It's go time. Are your techs ready?

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

This year will be remembered for the number of ATM upgrades and replacements that occurred as a result of the migration from Windows XP to Windows 7. But this…

IRS rules virtual currencies are property

March 26, 2014

The Internal Revenue Service Tuesday issued a notice that virtual currency is treated as property for U.S. federal tax purposes.

EAST releases crime stats for European ATMs

March 25, 2014

The European ATM Security Team has published its first European Fraud Update for 2014. The update includes country crime data provided by representatives of 1…

Research: Strong growth continues in China's e-payments market

March 25, 2014

When the Chinese electronic payment market truly opens to international competition, international payment players are likely to find a relatively mature…

NY legislator intros bill to mandate chip cards - but not readers

March 25, 2014

New York State Senator Martin J. Golden held a press conference last Friday to announce legislation he is sponsoring that would require card issuers to provide…

ECB says virtual currencies can't be ignored

March 25, 2014

Virtual currency schemes should not be ignored or dismissed as they continue to become more popular worldwide, a member of the European Central Bank's…

I'm in the mood! Watch me hit up the ATM for cash!

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

My grandfather was a newspaper man, as were my father and most of my uncles, and a consistent theme in our household was, "What did you read, today?" Whether…

Will the fee cap fight go one more round?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The Fed emerges the victor in an appeals court decision on interchange fees and routing, but will merchants keep swinging?

Virtual currency exchange Vircurex suspends withdrawals

March 24, 2014

Beijing-based virtual currency exchange Vircurex suspended withdrawals Monday as it claimed it did not have the necessary reserves to fulfill customer…

Appeals court upholds Federal Reserve's 21-cent debit card swipe fee cap

March 21, 2014

A federal appeals court has today handed down a ruling in a back-and-forth drama that grew out of the 2010 Dodd-Frank Consumer Protection and Wall Street…

Liberty Teller launches second Boston Bitcoin kiosk

March 21, 2014

Following the launch in February 2014 of its first Bitcoin kiosk at Boston's South Station, Liberty Teller has added a second Bitcoin kiosk over the river in…

Wheeled rent-a-branch offers Indian FIs an option for fast expansion

March 21, 2014

In India, the rush is on to expand banking services to unbanked rural villages. And one company is looking to cash in by helping FIs to roll out services to…

Diebold FCU pilots card-free, PIN-free ATM

March 21, 2014

The brand-spanking new ATM at the Diebold Federal Credit Union boasts neither an EMV card reader nor an EPP7 keyboard. Such security measures are both…

'Mitigate fraud, or else,' CBN says

March 21, 2014

The Central Bank of Nigeria has advised the nation's retail FIs that they must implement measures to mitigate a rising tide of ATM fraud or face sanctions.

FIS expands security service portfolio through acquisitions

March 21, 2014

Banking and payments technology provider FIS has acquired ICS Risk Advisors and Memento Inc., two firms in the risk, fraud and compliance market. In a news…

Mt. Gox finds 200K missing bitcoins

March 21, 2014

Mt. Gox, the Tokyo-based Bitcoin exchange that filed for bankruptcy last month, has found some 200,000 bitcoins worth about $114 million in an old digital…

5 simple ways to save money on ATM paper

Paper might be a commodity, but there's more to saving money on it than just squeezing out cost.

Australian consumers expect widespread mobile wallets by 2021

March 21, 2014

Australian consumers expect to ditch their physical wallet in favor of a mobile one by 2021 as the popularity of contactless card and smartphone payments…

Thieves tunnel to Tesco ATM, take $100K in cash

March 20, 2014

It's a dirty job for a crook, but some might consider it a good few months' work, given a haul of some 60,000 pounds ($99,031).

Seven Bank nets fourfold increase in Tokyo subway ATM installations

March 20, 2014

Installations are underway in a planned deployment that will increase the number of Seven Bank ATMs in Tokyo subway stations from 18 to 72. All machines are to…