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Regulation / Legislation News & Media

ATM bomber in Africa gets 20 years

November 24, 2008

The (Pietermaritzburg, South Africa) Witness: A High Court in South Africa has sentenced a convicted ATM bomber to 20 years in prison. Mzwakhe Gule, 44, was…

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ATM in Scotland spits out 'free' cash

November 13, 2008

Finextra: According to local newspaper The Chorley Guardian, ATM users queued along that town center's high street last week after word spread about a…

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AmEx on its way to becoming bank holding company

November 10, 2008

Reuters: American Express says it's gotten the Federal Reserve's approval to become a bank holding company, in a step that could cut its borrowing costs and…

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Aron Ralston to deliver keynote address at ATMIA conference

November 4, 2008

BILOXI, Miss. — At its 10th ATM Conference and Expo, formerly known as ATMIA Conference East, the ATM Industry Association will host motivational speaker Aron…

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Wincor Nixdorf reports record sales year for ATM, banking solutions

November 4, 2008

PADERBORN, Germany — Wincor Nixdorf AG says the 2007/2008 fiscal year was a financially record-setting year, despite the economic challenges affecting…

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TowerGroup says British banking biz will be divided by recapitalization

November 3, 2008

NEEDHAM, Mass. — New research from TowerGroup suggests that the government's injection of £50 billion ($80 billion USD) into the banking industry in the…

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Economic pressures mean big ATM change

by Tracy Kitten — Editor, AMC

The ATM and payments industry and a new way of doing business.

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Hacker gets nabbed for selling helpful hints about using ATM skimmers

October 29, 2008

SC Magazine: A Turkish hacker known as "Chao" has been arrested by the FBI for his underground forum, DarkMarket, for which Chao produced his own training…

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Washington government offices install Triton ATMs

October 28, 2008

PORTLAND, Ore. — Peregrin Financial Technologies, an ATM supplier in the Northwest United States, has installed ATMs at 13 Washington State Department of…

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Recession: What about the ATM?

Bank mergers, credit crunches and the ATM industry?

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Citigroup looking for opportunistic acquisitions

October 21, 2008

The Irish Times: Citigroup intends to use the harsh climate in the financial markets to seek out opportunistic acquisitions, according to Citigroup chief…

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Fiserv and CAPITAL Card Services announce partnership

October 21, 2008

BROOKFIELD, Wis. — Fiserv Inc., a provider of information technology services to the financial industry, has announced a technology partnership between Fiserv…

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Wells Fargo shares go up after Wachovia buy, Citi reports loss

October 16, 2008

According to recent news reports from Reuters and The Associate Press, the market's financial instability has led to an improved outlook for one banking giant…

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Discover settles anti-competitive suit with Visa, MasterCard

October 14, 2008

MarketWatch: Discover Financial Services has settled a 2004 lawsuit against Visa Inc. and Mastercard Inc. over anti-competitive rules that Discover claims…

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ATM skimmers now come with built-in SMS notification

October 8, 2008

ZDNet: How can ATM scammers minimize the risk of getting caught by eliminating the need to go back to the crime scene? A recently uncovered serial manufacturer…

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ATM business owner dies in moped crash

October 7, 2008

Honolulu Advertiser: DeWayne McKinney, who made millions in Hawaii after spending nearly two decades in a California prison for a murder he didn't commit, died…

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Disabled man sues Tesco over PIN requirement

October 7, 2008

Mail Online: A man is threatening to take Tesco to court after being refused the right to pay for goods using a credit-card signature. Tim Arnold, 47, suffers…

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Aussie ATM owners urged to increase fee disclosure

October 7, 2008

The Age: The Australian Securities and Investments Commission has recommended that owners of ATMs bolster disclosure on ATM fees and charges, including…

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VIDEO: Ram raids to card fraud, ATM experts talk about security initiatives

by Tracy Kitten — Editor, AMC

September 30, 2008

Industry executives, solution deployers and law enforcement met in Houston last month during the ATM Industry Association's Payments Fraud in the Americas…

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Acal ATM Parts unveils anti-skimming device

September 29, 2008

SURREY, England — ATM Parts Co. Ltd., a division of Acal's Parts Services group, has launched a second-generation antiskimming device designed to curb ATM-card…

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