In Cyprus, ATM withdrawals limited, 'bitcoin ATM' plan in the works

March 25, 2013

Two of the largest banks in Cyprus have cut their ATM withdrawal limits from €260 ($336) to €100 ($129). The step was taken in order to prevent a run on…

ATMs a lifeline as Cyprus bailout woes continue

March 22, 2013

The European Central Bank has given Cyprus until Monday, March 25, to pull together $6 billion in earnest money needed to secure emergency liquidity aid from…

Brand expansion through branchless banking

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

While transactions at financial institution branches across the U.S. are dropping by approximately 5 percent per year, PC and Internet use are on the rise. The…

FIS to provide full IT outsourcing for FirstBank Puerto Rico

March 21, 2013

Banking and payments technology firm FIS has signed a 7-year agreement with FirstBank Puerto Rico to assume full on-site responsibility for IT operations and…

To EMV, or not to EMV ...

by Mark Smith — VP of Financial Solutions, Kahuna ATM Solutions

I've had the pleasure of attending several conferences recently and have listened to many points of view about EMV and the VISA/MasterCard timelines for the…

Cyber attack takes down Korean ATMs, banks

March 20, 2013

In what many are calling an act of cyber-revenge, computer screens at ATMs, banks and broadcast station offices in South Korea simultaneously went black on…

'Prominent Indian bank' opts for Datacard card issuance technology

March 19, 2013

Datacard Group, a provider of secure ID and card personalization solutions, has announced that the company's Datacard MX1100 card issuance system has been…

No 'easy money' for some Hollanders as village ATMs shut down

March 18, 2013

Quick and easy access to cash is not to be taken for granted these days in the Netherlands. Around the country, ATMs and bank branches have been vanishing from…

Bangladesh central bank promises easing of ATM install regs

March 18, 2013

Following complaints that its recent tightening of procedures for setting up ATMs was hindering the speed of installations, Bangladesh Bank has promised to…

Law firm known for EFTA litigation files new ADA suit

March 15, 2013

Now that EFTA lawsuit filings are a thing of the past, will ADA lawsuit filings take their place? A class action lawsuit filed two weeks ago in Atlanta might…

ARCA wins new customers, industry honors

March 14, 2013

Arca, a provider of cash automation solutions, has recently announced a number of new customer relationships. The company also was recently recognized by…

ATM fees out, card maintenance fees in

March 13, 2013

"Dear valued customer, in order to serve you better, from March 2013, a monthly N100 (63 cents) card maintenance fee will be charged for all cash withdrawals…

TD Bank renews ATM fleet with 'Green Machines'

March 13, 2013

TD Bank is updating its ATM fleet throughout its footprint from Maine to Florida. The FI's new ATMs feature touch screens and auto-deposit, with receipts…

Within 2 months, 200 FIs add Shazam Bolt$ mobile app

March 12, 2013

Less than 60 days after its launch, the Shazam Network mobile app is live at more than 200 of the network's participating FIs. The app allows debit cardholders…

Diebold to provide ATMs, services for FCU serving Stanford U

March 8, 2013

Diebold Inc. has announced that it is installing deposit automation-enabled Opteva ATMs for Stanford Federal Credit Union, an FI that serves the Stanford…

Transaction Solutions inks 4th ATM deal with Indian bank

March 8, 2013

Transaction Solutions International has signed its fourth contract with India's Tamilnad Mercantile Bank. This latest deal is especially significant for the…

RBS computer failure shuts down ATMs again

March 8, 2013

Strike two for the Royal Bank of Scotland. An RBS system crash last summer that left customers unable use ATMs or online banking for a week; another computer…

Brand offers at the ATM: an innovative way to engage consumers

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

The ATMIA US 2013 conference offered a plethora of information for ATM owners and operators about EMV, PCI and ways to mitigate dropping interchange fees.

ATMIA US 2013: adding value at the ATM

Incremental profit was the trending topic at ATMIA US 2013. Reduced exchange rates and rumblings from Washington about Durbin-style ATM fee caps have operators…

SelectCore, Home Trust team up to tackle Canada's prepaid market

March 6, 2013

SelectCore Ltd., a provider of prepaid payment solutions, has teamed up with Home Trust, a wholly-owned subsidiary of Home Capital Group Inc., to offer…