Regulation / Legislation News & Media
The ATM industry: Bound for ... where?
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Industry experts fielded questions at PayThink 2014 in a session dedicated to sussing out the future of the ATM.
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Study: The divergent paths of digital currency regulation
October 21, 2014
Authorities globally have taken a wide variety of positions on the regulation of digital currency, making it hard for payment industry players to provide…
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Obama executive order calls for 'BuySecure' initiative
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward…
read nowUS gov't to introduce EMV for EBT cards
October 16, 2014
Following on high-profile data breaches originating at POS terminals, the Obama Administration is reportedly taking measures to ensure the security of…
read nowATM fee foe sues central bank
October 16, 2014
A rights activist is petitioning Nigeria's federal court to rescind an order that reversed a 2012 ban on foreign fees.
read nowNew York issues emergency rule on ATM safety compliance reporting
October 13, 2014
The emergency rule precedes planned amendments that will require semiannual reporting of security compliance at institutions' ATM facilities.
read nowNew best practices guide tackles ATM software security threats
October 9, 2014
The new ATMIA manual advises deployers on security governance; software operational policies; threats to ATM networks; payments security and more.
read nowCU24, MasterCard ink EMV licensing deal
October 8, 2014
The agreement allows CU24 to route EMV card transactions bearing the MasterCard U.S. common application identifier over its payments network.
read nowNew Jersey bill seeks restrictions for ATM balance inquiry fees
October 6, 2014
The bill would impose a penalty of $1K per day for failing to disclose the fee in a prominent on-screen notice and allow the consumer to opt out of the…
read nowRussia's Ministry of Finance establishes penalties for virtual currency
October 3, 2014
Russia develops a bill establishing penalties for use and generation of virtual currency such as Bitcoin.
read nowNCR to receive $93M following appeals court win in Fox River cleanup case
October 1, 2014
The court overturned rulings that had held NCR 100 percent liable for cleanup costs related to the production of carbonless copy paper from 1954 to 1972.
read nowATMIA makes a case for changing Reg II routing rules
September 29, 2014
The association contends that competition between payment networks is eroding due to the unintended consequences of the Durbin Amendment.
read nowBangladesh bans Bitcoin
September 19, 2014
Under the country's strict anti-money laundering laws, any cryptocurrency transaction is a punishable offense.
read nowPolice in India say ATM security is still lacking
September 15, 2014
Ten months after a woman was nearly killed by a machete-wielding assailant in Bangalore, many ATMs still lack CCTV cameras and able-bodied watchmen.
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In the US, it's a slow road to faster payments
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Based on its Faster Payments study, the Fed seems to be driving toward an overhaul of the US payments system, but stakeholders prefer a more incremental…
read nowBank of England addresses digital currencies
September 11, 2014
Institution does not believe Bitcoin poses a risk to financial stability in the UK.
read nowFed completes research into payment system improvement
September 8, 2014
A representative from the Fed will present a draft of the forthcoming study in a Town Hall meeting this Thursday at the ATM & Mobile Innovation Summit in…
read nowOregon to allow payment of insurance claims via ATM card
September 4, 2014
The rule requires that the recipient be able to make an initial withdrawal of the entire amount due without delay or cost.
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Why is ATM patent troll ATL selling its stock-in-trade?
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Patent troll ATL is offloading 28 of its ATM patents, as well as a couple more that it has pending. Here's the backstory that might explain why.
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Low-income households pump money into retailer wallets
by Kevin Christensen — Vice President, Audit, SHAZAM
A new research paper by three economists predicts that the little guy will shell out more money as FIs seek relief from the revenue-slashing effects of the…
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