Monex, Switch Commerce partner on DCC software offering for 45,000 US ATMs

March 25, 2013

Monex Financial Services and Switch Commerce have partnered to deliver dynamic currency conversion service to an extensive network of Switch Commerce-supported…

Welch ATM buys marketing/tech concern Code Green

March 25, 2013

IAD Welch ATM has announced its acquisition of Code Green, a marketing strategy and technology services firm specializing in the development, creation and sale…

India's private banks neck-and-neck in 'most ATMs' race

March 25, 2013

From last January 31 to this, the three largest private banks in India increased the size of their collective ATM networks by 31 percent. Leading the pack is…

In Cyprus, ATM withdrawals limited, 'bitcoin ATM' plan in the works

March 25, 2013

Two of the largest banks in Cyprus have cut their ATM withdrawal limits from €260 ($336) to €100 ($129). The step was taken in order to prevent a run on…

ATMs a lifeline as Cyprus bailout woes continue

March 22, 2013

The European Central Bank has given Cyprus until Monday, March 25, to pull together $6 billion in earnest money needed to secure emergency liquidity aid from…

DDOS attack takes down online, mobile channels at TD Canada

March 22, 2013

Toronto-based TD Canada Trust was the target of a distributed denial of service attack yesterday. The cyber attack shut down the bank's online and mobile…

GRG dominates Chinese ATM market for 5th straight year

March 22, 2013

Financial News, a Chinese financial industry publication, has released its Chinese ATM Market Overview 2012. The report credits GRGBanking with slightly more…

Brand expansion through branchless banking

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

While transactions at financial institution branches across the U.S. are dropping by approximately 5 percent per year, PC and Internet use are on the rise. The…

FIS to provide full IT outsourcing for FirstBank Puerto Rico

March 21, 2013

Banking and payments technology firm FIS has signed a 7-year agreement with FirstBank Puerto Rico to assume full on-site responsibility for IT operations and…

Crikey, that's a lot of foreign ATM fees!

March 21, 2013

Australians pay out-of-network fees on 40 percent of their ATM transactions, research has revealed. The total for all this "off us" action: $670 million…

NY considers abandoning ATM fee sticker law

March 21, 2013

Now that Congress has passed EFTA Reg E reform, New York is deciding whether to "be a part of it," you might say. State Assemblywoman Annette Robinson…

Is the ATM industry finally getting traction on an EMV spec?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As 10 networks agree to adopt a common AID, ATM implementation suddenly looks more doable.

Disappearing ink dooms polymer naira

March 21, 2013

It's like a kiddie magic trick gone desperately wrong: Five years after the Central Bank of Nigeria introduced the country's first polymer notes, citizens are…

Study: access to ATMs not so easy for some Brits

March 21, 2013

A report by the U.K. Payments Council has found that some Britons in low income and rural areas do not have adequate access to ATMs. The council has vowed to…

Ukraine bank launches payWave using SmartVista platform

March 21, 2013

BPC Banking Technologies, a provider of open system e-payment solutions, has announced the launch of Visa payWave products at Credit Dnepr Bank in Ukraine. The…

ATMIA publishes mobile banking best practices

March 21, 2013

The ATM Industry Association has released a new best practice manual for preventing mobile banking fraud. The manual places particular focus on applications…

Are you getting what you are paying for?

It can be well worth the effort to step outside the black-and-white boundaries of a contract when you assess performance.

To EMV, or not to EMV ...

by Mark Smith — VP of Financial Solutions, Kahuna ATM Solutions

I've had the pleasure of attending several conferences recently and have listened to many points of view about EMV and the VISA/MasterCard timelines for the…

Visa may have to pay billions for European network

March 20, 2013

The European banks that currently own Visa Europe are thinking of setting up their own competing payments network in Europe. Not only would this mean new…

Virtual currency exchanges get real rules

March 20, 2013

The playing field for U.S. legal tender and virtual currencies has just been levelled a bit.