Apple Pay: A short-term plan for 500 banks?

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Costs associated with the Apple partnership might accelerate financial institutions' plans to release their own mobile wallets — perhaps even with some help from merchants.

FEATURES


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.

Will EMV lead to more contactless ATMs?

Some forward-looking independent ATM deployers have begun to develop strategies for implementing contactless ATM transactions.

The ATM industry's foreign fee fiasco

Are financial institutions shooting themselves in the foot by charging their customers to use other providers' ATMs?

Considerations for EMV migration at the ATM

The process of moving to EMV technology can seem overwhelming, but thorough planning, communication and coordination can help make the transition a success.

The long and 'cash-is-required' road …

The question remains, with Apple Pay fully implemented and consumers and merchants all engaged, will our need for cash be affected?

Why the ATM Industry should embrace Apple Pay

The potential for interaction between the ATM and the device consumers see as key to their lifestyle — the smartphone — could increase the perceived value of the ATM in their banking routine.

New guide caters to restaurateurs, retailers looking to boost income with ATMs

'How to Profit from ATMs: A Guide for Retailers and Restaurateurs' delivers 40 pages packed with essential information about the business of owning, operating and earning revenue from ATMs.

The ATM business isn’t an ATM

The notion among certain groups that ATMs are obsolete has been pervasive for many years. However, data suggests that the ATM and its industry are far from their demise.

ATM & Mobile Innovation Summit addresses mobile wallet dilemma

With literally hundreds of mobile wallets in the marketplace, how are FIs - not to mention consumers - supposed to settle on just one?

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.

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NEWS


Study: In Europe, low-value cash payments migrating to cards

From 2010 to 2012, the number of card payments in western Europe grew by 15 percent, while in central and eastern Europe, they increased by 82 percent.

Rototype cashless ATM a boon to Nigerian banks, merchants

Shoppers pay for purchases using their ATM card in the machine, which instantaneously debits a payment to the merchant's account.

Half of US POS terminals will be chip-enabled by end of 2015

Massive data breaches in the past year seem to have prodded retailers to take action to curb their potential exposure to losses from fraud.

SBI rolls out tortuous ATM fee schedule following RBI rule changes

For customers with a low average monthly account balance, keeping the rules straight could be frustrating; for those with a heftier balance, they're as simple as f-r-e-e.

FIME partners with Russian card software provider

The relationship will extend FIME EMV migration and certification services to issuing and acquiring banks in the region.

Denali Alaskan FCU partners with Co-op for ATM access

The Co-op ATM program allows the FCU's members to use 30,000 Co-op networked ATMs across Alaska and the lower 48 states.

Prepaid cards rule in September spending; checks see rare increase

Total dollar volume was up year-over-year, but month-to-month growth slowed slightly as consumers took a breather between back-to-school and Halloween spending.

Global card payment volume tops 200B in 2013

A new study by RBR has found that the number of payments made by card worldwide grew 13 percent between 2012 and 2013.

Fiserv Portico collects 11 new CUs

The zero-footprint solution has attracted a variety of new users over the past 13 months.

New card from Oberthur changes up CVC... literally

Oberthur Technologies says that it has developed a solution to card-not-present fraud — a payment card that generates a dynamic card verification code.

Study: Prepaid travel card outlook and opportunities

A new report examines the methods and distribution channels used by issuers to get their products into the hands of consumers in this growing market.

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.

Dynamic currency conversion goes live on 5,000 PAI ATMs

ATM Currency Exchange lets international travelers withdraw US dollars from an ATM and see the amount debited to their account in their home currency.

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.

Payments report predicts continued rise of noncash transactions

The rapid pace of growth and increasing regulatory pressure are key drivers in the transformation of payments processing, an RBS-Capgemini study concludes.

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ATM transaction processing is a core function of the ATM business equation. This Topic Center focuses on ATM transaction processing and the companies who provide processing services.