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Regulation / Legislation News & Media

Will UK banks break the ATM LINK?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Can the UK's LINK ATM network survive if a large part of the population isn't allowed to use it?

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Indian IADs look to PE firms to bankroll expansion

September 7, 2012

Following the Reserve Bank of India's decision to allow white-label ATMs to operate in the country, IADs in India are scrambling to secure financing to expand…

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IADs take The Hill

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A delegation of IADs descends on D.C. to bend lawmakers' ears on ATM industry issues.

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Entry of foreign players into Chinese cards market will be painfully slow

by Dominic Hirsch — manager, Retail Banking Research

Visa and MasterCard will be pleased that the WTO ruling on July 16 broadly supported a U.S. Trade Representative complaint that China UnionPay holds a monopoly…

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RBI ends ATM cash retraction in response to fraud

September 4, 2012

India's ATM users may need to pay closer attention to their ATM transactions from now on. In response to a National Payments Corporation of India's request…

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Visa falls down on promise to make ATMs fully accessible during Paralympics

September 4, 2012

Visa is once again under fire for its ATM policies at London's Olympic venues. First it was the dust-up over a Wembley Stadium POS failure during the Olympics.

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Dodd-Frank prompts cross-border payments upgrades at Earthport

August 22, 2012

The London-based global financial services provider Earthport has announced plans to enhance its cross-border payments service to address stipulations in…

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ATM run likely due to bank strike in India

August 22, 2012

India's banking public braced for limited cash access as employees of both public and private sector banks staged a two-day strike, starting today.

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5 things we learned from ADA: What ATM brand am I?

by Corey King — Sales, American Bank Equipment

Looking back before the March 15, 2012 deadline, I can see there are so many things that ADA taught us — some things about ourselves, some about our companies…

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Study: Debit is growing despite new regs

FIs focus on "cash displacement" transactions to make up fee losses.

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Fiserv claims #1 rating in compliance monitoring, control

August 16, 2012

Financial services technology provider Fiserv Inc. announced that Operational Risk & Regulation magazine has ranked it first in the category of Compliance…

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Wash. axes fee on EBT withdrawals

August 16, 2012

Washington State welfare recipients will no longer have to pay an 85 cent fee when they use their benefits card to take out cash at the ATM.

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After 8-year hiatus, Burmese ATM system still catching up

August 16, 2012

Since repowering its ATMs, which were shut down from 2003-2011, Myanmar is continuing its efforts to bring its network up to 21st century standards. The latest…

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NCR sheds doubt on whistleblower allegations

August 16, 2012

The day after the Wall Street Journal posted an article revealing that a tipster had alleged violations of the Foreign Corrupt Practices Act at a number of NCR…

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Taiwan considering use of local ATM cards in China

August 15, 2012

Taiwanese visitors to China may soon be able to use ATM cards issued at home to withdraw Chinese yuan from cash machines on the mainland.

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NCR investigating alleged FCPA violations

August 14, 2012

NCR Corp. is looking into claims by an anonymous tipster that employees in China and the Middle East were involved in actions that may violate provisions of…

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NCUA says VTMs can sub for FCU service facilities

August 13, 2012

The National Credit Union Administration has said that video teller ATMs may be used as a substitute for branch facilities in certain cases.

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Vietnam's small banks not paying their share for ATMs, major banks say

August 13, 2012

Last week, Vietnam's central bank announced that it would allow banks to begin charging fees on internal ATM transactions starting in 2013. But the country's…

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India's poorest can now get ATM cards

August 13, 2012

A directive from India's central bank means that FIs must offer ATM-enabled accounts with no minimum balance requirements to the country's poorest citizens.

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China's UnionPay issues more than half of all new payment cards

August 9, 2012

In 2011, the number of payment cards worldwide rose 12 percent to 8.9 billion. More than half of this increase was attributable to growth in China, where card…

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