When Operation Choke Point was halted and financial institution regulators were directed to pull back on enforcement, the ATM industry thought it could breathe a sigh of relief. Unfortunately, the bank account closures haven't stopped.
The bell has rung on the latest round of the Diebold-Hyosung patent matchup. The contenders have retreated to their corners with gloves raised in victory, but so far the punch stats are pretty close to 50-50.
Demonetization in India is a policy of extraordinary scope and ambition, combining advanced solutions in identity, mobile and payments to revolutionize commerce and financial services across the nation.
Diebold Nixdorf got the ruling they sought against Hyosung in their petition to the ITC, but it won't stop the import to the US of a single Hyosung ATM or affect the operation and servicing of machines already installed.
Taxes on ATMs and disputes among ATM providers are creating uncertainty about free access to cash by British citizens — especially those in small communities that have already seen bank branches pack up and leave.
It seems the only real requirement for election to public office anymore is the complete and utter ignorance of basic economics. The latest poster child has to be Illinois State Rep. Arthur Turner, who has introduced a bill to cap all ATM charges in the state at $1.
In part 3 of our series: Assistive technology for the disabled has become more sophisticated and pervasive in recent years, giving kiosk manufacturers and deployers the ability to better serve an important customer base — and meet ADA requirements.
When new ADA regs were released in 2010, touch screens in self-service devices weren't that much of a thing. They are now, and determining what compliance means for kiosk applications can be a problem, as part 2 of our series on ADA compliance explains.
The ADA specifies in detail how ATMs must accommodate visually impaired users. But kiosks? Not so much. This leaves the courts to establish guidelines for the industry based on case law, a process that's both expensive and subject to sudden change.
ISOs around the country purchase their ATMs and parts from a network of manufacturers and grey market suppliers on the web. The implementation of an internet sales tax on these transactions would increase costs and almost certainly end up decreasing competition.
The price of bitcoin is off only about 5 percent since Friday, when the SEC nixed the Winklevoss-backed proposal for a bitcoin exchange-traded fund. Which raises the question, "Was the commission's decision a foregone conclusion from the get-go?"
Indians have responded to the overnight demonetization of 500 and 1,000 rupee banknotes with the patience of people long accustomed to queuing for service in a nation whose banking infrastructure is scrambling to catch up with its sprinting economy.