Chicagoland ISOs join forces

Payroc LLC, a merchant services and payment organization, has acquired Integrity Payment Systems LLC, a full-service processor and acquirer. The transaction results in a significant expansion of Payroc's payments business, the company said in a press release. The combined Chicagoland...

India ends incentives for new ATM, cash recycler installations

The Reserve Bank of India will not renew incentives intended to encourage banks to install ATMs and cash recyclers.

ESQ intros configurable OperationsBridge 3.0 for FIs, MSPs

ESQ Business Service Inc. has announced the release of OperationsBridge 3.0, a solution designed to help financial institutions and managed service providers to optimize their ATM operations through a highly configurable platform. According to a press release, OperationsBridge 3.0 delivers...

IADs outpacing FIs in rate of ATM fleet expansion

Independent ATM deployers accounted for 1 in 6 ATMs worldwide at the end of 2016. Eighty percent of these are located in five markets — the U.S., Japan, South Korea, Canada and the U.K.

EMV migration survey open to all US ATM operators

The ATM Industry Association has launched a new survey to gauge the progress of EMV migration in the U.S. The 2018 survey is the fourth in a series that began in 2014. The 2018 ATMIA EMV Migration Survey is open to all ATM operators, owners and acquirers — independents and financial institutions alike.

States want safe harbor for FIs serving legal cannabis industry

A bipartisan group of state attorneys general is urging Congressional leaders to enact legislation that would allow marijuana dispensaries to participate in the U.S. banking system. In a letter, AGs from Alaska, California, Colorado, Hawaii, North Dakota and the District...

Cennox acquires UK-based ATM installer, security provider Acketts

Banking solutions provider Cennox has completed its acquisition of Acketts Group Ltd., a U.K.-based ATM installation and security business, for an undisclosed sum. A press release from Cennox said that the acquisition continues to build on its position as a...

Dolphin Debit adds 5 FIs to ATM management portfolio

Dolphin Debit, a full-service ATM management company, has been tapped to provide services for five financial institutions — including four credit unions and one community bank — in the South Central U.S. A company press release said that the institutions...

Parties told to 'engage constructively' to preserve free-to-use ATMs in UK

British MP Nicky Morgan, chair of the governments Treasury Committee, has written to Link chairman Mark Boleat urging parties involved in the dispute over ATM interchange fees "engage constructively" to arrive at a solution that preserves the nation's free-to-use ATM...

PAI wins Business of the Year award

Payment Alliance International, the nation's largest privately held ATM provider, has been named 2017 Business of the Year by Louisville Business First, a local business journal in Louisville, Kentucky. According to a press release, PAI won honors in the "very...

Cardtronics UK says Link fee cut would force ATM fleet reductions, surcharges

If the U.K.'s Link ATM network proceeds with a plan to reduce fees paid by banks for off-us transactions, the nation's largest ATM provider, Cardtronics U.K., will have to downsize its current fleet of 20,000 cash machines currently operating across...

Discount for Cash program a win for consumers, merchants, IADs

FlatRatePay, a division of GivePay Commerce, has introduced Discount for Cash, a merchant processing program that eliminates credit card fees paid by the merchant. According to a press release, the FlatRatePay.com point-of-sale solution leverages new card rules from MasterCard and...

TMG expands into advisory services for credit card portfolios

Credit card agent issuer TMG Financial Services has announced that it will create an advisory services product suite to offer credit card teams at financial institutions an "extra set of hands," according to a company press release. "The firm was...

Dolphin Debit named ATM fleet manager for Houston FCU

Harris County Federal Credit Union, a 66-year-old institution with 17,700 members and $158 million in assets, has selected Dolphin Debit to provide outsourced management of its ATMs. According to a press release, Dolphin Debit has been handling ATMs for Harris...

Cardtronics names new CFO

Cardtronics PLC has announced the appointment of Gary W. Ferrera as chief financial officer, effective Nov.

10 ways to find funds for digital transformation

According to the 2017 CEO survey by Gartner Inc., 42 percent of CEOs are now taking a digital-first view to business change. Without question, digital business transformation requires significant investment; in a recent press release, the research and advisory firm...

Five Star Bank joins Allpoint Network

Warsaw, New York-based Five Star Bank, a subsidiary of Financial Institutions Inc., has partnered with Allpoint Network to give customers access to 55,000 surcharge-free ATMs worldwide. ATMs in the network are available at merchant locations within the Five Star branch...

PAI intros mobile app to aid ATM servicing, management

ATM provider Payment Alliance International has released its PAI Mobile app. The new mobile app gives IADs and ATM owners greater control over their machines with anytime, anywhere capabilities delivered via smartphone or tablet. PAI Mobile provides real-time ATM operating...

MVP brings on supply chain director

MVP Financial Equipment Corp., a California-based refurbishment, service and parts distribution company, has announced the hiring of Jay T. Patterson as director of supply chain development and support. In his new role, Patterson is responsible for enhancing the ATM part,...

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