ATM Marketplace, ATMIA publish 2012 ATM Future Trends Report

February 20, 2012

The first report of its kind in three years contains the results of a survey conducted in collaboration with ATMIA.

India says yes at last to third-party ATMs

February 8, 2012

The Reserve Bank of India has agreed to banks’ demand to allow companies set up third-party ATM networks, according to a news story at indianexpress.com.

Study sums up 'Bank Transfer Day' impact

February 6, 2012

About 610,000 U.S. consumers changed banks on Bank Transfer Day in October, according to a news report in the Sacramento Bee. Bank Transfer Day was a social…

BoA to test Groupon-style program

January 27, 2012

Bank of America Corp. is testing a Groupon-style program in three states. The program delivers merchant offers directly to users within their online bank…

New Hampshire considering a cap on card fees

January 27, 2012

The New Hampshire legislature is debating a bill that would limit credit and debit card fees to 1 percent for state-charted banks, according to a report by New…

Durbin Amendment blamed for TCF Financial losses

January 25, 2012

Wayzata, Minn.-based TCF bank reported Tuesday that its fourth-quarter profits were slashed to half the levels of a year ago, according to a news story in the…

Antitrust case looms for Visa, MasterCard and big banks

January 23, 2012

A comprehensive report at thestreet.com describes private antitrust litigation pitting some five million retailers against Visa, MasterCard and 13 large banks…

Barcelona bank rolls out major tap and go program

January 23, 2012

Spain’s largest retail bank, La Caixa, has begun deployment of contactless payment cards and terminals across Barcelona, said a report at ft.com. The move…

Pre-holiday cash demand overwhelms ATMs in Vietnam

January 19, 2012

With the four-day Tet holiday beginning on January 22, workers are mobbing ATM stations to withdraw their wages and Tet bonuses, said a report at…

Regulators push banks to improve online security

January 16, 2012

According to a report in the New York Times, the Federal Deposit Insurance Corporation wants financial institutions to add a new security layer that detects…

UOB ATMs down on Monday due to security checks

January 16, 2012

The recent DBS skimming scandal is continuing to spread edginess in the Singapore banking community. Following the theft of customer receipts from the bin at a…

Singapore bank will offer SMS alerts for suspicious ATM activity

January 10, 2012

Channel NewsAsia reports that DBS Bank will implement a system that will send customers an SMS alert when ATM withdrawals are made from their accounts over a…

Federal officials bust $1.5 million ATM skimming ring

January 10, 2012

Officials have announced the arrest of Laurentiu Iulian Bulat, who is charged with installing skimmers on more than 40 New York ATMs, according to Information…

Pakistani bank, asset management company co-brand ATM card

January 8, 2012

The Summit Bank in Pakistan and asset management company National Investment Trust has introduced a co-branded ATM card for NIT unit holders, according to the…

Sri Lankan bank connects its 500th ATM

January 3, 2012

Sri Lanka's Commercial Bank of Ceylon Monday announced that it has connected its milestone 500th ATM. This landmark was reached with the opening of an ATM at…

Commentary: Card Hub's CEO offers 6 credit predictions for 2012

Papadimitriou says not to expect any more financial reform legislation this year.

Consumer Reports banking investigation says more customer fees on the way

January 2, 2012

According to a Consumer Reports banking industry investigation, consumers are likely to encounter fee hikes and tougher account requirements while the economy…

New York man suing Texas credit union over ATM surcharge sticker

January 2, 2012

The Southeast Texas Record yesterday reported that a man from New York has filed a lawsuit against a bank in Orange, Texas, claiming that the bank failed to…

Nigerian IADs criticize CBN's cashless economy initiative

January 2, 2012

Yesterday marked the beginning of the Central Bank of Nigeria's testing of its cashless economy initiative. Independent ATM deployers in the country are openly…

Watch those NACHA emails

by Kevin Christensen — Vice President, Audit, SHAZAM

Community banks and credit unions can make a significant dent in fraud losses by giving cardholders a heads-up where fraud is concerned. This is particularly…