The quantum ATM: Where self-service meets rocket science

June 11, 2013

This is one ATM that you might need to be Albert Einstein to understand. But, according to one experimental philosopher, the "quantum ATM" could make everyone…

Cash makes a comeback in the UK

June 11, 2013

Even as U.K. banks push electronic payments in order to reduce their cash-handling costs, the public is pushing back with a renewed demand for cash in hand.

Rototype rolls out a new cashless ATM

June 11, 2013

Self-service banking solutions provider Rototype Intl. unveiled its new CJD 8000 cashless ATM yesterday for a gathering of bank executives at its showroom on…

CardConnect launches CoPilot

June 11, 2013

Philadelphia-based payment processor CardConnect has introduced CoPilot, a business management tool for ISOs and agents.

May prepaid use up 8.1% in SpendTrend Analysis

June 11, 2013

Payment processor First Data Corporation has released its First Data SpendTrend analysis for U.S. consumer spending in May. Prepaids maintained strong…

Learning from EMV experience of other countries

by Terry Dooley — SVP & CIO, ITS, Inc

Recent statistics regarding the U.S. payment and fraud volumes indicate that the shift to EMV is a necessary step in order to reduce fraud.

How the ATM revolutionized retail banking: Part II

Blogger Bernardo Batiz-Lazo traces the history of Diebold and its contributions to the ATM industry.

UK's Nationwide deploys NCR anti-skimming solution

June 10, 2013

Nationwide Building Society, a 15 million-member savings and loan provider in the U.K., has opted to deploy the NCR Skimming Protection Solution. The…

India's PSBs allowed to bail out of centralized ATM buying

June 10, 2013

It was a great idea in theory, but ... The finance ministry of India recently repealed its mandate that public sector banks use a centralized bidding process…

CU24 intros comprehensive ATM outsourcing

June 10, 2013

Credit union cooperative CU24 has launched a new ATM management solution, EasyATM. The service is designed to help credit unions eliminate capital costs…

Interswitch spins off core divisions to encourage growth

June 10, 2013

Pan-African integrated payment processing and transaction switching company Interswitch Transnational Holdings has announced the spin-off of its two core…

Collis brand test tool integrates with Visa chip compliance reporting tool

June 10, 2013

UL Laboratories has announced that the Collis brand test tool developed by the UL transaction security team is now integrated with the Visa chip compliance…

The games that are being played!

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

This weekend, Margo, my wife and business partner (with much better IT qualifications than I have) posted to our social blog, Clubs that Accept Me as a Member.

Study: The Mexican payment card market

June 7, 2013

After a decade of lackluster growth, Mexico — the second largest market in Latin America and the 14th largest global economy — has shown strength for two…

PCI SSC issues updated PIN transaction security standard

June 7, 2013

The PCI Security Standards Council has released the published version 4.0 of PIN Transaction Security Point of Interaction requirements. According to PCI SSC…

5 things that make your ATM invisible

by Corey King — Sales, American Bank Equipment

I lived in the small town of Newburgh, Ind., for almost 10 years before I found out there was a farmers market downtown every Saturday morning that was full of…

The real lessons from Cyprus

One commentator says the ATM industry is well positioned to seize profit-making opportunities from turmoil.

Barclaycard, Diners Club strike up partnership

June 6, 2013

Barclaycard Global Payment Acceptance and Diners Club Intl., a business unit of Discover Financial Services, have signed a joint agreement to allow the…

UK tech firm touts solution to contactless card fraud

June 6, 2013

About five years ago, touch-technology developers at U.K.-based Peratech began to warn of potential theft of data from contactless cards that rely on RFID for…

Euronet Pakistan sets up MCB Bank POS network for UnionPay acceptance

June 6, 2013

Euronet Pakistan, a subsidiary of Euronet Worldwide Inc., has enabled UnionPay bankcard acquiring on the nationwide point-of-sale network of a major Pakistani…