Visa puts its weight behind EMV in the U.S.

by Ian Kerr — CEO, Level Four

Last week, Visa announced that it is kicking off three new initiatives to accelerate the adoption of EMV and NFC technology in the U.S. Visa is the largest…

GRG Banking rolls out intelligent cash automation solution in Taiwan retail chain

August 10, 2011

GRG Banking rolled out its first intelligent cash automation solution order for its P2801L AutoDepot bulk deposit ATM at RT Mart Taiwan, a large retail chain.

Visa announces three initiatives to push EMV adoption in U.S.

August 8, 2011

Visa Inc. today announced its plans to push the migration to EMV contact and contactless chip technology in the United States. The credit card giant said in a…

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…

The Benefits of Real-Time ATM Management

Single-solution remote management agent decreases downtime, ensures a steady cash supply and allows a deployer to capitalize on long-term trends.

Presented by ESQ Data Solutions

Interswitch and Nigerian-based GTBank introduce cardless cash deposit solution

July 25, 2011

According to the Daily Independent, Interswitch, an electronic payment transaction and switching firm, has implemented a cardless ATM cash deposit solution for…

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…

Flint subsidiary signs processing agreement with First Data's STAR Network

July 20, 2011

Flint Telecom Group Inc., an international telecom technology and financial processing organization, today announced that its wholly owned subsidiary…

Surcharge-free ATM networks offer enhanced customer service

A pay-per-use model allows FIs to serve their customer base at a reasonable cost.  

Five ways to innovate at the ATM

Channel integration and offering new services are topping the list of priorities for IADs.  

Tempo Payments prepares to shut down, blames Durbin Amendment

July 11, 2011

Digital Transactions reports that Tempo Payments Inc., a leading company in the decoupled debit card niche, is going out of business, blaming the Federal…

4G wireless ATM connectivity promises quicker, more secure transactions

New network may not be the standard the industry needs right now.  

Visa remains optimistic about PIN-debit after Durbin Amendment final rule

July 6, 2011

According to Digital Transactions, Visa Inc. is preparing to lose some PIN-debit transaction volume in the wake of the Fed's final rule on the Durbin Amendment…

IFC to invest $2 million in India-based ATM manufacturer Vortex

July 6, 2011

VC Circle reports that International Finance Corporation plans to invest up to $2 million in Chennai, India-based Vortex Engineering Pvt. Ltd for a minority…

Postbank, Deutsche Bahn and Wincor Nixdorf pilot new cash service at travel center

July 5, 2011

Deutsche Bahn customers at the Aschaffenburg, Germany travel center can now use their Girocards to withdraw cash, as well as purchase tickets. This cash…

No clear winners in wake of Durbin Amendment final rule

by Kim Williams — Reporter, NetWorld Alliance

Both sides claim the consumer will bear the burden.

Lakshmi Vilas Bank offers Visa Debit Gold Card to premier customers

July 4, 2011

Lakshmi Vilas Bank in India announced Friday its Visa Debit Gold Card offering for its premier customers. The card has a transaction limit of Rs 50,000 at the…

Wells Fargo rolls out NCR Scalable Deposit Module

June 30, 2011

According to My Bank Tracker, Wells Fargo has begun deploying NCR Corp.'s Scalable Deposit Module (SDM)-equipped ATMs in Arizona, Texas, New Mexico and Nevada.

LINK appoints new CEO

June 30, 2011

Today, LINK, a United Kingdom-based ATM network, announced the appointment of John Howells as its new CEO. This follows the move of Edwin Schooling Latter to…

Federal Reserve issues final rule on Durbin Amendment

June 29, 2011

Yesterday, around 3:30 p.m., the Federal Reserve issued its final rule on the Durbin amendment. The rule fixes the price of debit interchange at 21 cents per…