The 3 things India needs to go cashless

Demonetization in India is a policy of extraordinary scope and ambition, combining advanced solutions in identity, mobile and payments to revolutionize…

Macau suspends China UnionPay card use at non-KYC ATMs

July 4, 2017

Starting July 4, the Monetary Authority of Macao is requesting that ATMs without Know Your Customer technology suspend cash withdrawal services for mainland…

KAL launches open banking technology ahead of Europe’s PSD2 initiative

KAL, a world-leading provider of banking software, is delighted to announce the launch of its new open banking technology designed to help banks get ready for…

Reintroduced Operation Chokepoint bill gets props from CUNA

June 20, 2017

CUNA has sent a letter to Congress voicing support for a bill that would rein in Operation Chokepoint, a government initiative intended to allow banks to shut…

Canadian authorities crack down on operators of unlicensed ATMs

June 16, 2017

The Autorité des marchés financiers, the regulatory and oversight body for Québec's financial sector, has filed penal proceedings in the judicial districts of…

Supreme Court decision curtails 'court shopping' by patent trolls

June 16, 2017

A recent decision by the U.S. Supreme Court could put an end to the practice of shopping for a friendly court by complainants in patent cases.

Philippines central bank takes steps to prompt completion of EMV migration for ATMs

June 14, 2017

Bangko Sentral ng Pilipinas, the central bank of the Philippines, has announced that banks whose ATMs are not EMV-enabled will be required to set aside funds…

Diebold gets a win — though not quite a victory — in its ATM patent battle

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Diebold Nixdorf got the ruling they sought against Hyosung in their petition to the ITC, but it won't stop the import to the US of a single Hyosung ATM or…

An 'ATM lobby'?: Semantics stymie plans for fully automated branch

June 8, 2017

A snag in plans to open an automated bank branch in downtown Minneapolis is providing insight into issues FIs might encounter as they seek to transform their…

ATMIA recaps latest member advocacy efforts

June 6, 2017

The ATM Industry Association has released a summary of its recent advocacy activities, including a letter to the Trump administration.

Banamex to forfeit $97M for 'willful' AML failures

June 6, 2017

The Justice Department's Criminal Division recently announced that Los Angeles-based Banamex USA, a subsidiary of Citigroup Inc., has agreed to forfeit $97.4…

Authorities deny report of facial ID mandate for Hong Kong ATMs

June 2, 2017

In early May, the government of Macau announced that ATMs in the territory must be equipped with facial recognition and ID-reading technology.

No relief for NAC in ATM access fee lawsuit

May 30, 2017

This week, a D.C. federal court denied a motion by the National ATM Council to enjoin Visa and MasterCard from enforcing ATM fee rules over the companies…

Feds seize ATM from St. Louis area convenience store

May 30, 2017

In what appeared to be part of a larger drug and money-laundering investigation, U.S. Treasury agents and local law enforcement officers in Alton, Illinois…

Is the UK losing cash access?

by atm Atom — blogger, atmatom

Taxes on ATMs and disputes among ATM providers are creating uncertainty about free access to cash by British citizens — especially those in small communities…

House drops Durbin repeal; retailers ring up a win

May 24, 2017

The U.S. House of Representatives has dropped wording that would have repealed the controversial Durbin Amendment of the Dodd-Frank Wall Street Financial…

In AML push, Macau mandates facial recognition at ATMs

May 12, 2017

The government of Macau has announced that ATMs in the territory must be equipped with facial recognition and ID-reading technology, which China UnionPay…

Aussie gaming clubs sidestep ATM limits with eftpos cash-outs

May 12, 2017

Macau isn't the only place with a gambling problem. Authorities in the Australian capital of Canberra are also wrestling with issues at "pokies," that is…

ATM fee flub comes back to bite India's biggest FI

May 11, 2017

A new and poorly communicated schedule of ATM fees unleashed a torrent of outrage this week against the State Bank of India. The bank, India's largest…

UK competition authority takes issue with Cardtronics-Direct Cash merger

May 5, 2017

The purchase by Cardtronics PLC of its U.K.-based rival Direct Cash Payments faces an in-depth phase 2 merger investigation unless the company can address CMA…