Diebold to help Russian FI integrate acquired ATMs

April 3, 2014

Recently, Moscow-based Alfa-Bank acquired assets of Master Bank, a mid-sized Moscow bank, including its ATMs. Now the FI is in the process of incorporating…

Texas bank to go 24/7 with video teller service

April 3, 2014

Two of the markets served by FirstCapital Bank of Texas are heavily vested in the energy and health care industries — both reliant on round-the-clock shift…

Jordanian FI updates payment processing, reaps benefits

April 3, 2014

In 2012, Jordan Kuwait Bank decided to replace its legacy payments solution to advance its ambitious growth plans — including the eventual expansion of its ATM…

Philippines central bank pushes for ATM network merger

April 3, 2014

The Bangko Sentral ng Pilipinas, the Philippines apex bank, is strongly encouraging the country's three major ATM networks to consider becoming one. Greater…

EMV Migration Forum expects major increase in US chip adoption within a year

April 3, 2014

U.S. EMV chip adoption is poised for exponential growth in the next year resulting from an estimated 17–20 million EMV chip cards and millions of EMV-capable…

ATM Networks at risk of cyber attack, FFIEC warns

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Council warns of malware that eliminates ATM withdrawal limits systemwide, enabling massive cash-out fraud.

PCI compliance for acquiring financial institutions

by Kevin Christensen — Vice President, Audit, SHAZAM

In my last post, I took a look at the question, "Does our financial institution need to be PCI compliant?" While the short answer is yes, the long answer is…

Hampton Roads Bankshares adds auto-deposit ATMs, outsources fleet services

April 2, 2014

Bank holding company Hampton Roads Bankshares Inc. has retained Diebold Inc. to provide a variety of outsourced ATM channel management services. The bank has…

Teller Service at FirstCapital Bank of Texas Soon to Never Close, Thanks to NCR Interactive Video Technology

NCR APTRA Interactive Teller helps FirstCapital work toward 24x7 service to local community

Cardtronics to support Walgreens prepaid card at ATMs

April 2, 2014

Cardtronics Inc. has extended its ATM services agreement with Walgreens. Under the new terms, Cardtronics will support the Walgreens Balance Financial prepaid…

Global Payments, Caesars expand relationship

April 2, 2014

Global Payments Inc., a provider of payment solutions, has announced the expansion of the company's agreement with Caesars Entertainment Corp. Global Payments…

FIS licenses Visa EMV debit solution

April 1, 2014

FIS and its wholly owned subsidiary, NYCE Payments Network LLC, have entered a licensing agreement that will make the Visa EMV debit solution available to all…

UK bank regulators to investigate IT outages

April 1, 2014

British financial regulators have announced their intention to investigate the IT systems of U.K. FIs. This follows a number of high profile outages that have…

US IADs remain optimistic despite challenges

by David Tente — Executive Director, USA, ATM Industry Association

It always pleasantly surprises me how optimistic U.S.-based independent ATM deployers are and how committed they are to the industry. This positive attitude…

Committee finalizes recommendations for ATM security in India

April 1, 2014

Following the brutal attack last November by a machete-wielding robber on a woman using an ATM, the Indian banking system continues to investigate ways to make…

Square adds bitcoin acceptance to online marketplace

April 1, 2014

Square recently announced that merchants selling goods and services on its online marketplace, Square Market, can now accept bitcoin for payment, the mobile…

Burroughs, Tidel tie up nationwide service agreement

April 1, 2014

Cash management systems provider Tidel has entered into a long term partnership with technology and services provider Burroughs to support the Tidel customer…

British consumers nearly double their mobile banking transactions

April 1, 2014

British consumers last year moved away from conducting bank transactions at branches and nearly doubled their use of mobile banking channels, according to a…

Does our FI need to be PCI compliant?

by Kevin Christensen — Vice President, Audit, SHAZAM

PCI compliance continues to be a confusing — and frustrating — topic. However the short answer to the question above is yes.

Cash for me -- and I won't be quiet about it!

by Ron Delnevo — Chairman, Cash and Card World

I have a confession to make: I love cash! Further confession: I don't really care how it is delivered, just that it is!