ATM industry insights from the Fed's payment study

by atm Atom — blogger, atmatom

The Federal Reserve has released the sixth study in its series of triennial reports on payment trends in the United States. Though its focus is on noncash…

Cardtronics completes purchase of DC Payments

January 9, 2017

Cardtronics PLC has completed its previously announced acquisition of DirectCash Payments Inc., a global ATM services provider with primary operations in…

Aussie ATM independent logs 12th straight quarter of growth

January 9, 2017

Australian ATM independent Stargroup Ltd. has announced its 12th consecutive quarter of revenue.

Bank note printing industry expected to add nearly $2B in value by 2021, but …

January 9, 2017

Smithers Pira, an authority on print industry supply chains, is forecasting the global market value for bank note printing will rise from $9.5 billion in 201…

The mobile banking dilemma: Android platform leads Apple iOS for better — and worse

January 9, 2017

Statista, a provider of quantitative research tools and statistics, has published its rankings of computer operating system vulnerabilities.

Saudi ATMs reject new bank notes

January 9, 2017

Two weeks after Saudi Arabia introduced new bank notes, many of the nation's ATMs still won't accept them.

It's a small world: How the ATM industry brought 3 friends together

Connections to the ATM industry — and a bit of serendipity — brought three women full circle from a tiny Catholic high school in New Orleans.

ATM fraud in the age of EMV

While credit unions, banks and other ATM owners and operators continue to migrate their machines to EMV technology, the question remains: Will EMV ultimately…

Brits break all-time record for ATM cash withdrawals with pre-Christmas rush

January 6, 2017

Link, the U.K.'s ATM network today announced that Friday, Dec. 23 set an all-time record high for Link cash machine withdrawals, with a total of 730 million…

Indian ATM independents battered by losses following demonetization

January 6, 2017

Nonbank ATM operators in India are weighing the idea of asking the government for compensation of losses incurred by its surprise demonetization — two months…

Criminal masterminds, they're not

January 6, 2017

This week, the San Diego Tribune reported on the sentencing of Alvin Lee Neal, who will spend up to three years and 10 months in prison for robbing a downtown…

Shortage of ATMs hobbles Nigeria's cash-less initiative

January 6, 2017

Nigeria remains more than 40,000 short of the number of ATM installations needed to serve its 180 million citizens, but has "come a long way," according to a…

Security information, event management systems essential in thwarting ATM cyberattacks

January 6, 2017

Cybersecurity company Positive Technologies has received kudos from Intel Security for detecting a serious vulnerability (described in a Dec. 1 security…

Competitive concerns over Link ATM network cloud MasterCard-VocaLink deal

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In its assessment of a proposed MasterCard-VocaLink deal, the UK Competition and Markets Authority has zeroed in on competitive concerns related to one of its…

Elavon certifies Cayan Genius Platform for EMV processing

January 4, 2017

Payment technology provider Cayan has attained EMV certification with payments processor Elavon, a global payments company and subsidiary of U.S. Bancorp.

PAI expands ATM portfolio through acquisition of hometown IAD

January 4, 2017

Payment Alliance International, a provider of electronic payment processing solutions, has acquired independent ATM operator Avery Scott LLC. Both companies…

Europe embraces mobile payments, but isn't ready to oust cash

January 4, 2017

Across Europe, consumer adoption of mobile banking, shopping and payments is gaining momentum, according to a new study by the European financial institution…

Mitek, American Cancer Society make collecting check donations a snap

January 4, 2017

The American Cancer Society has integrated Mitek Mobile Deposit and MiSnap technology into its mobile fundraising app for iOS and Android platforms.

PSCU members report 20 percent drop in fraud post-EMV

January 4, 2017

PSCU, a Florida-based credit union service organization, is reporting a 20 percent reduction in payment card fraud among its member-owner organizations since…

Is it time to punt paper receipts?

Inspiring frustration isn't the analog receipt's worst crime. It also suffers from inertia — static and unable to influence or mobilize customers.