Fed appeals swipe fee ruling

by Terry Dooley — SVP & CIO, ITS, Inc

In late August, the U.S. Federal Reserve appealed Judge Richard Leon’s decision to reject the agency's cap on debit card transaction fees, a requirement of the…

Almost all Kenyan ATMs now EMV compliant

October 24, 2013

According to the Kenya Bankers Association, 96 percent of Kenya's ATMs have migrated to the EMV standard.

The lifecycle of a fraud

Fraud such as counterfeit card use at ATMs will certainly drop with EMV, but as UK stats show, it can still rise again.

Topcreditcardprocessors.com releases Oct. ratings for ATM services providers

October 21, 2013

Topcreditcardprocessors.com has released its list of the top 10 ATM services firms for October. ATM Link Inc. claimed the No. 1 spot for the month.

Bitcoin prices rebound after Silk Road closure

October 21, 2013

The digital peer-to-peer currency Bitcoin has seen its price bounce back after a market crash in April. The price on Mt. Gox, the largest exchange, hit $197.4…

3 upcoming upgrades that could increase FIs' costs

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

In today's self-service culture, ATMs and mobile banking have become key aspects of customer satisfaction and retention. However, the fast pace of…

Credit Union One taps Fiserv DNA

October 17, 2013

Credit Union One, a Ferndale, Mich.-based FI with $810 million in assets, has selected the DNA account processing platform from Fiserv."The open architecture…

How the mag stripe can actually prevent ATM fraud

At the ATM & Mobile Executive Summit in late September, Mimi Hart, CEO of MagTek Inc. (and a recent winner of the Most Influential Women in Payments award)…

Mexican ATMs fall prey to new cyberattack

October 11, 2013

Mexican ATMs have become the target for physically installed malware called "Ploutus."  The malware was designed to take over the ATM at the software level and…

ATM & Mobile Executive Summit 2013: the Durbin dilemma

Just when the U.S. payments industry was getting close to a common solution to its unusual quandary of how to enable network choice for EMV transactions, along…

ATM & Mobile Executive Summit 2013: Payment trends

Where retail card technology goes, ATM card technology goes. In a Sept. 25 panel discussion, "Retail Payment Trends," Marisa Mann, director of client delivery…

PayPal joins ATM makers with QR code-activated transactions

October 8, 2013

In the process of developing smartphone apps that enable cardless, pre-staged ATM transactions, manufacturers mostly settled on QR codes as cardholder…

Study: Cash-based online and mobile payment services around the world

October 8, 2013

ATM operators around the world know that cash remains a significant consumer payment instrument. But as goods and services move online, consumers who use cash…

EMV Forum moves forward despite Durbin ruling

October 8, 2013

Members of the EMV Migration Forum continue to work toward the implementation of EMV chip technology in the United States, despite uncertainty rising from a…

ATM & Mobile Executive Summit 2013: The ATM-mobile connection

ATM Marketplace Editor Suzanne Cluckey recaps her ATM and Mobile Executive Summit presentation on mobile convergence.

ATMIA invited to Fed meeting on chip standards

October 7, 2013

The ATM Industry Association has been asked to participate in an invitation-only conference on "Integrated Chip Payment Standards: The Next Generation," an…

Proposed card settlement continues to raise concerns

by David Tente — Executive Director, USA, ATM Industry Association

Ever since the details of a proposed class action settlement between merchants and MasterCard/Visa were released last year, support for the deal has rapidly…

Columbus Data Services completes MasterCard EMV certification for Genmega, Hantle ATMs

October 7, 2013

Dallas-based Columbus Data Services, a provider of ATM processing and other services, has announced that its successful completion of MasterCard EMV…

CSI reports 37th consecutive quarter of growth

October 4, 2013

Financial technology solutions provider Computer Services Inc. has continued on a path toward growth for the 37th consecutive quarter. The company today…

Alaric wins bid to replace China Bank ATM switch

October 4, 2013

Payments solutions provider Alaric has announced that China Banking Corp., one of the 10 largest FIs in the Philippines, has selected its Authentic platform…