RBI gives nod to four white label ATM providers

February 11, 2014

The Reserve Bank of India has announced the issuance of "certificates of authorization" to four non-bank ATM providers. The certificates grant IADs permission…

The most debilitating part of Durbin for FIs

One factor in the whole Durbin/Leon debacle has thrown the financial services community into disarray, rendering budgeting and planning next to impossible.

How banks responded to the Durbin Amendment

Casey Merolla, senior manager of First Annapolis Consulting, analyzes the responses of various financial institutions to Durbin. (From the ATM & Mobile…

Gas pump skimming and ATMs

by atm Atom — blogger, atmatom

This month, the Manhattan District Attorney indicted four lead defendants on charges of skimming gas pumps to steal customer bank data, which was used steal…

Bitcoin ATM-maker's machines averaging $10K daily in transactions

February 10, 2014

Canada-based startup BitAccess is racking up $10,000 in Bitcoin transactions daily, the company announced recently. So far, BitAccess has launched machines in…

More consumers favoring ATM, RDC check deposit

February 10, 2014

Though the majority of U.S. adults still prefer to deposit checks at the teller window, increasing numbers favor self-service methods for check deposit…

NCR posts strong Q4, forecasts further growth in 2014

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

An increase of 26 percent in ATM orders for Q4 2013 generates 'some good momentum' going into 2014.

Bitcoin regulation a certainty, but to what degree?

February 7, 2014

Rulings by the U.S. Treasury's Financial Crimes Enforcement Network are revealing a developing picture of Bitcoin regulation in the United States. Last week…

Spanish gang connected to string of ATM explosions

February 7, 2014

ATM explosions — most of them fails — are frequent newsmakers. But a spate of attacks along Spain's Costa del Sol stands out for its record of success.

CUs, community FIs rolling forward with EMV rollout plans

February 7, 2014

Payments processor The Members Group recently conducted a survey among 43 FIs and found that more than half of them would like to start an EMV project within…

Cardtronics acquires Automated Financial

February 7, 2014

Cardtronics continues to grow through acquisition. The company announced this week that its U.S. fleet now stands at 66,400 ATMs with the purchase of another…

The paddle-up ATM: Who knew?

February 7, 2014

Judge Leon's Durbin ruling mistakes

Casey Merolla of First Annapolis Consulting explains how the judge's ruling is in conflict with many network agreements signed as a result of Durbin. Leon also…

Likely outcomes of Judge Leon's ruling

The possibilities span the spectrum of destructive impact on financial institutions. In describing the potential outcomes, Casey Merolla of First Annapolis…

Strategic options for issuers in a Durbin world

Issuing banks have several strategies for mitigating the Durbin rules, including product innovation, re-pricing and cost reduction. (From the ATM & Mobile…

Why banks need to be in the mobile wallet business

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

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

The games fraudsters play - and how to beat them at the ATM

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Security expert offers a checklist of 20 items to consider when planning an anti-skimming project across an ATM fleet. 

Report: Most companies that accept cards fail PCI standards

February 6, 2014

A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard , fail…

IT guys get suckered in social media exploit

by Robert Siciliano — speaker, IDTheftSecurity.com

The defenses of a U.S. government agency were defeated by an experimental scam created by security experts. What's especially scary is how easily it was…

My 3-month experiment paying for everything by phone

George Wallner says people were wowed when he whipped out his phone instead of a card, but are "cool" and "convenient" enough to establish a new mode of…