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Regulation / Legislation News & Media

ATM Future Trends 2012 preview: Commentary on EPC initiative to standardize cash storage

Commentators say the provision of an ATM cash cassette standard will decrease maintenance costs.

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Commentary: Card Hub's CEO offers 6 credit predictions for 2012

Papadimitriou says not to expect any more financial reform legislation this year.

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New York man suing Texas credit union over ATM surcharge sticker

January 2, 2012

The Southeast Texas Record yesterday reported that a man from New York has filed a lawsuit against a bank in Orange, Texas, claiming that the bank failed to…

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Nigerian IADs criticize CBN's cashless economy initiative

January 2, 2012

Yesterday marked the beginning of the Central Bank of Nigeria's testing of its cashless economy initiative. Independent ATM deployers in the country are openly…

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ATMmarketplace's top 10 headlines of 2011

ADA, EMV and a woman beating an ATM with a shoe were among the most popular stories of the year.

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Merchants will re-evaluate card acceptance in 2012

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

In the very recent past, some merchants have been hesitant to accept debit and credit cards. Particularly for those retailers working with small-ticket items…

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AMF revises Money-Services Businesses Act

December 15, 2011

The Autorite des Marches Financiers has announced that it will be making adjustments to the proposed regulatory framework for the Money-Services Businesses Act…

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Welcome Green Dot Bank

by Arjan Schutte — Managing Partner, Core Innovation Capital

On Freedom Boulevard in Provo, Utah, nestled between the mountains of Uinta National Forest and Lake Utah is a nice little one-branch bank, pictured above. It…

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NRF, other groups sue Fed over Durbin Amendment

November 27, 2011

According to Bloomberg.com, the Federal Reserve is being sued by retailer groups over interchange fee regulations set forth by the Durbin Amendment, which went…

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ATM antitrust lawsuits against MC/Visa to move forward as one case

November 22, 2011

The Blog of Legal Times reports that separate price-fixing lawsuits filed against payment giants Visa Inc. and MasterCard Inc. by independent ATM operators…

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Ambiguity of ADA compliance guidelines poses challenges for deployers

Some of the standards, such as wheelchair access, are open to interpretation.

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Regulations pose significant challenges for IADs in the coming year

by Kim Williams — Reporter, NetWorld Alliance

Fines, internal costs and downtime are among the potential penalties for noncompliance.

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Two more federal cases filed in Las Vegas against independent ATM operators

November 9, 2011

According to the Las Vegas Review, two more federal cases have been filed against independent ATM operators for allegedly not having ATM surcharge fee…

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Paragon presents ATM voice guidance, EMV solutions at ATM, Debit & Prepaid Forum

November 2, 2011

Paragon Application Systems, a provider of ePayment simulation, configuration and testing solutions to the payment technology industry, is presenting ATM voice…

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Open Solutions CEO pens open letter to FDIC chairman

The CEO asks the chairman to help protect community banks.

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ATMIA, Tremont Capital release Visa/Plus impact on IADs study

November 2, 2011

The ATM Industry Association and Tremont Capital Group, a consulting firm specializing in the ATM industry, have announced the completion of a proprietary…

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Cardtronics CEO offers candid perspective on EMV, interchange fees, cash outlook

by Kim Williams — Reporter, NetWorld Alliance

Rathgaber tells ATM, Debit & Prepaid Forum audience he has no intention of implementing EMV.

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Bank of America cancels monthly debit fee program

November 1, 2011

According to Forbes.com, Bank of America is joining the ranks and eliminating its proposed $5 monthly debit card fee.

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Wells Fargo abandons monthly debit fee pilot program

October 30, 2011

According to Bloomberg.com, Wells Fargo & Co. has abandoned plans to charge a $3 monthly debit card fee after the program was met with customer opposition.

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Las Vegas ATM operators sued over surcharge fee stickers

October 27, 2011

According to the Las Vegas Review-Journal, a Los Angeles-area man spent time in Las Vegas searching for ATMs that didn't display surcharge fee stickers and…

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