In a workshop at last week's ATMIA conference, attendees learned how Cash Connect and 3Si were able to stop chasing the same ring of thieves out of one major city after another, and made sure their next destination would be the city jail.
The U.K. banking industry is being challenged to allay consumers' fears over the loss of thousands of branches, while keeping free ATMs profitable enough to remain open. It's a balancing act that requires a new way of thinking about ATMs and the services they offer.
The "town hall" meeting has become a highlight of the annual ATMIA US Conference, encapsulating industry-wide happenings in a tidy 60-minute package. As usual, this year's session covered a lot of ground. Here's the recap.
Stormy Mauri, vice president and product manager at Washington Trust Bank, talks about the challenges banks face in providing a tailored, meaningful customer experience to customers of all kinds.
At a morning workshop during the ATMIA conference, the audience heard unsettling statistics and anecdotes about the rising number of ATM physical attacks in the U.S. They also heard about new and existing solutions that can help them avoid becoming another statistic or anecdote.
Penalizing independent ATM deployers in the U.K. for having "too many" ATMs in urban areas is possibly the least compelling way imaginable to persuade them to move their machines to underserved parts of the country that banks have already labeled unprofitable.
Some U.K. banks threaten to leave the Link UK Network without drastic cuts to interchange fees that enable customers to get cash from conveniently located, independently operated, free-to-use ATMs. Whether they leave or get what they want, it's the public who will pay.
What would it mean to ATM deployers in the United States if the Trump administration's "America First" policy were to extend beyond new tariffs on Korean-made washing machines to include tariffs on Korean-made ATMs and parts?
For ATM operators, two subjects were top of mind last month: The future — it being the start of the new year; and security — malware being a fast-growing ATM crime trend. In fact, it took less than 24 hours for a Jan. 30 feature about jackpotting in the U.S. to become one of the top 5 stories for the entire month.
Now that EMV has taken much of the profit out of ATM skimming, criminals are taking up more sophisticated methods of thievery. So it was that the Secret Service confirmed last week that ATM jackpotting crime has, at long last, arrived in the U.S.
By using India's biometric identity system, Aadhaar, as a proxy for a customer's bank account, Aadhaar Pay disintermediates traditional interchanges and rides on less expensive bank rails, lowering processing fees and promoting merchant uptake.
After a year spent celebrating the 50th anniversary of the ATM, this year's ATMIA US conference theme, "Innovate and Succeed: The Next Decade for ATMs," serves as a reminder that it's time to put away the party hats and turn our full attention to the future.
See More »
Some fintech pundits believe that mobile payments players must adopt a single, universal platform as a solid push-start toward global ubiquity. On the other side are industry-watchers who believe that uniformity is the hobgoblin of stunted innovation.
Online Commerce in India is poised to reach $79.4 billion by 2020; accounting for 50% of organized retail sales. FSS, India’s largest payment processor, with 40% share of the market, is helping acquirers ride the growth wave. Click to view our latest infographic on trends shaping the India commerce market.
This KAL white paper looks at why the traditional methods of depositing cash fall short in the 21st century, and how KAL ATM Software gives banks access to the most advanced self-service technology available.
Type: White Paper
Sponsor: KAL ATM Software
Erste Bank reduced the amount of cash in the network while simultaneously reducing the number of emergency cash runs and out of cash incidents.
Type: Case Study
Sponsor: NCR Financial Solutions
Adista wanted to provide an MPLS service to serve all retailer communications needs within a single private network, including payments transactions and VoIP data. Download this case study to learn about the high speed transport solution they are using which offers real-time monitoring of high volume transactions.
Type: Case Study
Sponsor: Transaction Network Services
Date: March 08, 2018 | Time: 2:00 PM EST | Duration: 1 Hour | In this webinar, participants will learn about a business model that allows participating ISOs to reap more profit per card transaction, and more. Register now!
Sponsor: Elan Financial Services
See More »
Financial Software and Systems (FSS), a leader in payments technology and transaction processing, is betting big on its recently launched FSSPay, an omni channel agnostic plug-in, which supports multiple international and local payment methods.
Type: White Paper