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Regulation / Legislation News & Media

RI unemployment debit card fees hit a nerve

February 21, 2012

Citizens of Rhode Island are beginning to ask questions about fees charged for use of unemployment debit cards, a news story by the Worcester Telegram…

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WLAs in India will face hurdles

February 20, 2012

The Reserve Bank of India last week said it would allow private operators to set up white-label ATMs. But, said a news story at mydigitalfc.com, this will not…

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PULSE launches Debit Regulations Resource Center

February 20, 2012

Discover Financial Services debit/ATM network, PULSE, has launched a new online Debit Regulations Resource Center, the company announced in a press release.

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ATM Marketplace, ATMIA publish 2012 ATM Future Trends Report

February 20, 2012

The first report of its kind in three years contains the results of a survey conducted in collaboration with ATMIA.

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Aloha Pacific outsources debit processing and ATM servicing

February 17, 2012

Aloha Pacific FCU is expanding its relationship with CO-OP Financial Services to include debit processing and ATM terminal driving services, according to a…

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RBI issues guidelines for white label ATMs

February 16, 2012

In a bid to accelerate the growth and range of ATMs, the Reserve Bank of India this week issued draft guidelines for permitting non-banking entities to set up…

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Pakistan searches banks in suspected fee fixing conspiracy

February 16, 2012

The Competition Commission of Pakistan this week conducted a search and inspection of the Pakistan Banks’ Association in Karachi to collect proof of the…

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RBI expands banking to include white label ATMs

February 15, 2012

The Reserve Bank of India this week said that it will allow non-banking institutions to set up, own and operate ATMs, according to a news story at…

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Sticker Shock: ATM industry attacks fee-notice rule

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Fee-notice stickers on machines are a redundancy that may do more harm than good, industry says.

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Indian banks win permission to advertise on ATMs

February 13, 2012

Banks with a large network of ATMs will now be permitted by the Indian finance ministry to use their ATMs to generate additional revenue by advertising…

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NACS petitions Congress for ATM placard reprieve

February 10, 2012

NACS, has joined with a coalition of other financial entities to ask Congress to modify a law requiring redundant ATM signage that has prompted numerous…

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ABA calls for increased CFPB accountability

February 9, 2012

The Consumer Financial Protection Bureau was the subject of American Bankers Association testimony yesterday before the House Subcommittee on Financial…

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India says yes at last to third-party ATMs

February 8, 2012

The Reserve Bank of India has agreed to banks’ demand to allow companies set up third-party ATM networks, according to a news story at indianexpress.com.

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ATM operator sued for failing to post surcharge notice

February 7, 2012

A plaintiff has filed a class action suit against an east Texas ATM operator for not posting notice of a surcharge fee on or at the ATM, according to a news…

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Europe exchange rate regs may be in the cards

February 1, 2012

Expectations are mounting for near-term regulatory action from the European Commission concerning interchange rates for debit and credit transactions…

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New Jersey legislature moves to stop repeat ATM fees

February 1, 2012

A New Jersey Assembly panel released a bill this week intended to ensure that citizens are not forced to pay "repeated unfair ATM charges," said a news story…

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ADA: How are ATM deployers preparing?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As the deadline looms, owners and operators should beware the Ides of March

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New Hampshire considering a cap on card fees

January 27, 2012

The New Hampshire legislature is debating a bill that would limit credit and debit card fees to 1 percent for state-charted banks, according to a report by New…

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Antitrust case looms for Visa, MasterCard and big banks

January 23, 2012

A comprehensive report at thestreet.com describes private antitrust litigation pitting some five million retailers against Visa, MasterCard and 13 large banks…

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Siri's functionality may some day extend to ATMs

January 20, 2012

The patent office has made public Apple's patent for its iPhone bot, revealing some of the company's plans for Siri's future, according to a report at the…

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