across the London Underground with ATMs that dispense both pounds and euros. The service has been designed to make it easier for busy London workers, commuters and residents...

NatWest, RBS allocate $1.7B to improve digital services, ATM access

Funds will be used to enhance mobile and online banking, upgrade branch technology, and improve access to cash, with the addition of nearly 100 new ATMs.

PAI, OnPoint Community CU strike branding deal covering Oregon ATMs

Payment Alliance International, a provider of retail ATM solutions, and OnPoint Community Credit Union, the largest CU in Oregon, have announced an agreement under which OnPoint will brand all Rite Aid pharmacy ATMs in Oregon — 72 machines in all....

Allpoint surcharge-free ATMs to accept deposits

Retail ATM operator Cardtronics Inc. has announced plans to add deposit-taking capability to 2,500 of its Allpoint surcharge-free ATMs in the U.S. by the end of the year.

FreeATM raises funding, refines business strategy for IAD market

FreeATM, an advertising-driven fee-free ATM network, has announced the first closing of $745,000 of Series A financing. The company hopes to raise an additional $255,000 with an equity crowdfunding campaign it has launched on SeedInvest.com. The Series A round was...

BSNB, Welch ATM enter branding agreement

Ballston Spa National Bank and Welch ATM announced today that BSNB will offer its customers surcharge-free access to ATMs at 44 Rite Aid Pharmacy locations in the New York State counties of Albany, Rensselaer, Saratoga, Schenectady and Warren. The machines...

India’s small FIs look to white label ATMs for affordable expansion

Small private banks in India are looking for ways to increase their footprint without adding to their overhead, and to do it, they’re eyeing a relaxed ATM policy that allows white label IADs to set up machines under the auspices...

Cardtronics rolls out new UK branding

ATM services provider Cardtronics is applying a new look and feel to the branding of its U.K. ATM estate, as the company rolls its Bank Machine, Cardpoint and CashZone holdings into a single identity — CashZone. During a transitional period,...

Zambian bank gradually grows its ATM fleet

Of 21 commercial banks in Zambia, only 16 have any ATM presence at all in the country. Cavmont Bank is one of these, and it has just installed its 20th ATM with assistance from the Zambia division of ATM Solutions,...

India's Muthoot Finance OK'd for ambitious ATM deployment plan

New Delhi-based Muthoot Finance Ltd, India’s largest gold financing company, has been given the green light by the Foreign Investment Promotion Board to establish white label ATMs in the country. Muthoot Finance received authorization from the Reserve Bank of India...

Deal grants T-Mobile customers fee-free access to Allpoint ATMs

Through an agreement with the Allpoint Network, T-Mobile customers who use their carrier's Mobile Money app and prepaid card will now have surcharge-free access to more than 43,000 Allpoint-branded ATMs across the United States. The Mobile Money program unites a...

Bad things can happen when you badmouth an ATM

Publicly berating an ATM for not giving you cash will not get you cash.

Canadian branding deal unites CIBC, Pioneer Energy, Cardtronics

Cardtronics Canada Ltd. and Canadian bank CIBC have entered an ATM branding agreement that will offer CIBC customers fee-free access to cash at more than 100 retail ATMs at Pioneer Energy fuel stations throughout Ontario. The deal marks a growing...

China's UnionPay joins up with Australia's Cuscal for rediATM access

End-to-end payments provider Cuscal has established an ATM access partnership with the Chinese card network UnionPay International. UnionPay cardholders who visit Australia will be able to draw cash from approximately 2,500 rediATM branded machines operated by Cuscal and the National...

PAI, Ventura County CU partner to brand ATMs in Rite Aid stores

Retail ATM provider Payment Alliance International and Ventura, Calif.-based Ventura County Credit Union have entered an agreement that will place VCCU's brand identity on 23 ATMs at Rite Aid stores in Ventura and Santa Barbara counties. PAI will own and...

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Deploying retail ATMs in off-premises locations allows banks and credit unions to meet customer demands for convenient access to cash. They can also be a boon to the retailer. Learn more about retail ATMs in this Research Center.