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...

ATM outsourcing a 'Cinch' for Tennessee CU

Blue Cross Blue Shield of Tennessee Employees Credit Union has implemented the CU24 ATM Cinch program powered by Dolphin Debit, a full-service ATM management company. The 2,800-member, $10.7 million CU found managing ATMs at its two branches was consuming too...

Vantiv partners with CardFlight to offer EMV mPOS

CardFlight, a mobile point-of-sale technology provider, and Vantiv, a provider of payment processing services and related technology products for merchants and financial institutions of all sizes, announced Vantiv will offer the CardFlight SwipeSimple mobile POS product to its merchants. SwipeSimple...

UK Link members to explore ways to keep ATM network viable

Members of Link, the network that connects 70,000 ATMs in the U.K., met on Thursday in an effort to resolve disagreements that threaten the network's surcharge-free operating model. The Link scheme is governed and financially supported by 39 industry organizations...

TD Bank hikes Florida ATM count with branding deal

TD Bank has branded 189 Cardtronics ATMs located in Walgreens stores across the state of Florida, according to a press release. The branded machines, which are located primarily in the Miami and Tampa-St. Petersburg metro areas, increase the bank's ATM...

Cardtronics expands relationships with Walgreens, Citi

Walgreens and Cardtronics have extended and expanded their long-term ATM services agreement, according to a press release from the independent ATM deployer. Cardtronics is the largest single provider of ATM services to the Walgreens family of drugstores, which includes Duane...

PAI to shed merchant services, sharpen focus on ATM processing

Independent ATM operator Payment Alliance International and payment processor Clearent have entered into a definitive agreement under which Clearant will acquire the PAI merchant services division. The PAI merchant services provide processing solutions for businesses, independent sales organizations, agents and...

Erie Community CU, Cummins Allison partner in branch transformation effort

Cummins Allison, a provider of ATMs and coin, currency and check processing technology, is providing ATMs and self-service coin machines to Erie, Pennsylvania-based Erie Community Credit Union as the FI undertakes a branch transformation project. "We're in the midst of...

Cardtronics, Dash In re-up ATM agreement

Cardtronics PLC and Dash In Food Stores Inc., a mid-Atlantic convenience store chain, have renewed their ATM services agreement, extending a relationship established in 2010, according to a press release. As part of the long-term renewal, Cardtronics will continue to...

Cardtronics completes purchase of DC Payments

Cardtronics PLC has completed its previously announced acquisition of DirectCash Payments Inc., a global ATM services provider with primary operations in Australia, Canada and the U.K. A Cardtronics release provided highlights of the company's latest buyout: adds approximately 25,000 ATMs...

Aussie ATM independent logs 12th straight quarter of growth

Australian ATM independent Stargroup Ltd. has announced its 12th consecutive quarter of revenue. A press release from the company included a statement by CEO and executive chairman Todd Zani on the achievement: Our half year ATM revenues were a 218...

Indian ATM independents battered by losses following demonetization

Nonbank ATM operators in India are weighing the idea of asking the government for compensation of losses incurred by its surprise demonetization — two months ago now — of 500 rupee and 1,000 rupee notes. A report by India Times...

PAI expands ATM portfolio through acquisition of hometown IAD

Payment Alliance International, a provider of electronic payment processing solutions, has acquired independent ATM operator Avery Scott LLC. Both companies are based in Louisville, Kentucky. The acquisition adds more than 400 ATM locations in the Louisville metro and surrounding areas...

With no access to cash, Indian IADs forced to idle their ATMs

In the wake of India's demonetization of 500 rupee and 1,000 rupee bank notes, independent ATM deployers are having a hard time getting their hands on cash, according to a report by Economic Times. The report quoted operators of white...

Cardtronics wins 300-ATM contract with United Pacific

Cardtronics has entered a long-term agreement with United Pacific, an independent owner-operator of gas stations and convenience stores in western states including California, Colorado, Oregon and Washington. Cardtronics will be the exclusive provider of ATM services for more than 300...

US-based ATM deployer says India's cash crisis will ding profits

Leawood, Kansas-based ATM deployer Euronet Worldwide Inc. has downgraded its fourth quarter earnings estimates in light of ongoing cash supply shortages in India combined with further strengthening of the U.S. dollar against currencies in many of the countries where it...

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