Bitcoin called to testify before Senate committee

November 12, 2013

A Bitcoin Foundation board member will testify about the future of virtual currencies in a Nov. 18 hearing by the Senate Homeland Security & Governmental…

Arkansas bank beats EFTA suit

November 12, 2013

A lawsuit against Arkansas-based Union Bank & Trust of Monticello over a missing ATM fee placard was dismissed by a U.S. District Court last week. 

PIN wins in consumers' expected mobile wallet experience

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

A recent study by Phoenix Marketing International highlights a disconnect between consumers' awareness of mobile wallets and their use of this emerging payment…

Wincor aims to upsize its slice of the American market

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Following a US operations revamp, Europe's ATM giant says it's ready to step it up on this side of the Atlantic.

Cash recycling ATMs catch on at UniCredit

November 11, 2013

UniCredit, a Milan, Italy-based banking and financial services company with more than 9,000 branches, is adding cash recycling capabilities to the ATM fleet at…

EMVCo qualifies Collis CPA/CCD level 2 test suites

November 11, 2013

EMVCo has certified the latest versions of the Collis CPA/CCD Level 2 Test Suites for the testing of card products. The tools are part of the UL EMVCo test…

Revised PCI regs to go live on Jan. 1, 2014

November 11, 2013

The PCI Security Standards Council, an open, global forum for the development of payment card security standards, has published version 3.0 of the PCI Data…

Canada completes polymer banknote conversion

by Brendan Burge

"Canada completes polymer banknote conversion" is much more than a headline about a national banknote series refresh.

Burroughs, GetBranded partner on branding installation venture

November 8, 2013

GetBranded.com, a branding solutions provider, and Burroughs, an ATM maintenance and support provider, have teamed up to provide nationwide ATM and kiosk…

Independent review firm names '10 best EMV compliance consultants' for November

November 8, 2013

Topcreditcardprocessors.com has ranked the 10 best EMV compliance consulting firms for the month of November. Each month, the payment processor review firm…

For authentication, consumers want simple and secure

by Kevin Christensen — Vice President, Audit, SHAZAM

Our lives are increasingly digital, which makes accessing our personal information and accounts a daily activity. Resultantly, authentication has taken on a…

Bitcoin ATM does $100K in transactions in 1st 8 days

November 8, 2013

Two weeks ago, the first Bitcoin ATM went live in Vancouver, Canada. So far, traffic at the machine is encouraging to the ATM's maker, Robocoin.

Where do paper ATM receipts fit in a digital world?

Like cash itself, paper ATM receipts will continue to be the preference of many consumers, so make the most of yours.

Wincor World 2014 to focus on branch processes, customer experience

November 8, 2013

Today, the financial services market is dealing with the question of how to implement improved customer service while optimizing the cost position for the bank…

Study: US prepaid card market forecast for 2013-2016

November 8, 2013

Growth in the prepaid card industry has slowed and may remain depressed, by comparison with past years, due to ongoing economic turmoil and increased…

Community banks embracing branch reinvention, too

November 7, 2013

Major U.S. banks have been engaged in branch reinvention for a few years. Now smaller players are beginning to embrace the trend, as well.

Software platform helps Tanzanian bank branch out into Burundi

November 7, 2013

CRDB Bank Plc., a major bank in Tanzania, has migrated to the CR2 BankWorld Platform at its subsidiary, CRDB Burundi, in a move that the FI hopes will augment…

New LED technology reduces cost of a fully illuminated ATM surround by up to 50%

November 7, 2013

Fully illuminated ATM wall surrounds used by major banks such as Wells Fargo and Chase are extremely complicated and costly to fabricate, requiring detailed…

ATM, branch-sharing partners extend, expand relationship in Puerto Rico

November 7, 2013

The success of a shared branching effort in the U.S. commonwealth of Puerto Rico has led Co-op Financial Services to extend its relationship with El Circuito…

Who cares about branch transformation?

by Terrina Rishel — CEO, ATM Authority, LLC

Thinner margins, loan losses, economic pressures, expensive regulation and stiff competition have created the need for banks to conduct an in-depth analysis of…