ATM Marketplace: February top 5
In the ATM world, crime seems as inevitable as death and taxes. As long as cash sits about in armored boxes, criminals will contrive to steal JCBs, surf the dark web for ready-made skimmers, expend energy and brainpower on malware programs, and attempt every explosive attack in the Wile E. Coyote safecracking playbook.
In our top-ranking story for February, Aite Senior Analyst Shirley Inscoe looks at findings from Aite's recent ATM crime report and suggests steps that deployers should take to prevent attacks of all types. Her commentary is excerpted from the slightly delayed, but soon-to-be-released 2017 ATM Future Trendsreport, which includes findings from our biannual survey of ATM deployers and commentary from more than a dozen industry experts.
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Every ATMIA conference has its trending topic du jour. This year, the buzz was about cardless ATM transactions, a subject addressed in a well-attended roundtable discussion among executives leading the charge to a card-free future.
After undertaking major business reorganizations and transactions, executives from both NCR Corp. and Diebold Nixdorf kicked off recent Q4 and full-year earnings calls expressing confidence in their respective enterprises and prospects.
Last week, Cardtronics released financials for the fourth quarter of 2016. The numbers were good — revenues beat analysts' expectations by $1 million, even. So, why did Cardtronics stock dump 10 percent of its value following the earnings call?
Let me begin by explaining what ATM 2.0 is: Simply, it is an internet terminal on top of a glorified photocopier that happens to process somewhat more valuable paper or, in some countries, polymer. The minute we mention "internet terminal," a world of potential functionality explodes — and this is exactly what the new ATM 2.0 is — a world of potential.
In an excerpted commentary from the upcoming 2017 ATM Future Trends report, Shirley Inscoe, senior analyst at Aite Group, shares results from Aite's ATM fraud study, which investigates trends in ATM crime and offers recommendations for remedies.
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Suzanne Cluckey / Suzanne’s editorial career has spanned three decades and encompassed all B2B and B2C communications formats. Her award-winning work has appeared in trade and consumer media in the United States and internationally. She is now the editor of ATMmarketplace.com and BlockChainTechNews.com