Shake Shack shutters cashless store experiment

June 22, 2018

Shake Shack has decided not to go cashless after testing the idea in a store that had order-and-pay kiosks and no cashiers. However, the fast casual chain…

Cash transactions give way to contactless in UK

June 19, 2018

For the first time, consumers in the United Kingdom are paying more often with contactless debit cards than with cash, according to U.K. Finance. 

ATMs going, going, already gone?

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

I have begun observing that there are fewer and fewer ATMs in places where I used to see them — at airports, railway stations and malls.

Nigerian CIT firm to deploy Transtrack CWC for ATM, retail cash management

June 12, 2018

Bankers Warehouse, a Nigerian full-service cash management and handling business, has tapped software solutions provider Transtrack International to deploy…

German bank outsources ATM cash management to Diebold Nixdorf

June 8, 2018

Germany's Degussa Bank has elected to outsource management of the cash supply chain for its 220 ATMs to Diebold Nixdorf.

1 simple way to make merchant cash management a snap

by atm Atom — blogger, atmatom

Admittedly, cash sales present merchants with challenges — the cost of theft and shrinkage and the time spent separating and counting notes, filling out bank…

Women more likely than men to pay with cash

June 8, 2018

On a worldwide basis, women typically use cash 6 percent more often than men, according to a consumer payments survey by data and analytics company GlobalData.

As frictionless payments struggle for traction, consumers cling to cash

June 7, 2018

Consumer concerns about data security and privacy are hampering the move to frictionless payments, according to Lost in Transaction: Payment Trends 2018, a…

Sweden's far from accidental journey to a cashless society

by Ron Delnevo — Chairman, Cash and Card World

Sweden's apparent move toward becoming the planet's first cashless state is clearly neither accidental nor simply the outcome of choices made by the Swedish…

Paysafe unveils online payment option for unbanked and cash-preferred consumers

June 6, 2018

Payments provider Paysafe has launched Paysafecash, the company's new payment option that caters to cash-preferred online shoppers around the world.

Tweet-storm directed at Visa points out perils of push to cashlessness

June 4, 2018

Visa made a compelling (and ironic) case for cash over the weekend, when the network when down over a large swath of Europe and the U.K. on Friday just before…

Brink's to acquire rival cash management firm Dunbar

June 1, 2018

The Brink's Company, a provider of cash management, secure logistics and payment solutions, has agreed to purchase Dunbar Armored Inc., the fourth largest U.S.

Nairobi bank courts commercial customers with mobile cash deposit service

June 1, 2018

Kenya's Prime Bank has launched a mobile cash pickup service intended to attract business from commercial customers in the nation's cash-intensive retail…

India's ATMs set to go cashless once more as bank workers stage walkout

May 30, 2018

A last-ditch effort to avert a threatened bank strike has failed, precipitating a two-day walkout by approximately 1 million bank employees Wednesday, May 30…

[WEBINAR] How AI Can Save You Real Money on ATM Cash Management

Effective ATM management is more important than ever to ensure profit maximization. Learn how AI can save you real money on ATM cash management by downloading…

ATMs doomed Down Under, financial literacy chairman says

May 23, 2018

Will Australia be largely devoid of ATMs a few years from now? That's the prediction from Paul Clitheroe, chairman of the Australian Financial Literacy Board.

Can cash and digital payments coexist?

One clear conclusion we can make, based on recent trends in the financial services industry, is that the increasing prevalence of new transaction methods does…

India printing cash like it's going out of style because, well ... it's not

May 18, 2018

The Reserve Bank of India has initiated a 500 percent increase in bank note printing in order to ensure that citizens do not experience another cash shortage…

Our money may be green, but it's not about to die!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

It has been a very busy period for me, and more than a month since I last posted to the ATM Marketplace blog. A heavy travel schedule took me to the heart of…

How AI can save your FI on ATM cash management

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A free webinar on May 29 will explain how advances in AI can help financial institutions more precisely manage the cash in their ATMs in order to reduce risk…