Central banks form group to explore digital currencies

January 21, 2020

A group of central banks, including the Bank of Canada, Bank of Japan, Bank of England, the European Central Bank, the Sveriges Riksbank and the Swiss National…

UK convenience store group urges LINK to cancel fee cut amid crisis in cash access

December 31, 2019

The U.K.'s  Association of Convenience Stores is urging LINK, the entity that controls that country's ATM network, to cancel its next planned fee cut in order…

Lebanon ATMs running dry as country faces liquidity crisis

by Amy Castor — Editor, Networld Media Group

November 27, 2019

Despite a recent promise by the head of Lebanon's banker's syndicate that ATMs would be stocked with cash, citizens are complaining that cash machines are…

How open banking enables the digital economy

Open banking represents a huge opportunity for financial institutions. By creating ecosystems to develop new customer propositions and generate new revenue…

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Banks in Philippines blame cap on fees for dwindling number of ATMs in country

by Amy Castor — Editor, Networld Media Group

November 25, 2019

Last week, the central bank of the Philippines threw out a proposal to cap ATM fees, saying that the cap could lead to a further reduction in the number of…

IRS monitoring bitcoin ATM activity, looking into compliance

November 18, 2019

As bitcoin ATMs proliferate in the U.S. and beyond, so too does concern over their regulatory compliance.

Head of Lebanon's banker's syndicate: 'ATMs will be stocked with cash'

November 12, 2019

Anti-government protest in Lebanon, which began Oct. 17, are causing a cash crisis in the country as banks have been closed and ATMs have been running dry.  

USAA claims $200M victory in remote deposit patent suit against Wells Fargo

November 7, 2019

USAA announced that it was awarded $200 million in a U.S. District Court jury trial in Marshall, Texas, involving a patent infringement case over Wells Fargo…

Chime, Varo, Grasshopper executives say digital banks see continued growth

Digital bank executives from Chime, Varo and Grasshopper told attendees at this year's annual Money 20/20 conference that they see continued growth in the…

UK at tipping point, says Access to Cash Review chair

by Amy Castor — Editor, Networld Media Group

As digital payments grow in popularity in the U.K., the systems that support cash are starting to erode. Natalie Ceeney, chair of Access to Cash Review, warns…

UK's Link launches 'free ATM' fund

October 2, 2019

Link, operator of the U.K. cash machine network, today launched a 1 million pounds ($1.2 million) fund that communities can apply to if they believe their area…

Bankers suggest time lag between ATM withdrawals in New Dehli

August 28, 2019

As a way to combat ATM fraud in New Delhi, the Delhi State Level Bankers' Committee proposed several measures, including a 6-12 hour gap between cash…

Reserve Bank of India clarifies free ATM transactions

August 16, 2019

In a relief to ATM users across the country, India's central bank has clarified the rules governing free ATM transactions.  

Philippine's central bank to ATM operators: 'Keep fees reasonable'

August 5, 2019

The Bangko Sentral ng Pilipinas has reminded banks in the country to adhere to the "principles of reasonable and market-based pricing" for ATM fees. 

NYS leads 25 state AGs opposing CFPB changes to bank overdraft rules

July 2, 2019

A coalition of 25 state Attorneys General led by New York State AG Letitia James have written a joint letter to the Consumer Financial Protection Bureau…

Podcast: Eliminating the need to update ATM hardware in Windows migrations

Aravinda Korala, CEO of Kal, an ATM software firm, discusses how ATM operators can avoid the added costs of replacing motherboards when upgrading to Windows 10.

Too many ATMs spoil the view in Croatia's ancient city

June 25, 2019

Dubrovnik rests on the Adriatic sea in southern Croatia. The ancient city, known for its Gothic, Renaissance and Baroque churches, monasteries, palaces and…

ATM charges may drop in India, RBI sets up committee to review current rates

June 11, 2019

ATM use is on the rise in India, where cash is in demand.

Will Vancouver ban bitcoin ATMs?

June 6, 2019

Known to some as "ideal money-laundering vehicles," bitcoin ATMs may soon be banned in Vancouver, Canada, if Mayor Kennedy Stewart has anything to say about it.

Paysafe study shows consumers still favor passwords over biometics

June 4, 2019

Paysafe Group issued a new report showing a majority of consumers feared that the switch to biometrics would expose them to a greater risk of identity theft…