News
Bangalore police shutter unguarded ATMs
November 25, 2013
Banks in Bangalore, India, that failed to take seriously last Thursday's edict that all ATMs must be properly secured within three days or shut down received a…
read nowVideo teller machines will cost jobs, protestors say
November 25, 2013
Bank tellers in New York recently took to the sidewalk to protest the installation by Bank of America of ATMs with teller assist. The activist tellers said the…
read nowPAI, River City Bank forge co-branding deal
November 25, 2013
Retail ATM provider Payment Alliance International and River City Bank — both based in Louisville, Ky. — have announced a branding agreement covering ATMs in…
read nowPakistan's largest bank makes the switch to EMV
November 25, 2013
In a major step toward EMV migration in Pakistan, HBL, the country's largest bank, has started issuing EMV Visa debit cards. Technology provider TPS Pakistan…
read nowAlaric Authentic adds support for DB2, Microsoft SQL
November 21, 2013
Fraud prevention and payments solutions provider Alaric has updated its Authentic transaction processing solution, incorporating new features that include ATM…
read nowInstant issuance solution caters to CUs
November 21, 2013
EFT Source Inc., a provider of turnkey ATM and debit card programs for FIs, and Covera, a provider of debit, credit and ATM solutions, have teamed up to…
read nowFor ATM thief, a very poor rate of return
November 21, 2013
The Boise, Idaho, crook who managed to steal an ATM — lock, stock and barrel — from the Like Nu Car Wash must have thought he'd really pulled off the Big Haul.
read nowEven criminals don't trust Bitcoin
November 21, 2013
In a hearing this week, the U.S. Senate offered to help out federal agencies with new regulations addressing the use and exchange of virtual currencies such as…
read nowSecure ATMs or shut them down, Indian state tells banks
November 21, 2013
Following a horrifying machete attack on a woman at an ATM in the Indian city of Bangalore in Karnataka state, the government has issued a warning to banks…
read nowHouse focuses on CFPB, patent troll bills in markup session
November 21, 2013
Members of the U.S. House of Representatives got down to work yesterday on an assortment of bills whose outcomes could affect the nation's ATM industry. One…
read nowEAST reports a new skimming threat - fake ATMs
November 21, 2013
The European ATM Security Team has published its third European Fraud Update for 2013. In a new development, one EAST national member has reported the use of…
read nowFirst Data posts Oct SpendTrend report
November 21, 2013
E-commerce and payment processing provider First Data Corp. has released its SpendTrend analysis for Oct.1, 2013 through Oct. 30, 2013 compared with Oct. 2…
read nowStudy: Global trends in interchange regulation
November 21, 2013
Around the world, legislators and regulators are taking aim at interchange fees, trying to reduce or cap the amount that FIs and global card networks can…
read nowCovera, EFT Source to provide instant issuance solution to CUs
November 20, 2013
EFT Source Inc., a provider of turnkey card programs for ATM and debit cards for financial institutions, and Covera, a provider of debit, credit and ATM…
read nowStudy: 250M cards will be used for contactless payments in 2014
November 20, 2013
Will consumers expect to make contactless transactions at the ATM sometime soon? A new report from Juniper Research seems to suggest that they might.
read nowNCR reaches pension agreement with UK trustees
November 19, 2013
NCR Corp. has entered into an agreement with the trustees of the NCR Pension Plan in the U.K. regarding entry into a pension insurance buyout transaction for…
read nowPhilippine ATMs to go under the hammer
November 19, 2013
The Philippine Deposit Insurance Corporation is set to auction off a total of 118 ATMs at public auction on Dec. 3. The machines, which have an aggregate…
read nowUK slaps merchants, FIs with new tax for hosted ATMs
November 19, 2013
The U.K.'s Valuation Office Agency, the entity that assesses business rates for the nation, has determined that ATMs hosted by stores on behalf of external…
read nowFirst Data, Oberthur partner up to support EMV in the US
November 19, 2013
Payment processor First Data Corp. and smart card solutions provider Oberthur Technologies have formed a partnership to manage and promote EMV in the United…
read nowFIS to provide tech platform for India's first women's bank
November 19, 2013
India is getting its first public sector FI dedicated to serving women's financial needs — the Bharatiya Mahila Bank Ltd. Under a multi-year agreement, FIS…
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