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Regulation / Legislation News & Media

Indian Finance Ministry asks banks to joint source ATMs to decrease costs, reach unbanked

September 11, 2011

According to the Hindu Business Line, the Indian Finance Ministry has asked public sector banks to figure out the logistics of joint sourcing ATMs between…

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Alan Walsh on bulk deposit automation then and now

Wincor Nixdorf's executive VP of banking discusses the technology's evolution.

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Q&A: The EPC push for standardized ATM cash cassettes, part 2

by Kim Williams — Reporter, NetWorld Alliance

Diebold discusses its stance on the standardization issue.

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Aptus chooses Solvport to handle its ATM ADA upgrades

August 31, 2011

ATM provider Aptus Inc., or Aptus Financial, announced today it has partnered with Solvport to provide ADA upgrades to its network of ATMs.

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Q&A: The EPC push for standardized ATM cash cassettes, part 1

by Kim Williams — Reporter, NetWorld Alliance

EPC chairman discusses the benefits, costs, timelines and more.

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Shazam offers dual-message PIN transactions and EMV card support

August 22, 2011

The Shazam EFT network has announced the creation of a dual-message PIN product, and plans to expand its support of EMV. The product will use a dual-message…

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State Bank of Pakistan to begin surprise ATM inspections

August 15, 2011

The International News reports that the State Bank of Pakistan will carry out surprise inspections of ATMs installed at various places across the country to…

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Nautilus Hyosung agrees to pay $200,000 criminal fine for obstruction of justice

August 15, 2011

According to a Department of Justice announcement released yesterday, Nautilus Hyosung Holdings Inc. has agreed to plead guilty and pay a $200,000 criminal…

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ATMIA U.S. Defense Fund protects interests of ATM industry

by Alicia Ridley — General Manager, ATMequipment.com

Due to major and unexpected shifts in our economy and ongoing legislative developments, the past couple of years have resulted in an increase in…

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Surcharge sticker fee lawsuits cropping up across several states

August 9, 2011

The Credit Union Times reports that there are 44 lawsuits across 14 states against credit unions and community banks over alleged ATM compliance violations as…

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Six biggest challenges facing IADs and operators today

Increased competition, expenses and compliance issues pose significant obstacles.  

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Level Four: ATM voice guidance testing software will be available by January 2012

August 8, 2011

Level Four Software today announced that its BRIDGE test product will be available by January 2012 to enable financial institutions and ATM deployers to…

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ATMIA and Tremont Capital Group publish ADA guide

August 3, 2011

The ATM Industry Association (ATMIA), a global non-profit trade association, and Tremont Capital Group, a consulting firm specializing in the ATM industry…

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Visa introduces new network participation fee

August 1, 2011

According to Reuters, Visa Inc.'s Chief Executive Joseph Saunders, in a conference call with analysts, said the payment processor would introduce a network…

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Triton and ATMGurus offer Fair Trade Program to assist in ADA compliance

ATM Central owner says the program is working well for his company so far.

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Bribery scandal halts £5 polymer banknotes printing deal

July 27, 2011

According to The Age, the Bank of England has cancelled a secret order to print £5 banknotes on polymer material supplied by Securency International, a Reserve…

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Quebec's proposed money-services industry regulations elicit strong reactions

by Kim Williams — Reporter, NetWorld Alliance

The Act will require ATM operators to pay licensing fees.

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New Nigerian banking policy aimed at reducing money laundering, transaction costs to customers

July 24, 2011

Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), on July 21 discussed the rationale behind the new banking policy in the country aimed at reducing…

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Recent demand letters regarding Massachusetts surcharge stickers and receipts

by Sam Ditzion — CEO, Tremont Capital Group

Dear Independent ATM Deployers (IADs):

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