CBN overturns fee moratorium for off-us ATM withdrawals

August 25, 2014

Nigeria's apex bank has reversed itself once again as the government tries to realize its vision to become cashless (or, at least, less cash-driven) by 2020.

PCI SSC announces proposed 2015 special interest group projects

August 25, 2014

Security guidance for ATMs is one of several projects proposed for consideration next year by the PCI Security Standards Council.

Big Apple, Big D get Bitcoin ATMs

August 22, 2014

Manhattan got its first Bitcoin ATM this week, as did Dallas. But surprisingly, neither of these mega metro areas is the first in its state to stick a pin in a…

Out in the cold: The ATM industry wants routing choice, too

ATM industry representatives recently made their case to the Fed for inclusion in Reg II, the Durbin Amendment rule that gives merchants a choice of competing…

Patent auction to offer up ATM intellectual property rights package

August 21, 2014

An upcoming intellectual property auction gives bidders the unusual opportunity to become their own ATM patent assertion entity.

CFPB complaint portal will spread rumors, falsehoods about financial services, FSR fears

August 21, 2014

The Financial Services Roundtable has expressed deep concern about a Consumer Financial Protection Bureau plan to post unverified, anonymous complaint…

Retailers petition Supreme Court to review debit fee cap ruling

August 19, 2014

Retailers dispute the appeals court ruling about fee caps, but seem to accept its ruling that one network each for signature and PIN debit is sufficient.

FTC proposed patent troll study gets go-ahead from OMB

August 18, 2014

The commission has congressional authority to collect nonpublic information from patent assertion entities, which will provide a better picture of their…

RBI issues notice of fee structure change for India's ATMs

August 15, 2014

The Indian Banks' Association petitioned for a reduction in the mandated number of free transactions due, it said, to increasing costs to install and operate…

CFPB issues advisory on digital currency risk, invites consumer complaints

August 11, 2014

The CFPB has previously shown an inclination toward rule-making in response to consumer complaints; now it has Bitcoin and other digital currencies in its…

Former FBI executive assistant director to deliver keynote at ATM & Mobile Innovation Summit

August 8, 2014

Shawn Henry, now the president of tech security firm CrowdStrike, will discuss the grim realities of today's hacking environment; his team of security experts…

Bitcoin Foundation puts New York on the spot over BitLicense proposal

August 6, 2014

The foundation proposes an exhaustive cycle of drafts, comment periods, re-drafts, and more comment periods in order to thoroughly vet the proposed regulations.

Interchange fee cuts a hard hit to S African banks' bottom lines

August 5, 2014

They don't go into effect until Jan. 1, but Nedbank has already done the math and found that the reserve bank's new fee structure will cause significant losses…

Repair, Refurb, Trade or Replace Aging ATMs?

The critical points in deciding how to proceed with the older ATMs in your fleet.

Presented by Triton

CFPB study raises new concerns about ATM, debit overdrafts

August 1, 2014

Despite regulatory changes, the agency still frets about overdraft fees, saying they "should not be 'gotchas' when people use their debit cards."

ABA commends House on passage of cybersecurity bills

July 29, 2014

Legislators demonstrated rare bipartisanship, approving a pair of cybersecurity bills of particular interest to the financial services sector.

Russia retracts demand for massive security deposits from Visa, MasterCard

July 25, 2014

The government has dropped its requirement that the companies put up an estimated $2.9 billion in security deposits, but some restrictions still apply.

Judge says retailer fee complaints vs. Visa, MasterCard can move forward

July 25, 2014

A US District Court judge has ruled that retailers who opted out of last year's settlement with Visa and MasterCard over surcharge fees may sue the card…

ATMIA email alerts keep recipients current on legislation, regulations

by David Tente — Executive Director, USA, ATM Industry Association

If "ignorance of the law is no excuse," then using a service that keeps you current on the law is a no-brainer.

Risk management company expands coverage of AML product for cryptocurrencies

July 23, 2014

IdentityMind Global, a provider of risk management and payments products, announced today in a press release the international expansion of its anti-money…