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Regulation / Legislation News & Media

ATM service to be taxed

February 28, 2006

(Mumbai) Indian Express: More services in India, including ATM operations, are expected to be brought within the service tax net in 2006 or '07. Other services…

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FTC puts CardSystems security breach to rest

February 27, 2006

Digital Transactions: The Federal Trade Commission announced Feb. 23 a proposed settlement with the successor to CardSystems Solutions Inc., the merchant…

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ATM operator Cashbox expected to join AIM of London Stock Exchange

February 27, 2006

LONDON - Cashbox Plc., a United Kingdom-based independent ATM deployer, announced Feb. 27 that it expects to join the AIM market of the London Stock Exchange.

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De La Rue's '04/'05 profit hits $114 million

February 26, 2006

HAMPSHIRE, England - De La Rue Plc., the world's largest commercial security printer and papermaker and a leading provider of cash-handling equipment and…

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HOUSE NOTICE: De La Rue Plc.'s pre-close period trading update

February 26, 2006

Prior to entering the close period for the year ended 25 March 2006, the Board of De La Rue plc issued the following trading update:

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ATM fraudster nabbed in N.Y.

February 26, 2006

New York Post: Accused ID thief and ATM cheat Andrei Potupa, arrested Feb. 16 for his role in a $4 million international identity-theft ring, confessed to cops…

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FDIC schedules hearings for Wal-Mart Bank application

February 26, 2006

WASHINGTON, D.C. - The Federal Deposit Insurance Corp. scheduled four April public hearings to discuss the proposed Wal-Mart Bank application for federal…

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Businessman accused of running ATM sales scam

February 23, 2006

MLive.com: A Grand Rapids, Mich., man who flashed contracts promising high returns associated with ATMs has been charged with three counts of larceny for…

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Fiserv announces shares repurchase

February 23, 2006

BROOKFIELD, Wis. - Fiserv Inc. authorized the repurchase of up to 10 million shares of its common stock, representing 5.6 percent of the total outstanding…

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British authorities issue photo-fits of Securitas depot robber

February 23, 2006

Times Online: Detectives investigating the multimillion pound Securitas depot raid released the first E-fit of one of the suspects involved in the heist.

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B of A nears settlement on money-laundering probe

February 20, 2006

Charlotte Business Journal: Bank of America Corp. is close to settling an investigation of money laundering from South America. Charlotte-based B of A moved…

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Congress wants names of sources in debit card leak

February 19, 2006

The Credit Union Journal: U.S. and international authorities are working closely with private entities to track down what they believe is an international ring…

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Don't wait to roll out audio guidance

February 12, 2006

This article appeared in the ATM & Financial Self-Service Executive Summary, Winter 2006.

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Disputed ATM charges on the rise

February 5, 2006

Newsday: The Co-Op Network has seen ATM fraud balloon since 2003. Chargebacks - credits to customers for disputed charges - increased from 42 percent of…

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Diebold's 4Q, full-year revenue climbs while net income drops

January 30, 2006

NORTH CANTON, Ohio - Diebold Inc. announced Jan. 31 that its fourth-quarter and full-year earnings climbed in 2005 while net income fell. Quarterly revenue hit…

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Lawmaker revives move to regulate ATM fees

January 27, 2006

INQ7: A Filipino congressman has asked the Filipino House of Representatives to look into "extraneously high" ATM transactions charged to depositors without…

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Oberthur tosses wrench in smart-card merger

January 17, 2006

Bank Systems & Technology: Oberthur Card Systems (Paris) may challenge the proposed merger between its smart card rivals Axalto and Gemplus. The company…

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ATM cards used for money laundering

January 12, 2006

United Press International: Prepaid ATM/debit cards are increasingly being used to launder profits from crime out of the United States, a U.S. Treasury…

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Making ATMs accessible: Hesitating on audio guidance is a gamble

by Tracy Kitten — Editor, AMC

Once expected revisions to the ADA guidelines are approved, ATMs must have the ability to talk their users through transactions. Revision proposals were issued…

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BREAKING: O'Dell leaves Diebold, Swidarski named new CEO

December 15, 2005

NORTH CANTON, Ohio - Little more than a month after Diebold Inc. named Thomas W. Swidarski its new president and chief operating officer, company chairman and…

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