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News

Mt. Gox CEO ordered to appear in US bankruptcy court, but probably won't

April 10, 2014

Mark Karpeles, former CEO of the now defunct Mt. Gox Bitcoin exchange, has been ordered by a Dallas judge to appear at attorneys' offices to be deposed in the…

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Texas FI leverages ATM outsourcing to grow its brand

April 9, 2014

Commercial Bank of Texas, a community bank with $530 million in assets, is moving into the north Texas market — without the usual expense that accompanies an…

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Patent trolls must be stopped, ABA tells House subcommittee

April 8, 2014

Congress must act to protect banks and businesses from abusive and deceptive patent demand letters that pose a serious risk, according to testimony this…

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CU24, Visa ink EMV licensing agreement

April 8, 2014

Credit union-owned cooperative CU24 has entered into a licensing agreement with Visa to allow EMV card transactions to route over the CU24 network.

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Hitachi-Omron achieves Indian market milestone

April 8, 2014

Rapid growth in India's economy and financial services sector has spurred a rising demand for deposit-enabled ATMs. Underscoring this fact, Hitachi-Omron…

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Long Island FI extends footprint to NYC with branding deal

April 8, 2014

Long Island, N.Y.-based Bridgehampton National Bank has announced the expansion of its ATM network to include 20 BNB-branded ATMs operated by Welch ATM. The…

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Euronet doubles Romanian ATM fleet through acquisition

April 8, 2014

Romanian bank Banca Comerciala Carpatica has agreed to sell its fleet of 200 ATMs to Euronet Services SRL, a subsidiary of Euronet Worldwide Inc. BCC also has…

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UnionPay rises to No. 1 in payments

April 8, 2014

For the first time, China's UnionPay has surpassed Visa credit and debit cards as the most popular payment method worldwide, according to the latest Nilson…

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KCB migration to EMV plagued by ATM glitches

April 7, 2014

Last month, Kenya Commercial Bank announced that it would add the MasterCard network to its existing Visa service as it migrated to EMV. Since then, customers…

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99% of Europe's XP-driven ATMs still not updated to Win 7

April 7, 2014

By the end of 2013, just 4,150 ATMs in Europe — 0.7 percent of the total — had been upgraded to Windows 7, according to the comprehensive study, "ATMs in…

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Westpac, UnionPay enter ATM agreement

April 7, 2014

Australian bank Westpac and Chinese bankcard provider UnionPay have announced an agreement that will allow UnionPay cardholders access to Westpac ATMs.

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A prepaid card for Bitcoin believers

April 4, 2014

This week a company called Prepaid Bitcoin announced the official launch of — a prepaid Bitcoin card.

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EMF releases revised standardized terms for EMV chip technology

April 4, 2014

The EMV Migration Forum has released a new version of "Standardization of Terminology," a glossary designed to encourage consistency and accuracy in…

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Gartner offers advice for offices on XP

April 4, 2014

The ATM industry has given plenty of thought to the risks of running ATMs on XP after April 8. But what about the back office running XP?

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Brink's, Burroughs strike service agreement

April 4, 2014

Brink's U.S., a provider of secure transportation and cash management services, has entered into multi-year agreement with Burroughs, under which the latter…

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For Bitcoin ATM-maker Lamassu, all news is good news

April 3, 2014

Bitcoin ATM-maker Lamassu has received almost continuous coverage in the mainstream media this year, most of it announcing "First Bitcoin ATM goes live in…

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First Data, MasterCard announce EMV common AID agreement

April 3, 2014

First Data and MasterCard have announced an agreement under which the First Data Star Network will employ MasterCard's common U.S. debit EMV solution.

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ATMIA launches US Underbanked Forum

April 3, 2014

The ATM Industry Association has created a new U.S. Underbanked Forum whose goal is to foster the development and deployment of ATM solutions that respond to…

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Survey: Bankers say nearly half of customer accounts have been compromised

April 3, 2014

A recent survey of bank executives by ACI Worldwide offers an indication of the scale of card fraud in the U.S. — and the steps that FIs are taking in response.

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Albuquerque no longer 'Imbibe'-ing in Bitcoin ATM

April 3, 2014

With much media fanfare, the "first Bitcoin ATM in the U.S." went live Feb. 18, in Albuquerque, N.M., at the Imbibe cigar bar. Without a word, it went away…

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