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Regulation / Legislation News & Media

FIs lobby to repeal ATM fee signs

June 19, 2012

The lobbying effort against the fee placard goes on — and seems to be having the intended affect.

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Ninety-three days of ADA

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Three months on, many in the ATM industry are still scrambling to get in line with new ADA regulations.

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S Korea makes a move to foil phishing scams

June 13, 2012

South Korea's top financial regulator, the Financial Supervisory Service, said Monday that the country would implement a delay in the availability of wired…

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Investor pub puts Vantiv on its shopping list

June 12, 2012

Debit and credit processor Vantiv was singled out recently by an investment publication as a company that investors would do well to watch.

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EU officials discuss limiting ATM withdrawals

June 12, 2012

European finance officials have discussed limiting the size of ATM withdrawals, imposing border checks and introducing euro zone capital controls should Athens…

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ATM placard bill set for House mark up

June 11, 2012

House bill H.R.4367 — the national legislation that would remove the risk of frivolous lawsuits against the financial industry by removing the physical fee…

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California group protests state senate's ADA bill

June 5, 2012

Just last week, the California Senate unanimously passed SB 1186, which would ban attorneys from sending "demand for money" letters to businesses for alleged…

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CNB lifting of offsite ban good news for ATM distributor

June 1, 2012

NCR Nigeria Plc should benefit from a recent reversal of the Central Bank of Nigeria policy that had prohibited banks from adding offsite ATMs.

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Visa feels the impact of new regulations

June 1, 2012

Dodd Frank Act regulations on debit card fees have hit Visa in the wallet. This week the company reported a three percent decline in payments volume through…

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Bill targeting ADA lawsuits passes Calif. Senate

May 31, 2012

The California legislature is continuing to work toward a solution to abusive ADA lawsuits.

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Nigeria's cashless policy gets rough start

May 29, 2012

Almost two months after implementation of the Central Bank of Nigeria's cashless policy in Lagos, most Lagosians are less than happy with the project.

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CFPB announces proposed rulemaking for prepaid reloadable cards

Watchdog bureau will seek public comment on consumer safeguards.

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ATM fees under fire by SA watchdog group

May 21, 2012

ATM fee disclosure — or rather, the lack of it — has drawn the ire of a South African consumer advocacy group.

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ATM fee placard bill introduced in U.S. Senate

May 21, 2012

U.S. Sen. Mike Johanns, R-Neb., last week introduced Senate bill S.3204, a measure that would eliminate the ATM fee placard notification requirement.

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Nigeria's cashless policy makes progress with deployment of 9,000 ATMs

May 10, 2012

The governor of the Central Bank of Nigeria said Wednesday that the country's cashless economic policy has seen some success since it went into a limited…

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The Benefits of Outsourcing ADA Compliance

Using an ATM provider can minimize the potential for lawsuits and save time and money.

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Banks in Vietnam get okay on ATM transaction fees

May 7, 2012

After years of refusals, Vietnam's State Bank has okayed ATM fee collection, despite strong public opposition. Commercial banks in the country have long said…

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Visually-challenged Indian youths demand ATM cards

May 2, 2012

Visually challenged youths in India took to the streets of Bhubaneswar on Monday to protest banks' denial of ATM cards to them because of their disability.

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'ATM Security' guide addresses threats, solutions

Free publication reviews security challenges, strategies for the ATM industry.

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ADA lawsuits sting Pittsburgh-area banks

April 24, 2012

A little more than a month after new Americans with Disabilities Act guidelines for ATMs took effect, the lawsuits are beginning to roll in.

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