Accenture data analytics utility aims to help small, medium-size FIs manage risk

April 3, 2018

A new cloud-based data analytics utility from Accenture promises to help U.S. banks perform risk-management and other activities more efficiently and…

Brazil caps debit interchange, considers cap for credit

March 30, 2018

Brazil has announced a cap on debit card fees paid by merchants to card issuers, cutting the revenue banks collect for transactions by as much as 40 percent.

India alleges 'irregularities' in tax reporting by banks, ATM providers

March 29, 2018

The Economic Times of India has reported that the government's revenue department intelligence unit is investigating alleged collusion between certain banks…

Could bitcoin and blockchain blow up banking as we know it?

Major banks have already begun to invest in promising blockchain projects, and distributed ledger technology now seems poised to disrupt retail banking in an…

ATM Marketplace: February Top 5

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Diebold Nixdorf and NCR Corp. held earnings calls in February, but there wasn't much to love in the companies' revenue reports. Those were our top two stories…

Bill would set card purchase minimums at $10 in NYC

February 19, 2018

A pair of New York City Councilmen want to make it illegal for businesses to set credit card minimum purchase amounts above $10.

X9, PCI SSC collaboration aims to unify PIN security standards

February 16, 2018

The Accredited Standards Committee X9 Inc. and the PCI Security Standards Council have announced a joint initiative to create one unified PIN security standard…

Town Hall touches on ATM industry pain points, future plans

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The "town hall" meeting has become a highlight of the annual ATMIA US Conference, encapsulating industry-wide happenings in a tidy 60-minute package. As usual…

Shyft to develop blockchain-based KYC-AML network

February 14, 2018

Shyft, a provider of KYC-AML infrastructure, has announced an open and unified blockchain framework for the standardization of regulatory, compliance and due…

Sticks and carrots: Why a plan to redistribute ATMs in the UK is bound to fail

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Penalizing independent ATM deployers in the U.K. for having "too many" ATMs in urban areas is possibly the least compelling way imaginable to persuade them to…

Credit card purchases of crypto assets out of bounds, big banks say

February 6, 2018

The two largest U.S. banks, JPMorgan Chase and Bank of America, have announced that they will no longer allow cryptocurrency purchases on credit cards they…

China scrutinizes activity at Hong Kong ATMs after surge in withdrawals

February 2, 2018

When the Chinese territory of Macau implemented facial recognition technology at ATMs to discourage money laundering and the flight of cash from China…

What a washing machine trade war might mean for ATMs

by atm Atom — blogger, atmatom

What would it mean to ATM deployers in the United States if the Trump administration's "America First" policy were to extend beyond new tariffs on Korean-made…

PCI SSC unveils PIN-on-glass security standard

January 26, 2018

The PCI Security Standards Council has issued a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices such as smartphones…

Supreme injustice?

by atm Atom — blogger, atmatom

The U.S. Supreme Court will decide whether online merchants must collect taxes on out-of-state sales. The nationwide implementation of such a rule would…

Anonymo promises 'quick and effective' solution for GDPR compliance

January 18, 2018

With the May deadline for Europe's General Data Protection Regulation approaching, Swiss software provider SandSIV has debuted anonymo, a standalone tool for…

States want safe harbor for FIs serving legal cannabis industry

January 18, 2018

A bipartisan group of state attorneys general is urging Congressional leaders to enact legislation that would allow marijuana dispensaries to participate in…

China caps overseas ATM withdrawals at $15K per year

January 2, 2018

China has tightened its grip on stemming the outflow of money from the world's second largest economy by placing a $15,000 annual limit on overseas ATM…

Nearly 1 in 5 foreign bank ATMs shuttered in India

January 2, 2018

Foreign bank ATM numbers have declined 18 percent in India over the last three years, according to the Financial Express.

India's ATM industry seeks higher interchange fees

January 2, 2018

The ATM industry in India wants the central bank to raise the interchange fee for ATM transactions on account of the increased costs of running the channel…