ATMs and prepaids: plugging the unbanked into traditional financial services

For those outside the banking system, the ATM can be the payments hub for "plugging in" to a modern economy.

Chinese cyber theft: What's the solution?

July 10, 2013

Verizon provides the information highway for more than 60 percent of the world's Internet traffic. And according to the company's annual report on cyber crime…

More regulation isn't the answer to breach losses

by Kevin Christensen — Vice President, Audit, SHAZAM

Data breaches have become somewhat of a fact of life for those of us in the payments field. For financial institutions, unfortunately, these breaches have also…

Community Bank goes with DNA account processing

July 9, 2013

Glen Ellyn, Ill.-based Community Bank - Wheaton/Glen Ellyn has selected the DNA account processing platform from Open Solutions, now part of Fiserv.

UK bookies, betting shops at odds over ATMs

July 9, 2013

The Association of British Bookmakers says it's irresponsible. But the large U.K. betting shop chain Betfred — not an ABB member — says it has every intention…

Study: 2013 brings big changes for prepaid card market

July 9, 2013

CardHub.com has released its 2013 Prepaid Card Report, which evaluates the alternative banking market and identifies the pepaid cards that best — and most…

GRG ATMS achieve CEN 4 certification

July 9, 2013

ATM manufacturer GRG recently announced that the company had been awarded CEN IV certification for a number of its ATM models. 

Move over, 4-digit PIN

July 9, 2013

A graphic designer from Nottingham, England, believes he's invented an identifier that's simpler and more secure than the four-digit PIN that ATM users the…

The daunting logistics of US EMV

A look at the numbers says that operators should make plans for EMV migration sooner rather than later.

'Er, what's an ATM?'

July 8, 2013

As incredible as it seems, 11 percent of Brits do not know what an ATM or cash point is. Can they all be football hooligans who've been knocked on the head…

Ethiopia's United Bank to triple ATM count

July 8, 2013

United Bank, an Addis Ababa-based commercial bank with 72 branches across Ethiopia, has awarded a contract to Lebanese IAD Computer Business Machines for 5…

Ghana ATMs to get eye ID

July 8, 2013

International Computer Systems and IBM have reportedly teamed with Sunnet Systems to develop iris recognition technology that might soon be introduced in the…

Mass. division of banks issues letter on interactive teller machines

July 8, 2013

The division of banks in the Commonwealth of Massachusetts recently issued a legal opinion on the regulatory approval process for the installation of an…

Diebold primed for turnaround

July 8, 2013

Diebold Inc. recently got some "big ups" on the investment research site Seeking Alpha — a positive turn for a company that's been punished by investors…

Polish banks partner on new mobile payment standard

July 8, 2013

Poland's largest banks are teaming on a new mobile payment and mobile banking standard scheduled for launch later this year.

Online fraud losses rise in 2012

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

A new report from the Internet Crime Complaint Center shows an 8.3 percent increase in unverified losses from fraudulent online activity since 2011.

There's a tremor in the force and it's emanating from Connecticut

by Todd Nuttall — CEO of Better ATM Services, Better ATM Services

Market forces often collide, some resulting in tremors that portend things to come. The recent passage by the Connecticut General Assembly of legislation in…

The future of ATMs, mobile, the branch and cash

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Mike Lee, CEO of the ATM Industry Association, recently shared his insights into the future of accessing funds. Lee addressed a number of questions regarding…

Security defective on SA's Mandela banknotes

July 7, 2013

One of the security features on South Africa's new Mandela banknotes has been discovered to easily lift off the notes. Ironically, this feature — an embedded…

Myanmar's ATM cardholder numbers remain low

July 3, 2013

ATMs are back on line in Myanmar after a hiatus of several years, but the number of users remains low, according to the Central Bank of Myanmar.