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Regulation / Legislation News & Media

China set to open up to Taiwanese ATM cards

December 27, 2013

ATM cards from Taiwanese banks soon will operate on ATMs in China, according to WantChinaTimes.com:

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Who the FTC sued for fraudulent carrier billing and mobile cramming

Malini Mithal of the FTC recounts recent lawsuits the agency won against fraudulent payment companies. (From the ATM & Mobile Executive Summit)

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FTC cases against mobile app developers

In her keynote address at the ATM & Mobile Executive Summit, Malini Mithal of the FTC talks about lawsuits against Path, W3 Innovations and Filquarian…

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Tips on data security from the FTC

Malini Mithal of the FTC highlights several best practices on mobile data security. (From a keynote address at the ATM & Mobile Executive Summit) 

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European Banking Authority issues virtual currency warning

December 26, 2013

The European Banking Authority has issued a warning about the unregulated nature of virtual currencies such as Bitcoin, and the risk to consumers of buying…

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Death of cards, increasing regulation to drive ATM/mobile trend

Peter Shortall of MasterCard Advisors makes an unusual prediction on the fate of plastic and how it will play into the convergence of mobile phones and ATMs.

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NCR and Navy FCU's mobile strategy slowed down by compliance

ADA, EMV, Windows 7 and a slew of other mandates have impeded the flow of products, services and other "customer delighters" from hitting the market. (Panel…

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The time frame for new ATM/mobile standards and regulation

As world governments study the risks inherent in ATM/mobile convergence, is inevitable regulatory activity gathering on the horizon? (Panel discussion at the…

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ATMIA seeks repeal of Tennessee ATM statute

December 17, 2013

The ATM Industry Association is in discussions with regulators and legislators in Tennessee in an effort to repeal Tennessee Statute 45-2-619. The law requires…

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Windows 7 migration: Clearing the smoke

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Webinar clears up the facts about options for migrating ATMs to the new Windows 7 operating system - or not.

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NRF expresses disappointment over swipe fee settlement

December 16, 2013

The National Retail Federation has issued the following statement from Senior Vice President and General Counsel Mallory Duncan in response to U.S. District…

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Judge approves MasterCard, Visa swipe fee settlement

December 13, 2013

A federal judge today approved a settlement in the class action suit between merchants and card networks Visa and MasterCard over alleged fixing of merchant…

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Financial crime-fighting software to the rescue

December 9, 2013

Technology provider Fiserv Inc. has updated its financial crime risk management platform to meet the needs of financial industry professionals whose task is to…

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Fed files reply in interchange case

December 6, 2013

The Federal Reserve Board met its Dec. 4 deadline for filing its reply to merchants' arguments against the agency's implementation of the Dodd-Frank-imposed…

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TSS successfully integrates EPP7

December 6, 2013

Trusted Security Solutions Inc., a provider of secure ATM key management solutions, says it has performed successful end-to-end remote key loading and testing…

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Chinese Central Bank bans banks from Bitcoin transactions

December 5, 2013

The People's Bank of China has ruled that Bitcoin is not a proper currency and has barred Chinese banks from handling it, Finextra reports.

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A Bitcoin ATM for Boston?

November 25, 2013

Following the world's first permanent Bitcoin ATM deployment last month in Vancouver, Canada, word is out that Boston might soon follow as the site of the…

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House focuses on CFPB, patent troll bills in markup session

November 21, 2013

Members of the U.S. House of Representatives got down to work yesterday on an assortment of bills whose outcomes could affect the nation's ATM industry. One…

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Study: Global trends in interchange regulation

November 21, 2013

Around the world, legislators and regulators are taking aim at interchange fees, trying to reduce or cap the amount that FIs and global card networks can…

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UK slaps merchants, FIs with new tax for hosted ATMs

November 19, 2013

The U.K.'s Valuation Office Agency, the entity that assesses business rates for the nation, has determined that ATMs hosted by stores on behalf of external…

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