Visa/MasterCard swipe-fee settlement wins preliminary approval

November 19, 2012

Overriding objections from an impressive array of major retailers and trade associations, a federal judge granted preliminary approval earlier this month to a…

CSR patents its PCI ToolKit process

November 14, 2012

CSR, a provider of data privacy solutions, recently announced that it has been granted U.S. Patent No. 8,296,244 by the U.S. Patent Office and Trademark Office…

ATTUS beefs up WatchDOG EFT fraud claims solution

November 14, 2012

ATTUS Technologies Inc., a regulatory compliance solutions provider and a division of Computer Services Inc., has introduced enhancements to its EFT fraud…

ATM groups speak out against proposed Visa/MasterCard settlement

Vague terminology in the proposed settlement has some in the ATM industry worried about future misinterpretation.

More ADA lawsuits land on court dockets

November 2, 2012

Lawsuits stemming from the new ADA guidelines for ATMs continue to mount. Most recently, 19 FIs have been sued by a blind Texas woman for allegedly failing to…

The top 5 things we learned from ADA: ATMs are not toasters.

by Corey King — Sales, American Bank Equipment

On its surface, ADA was presented in such a way as to make you think you could just install a cheap audio jack, slap on some Braille keyboard stickers, turn…

Hong Kong officials spur ATM deployers to support chip-and-PIN

October 25, 2012

China Daily reported that the Hong Kong Monetary Authority is pushing the country's banking industry to adopt chip-based technology to secure ATMs, and that…

PCI Council clarifies terms used ATM security guidelines

October 22, 2012

In response to a request from the ATM Industry Association, the PCI Council has confirmed that its new ATM security guidelines are intended to be best…

NCR subpoenaed in whistleblower case

October 22, 2012

A whistleblower case alleging improper business practices by NCR Corp. in Africa, China and the Middle East is moving forward. During an earnings call last…

Nigeria's cashless policy not living up to expectations

October 8, 2012

Nigeria's "cash-less" policy is lagging behind the government's early expectations, according to Bismark J. Rewane, managing director of Nigeria-based Fiscal…

Merchants, Fed, FIs offer oral arguments on interchange

October 3, 2012

Merchants and FIs continue to duke out their differences in court over the Durbin amendment interchange fee cap. Yesterday FIs, retailers and the Fed presented…

Excerpt: ATM Compliance Handbook 2013

From EMV and ADA to the CFPB, the list of regulations and requirements for ATM owners is long and growing.

The Durbin Amendment: 1 year later

October 1, 2012

A year to the day after the implementation of the Durbin Amendment to the Dodd-Frank Wallstreet Reform Act, the loser from the fee-regulating legislation…

ATMIA publishes best practices for prevention of money-laundering at ATMs

September 28, 2012

The ATM Industry Association publishing department has been very, very busy lately. Hot on the heels of publications covering contactless ATM best…

CFPB to host webinar on new remittance rules

September 27, 2012

The remittance rule, created by the Dodd-Frank Act to improve the transparency of international remittance fees, takes effect on Feb. 7, 2013. To help those…

Is a contactless ATM inevitable?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Bank of America seems to think so; the FI has filed a patent application for a 'Contactless Automated Teller Machine.'

Calif. businesses get relief from predatory ADA lawsuits

September 20, 2012

California governor Jerry Brown said Wednesday that he had signed into law SB1186, which will protect business owners in the state from frivolous lawsuits…

EFTA to host emerging payments conference

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The Electronic Funds Transfer Association is extending an invitation to ATM industry members to attend "The Future of Emerging Payments: a Pre-Election…

Judge hears both sides in NAC v. Visa antitrust suit

DC judge hears motion-to-dismiss arguments in IADs' exchange fee-fixing lawsuit.

Swipe fee settlement far from settled

September 11, 2012

The National Retail Federation today announced that its board of directors has authorized the federation to go to court to block the $7.25 billion proposed…