Zimbabwe's central bank imposes ATM fee reduction

December 12, 2016

Noting that "while cash withdrawal limits have [been] reduced significantly during the second half of 2016, there has not been a proportionate reduction in the…

Venezuela joins India in demonetizing currency

December 12, 2016

Taking a page out of India's book, the government of Venezuela announced Monday that the nation's largest denomination banknote — the 100 bolivar bill — will…

OCC seeks comment on plan to allow fintechs to seek bank charters

December 12, 2016

Comptroller of the Currency Thomas J. Curry has announced the Office of the Comptroller of the Currency will consider applications from financial technology…

Why we'll never stamp out spear phishing

When subjects in a spear phishing study received a link to New Year's party pictures — and instructions not to share them — nearly half clicked through even…

Study: Committing to digital dramatically boosts odds of gaining market share

December 12, 2016

Bain & Co. and Red Hat, a provider of open source solutions, have released the results of research aimed at gauging the correlation between an…

Never mind what you heard; millennials use cash

by atm Atom — blogger, atmatom

You can believe the Fed's latest report that says they do, or you can believe an endless parade of unscientific online polls that say otherwise.

NedBank rolls out NCR Interactive Teller in bid to enhance efficiency, service

December 9, 2016

NCR Corp. has teamed with Nedbank, one of South Africa's largest financial institutions, to introduce NCR Interactive Teller.

US-based ATM deployer says India's cash crisis will ding profits

December 9, 2016

Leawood, Kansas-based ATM deployer Euronet Worldwide Inc. has downgraded its fourth quarter earnings estimates in light of ongoing cash supply shortages…

Credit card use on the rise among young adults, study finds

December 9, 2016

Nearly two-thirds (63 percent) of U.S. consumers now own general purpose network-branded credit cards, up from 61 percent in 2015, according to "U.S. Consumers…

Casino stocks plunge, rebound following Chinese gov't limits on ATM withdrawals

December 9, 2016

Casino stocks around the world were rocked yesterday by news that mainland China had imposed ATM withdrawal limits on China Union Pay cardholders seeking cash…

First Data's Clover devices arrive in the UK

December 9, 2016

First Data has announced the expansion of its Clover platform with the official launch of Clover Mini and Clover Mobile in the U.K., according to a press…

ATM Marketplace: November's top 5 reads

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

November served up heaping helpings of innovation (branch transformation, cardless ATM access, brainstorming the self-service devices of the future) and…

PAI, Sionic Mobile partner on ATM-based iBeacon rewards program

December 8, 2016

Sionic Mobile, a cloud-based mobile commerce company, and Payment Alliance International, a provider of electronic payment processing solutions, have formed a…

Cash still king with mass transit riders

December 8, 2016

Cash is the prevalent method of payment for mass transit riders across the U.S. and is viewed as the most secure payment method, as well, according to new data…

Cleveland mulls measures to curb ATM ram raids

December 8, 2016

The Cleveland City Council is trying to figure out how to put an end to "a rash of ATM smash-and-grabs that have been taking place all over the city,…

Discover joins MasterCard, Visa in extending EMV deadline for fuel pumps

December 8, 2016

Discover Global Network, which includes Discover Network, Pulse and Diners Club International, has joined MasterCard and Visa in extending the U.S. EMV fraud…

Report benchmarks mobile banking trends

December 8, 2016

FI Navigator and Celent have released "Mobile Banking Quantified: Comprehensive Benchmarks for US Vendors & Institutions," an analysis of mobile banking…

Coinsource adds 11 bitcoin ATMs in Texas, operates 67 units in 8 states

December 8, 2016

Coinsource, a national bitcoin ATM network, has launched 11 new machines across Texas, making it the fastest growing market for Coinsource ATMs in Q4 and now…

Azerbaijani bank embraces advanced ATM technology

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The International Bank of Azerbaijan has introduced a digital, fully automated self-service branch banking concept that targets 'almost any customer interested…

Post-demonitization cash crunch drags on to dismay of average Indians

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

December 5, 2016

A CNBC commentator observed that 'rich businessmen whose dubious financial engineering skills partly prompted the government to take this step were conspicuous…