Oral arguments in Durbin ruling appeal set for Jan. 17

November 15, 2013

In mid-January 2014, the Fed and merchants will square off in front of three judges from the U.S. Court of Appeals for the District of Columbia Circuit. The…

A manufacturer's dilemma

by atm Atom — blogger, atmatom

Editor's note: Remember the "I Love Lucy" episode (#39) that had Lucy and Ethel working on a candy factory production line wrapping chocolates? If so, you'll…

Bitcoin called to testify before Senate committee

November 12, 2013

A Bitcoin Foundation board member will testify about the future of virtual currencies in a Nov. 18 hearing by the Senate Homeland Security & Governmental…

Arkansas bank beats EFTA suit

November 12, 2013

A lawsuit against Arkansas-based Union Bank & Trust of Monticello over a missing ATM fee placard was dismissed by a U.S. District Court last week. 

Revised PCI regs to go live on Jan. 1, 2014

November 11, 2013

The PCI Security Standards Council, an open, global forum for the development of payment card security standards, has published version 3.0 of the PCI Data…

The end of 'trolling' for dollars at the ATM?

November 1, 2013

Legislation introduced in the house on Oct. 25 might eventually bring relief to FIs and ATM industry vendors that have been plagued by baseless "patent…

The Fed's view on cash

"We spend $1.2 billion a year on cash," said Dan Littman of the Federal Reserve (at the ATM & Mobile Executive Summit.) "We'd like to see cash decline in an…

Spotlight on the ATM: regulations, innovations and prognostications

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A Q&A panel discussion sheds light on the ATM industry issues that keep deployers up at night.

Diebold settles patent suit against ATM refurb company

October 28, 2013

Diebold, Inc., has reached a settlement in a patent lawsuit it filed in February in the U.S. District Court for the Northern District of Ohio. According to a…

Diebold settles bribery allegation case for $48M

October 25, 2013

This week, Diebold Inc. reached a settlement with the U.S. Securities and Exchange Commission and the U.S. Justice Department over a 3-year-old case alleging…

Deciphering the Durbin debit ruling

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A look at what's next after the U.S. District Court decision that put a stick in the wheel of EMV at the ATM.

Fed appeals swipe fee ruling

by Terry Dooley — SVP & CIO, ITS, Inc

In late August, the U.S. Federal Reserve appealed Judge Richard Leon’s decision to reject the agency's cap on debit card transaction fees, a requirement of the…

Almost all Kenyan ATMs now EMV compliant

October 24, 2013

According to the Kenya Bankers Association, 96 percent of Kenya's ATMs have migrated to the EMV standard.

Stockholm set for largest Bitcoin conference

October 23, 2013

The Stockholm School of Economics will host a conference to discuss the future of Bitcoin, and with 250 people reportedly signed up, it could be Scandinavia's…

Bitcoin prices rebound after Silk Road closure

October 21, 2013

The digital peer-to-peer currency Bitcoin has seen its price bounce back after a market crash in April. The price on Mt. Gox, the largest exchange, hit $197.4…

Regulatory issues on Washington's radar

Panelists at the ATM & Mobile Executive Summit take on issues attracting attention within the Washington beltway. 

ATM & Mobile Executive Summit 2013: the Durbin dilemma

Just when the U.S. payments industry was getting close to a common solution to its unusual quandary of how to enable network choice for EMV transactions, along…

ATM & Mobile Executive Summit 2013: FTC regulations

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Malini Mithal of the FTC's Bureau of Consumer Protection discusses potential regulation in mobile payments.

ATMIA invited to Fed meeting on chip standards

October 7, 2013

The ATM Industry Association has been asked to participate in an invitation-only conference on "Integrated Chip Payment Standards: The Next Generation," an…

ATM & Mobile Executive Summit: Thoughts from the president

by Tom Harper

The premise of last week's Summit was that the ATM, a 50 year-old technology, is converging fast and furiously with mobile.