Cummins Allison marks 3rd year of major growth in fledgling ATM business

Cummins Allison, a provider of ATMs and coin, currency and check processing technology, has announced another year of significant growth in its ATM business. Since launching the business in 2014, the company has averaged 111 percent annual growth with hundreds...

1.9B consumer data records compromised in first half of 2017

Gemalto, a provider of digital security, has released findings from the Breach Level Index, a global database that tracks data breaches and measures their severity. According to a press release, the index showed that 918 data breaches resulted in 1.9...

Conversion of mobile users to contactless payment proceeds slowly; facial ID not a selling point

A new survey by Juniper Research has found that more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a payment security technology, according to a press release. Contactless payment users consider...

Fuzion kiosk generates added power with iVizion bill validator, Gen5 printer

JCM Global's newly introduced Fuzion, when paired with the company's iVizion bill validator and Gen5 printer, unleashes the following capabilities: iVizion bill validator Vend and redeem lottery tickets. Vend and redeem race and sports betting. Conduct cross-enterprise promotional couponing. Enable...

Aldi shoppers can now stock up, check out via contactless

Grocery chain Aldi will now enable shoppers to pay for their items with any contactless payment method, including mobile methods such as Apple Pay, as well as plastic cards and wearables, according to a press release. "We're continually innovating to...

Europe leads the way in digital banking, payments

The uptake of mobile devices to manage money, conduct banking and make payments is greater than ever in Europe as 77 percent of Europeans now use their mobile devices to keep track of their finances and make everyday payments that...

Study measures millennials' digital banking engagement

Computer Services Inc., a provider of financial technology solutions, has released a national study with the Center for Generational Kinetics that examines the banking preferences of millennials, the largest generation in the workforce today. The report, Banking Trends through a...

LG to sell ailing ATM business to South Korea's Atec

LG CNS has agreed to sell its ATM business unit to Atec, a Korea-based company mainly engaged in the IT business. The agreement was signed on Sept.

Nontraditional providers making inroads into retail banking space, study finds

A substantial number of consumers are comfortable using nonfinancial providers for essential activities such as paying bills, transferring money to others and taking out loans, according to the latest consumer trends survey from Fiserv. The survey also found notable adoption...

Withdraw Cash Wednesday campaign prep gets underway

The Withdraw Cash Wednesday social media campaign is up and running. Facebook, Twitter, and LinkedIn pages, a website and a short video encourage consumers to visit ATMs every Wednesday and spend with cash for the upcoming weekend, a press release...

TMD Security throws one-two punch in fight against ATM explosive attacks

TMD Security has introduced its Gas Defense Kit, expanding the company's portfolio of physical security solutions designed to protect against ATM explosive attacks. The new kit combines intelligent "spark" technology with TMD's real-time remote monitoring software to provide a centrally controlled end-to-end defense strategy.

Dolphin Debit inks ATM management agreements with Southeastern CUs

Five credit unions in the Southeast now have transferred management of their ATMs to Dolphin Debit, a full-service ATM management company. The CUs range in size from approximately $72 million–$117 million in assets; three participate in the CUliance ATM Cinch...

From affordable internet to video teller machines: ETA paper highlights outreach to the financially underserved

In a new white paper, the Electronic Transaction Association highlights how members are using technology to address the financial needs of underserved consumers. ETA published the first volume of the white paper in July 2016; the new edition expands upon...

Guide outlines security best practices for deposit-taking ATMs, cash recyclers

The ATM Industry Association has announced the publication of a new guide, Best Practices for Securing Deposit and Cash-Recycling Machines. "The growing popularity and competitive importance of deposit-taking ATMs and recycling ATMs has prompted ATMIA to develop new security best...

NACHA adds debit option to same-day ACH program

A year after its successful launch of a same-day ACH credit payment option, the Electronic Payments Association has announced that it will build on that program with the introduction of same-day debit. "After a successful year of same-day ACH credits,...

ATM market growth in Asia makes up for contraction in Europe, RBR study finds

The number of ATMs installed worldwide grew 3 percent to 3.3 million in 2016. As in recent years, the vast majority of new ATMs were installed in Asia-Pacific, according to the RBR study, Global ATM Market and Forecasts to 2022. At a country level, China added by far the most ATMs in 2016, RBR research finds.

NRF calls for federal law governing data breach response

Citing the recent breach at Equifax, the National Retail Federation and other industry associations have sent a letter to Congress insisting that any legislation concerned with data breach notification should apply to all industries that handle consumer data. "To protect...

Faster Payments Standards Library intros free-to-use validation tool, new messaging schema

The Faster Payments scheme, the U.K.'s 24/7 real-time payment service, has introduced what it describes as "significant enhancements" to the Faster Payments Standards Library. The interactive, free-to-use standards model for stakeholders across the payments industry now includes a new validation...

ePayAdvisors strikes deal with Shazam to offer Secure Solutions suite

EPayAdvisors, a payments risk management, compliance, and consulting firm, has entered into a partnership with payment processor Shazam Inc., to offer Shazam Secure Solutions to ePay clients and members of ePayResources, the parent company of ePayAdvisors. "Shazam Secure Solutions complements...

Study examines ATM use patterns among Aussies, Brits, Yanks

A new report from Transaction Network Services, a provider of data communications and interoperability solutions reveals that consumers in the U.S., U.K. and Australia exhibit different behaviors when using ATMs.

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