News & Media
New law expected to affect ATM withdrawals
August 31, 2010
Forty-nine percent of bank customers decided against signing up for checking-account overdraft protection by last month’s federally mandated deadline.
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Mitek, Fiserv partner on mobile phone deposits
August 31, 2010
Mitek Systems Inc. has partnered with Fiserv Inc. to offer a service that enables bank customers to deposit checks from their camera-equipped smartphones.…
read nowGRGBanking Equipment (HK) Co. Ltd. leases ATMs to a bank
August 30, 2010
GRGBanking Equipment (HK) Co. Ltd. has announced that it signed a five-year agreement to supply 1,000 ATMs to an unnamed bank in the Middle East. The bank will…
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Spark ATM Systems finds a pot of gold at the end of World Cup rainbow
Spain kicked the winning goal to capture the 2010 FIFA World Cup in South Africa, and Spark ATM Systems, an independent ATM deployer based in Cape Town…
read nowSolvport improves project-management capabilities
August 26, 2010
Solvport, an ATM- and kiosk-services provider has adopted the Project Management Institute’s Project Lifecycle methodology for project management. The Project…
read nowATM switch receives PCI certification
August 25, 2010
The Payment Card Industry Security Standards Council has certified ElectraCard Services’ electraSWITCH, an authorization and routing switch that enables…
read nowMobile-banking platform that finds surcharge-free ATMs celebrates a milestone
August 25, 2010
mFoundry, a mobile banking platform provider, today celebrated 1 million end users, an achievement that signals mobile banking has become a key customer…
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International card schemes - not necessarily a two horse race
by Dominic Hirsch — manager, Retail Banking Research
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Consumers Union wants protection for smartphone payments
August 24, 2010
Although payments with smartphones are about to be tested, the Consumers Union, publisher of Consumer Reports, wants businesses that offer mobile phone…
read nowCalifornia bank moves to mobile-banking platform
August 24, 2010
Bank of the West, a San Francisco-based financial institution, has signed a contract to employ ClairMail Inc.’s mobile-banking platform, said a ClairMail…
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The Global Rebranding of ISOs
by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association
The ATM is a major consumer technology. ATMs can only reach the masses close to where they live, work and shop if national payment systems and ATM networks…
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Sell your ATM-related business now or pay more taxes later...
by Sam Ditzion — CEO, Tremont Capital Group
As the old saying goes, only two things are certain: death and taxes. And one thing is for sure about tax rates right now: they will almost certainly go up …
read nowBarclays' ATMs stopped working for a time Saturday
August 23, 2010
An undisclosed number of Barclays Bank ATMs stopped working Saturday afternoon, inconveniencing cardholders who were unable to withdraw cash from the machines…
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Bank of America to pilot payments with mobile phones in New York
Participants will use their BlackBerrys and iPhones to pay for purchases at merchants who accept contactless payments.
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Wells Fargo keeps some of its ATMs on ice
David M. Parker, Wells Fargo & Co.'s vice president of ATM Banking, describes the financial institution's network this way: "We have ATMs coast-to-coast and…
read nowUkraine bank selects OptiCash for currency management
August 22, 2010
Raiffeisen Bank Aval in Kiev, Ukraine, has selected Transoft International Inc.’s OptiCash to manage the bank’s cash-management systems and to provide cash…
read nowMixed messages from western European ATM market
by Dominic Hirsch — manager, Retail Banking Research
One in three ATM markets in western Europe contracted last year. A fall in the number of ATMs in any country is relatively rare, and it is unprecedented for so…
read nowSouth African bank launches ATM cash-sending service
August 20, 2010
Absa Bank cardholders can send funds across the country to friends and relatives, and they can withdraw the cash from the nearest Absa ATM.Absa Bank, which is…
read nowNCR signs ATM-management services contract with UK bank
August 18, 2010
NCR Corp. has signed an ATM outsourcing-management agreement with Barclays Bank PLC in a deal that highlights the ATM manufacturer’s customer care center near…
read nowStockholders to sell shares in ATM ISO
August 18, 2010
Three shareholders of Cardtronics Inc.’s common stock have announced they will sell some of their holdings in the Houston-based ISO.
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