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Banamex to forfeit $97M for 'willful' AML failures

June 6, 2017

The Justice Department's Criminal Division recently announced that Los Angeles-based Banamex USA, a subsidiary of Citigroup Inc., has agreed to forfeit $97.4…

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FIS banking report heralds arrival of a new digital demographic: 'Gen MX'

June 6, 2017

New research from financial services technology provider FIS reveals the emergence of "Gen MX," a segment of higher-income Gen Xers and older millennials who…

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EMV cards in circulation worldwide top 6B

June 5, 2017

Official figures from aggregated data published by technical body EMVCo show that, by the end of 2016, the number of EMV payment cards in global circulation…

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Upcoming webinar to share strategy for ATM testing in a DevOps world

June 2, 2017

In a June 8 webinar hosted by ATM Marketplace, ATM testing specialist FIS will offer valuable insights into the essentials of ATM testing in a DevOps world.

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NYC makes ATMs 'safe as (station) houses'

June 2, 2017

New York City has come up with possibly the most practical solution ever for fighting ATM-related crime: Put ATMs in police stations.

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Swiss FI taps Diebold Nixdorf for mobile ATM access — and more

June 2, 2017

PostFinance AG, a Swiss bank, is upgrading its self-service network with new technology, monitoring software and services from Diebold Nixdorf.

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Authorities deny report of facial ID mandate for Hong Kong ATMs

June 2, 2017

In early May, the government of Macau announced that ATMs in the territory must be equipped with facial recognition and ID-reading technology.

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NCR jumps to No. 19 on The Barron's 500

June 2, 2017

 NCR Corp. has been ranked 19th in the 2017 edition of The Barron's 500, up from 64th in 2016, a company press release announced.

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Account takeover, application fraud rising fast, study finds

June 2, 2017

Two of the largest challenges facing financial institutions are identity-related, according to the new Aite Group Impact Report, Financial Institution Fraud…

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STEGO switch module DCM 010 allows switching DC currents safely in enclosures

June 1, 2017

STEGO, a thermal management specialist, has introduced its versatile DC switch module, the DCM 010. STEGO  unifies the DC versions of its products under the…

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Aussie banker predicts disappearance of cash from bank branches

May 31, 2017

Cash is likely to disappear from bank branches in Australia in the not-so-distant future as consumers Down Under increasingly turn to digital channels for…

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Lack of cash in Cowes: 'an absolute disgrace'

May 31, 2017

The Isle of Wight seems to be the latest spot in the United Kingdom to find itself short of cash access as banks trim their branches in a bid to save on…

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NCR, Bahraini payments provider partner to enable transactions at the touch of a finger

May 31, 2017

Eazy Financial Services B.S.C., a Bahraini financial technology company, will introduce the region's first biometric payment network. The system, powered…

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Cummins Allison helps CIT raise efficiency, reduce costs with currency sorting solution

May 31, 2017

Cummins Allison, a provider of coin and currency handling solutions, has announced that Streamcorp Armoured, an Australian CIT provider, will use Cummins…

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A big transaction to process: First Data to acquire CardConnect

May 31, 2017

Transaction processing and payment solutions providers First Data and CardConnect Corp., have entered into a definitive merger agreement under which First Data…

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Triton expands Argo line with through-the-wall model

May 30, 2017

Triton Systems has announced the launch of the newest member of its Argo product line, the Argo FT through-the-wall ATM.

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Brits expected to choose debit over cash by 2018

May 30, 2017

Rapid growth in the use of contactless cards means that cash will be overtaken as Britain's most frequently used payment method by the end of 2018, according…

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No relief for NAC in ATM access fee lawsuit

May 30, 2017

This week, a D.C. federal court denied a motion by the National ATM Council to enjoin Visa and MasterCard from enforcing ATM fee rules over the companies…

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Feds seize ATM from St. Louis area convenience store

May 30, 2017

In what appeared to be part of a larger drug and money-laundering investigation, U.S. Treasury agents and local law enforcement officers in Alton, Illinois…

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Swiss banks, payment service launch standardized software for nation's ATMs

May 24, 2017

The pilot phase of ATMfutura — centralized multivendor developed by SIX, Switzerland's payment service, for the Swiss banking system — was launched…

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