Skim-readings: ATM industry news and notes for August

September 1, 2015

In this roundup: Polls, applause, and a painful lesson in payback.

The chicken, the egg and the chip card

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Card issuers and merchants have engaged in a two-year standoff over who should be first with EMV. But a month from now, it'll be a moot point.

US Treasury turns out 566.6M banknotes in July

August 31, 2015

Though 90 percent of new bills replaced unfit notes, the remainder represent the continuing upward trend in terms of total cash in circulation.

JV aims to address China's 'conspicuous gap' in ATM service

August 31, 2015

In China, something as simple as a stuck card can take an ATM down for a week, an issue that Minsheng Bank and ATM Japan aim to address.

Report offers practical guide to EMV debit transaction process

August 31, 2015

A report by Mercator follows the post-EMV routing of nine debit types from payment selection through authorization response.

Qatari CIT firm goes 'end-to-end' with cash management software

August 31, 2015

Hemaya Security Services says its newly implemented CashWebCommunity software allows real-time collaboration with customers for greater supply chain…

Study: Nontraditional providers will drive financial industry innovation

August 28, 2015

Not surprisingly, the younger the consumer, the more more likely that a nontraditional provider would be considered a reasonable choice.

Facilitated Rural Branches: An ATM-centric idea rural India can bank on

In rural villages where the nearest ATM might be a 15-minute bus ride away and branch setup is not viable, FRBs can be a cost-effective alternative.

Wincor, Nokas partner to offer cash optimization for Benelux retailers

August 28, 2015

The companies have launched a joint venture to provide cash management services, deposit solutions and cash-handling optimization for retail operations and…

Muthoot proposes alternative to India's ATM security guards

August 28, 2015

Muthoot Pappachan Group has launched MPG Security Group to deliver 'technologically advanced' security services.

India's central bank extends deadline for EMV card migration

August 27, 2015

The Reserve Bank of India has responded to concerns voiced by the nation's FIs that a September 2015 deadline is impossible to meet.

TMG completes in-market testing of EMV debit

August 27, 2015

The company has partnered with pilot clients across the US to issue and successfully test EMV debit cards in real-world merchant environments.

Befuddled and confused about EMV

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

Those needing to update their infrastructure to support EMV might be befuddled and confused by chip and signature, but wrongdoers have it all figured out.

Australian IADs seek to lift lid on ATM withdrawals at gaming clubs

August 26, 2015

A group representing the ATM industry says that 65 percent of the money withdrawn from club ATMs isn't even used for gambling.

Report: Biometric device shipments for financial industry to total 212M units by 2024

August 26, 2015

Tractica anticipates that finance biometrics hardware and software revenue will increase from $126 million in 2015 to $2.2 billion in 2024.

Tech 2 Success Partners with OptConnect to Offer Managed Wireless Service to Micro Market Operator

Tech 2 Success is pleased to announce a new partnership with OptConnect Managed Wireless Service. This new partnership allows Tech 2 Success to offer…

Eval 4dev sends EMV Level 2 kernel testing to the cloud

August 25, 2015

Fime says its new solution allows development teams to check their work step by step, reducing the risk of failure in certification testing.

Brunei bank taps Euronet for ATM-switch changeover

August 25, 2015

The ITM Payment Hub solution allows Brunei-based Perbadanan TAIB to manage a host of transaction functions from a single platform.

Study: Mobile RDC continues to gain ground with US consumers

August 25, 2015

More than half of all American adults used mobile deposit at least once last year, according to an American Bankers Association survey.

UK business rates: An unfair tax on ATMs and cash

by Ron Delnevo — Chairman, Cash and Card World

ATMs are the latest victim in the rush to levy more taxes in the UK; the result could be machines removed and communities deprived of convenient access to cash.