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Regulation / Legislation News & Media

ATM income spikes at India's state bank after regulatory change

June 27, 2016

In 2015, India's banks implored the country's central bank to allow them to charge higher fees for the use of their ATMs, which were swimming in red ink.

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Two legal points of view underscore ATM patent uncertainty

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In legal matters, 'it ain't over 'til it's over' ... and even then you can't be too sure.

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How device intelligence can help FIs improve mobile banking security

In April, the FFIEC released updated security guidelines for mobile banking and payments. Here are a few key points for FIs to address as they work to ensure…

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China opens to foreign card brands, promises fair play with UnionPay

June 14, 2016

China has issued new rules that could finally give the major card brands their long-sought foot in the door to an $8.4 trillion (and growing) card market.

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'Inventive concept'? An ATM patent suit tests the abstract idea standard

A Nevada district court ruled an ATM patent invalid on the basis that its concept was 'fundamental economic practice long prevalent in our system of commerce.'

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Retailers to FTC: PCI DSS part of an 'anticompetitive scheme'

June 7, 2016

In the ongoing saga that is the National Retail Federation vs. the major credit card networks, NRF has asked the Federal Trade Commission to investigate the…

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ATMIA update details efforts to throttle Operation Choke Point

June 3, 2016

The ATM Industry Association has released "Operation Choke Point: An ATM Industry Update." The report examines the impact to independent ATM deployers of the…

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ATM Marketplace: Most-read features for May

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As fast as May zoomed by, it would come as no surprise if you missed an ATM Marketplace feature or two. We've collected our top five articles here in one place…

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Durbin goes after the card networks again; this time over EMV

'EMVCo standards have been technologically inadequate and their implementation has caused chaos in the U.S. market ... ' With these words, the senator from…

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EMV at the ATM: The race to compliance

This report is intended to educate U.S.-based ATM deployers about the EMV migration process.

Presented by Triton

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Retailers seek further Fed action to lower debit swipe fees

March 28, 2016

In a letter to the Federal Reserve, the National Retail Federation argued that 24 cents per transaction is still 'substantially higher' than Congress…

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Sweden's central bank calls for restraint in dash to cashlessness

March 18, 2016

Riksbank cites 'a high risk' that cash will disappear before alternative means of payment have become widespread, causing financial harm to some Swedish…

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ABA council urges cooperation on secure payments system

March 14, 2016

The ABA Card Policy Council has called for all consumer-facing industries to implement 'strong, consistent safeguards to stop the loss of private information…

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US merchants applaud Canadian proposal to cut card fees

March 4, 2016

The group points to similar reforms in the European Union and Australia and says the same should happen in the U.S.

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NAC seeks injunction in MasterCard, Visa antitrust suit

February 24, 2016

A motion from the National ATM Council seeks the immediate elimination of Visa and MasterCard ATM access fee rules in the US.

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ATMIA encourages legislators to rein in Operation Choke Point

February 9, 2016

In meetings on Capitol Hill, industry representatives spoke about the misuse of the anti-money laundering law, and the onerous burden that would accompany…

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2016 in the ATM industry: For Europe, a year of heavy lifting

by Ron Delnevo — Chairman, Cash and Card World

The ATM industry has some big items on its 2016 to-do list, but ATMIA Europe Executive Director Ron Delnevo says his organization is fit for the job.

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PCI SSC pushes back SSL-to-TLS migration deadline

December 29, 2015

The PCI Security Standards Council says it was necessary to extend the migration window due to 'a lot of business issues.'

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ECB takes issue with Ireland's new tax on ATM withdrawals

December 11, 2015

The ECB is concerned that the move "may set a precedent for the possible future taxation on the channels to access euro banknotes."

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Hillary Clinton condemns 'usurious' ATM fees

November 2, 2015

However, her offhand comments last week fall well short of legislative efforts by her Democratic rival Bernie Sanders to impose government limits on 'ripoff…

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