Euronet weathers India's ATM woes, keeps revenue growth going

IAD and electronic payments provider Euronet Worldwide Inc. reported first quarter 2017 financial results on Tuesday. Despite a 17 percent decline in EFT revenues resulting largely from the cash shortage at ATMs in India following demonetization of 1,000 rupee and...

Texas FCU completes outsourcing of ATM fleet to Dolphin Debit

Following the expiration of its contract with another ATM provider, Sabine Federal Credit Union of Orange, Texas, has outsourced ownership and operation of the fifth and final ATM in its fleet to Dolphin Debit. Sabine FCI, a $180 million institution...

Australian IAD Stargroup reports stellar earnings for fiscal Q3

This week, Aussie IAD Stargroup announced its 13th consecutive quarter of record-setting revenues in an earnings report for fiscal Q3 2016–2017. Revenues for quarter shot up 133 percent year over year and 296 percent year-to-date for the fiscal year, according...

Totally Eclipse: Arizona IAD is exclusive provider of ATMs for Final Four festivities

College basketball fans attending the NCAA Final Four in Phoenix over the next several days won't have to go far to get cash. Visitors can score all the crisp bank notes they need for beer, food and souvenirs at more...

Cardtronics to offer $300M in senior notes

Cardtronics PLC has announced that Cardtronics, Inc. and Cardtronics USA Inc., intend to offer $300 million in senior notes due 2025 for sale to eligible purchasers in a private offering. Cardtronics intends to use the net proceeds from the sale,...

Retail ATMs are again fraudsters' favorite target, FICO data finds

FICO reported Wednesday that the number of compromised card readers at U.S. ATMs, restaurants and merchants monitored by the Silicon Valley firm rose 30 percent between 2015 and 2016. The number of compromised payment cards ballooned as well, growing 70...

Scotiabank, Cardtronics extend ATM branding agreement at 7-Eleven Canada stores

Cardtronics and The Bank of Nova Scotia have agreed to a long-term renewal of their ATM branding relationship in Canada. The agreement extends fee-free cash access to Scotiabank customers at more than 640 bank-branded ATMs at 7-Eleven stores across Canada.

Comic Relief UK offers ATM users a little funny with their money

Cardtronics and its subsidiary, i-design, a developer of multimedia promotional campaigns for ATMs, are supporting Comic Relief, one of Britain's largest annual charity fundraising efforts, with interactive comedy on ATM screens across the U.K. The goal of the promotion is...

Australia's Stargroup reports ATM news, good and bad

Australia's Stargroup Ltd. recently announced that NeoICP Korea Inc., a private South Korean ATM manufacturer in which Stargroup owns an 11.28 percent interest, has issued a strong half-year earnings report. According to a press release, NeoICP gross revenues for the...

Euronet angles to outbid Ant in MoneyGram acquisition

Euronet Worldwide Inc. has made a proposal to acquire MoneyGram International Inc.

Co-op, FCTI ink ATM network agreement for US 7-Eleven stores

A new, multiyear agreement between Co-op Financial Services and FCTI Inc. ensures that approximately 8,000 ATMs in 7-Eleven stores nationwide will remain in the Co-op ATM network when FCTI replaces Cardtronics as the chain's exclusive U.S.

Worldpay, Planet Payment partner to launch DCC at ATMs

Planet Payment Inc., a provider of international transaction services, and Worldpay US, a provider of payments processing technology, are partnering to launch Planet Payment Dynamic Currency Conversion at 70,000 ATMs in the U.S. Dynamic Currency Conversion allows international travelers to...

Investor buy-in gives Canadian IAD a running start

Gunpowder Capital Corp., a Toronto-based merchant bank and advisory services firm, has acquired a 12.5 percent equity interest in JIT Financial Inc., a company serving Canada's ATM industry. JIT will get off the ground with the acquisition of 550 ATMs...

Cummins Allison ATM line EMV-certified with major US processors

Cummins Allison, a provider of ATMs in addition to coin, currency and check processing technology, has completed EMV certification for all of its ATMs with processors that include Columbus Data Services; Co-op; Elan Financial Services; FIS; First Data; Fiserv; Jack...

Euronet reports double-digit growth for Q4, full year 2016

E-payments provider Euronet Worldwide Inc. held its first earnings call of 2017 last week, reporting both 2016 full-year financial results and consolidated results for Q4 2016 compared with the same period in 2015. Results for Q4 were as follows: revenues...

Allsup's deal adds 300 new ATM placements to Cardtronics portfolio

Cardtronics is expanding its portfolio of convenience store ATMs as the exclusive provider of ATM services for the New Mexico-based Allsup's chain, according to a press release. Cardtronics will place 300 company-owned and operated ATMs at Allsup's convenience stores in...

MorphisOnline aims to level ATM management playing field for small IADs

Morphis Inc., a provider of workflow automation software for the ATM and currency supply chain industry, has created a cloud-based version of its ATM management system for small independent ATM deployers. The software is intended to offer an affordable, easy-to-use...

Cord Financial Services acquires continental US assets from Sky Processing

Cord Financial Services, a provider of ATM solutions, has purchased the continental U.S. ATM assets of Sky Processing, according to a press release. Chicago-based Sky will retain its ATM business in Puerto Rico. Kenneth Gilbert, president at Cord, said the...

Cardtronics plants a flag in South Africa with Spark ATM acquisition

Cardtronics PLC has closed on its acquisition of Spark ATM Systems Proprietary Ltd., a move that marks the ATM giant's entry into the South African market. Cape Town-based Spark ATM is a fast-growing privately held IAD with a network of...

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