Lebanon ATMs running dry as country faces liquidity crisis

by Amy Castor — Editor, Networld Media Group

November 27, 2019

Despite a recent promise by the head of Lebanon's banker's syndicate that ATMs would be stocked with cash, citizens are complaining that cash machines are…

Bitcoin ATM operator Bitstop partners with largest shopping mall operator in America

November 27, 2019

Miami-based bitcoin ATM operator Bitstop announced Tuesday that it has partnered with Simon Property Group Inc., an American commercial real estate company and…

Rural areas hardest hit by branch closings, the Fed says

November 27, 2019

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural consumers hardest hit by the decline, the Federal Reserve said…

Britain's TSB Bank to shutter 82 branches

November 27, 2019

Britain's TSB Bank announced Monday that it will close 82 branches next year in an effort to reduce costs by 100 million pounds ($128 million).  

The ABCs of bitcoin ATM regulation and compliance in the US

by Amy Castor — Editor, Networld Media Group

If you are planning to operate a bitcoin ATM business in the U.S., there's a lot more to consider than simply buying a kiosk and setting up shop. You need to…

Travelex expands ATM access to JCB, Discover, DCC, UnionPay cardholders

November 26, 2019

Travelex, a London-based foreign exchange specialist, has penned an agreement with Transaction Network Services, a global provider of data communications and…

Australia's Heritage Bank inks 5-year services agreement with Diebold Nixdorf

November 25, 2019

North Canton, Ohio-based Diebold Nixdorf has penned a deal with Heritage Bank, Australia's largest customer-owned bank, to manage its entire fleet of Diebold…

North Holland, Netherlands, sees 5th ATM explosion in a week

by Amy Castor — Editor, Networld Media Group

November 25, 2019

In the wee hours of Monday morning, criminals blew up an ATM at the Dutch village of Dorpsstraat in Noord-Scharwoude in the Netherlands. 

How open banking enables the digital economy

Open banking represents a huge opportunity for financial institutions. By creating ecosystems to develop new customer propositions and generate new revenue…

Presented by ATMmarketplace.com

Banks in Philippines blame cap on fees for dwindling number of ATMs in country

by Amy Castor — Editor, Networld Media Group

November 25, 2019

Last week, the central bank of the Philippines threw out a proposal to cap ATM fees, saying that the cap could lead to a further reduction in the number of…

IADs see significant opportunity despite falls in some large markets

by Dominic Hirsc, Dominic Hirsch — manager, Retail Banking Research

The number of independently operated ATMs is predicted to grow worldwide, but complicated forces are at work. Dominic Hirsch, who works at London-based…

Alphavend installs 2 bitcoin ATMs in Scotland

by Amy Castor — Editor, Networld Media Group

November 22, 2019

Bitcoin ATM operator Alphavend U.K. has installed two bitcoin kiosks in Scotland — one in Dundee and another in Aberdeen — both in areas of heavy foot traffic. 

People's United Bank to close 18 branches in Connecticut

November 22, 2019

People's United Bank will close 18 branches across Connecticut between now and April. Most of the closings will be in the Hartford area. 

Cardtronics board authorizes repurchase of additional $50M shares

November 22, 2019

The board of directors for Cardtronics PLC has authorized the company to repurchase up to $50 million of its Class A ordinary shares outstanding through Dec.

Leland Englebardt on what's driving next-generation ATM deployment

by Amy Castor — Editor, Networld Media Group

Englebardt has been involved in the next-gen project since the early days. The race car driver/ATM aficionado spoke to us about a next-gen ATM deployer…

Coinme expands into Denver with 100 Coinstar bitcoin kiosk locations

November 21, 2019

Seattle startup Coinme, a provider of bitcoin kiosks and ATMs, announced Monday that it's adding more than 100 bitcoin purchase points at Coinstar kiosks in…

Thieves rob Canadian bitcoin ATM. Forget to take most of the money

by amyc@networldmediagroup.com, Amy Castor — Editor, Networld Media Group

November 21, 2019

Bitcoin kiosks can carry a lot of cash, which makes them as susceptible to robbery as any traditional ATM or bank vault. Clearly, that was what motivated two…

Couche-Tard extends ATM partnership with Cardtronics

November 20, 2019

Haval, Canada-based convenience store operator Couche-Tard has selected Cardtronics Inc. to own and operate ATMs in the company's stores throughout the…

Taiwan's financial regulator: ATMs won't disappear, they'll just become smarter

by Amy Castor — Editor, Networld Media Group

November 20, 2019

Taiwan has been pushing toward cashless payments. However, its financial regulator reassured citizens on Tuesday, that despite those efforts, ATMs will not…

Citi launches high-yield digital checking account with no ATM fees

November 20, 2019

Citibank announced the launch of Citi Elevate Checking, a digital high-yield checking account that pays up to 1% for high balance accounts and offers unlimited…