Fintech walks the fine line between innovation, regulation

by Will Hernandez — Editor, NetWorld Media Group

A panel of government and private sector experts at Money 20/20 examined the ongoing issues between regulators and fintech companies.

Gloves off: Diebold and Hyosung spar over ATM patent claims

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

On Monday, Diebold started a fracas by announcing patent infringement actions against Nautilus Hyosung. By Tuesday, it was clear that Hyosung was ready to…

CBN sets out tough terms for ATM owners

September 24, 2015

Detailed new operating guidelines from Nigeria's central bank establish rules for everything from downtime to trash disposal.

False claims of undispensed cash costing ATM owners millions

September 24, 2015

US ATM operators are forking over $20–$25M annually in fraudulent claims — and the perpetrators are getting away scot-free, the ATMIA says.

Federal Reserve Board announces enhancements to ACH service

September 23, 2015

The changes are intended to align the Fed's same-day ACH service with recent amendments to NACHA ACH operating rules.

Bitcoin brings the blockchain, and regulation, to the forefront

by Will Hernandez — Editor, NetWorld Media Group

The annual ATM & Mobile Innovation Summit in Washington, D.C., included discussions about virtual currency and the role it might play in financial services.

Australian IADs seek to lift lid on ATM withdrawals at gaming clubs

August 26, 2015

A group representing the ATM industry says that 65 percent of the money withdrawn from club ATMs isn't even used for gambling.

UK business rates: An unfair tax on ATMs and cash

by Ron Delnevo — Chairman, Cash and Card World

ATMs are the latest victim in the rush to levy more taxes in the UK; the result could be machines removed and communities deprived of convenient access to cash.

Nigeria slashes daily limit for foreign ATM withdrawals

August 20, 2015

Domestic ATM and debit cards are now limited to $300 per day for foreign ATM cash withdrawals, POS transactions and e-commerce purchases.

Preview: 2015 ATM & Mobile Innovation Summit

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Technology offers new ways for consumers to hold, control and spend their money. This summit promises to help execs get their arms around the former and meet…

UK ATM operators face prospect of new taxes

August 13, 2015

Under a new interpretation of an existing law, the government would impose a separate business tax on all third party-operated ATMs within retail shops.

Kansas blinks on $25 ATM withdrawal limit

August 7, 2015

Under pointed questioning from the US Health and Human Services department, Kansas removes ATM withdrawal limits on electronic benefits cards.

SEC closes probe into alleged bribery by NCR execs

August 7, 2015

The US government will take no enforcement action related to 2012 whistleblower allegations of wrongdoing in the company's Middle East and China offices.

IADs to get their day in court in MasterCard, Visa fee-fixing case

August 4, 2015

The U.S. Court of Appeals for the District of Columbia Circuit has overturned a lower court ruling that dismissed class action suits alleging anti-competitive…

Florida lottery exploring ticket sales at ATMs

July 31, 2015

The lottery is also looking at the possibility of propping up lagging sales by adding Internet and gas pump purchases.

Kansas keeps $25 ATM cash limit for welfare benefits cards

July 31, 2015

However, the state has postponed implementation until the US Department of Health and Human Services decides whether it violates federal law.

New RBR report appraises a booming Chinese ATM market

July 31, 2015

A new RBR report profiles the Chinese ATM market, including growth opportunities — and government regulations that disadvantage foreign providers.

Money mules a stubborn problem for ATM operators

Money mules are the "last mile" to launder funds gained from illegal activity — and ATMs are often their first stop.

India considers looser regs on white label ATM investment

July 27, 2015

The motive behind the move is faster integration of India's unbanked millions into the nation's financial system, a report says.

Florida men charged with bitcoin money-laundering

July 23, 2015

The suspects were arrested for their alleged connection with a scheme that sanitized approximately $1.8 million in illegal proceeds over two years.