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Regulation / Legislation News & Media

ATMs and the unbanked: an emerging convergence

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Un- and underbanked Americans pay $45 billion a year in fees; the ATM industry is figuring out how to claim its share.

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Commentary: EFTA legislation is great. ADA legislation is better.

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

 A House bill to kill the ATM placard notice is pending. But the larger issue is a legal system that panders to greed.

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Indian banks get approval for ATM ads

April 16, 2012

The Indian Finance Ministry now allows banks to advertise on ATM screens, said an article at thehindubusinessline.com. Ads may promote only the banks own…

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Mass. lawmakers seek to end EBT cash withdrawals

April 12, 2012

The push to ban cash withdrawals using Electronic Benefits Transfer cards continues to heat up, fueled by a convicted Boston drug dealer's attempt to use his…

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Vietnamese banks want on-us transactions fees

April 11, 2012

In its quest to achieve ATM profitability, the Vietnam Bank Card Association will ask the State Bank of Vietnam for permission to collect fees on ATM on-us…

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Australian group calls for end to ATM fees in remote areas

April 10, 2012

Aboriginal people pay up to 20 percent of their income in ATM fees, according to a 2010 report by Financial Couselling Australia. Now the group is calling for…

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Report: In SEC filings, banks put numbers to Durbin losses

April 6, 2012

A report from Charlottesville-based SNL Financial provided some initial insight into the cost of The Durbin amendment to U.S. banks in the 2011 fourth quarter.

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Nigerians question country's readiness to go cash-free

April 3, 2012

Nigeria implemented the pilot for its cashless policy Monday in Lagos, the country's largest city. According to a report at momentng.com, the result was…

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Consumers Union calls for CFPB rules on prepaid fees

April 2, 2012

Consumers Union, the policy and advocacy arm of Consumer reports is recommending that the Consumer Financial Protection Bureau take action to require clearer…

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Senator Feinstein decries ADA 'shakedown' suits

March 28, 2012

At least one U.S. senator is paying attention to the proliferation of predatory ADA lawsuits. An article at law.com reported that Senator Dianne Feinstein (D…

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Indian banks pushed to reduce debit fees

March 27, 2012

U.S. ATM operators have company: The Reserve Bank of India is pressuring banks in that country to lower fees on debit card transactions, according to a news…

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Wash. State seeks to kill ATM fee on welfare card withdrawals

March 26, 2012

Clashes over ATM fees on public benefits debit cards continue. A news report by NPR affiliate KPLU in Seattle said that Washington State currently is…

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CUNA files amicus brief in debit interchange case

March 19, 2012

CUNA, the Credit Union National Association, has filed an amicus brief in a lawsuit brought by merchants against Federal Reserve rules that set a debit…

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Half of ATMs don't meet new ADA rules

March 19, 2012

With the March 15 deadline now past, the Fort Lauderdale, Fla. Sun Sentinel is reporting that roughly half of all ATMs in the U.S. do not comply with new ADA…

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ATMIA US 2012: ADA fix for many Nautilus Hyosung ATMs

ATMPartMart.com used the ATMIA US 2012 Conference to showcase an ADA speech solution so simple, even the CEO's 4-year-old could install it. The aftermarket…

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Wyoming might kill ATM fee cap

March 9, 2012

Wyoming is the only state in the nation that caps automated teller machine fees by law, but it may lose that distinction soon, said an article in the Billings…

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ATMIA: ATM Future Trends Report 2012

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Conference presentation condenses 'ideas, data and nuggets of intelligence' about the direction of the ATM industry.

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Now’s the time to hit the ground running (aka, My New Year’s resolutions are wavering a bit)

by Daniel Swain — VP/GM, ATMGurus

Okay folks, March is just around the corner and — can you believe it? — we will soon be through the first quarter of 2012. Yikes.

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CFPB official will address industry at ATM conference

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Providers are edgy about the Consumer Financial Protection Bureau. Here's why things may not be so bad for them after all.

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RBI nod on WLAs will not affect bank's ATM plans

February 22, 2012

India's HDFC Bank does not intend to change its plans to roll out more ATMs even though competition for users may be set to increase, said an article today at…

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