OKI enters Indian market

January 30, 2014

With the delivery this week of an order of ATM-Recycler G7s to the State Bank of India, Japanese manufacturer OKI has achieved its stated objective of entering…

The main reason NFC hasn't caught on

Too many technologies (including NFC) ignore a necessary step toward merchant acceptance. "Users of NFC will be disappointed for many years to come," says…

A bigger issue than payment security

"It's not true that security is paramount," says George Wallner, CTO of Loop. (From the ATM & Mobile Executive Summit.)

The unavoidable problem for mobile payments at retail

This one issue causes enough retailer resistance to potentially keep mobile from gaining wide acceptance at the point of sale. (From George Wallner's keynote…

More banks add mobile payments to enhance customer experience

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

According to a recent Independent Community Bankers of America survey, mobile payment offerings continue to rise at community financial institutions.

Card data from Target breach used in counterfeit card spending spree

January 30, 2014

A Mexican man and woman arrested early this week on charges of credit- and debit-card fraud were carrying 100 counterfeit cards striped with data stolen in the…

ATM emulation speeds testing for software app developer

January 30, 2014

Software Group, a Bulgarian provider of end-to-end software solutions and services for FIs, is using two solutions from Paragon Application Systems that allow…

Polymer banknotes: On one side

There are some things for ATM operators to like about polymer banknotes, such as durability and anti-counterfeit security.

Polymer banknotes: On the other side

Polymer notes will save the Bank of England billions, but at what cost to ATM operators and others in the cash-handling industry?

Risks and solutions in cloud computing

by Robert Siciliano — speaker, IDTheftSecurity.com

A public cloud service can bring up five risks for a business. Following are descriptions of each of these risks and their solutions.

How mobile payments will evolve

George Wallner says, "There's not anything wrong with [today's] technology, it's just not supported." (From the ATM & Mobile Executive Summit.)

How secure are cards on mobile phones?

"Attacking a phone — especially if it has a piece of hardware to securely store the card data — is not a very rewarding process for a hacker." (George Wallner…

U.S. Treasury Dept. concerned about mobile payments in Kenya

Kenya is a terrible example of regulation supervision, says Emery Kobor, Deputy Director of Strategic Planning for the U.S. Treasury's Office of Terrorist…

Two-vendor solution helps ensure uptime at rural Italian ATMs

January 29, 2014

NCR Corp. and INETCO Systems Ltd. are working in partnership with Sinergia, an Italian provider of centralized ATM network infrastructure, to improve the speed…

FBI will cash out Bitcoin cache

January 29, 2014

Last fall the FBI shut down the notorious Silk Road black market website, arrested its founder for money laundering (among other charges), and confiscated the…

New B-Pesa card scheme backed by UnionPay ATM network

January 29, 2014

Smart Banking Solutions Ltd., a Tanzania-based provider of hardware and software solutions for FIs and telecoms, has introduced the first prepaid card in the…

RBI, Prizm launch white label line

January 28, 2014

Prizm Payment Services has launched Money Spot, a line of white label ATMs, under license from the Reserve Bank of India. In an initial push, Prizm plans to…

Free Mercator research series sums up 2014 financial services outlook

January 28, 2014

Will 2014 be a year of fundamental change in payments, or is the industry just tinkering with user interfaces on the fringes while addressing other issues?

ARCA to move cash recycler assembly to US shores

January 28, 2014

ARCA has announced plans to transfer the assembly of CM18 cash recyclers from Italy to its manufacturing facility in Mebane, N.C. The company will continue to…

ATMs play a role in FIs’ omnichannel goals

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

Mercator Advisory Group's recent "2013 ATM Market Benchmark Report" examines the ways in which the ATM channel is assisting financial institutions in their…