Report: ATM surcharge fees increase nationwide for seventh consecutive year

by Kim Williams — Reporter, NetWorld Alliance

Industry experts cite the regulatory climate as the reason behind the higher fees.   

ATMIA launches global ATM benchmarking survey

September 28, 2011

The ATM Industry Association, along with UK-based Value Partners Management Consulting, is launching a global business performance benchmarking study for ATM…

Bank of America will begin charging monthly debit card fee

September 28, 2011

Bank of America Corp. will begin charging customers a $5 monthly fee, beginning early next year, for using debit cards to make purchases, according to…

New report says prepaid market growth remains strong

September 27, 2011

According to a new report released by Aite Group, an independent research and advisory firm, the state of the U.S. prepaid market for general-purpose…

Video banking: A cost-effective alternative to the traditional branch?

FIs want to save money but don't want to sacrifice customer service.  

Texas bank will close 55 branch locations, blames Durbin Amendment

September 25, 2011

According to CreditNewsline.com, Laredo, Texas-based International Bancshares Corp. said Friday that it will close 55 grocery store branches and lay off 50…

Credit Donkey unveils Durbin Amendment infographic

September 25, 2011

CreditDonkey, a credit card offer comparison website, today unveiled its Durbin Amendment infographic, designed to help educate consumers about the potential…

Is MasterCard's EMV policy both a blessing and a curse?

by Kim Williams — Reporter, NetWorld Alliance

Although it's another step toward adoption in the U.S., the timeline has some worried.  

Dynamics' Chip and Choice wins Best of Show award at FinovateFall 2011

September 21, 2011

Dynamics Inc., a producer and manufacturer of payment cards, won the Best of Show award at FinovateFall 2011 in New York City with its Chip and Choice…

Economic research firm says overdraft revenue on the rise

September 20, 2011

Since its peak at $37.1 billion in 2009, overdraft revenue has fallen for six straight quarters, ending at $30.1 billion for the first quarter of 2011.

Will banks begin charging debit fees to recover revenue lost from Durbin Amendment?

by Kim Williams — Reporter, NetWorld Alliance

Analysts say consumers may shift to credit and cash.  

Cardtronics helps First Bank meet new ADA guidelines

September 19, 2011

Retail ATM owner Cardtronics announced an ATM managed services agreement with Lakewood, Colo.-based FirstBank covering the bank's ATM network located in King…

Seattle region sees uptick in skimming

September 19, 2011

According to a Seattle Times report, ATM skimming is on the increase in the Pacific Northwest. How bad has it gotten? Ask U.S. Attorney Jenny Durkan, the chief…

ATMmarketplace.com, ATMIA launch 2012 Future Trends survey

by Tom Harper

ATMmarketplace.com, in collaboration with the ATM Industry Association, is currently compiling data for the 2012 ATM Future Trends Report. We recently launched…

Fiserv offers personalized EMV cards, announces plans for processing solutions

September 18, 2011

Fiserv Inc. announced on Friday that it will begin personalizing chip payment cards based on the EMV standard.

Dynamics Inc. to unveil its dual chip technology at Finovate Fall 2011

September 18, 2011

Dynamics Inc., a producer and manufacturer of payment cards, will unveil its Chip and Choice Technology, which features both an embedded and exposed…

Fiserv launches new mobile banking suite

September 14, 2011

Fiserv Inc. yesterday announced the new Mobiliti mobile banking, alerting and payments suite that combines Mobile Money from Fiserv, and BankAnywhere from the…

CBN says ATM fraud in Nigeria down 90 percent

September 14, 2011

The Central Bank of Nigeria yesterday announced that the banking sector is on its way to recovery with a 90 percent reduction in ATM fraud leading the upturn.

FBI: ATM skimming, third party payment processor breaches expected to grow

The assistant director of the Cyber Division delivered testimony to the House Financial Services Committee.

Concerns voiced over looming ADA compliance deadline

Upgrade costs, lawsuits, interpretation of guidelines are causing unease.