EAST releases ATM crime update, fraud attacks increase 69 percent

October 17, 2011

The European ATM Security Team today released its bi-annual report providing an overview of the European ATM crime situation. The report shows a 69 percent…

Smart Card Alliance Payments Summit 2012 will offer 'all payments' agenda

October 17, 2011

The Smart Card Alliance today announced that its Payments Summit will return for 2012 with an "all payments" agenda, covering every leading transaction…

Preparing for EMV in the U.S.: A lesson from Canada

Although no deadline is set, the transition seems inevitable.

BAI: Summit session focuses on reinventing the ATM channel

by Kim Williams — Reporter, NetWorld Alliance

Speakers discuss influencing customer ATM usage and leveraging B2B partnerships.

Webinar: Combating fraudulent redemption at the ATM

by Kim Williams — Reporter, NetWorld Alliance

The Diebold-sponsored event discussed ATM vulnerability points and security program best practices.  

ATM cash withdrawals reach record highs in UK

October 3, 2011

According to BBC News, more cash was withdrawn from UK ATMs last Friday than on any other day so far this year.  The Link network attributes the jump to the…

India uses 'human ATMs' to reach unbanked population

October 2, 2011

According to the Bend Bulletin, India is using "human ATMs" to reach its unbanked rural population.

ATMIA Canada board meeting tackles global industry issues, current concerns

by Kim Williams — Reporter, NetWorld Alliance

Topics included the Canadian EMV transition and the Money-Services Businesses Act.  

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…