ATMs, electronic benefits ... and the long arm of the law

State legislatures are imposing increasingly restrictive rules on welfare recipients — and are expecting ATM operators to police them.

After 6 months, India's ATM withdrawal limits show mixed results

July 20, 2015

The central bank seems to have been correct in saying that the new regs would not adversely affect banks ... but the story could be different for consumers.

New video provides easy-to-follow overview of US common debit AID

July 14, 2015

The video explains how US common debit AIDs facilitate debit transactions and ensure compliance with the Durbin Amendment.

Why is cash still king? Crime, Europol suggests

July 14, 2015

Cash is slowly falling out of favor with consumers, but is still a preferred method for laundering ill-gained profits, the European law enforcement…

Aussie Senate to investigate 'infuriating' ATM fees

June 30, 2015

Members of Australia's Labor and Greens parties called for banks to justify the 'pure profit' they make by charging off-us fees.

FIS opens Center for Regulatory Intelligence in DC

June 26, 2015

​The center will provide insight on regulatory changes in order to help financial services clients stay compliant with new regulations, the company says.

Kansas pols pass quick fix for controversial ATM cash limit law

June 16, 2015

Under threat of federal intervention, the state backtracked on a $25 daily limit for ATM cash withdrawals made with prepaid EBT cards.

Fed to explain reasoning behind Durbin interchange fee calculation

June 12, 2015

US District Court Judge Richard Leon expressed pessimism that 'everyone could be happy' with the promised guidance.

Lawmakers take an interest in electronic payments

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Both branches of Congress have formed bipartisan caucuses focused on payment technologies and data security in the US.

Banco de Chile taps Wincor Nixdorf for 500 extra-secure ATMs

June 11, 2015

The new units comply with a government mandate that calls for the replacement of every ATM in Chile with a more physically secure device by 2018.

ATM lottery tix nixed in Minnesota

June 11, 2015

By an overwhelming majority, the Minnesota legislature last month passed a law banning the sale of lottery tickets at ATMs and fuel pumps.

Final BitLicense rules released

June 4, 2015

New York has released the final version of BitLicense, solidifying the regulatory framework in the state.

Minimize Threats with a Private Wireless Leased Line

Although wireless connectivity is increasingly being used to transmit personal and cardholder data, moving that data across the public internet can pose a host…

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ATM cash limit for TANF recipients puts Kansas crosswise with Fed

May 21, 2015

The legislature will have shot itself in the foot if a daily ATM cash limit of $25 for welfare recipients costs the state $102 million in annual block grants.

USPO review invalidates 'abstract' check imaging patent

Whether this is great news or just 'sort of good news' to companies paying royalties to DataTreasury might depend on their licensing or settlement terms.

CFPB ropes payment processors into lawsuit against bogus debt collectors

April 10, 2015

The suit claims that the payment processors 'knew, or should have known, that the debt collectors were engaged in unlawful conduct.'

'Am I my cardholder's keeper?'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Should ATM providers answer for the poor judgment of end users? A federal case in Oregon could hold the answer.

Kansas legislature caps TANF daily ATM cash withdrawals at $25

April 8, 2015

Apparently, legislators forgot that most ATMs dispense banknotes in multiples of 20 or 10, making the effective limit for most needy families $20.

Fee-free ATMs on the rise in the UK

April 6, 2015

A government program that allows tax relief to business owners who offer fee-free ATMs appears to be working.

Do EMV upgrades trigger ADA review?

IADs whose ATMs were not up to ADA standards as of March 15, 2012, might want to review their portfolio before simply buying EMV upgrade kits for existing…