Brazil hikes ATM fees by 1,600%

January 2, 2014

Brazil's finance ministry has increased the tax on citizens' debit card withdrawals abroad from the current 0.38 percent to 6.38 percent in the hope of…

Could changes in the credit card world increase debit use?

by Terry Dooley — SVP & CIO, ITS, Inc

Shifts in both consumer and lender behavior have set off several trends in the credit card marketplace. American consumers are paying down credit card debt…

How NFC was hacked

"The good news is the proximity has to be very close," says Dmitri Alperovitch of CrowdStrike. (At the ATM & Mobile Executive Summit.)

Thieves infect ATMs with malware via USB drives

December 31, 2013

At the Chaos Computing Congress in Hamburg, Germany, details were revealed about a July attack on European ATMs.

Is bluetooth vulnerable?

Yes and no, says CrowdStrike's CTO. (Mostly no.) (From the ATM & Mobile Executive Summit.)

Lamassu announces sale of 100th Bitcoin ATM

December 30, 2013

Lamassu Bitcoin Ventures has announced that it has sold its 100th Bitcoin ATM, according to a report from Coin Desk. 

China set to open up to Taiwanese ATM cards

December 27, 2013

ATM cards from Taiwanese banks soon will operate on ATMs in China, according to WantChinaTimes.com:

Michigan law targets ATM skimmers

December 27, 2013

Michigan has made it a crime to attach "skimmers" to ATMs to capture ATM and debit card information, according to The Associated Press.

Who the FTC sued for fraudulent carrier billing and mobile cramming

Malini Mithal of the FTC recounts recent lawsuits the agency won against fraudulent payment companies. (From the ATM & Mobile Executive Summit)

FTC cases against mobile app developers

In her keynote address at the ATM & Mobile Executive Summit, Malini Mithal of the FTC talks about lawsuits against Path, W3 Innovations and Filquarian…

Tips on data security from the FTC

Malini Mithal of the FTC highlights several best practices on mobile data security. (From a keynote address at the ATM & Mobile Executive Summit) 

Ghana links mobile payments to national switch

December 26, 2013

All banks in Ghana will be able to introduce mobile payments following enhancements to the country's interbank switching and processing system by Bank of Ghana…

European Banking Authority issues virtual currency warning

December 26, 2013

The European Banking Authority has issued a warning about the unregulated nature of virtual currencies such as Bitcoin, and the risk to consumers of buying…

Crooks try 'Bobcat' in failed Christmas Day ATM heist

December 26, 2013

Crooks used a "Bobcat," or a front loader, in an effort to make off with an ATM safe in Oak Ridge, Tenn., on Christmas morning, according to Oak Ridge Today.

Bitcoin ATM set to blow into the Windy City

December 26, 2013

A Chicago Bitcoin hobbyist is planning to deploy an ATM-like kiosk that allows Bitcoin users to trade them for cash, according to DNAinfo Chicago.

Why cash is a cultural necessity

In the continuing cashless debate, Mike Lee, CEO of ATMIA, makes the case for cash in an increasingly less-cash world. (From the ATM & Mobile Executive Summit)

The cost of cash

"We just think of it as a free good," said Dan Littman of the Federal Reserve Bank of Cleveland. "But everyone behind the scenes is seeing the cost go up to…

Should cash even exist?

“What is the case for cash?” asked Greg Baxter of Citi. After a global analysis of why the case is weakening, he challenged a panelist from the Fed why they…

Punjab Nat'l Bank rolling out ATM e-surveillance

December 23, 2013

Punjab National Bank recently announced it will deploy an e-surveillance system in an effort to prevent future theft attempts at its ATMs, according to…

Aussie IAD ATM Holdings to buy transfer security company

December 20, 2013

My ATM Holdings, an Australian company focused on the installation and maintenance of ATMs in small to medium enterprises, has entered into an agreement with…