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Regulation / Legislation News & Media

Federal court dismisses fee placard suit

August 9, 2012

A federal court in New York has dismissed a fee placard law suit described as "cookie cutter."

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Vietnam state bank to allow ATM fees

August 8, 2012

A policy change by the State Bank of Vietnam means that, for the first time, commercial banks and financial institutions will be permitted to collect fees on…

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New regs give Canadians faster access to deposits

August 3, 2012

New Canadian banking regulations that came into force on Aug. 1, 2012, mean that customers who deposit a check in person with a federally regulated financial…

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Fed finalizes debit card interchange rule

August 2, 2012

The Federal Reserve Board on Friday announced the approval of a final rule that amends the provisions in Regulation II (Debit Card Interchange Fees and…

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India's ATM industry is banking on the unbanked

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The up-and-coming nation has ambitious plans for improving its current ATM-to-citizen ratio of 1:13,333.

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Jahoda ADA lawsuits: 8 down, 12 to go

July 27, 2012

Eight ADA civil suits lodged against Pittsburgh-area banks by serial filer Robert Jahoda have now been settled. That leaves a dozen still pending.

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Is fee placard legislation headed off the rails? (CORRECTION)

July 25, 2012

7/26/2012, 8:53 a.m. CDT — Correction to paragraph five: Senator Al Franken's office contacted ATM Marketplace this morning to clarify that the senator…

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How the Visa/MasterCard antitrust settlement might affect the ATM industry

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

It's all over but the sniping. But what will the ATM industry get out of the settlement, if anything?

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Senate readying fee placard bill

July 19, 2012

Following approval of a House version last week, the Senate is now working toward final wording on its own bill to eliminate the duplicative and…

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Viet Nam state bank to investigate ATM fee hikes

July 19, 2012

The State Bank of Viet Nam said it will launch an investigation into ATM fees after recent hikes on both foreign and on-us transactions by many commercial…

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Fee placard settlement pays $100 each to Indy ATM users

July 18, 2012

Fans of the minor league Indianapolis Indians may have what amounts to a free night at the ballpark coming to them if they used the Victory Field ATMs between…

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U.S. court of appeals rules in ATM antitrust suit

July 12, 2012

On Thursday, the 9th U.S. Circuit Court of appeals upheld a judgment against plaintiffs who had sought to bring a class action civil suit against a number of…

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Global Cash Access named in serial plaintiffs' fee placard suits

July 10, 2012

Last week, complainants filed three fee placard-related lawsuits in U.S. District Court involving Las Vegas-based casino ATM operator Global Cash Access Inc.

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Fee placard bill passes easily in House vote

July 9, 2012

In a Monday evening vote, H.R. 4367: To amend the Electronic Fund Transfer Act to limit the fee disclosure requirement for an automatic teller machine to the…

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House to vote today on fee placard legislation

July 9, 2012

Today, the U.S. House of Representatives will consider H.R. 4367, which seeks to eliminate the Regulation E requirement that ATMs provide a physical fee notice…

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Banks in Pakistan fined in ATM fee-setting scheme

July 6, 2012

Pakistan's anti-trust commission this week imposed fines totalling Rs770 million ($8,190,644) on 1-Link Company and 28 of its member banks for colluding on…

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Court certifies class action in ATM case

June 29, 2012

The class action suit against Hope Community Credit Union in Jackson, Miss., is moving forward after a federal court in Tennessee on Tuesday certified the…

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When managed services just make sense

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Outsourcing its ATM fleet lets a mid-sized credit union focus on what matters most: members.

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Legislative proposal would mandate ATM donation option

June 27, 2012

Lawmakers in Wyoming are considering a proposal requiring all ATMs in the state to give the user the option to make a donation to Wyoming's parks and historic…

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ATM fee placard bill headed for House vote; compliance still crucial

June 27, 2012

H.R. 4367, a bill that would do away with the physical fee placard notice currently required on ATM machines, was unanimously approved by the House Financial…

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