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Mobile startup seeks to turn businesses into ATMs

February 5, 2014

A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and…

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Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

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Department of Homeland Security taps FIS for cybersecurity research

February 4, 2014

Banking and payments technology provider FIS has reached an agreement with the Department of Homeland Security under which the company will serve as a…

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Canada's Parliament mulls 50 cent off-us fee cap

February 4, 2014

It shouldn't cost Canadians as much as $3 to get access to their own money at a cash machine, a member of Canada's Opposition party asserts. The party wants to…

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London transport authority ends cash payment for bus fares

February 3, 2014

According to Transport for London, the 1 percent of Londoners who pay bus fares with cash cost the city 24 million pounds ($39.15 million) per year. So, the…

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

February 3, 2014

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

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Cash management solution promises improved cost-efficiency

February 3, 2014

Operators typically overload ATMs with cash to the point where associated costs account for up to 60 percent of all operating costs, according to financial…

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Interswitch brings cardless mobile ATM withdrawals to Nigeria

January 31, 2014

The African payments company Interswitch Transnational has added cardless ATM withdrawals for mobile money users to its Quickteller service. Quickteller allows…

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OKI enters Indian market

January 30, 2014

With the delivery this week of an order of ATM-Recycler G7s to the State Bank of India, Japanese manufacturer OKI has achieved its stated objective of entering…

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Card data from Target breach used in counterfeit card spending spree

January 30, 2014

A Mexican man and woman arrested early this week on charges of credit- and debit-card fraud were carrying 100 counterfeit cards striped with data stolen in the…

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ATM emulation speeds testing for software app developer

January 30, 2014

Software Group, a Bulgarian provider of end-to-end software solutions and services for FIs, is using two solutions from Paragon Application Systems that allow…

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Two-vendor solution helps ensure uptime at rural Italian ATMs

January 29, 2014

NCR Corp. and INETCO Systems Ltd. are working in partnership with Sinergia, an Italian provider of centralized ATM network infrastructure, to improve the speed…

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FBI will cash out Bitcoin cache

January 29, 2014

Last fall the FBI shut down the notorious Silk Road black market website, arrested its founder for money laundering (among other charges), and confiscated the…

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New B-Pesa card scheme backed by UnionPay ATM network

January 29, 2014

Smart Banking Solutions Ltd., a Tanzania-based provider of hardware and software solutions for FIs and telecoms, has introduced the first prepaid card in the…

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RBI, Prizm launch white label line

January 28, 2014

Prizm Payment Services has launched Money Spot, a line of white label ATMs, under license from the Reserve Bank of India. In an initial push, Prizm plans to…

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Free Mercator research series sums up 2014 financial services outlook

January 28, 2014

Will 2014 be a year of fundamental change in payments, or is the industry just tinkering with user interfaces on the fringes while addressing other issues?

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ARCA to move cash recycler assembly to US shores

January 28, 2014

ARCA has announced plans to transfer the assembly of CM18 cash recyclers from Italy to its manufacturing facility in Mebane, N.C. The company will continue to…

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EAST gauges interest in contactless ATM access

January 27, 2014

The European ATM Security Team has released the results of a website poll on attitudes toward contactless ATM access. The poll was conducted on the ATM…

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Mobile money transforms Kenyan banking market

January 27, 2014

Sixty percent of Kenyans now use their mobile phone for banking transactions and 64 percent of Kenyans send or receive money locally through their mobile…

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2014 ATM software trends survey now open

January 27, 2014

The online survey for the 2014 ATM Software Trends and Analysis Guide is now open and survey co-sponsors KAL and ATM Marketplace are sending out an invitation…

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