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Regulation / Legislation News & Media

CBN bans monthly ATM 'card maintenance' fees

April 2, 2013

Acting in response to public outrage, the Central Bank of Nigeria has decreed that banks will not be permitted to collect an N100 (63 cents) monthly ATM card…

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RBI limits use of ATM, credit cards outside of India

April 1, 2013

In an attempt to stem rising credit card fraud, the Reserve Bank of India has asked banks in the country to issue debit and credit cards for domestic use…

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50 shades of ADA

One year after implementation of new ADA guidelines, ATM deployers are in varying states of compliance.

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Cyprus tightens ATM controls

March 27, 2013

As Cyprus banks prepare to reopen Thursday at midday, the country's finance ministry is implementing measures designed to prevent a massive outflow from…

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Commentary: Who's really calling the shots on ADA for the ATM industry?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A Massachusetts district court judge's order against Cardtronics should have the entire ATM industry up in arms.

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In Cyprus, ATM withdrawals limited, 'bitcoin ATM' plan in the works

March 25, 2013

Two of the largest banks in Cyprus have cut their ATM withdrawal limits from €260 ($336) to €100 ($129). The step was taken in order to prevent a run on…

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ATMs a lifeline as Cyprus bailout woes continue

March 22, 2013

The European Central Bank has given Cyprus until Monday, March 25, to pull together $6 billion in earnest money needed to secure emergency liquidity aid from…

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NY considers abandoning ATM fee sticker law

March 21, 2013

Now that Congress has passed EFTA Reg E reform, New York is deciding whether to "be a part of it," you might say. State Assemblywoman Annette Robinson…

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Virtual currency exchanges get real rules

March 20, 2013

The playing field for U.S. legal tender and virtual currencies has just been levelled a bit.

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Bangladesh central bank promises easing of ATM install regs

March 18, 2013

Following complaints that its recent tightening of procedures for setting up ATMs was hindering the speed of installations, Bangladesh Bank has promised to…

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Law firm known for EFTA litigation files new ADA suit

March 15, 2013

Now that EFTA lawsuit filings are a thing of the past, will ADA lawsuit filings take their place? A class action lawsuit filed two weeks ago in Atlanta might…

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Fed will leave swipe fee cap as is

March 6, 2013

Whatever changes Rep. Spencer Bachus, R-Ala., thinks the Durbin Amendment swipe fee cap might need, the Federal Reserve seems perfectly content with it as is.

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3 key factors that will shape the future health of European ATM Industry

by Flora Hamilton — European Manager, ATMIA

Here in Europe we are eagerly awaiting the review of the European Union's 2007 Directive on "Payment Services in the Internal Market" and the regulation on…

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ADA and the ATM Brand

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

The ADA requirements deadline for ATMs has long since passed, but many financial institutions have yet to make the upgrades to all of their machines. Some 5…

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Cordray nominated to head CFPB as states challenge bureau's constitutionality

February 18, 2013

As President Obama officially submitted Richard Cordray's renomination as director of the CFPB to Congress on Friday, eight states joined a suit challenging…

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Hallelujah, the ATMs are back on!

February 14, 2013

ATM services were restored this week in Vatican City. The machines were shut down on Dec. 31 by an Italian government irritated by the Vatican Bank's failure…

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8 more states thinking about merchant surcharge ban

February 4, 2013

Ten states have already prohibited merchants from charging a fee at the POS. Now eight more are thinking about joining the list.

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Agency cracks down on VIP treatment at Saudi ATMs

January 31, 2013

Saudi banks that have been allowing prominent customers to withdraw ATM funds in excess of the regulated daily limit have come under the watchful eye of…

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Hong Kong banks to require user activation for overseas ATM card use

January 28, 2013

The Hong Kong Special Administrative Region government this week issued a new regulatory notice on behalf of the Hong Kong Monetary Authority: Effective March…

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8 reasons why you should be at ATMIA US 2013

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Eight is just a start. There's really no counting the benefits of attending the ATM industry's biggest annual event.

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