FICO

AUGUST 31, 2017

While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The number of POS device and ATM compromises rose 21 percent in the same period. If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash.

Compromise

FICO

MARCH 7, 2018

ATMs and merchants in 2017. ATMs, restaurants and merchants rose 8%. On the face of it, there’s nothing to celebrate in this ATM fraud data from our FICO ® Card Alert Service , which monitors hundreds of thousands of ATMs and other readers in the US. But the growth curve in ATM fraud is flattening out.

ATM

PYMNTS

SEPTEMBER 28, 2016

Fiserv , a financial services provider, has announced a partnership with FCTI , an ATM network company, to provide processing for about 8,000 ATMs at 7-Eleven stores across the nation and will also custom fit its self-service tool so that FCTI can do self-terminal setups.

ATM

Payments Dive

SEPTEMBER 20, 2017

Networld Media Group handed out awards to honor seven innovators in the ATM and mobile technology industries. The awards gala took place on Sept. 19 in conjunction with the Bank Customer Experience Summit.

ATM

FICO

DECEMBER 14, 2016

Let us move on to 2017. When it comes to payments activity, most consumers’ individual patterns are fairly consistent; they shop at the same stores, get cash from the same couple of ATMs, and so forth. Put another way: There’s no way I won’t be swiping my payment card in 2017. Source: New York Times. Not so with payment apps.

EMV

PYMNTS

SEPTEMBER 17, 2020

In separate news, the overall count of bitcoin automated teller machines (ATMs) approached 10,000 at the beginning of September, aksjebloggen.com reported. There were 9,680 bitcoin ATMs as of the start of the month, marking a 167 percent year-on-year rise.

Bitcoin

Payments Dive

DECEMBER 4, 2017

At the prestigious Payments and Cards Summit held on 7th June 2017, FSS was recognized with two awards – one for the ‘Best ATM Managed Service Provider of the Year’, and the second for the ‘Best Banking Cards Service Provider of the Year’.

ATM

Neopay

SEPTEMBER 26, 2024

The FCA has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs are machines that allow you to buy or convert money into cryptoassets. Mr Osunkoya is accused of running crypto ATMs, which processed £2.6m

ATM

PYMNTS

NOVEMBER 12, 2018

s Court of Appeal ruled on Friday (November 9) that automated teller machines (ATMs) should not be separately assessed when it comes to business rates. Schurder told the FT , “ATMs are part of the retail offer of the stores they are situated in and the VOA should never have treated them as separate businesses.

ATM

PYMNTS

JANUARY 13, 2017

James Chappell, CTO and cofounder of Digital Shadows , joined this week’s Hacker Tracker to shed light on how the latest trend of ATM jackpotting is just the tip of the iceberg for cybercriminals looking to steal larger sums of money with bigger attacks. Keeping 2017 Protected. When Bigger Is Better.

ATM

PYMNTS

DECEMBER 21, 2018

Non-cash payment activity, as measured in the United States, gained ground in 2017 year over year, according to the Federal Reserve’s triennial payments press release on Thursday (Dec. There remains a decline in check payments, which the Fed noted was off during the 2017 period, year on year by 4.8 percent by value from 2016 to 2017.

Fed

PYMNTS

SEPTEMBER 15, 2017

The region is now home to more than half of ATMs worldwide, which is helping drive use of cash, according to RBR’s latest forecast. Just between 2015 and 2017, the number of ATMs in the Asia-Pacific region increased from 1.55 million to 1.72 million and are projected to reach 2 million by end of 2022, the RBR research found.

ATM

PYMNTS

MAY 30, 2016

India’s vast ATM network is set to get a major facelift. The Reserve Bank of India has announced a timeline for the country’s vast ATM network, which constitutes close to 200,000 ATMs, to migrate from accepting mag stripe cards to accepting chip and PIN based cards. ”

ATM

Payments Dive

MARCH 31, 2017

In the last 2 years digital payments have played out a dramatic first act and look set to continue to be a significant influence on this payments industry. This infographic takes a look at how the payments landscape might shape up this year.

ATM

PYMNTS

JANUARY 27, 2017

The LINK ATM network in the U.K. is mulling an overhaul of its business to address banks that are looking to lower the costs of offering customers free ATM withdrawals. According to a report , LINK ATM’s network is comprised of 70,000 cash machines around the country. The cost to use the free ATM network in the U.K.

ATM

PYMNTS

JANUARY 22, 2020

The nationwide debit/ATM network PULSE has tapped Jennifer Schroeder to serve as its executive vice president for product management, the company announced Wednesday (Jan. A Discover Financial Services company, PULSE is one of the nation’s leading debit/ATM networks. percent in 2017 to 6.7 billion transactions. “In

ATM

PYMNTS

FEBRUARY 23, 2017

Coinsource , the largest network of bitcoin ATMs in the United States, recently announced it placed three new machines in St Louis, Missouri — the company’s first foray into the Midwest market. In 2016, we were installing bitcoin ATMs at an average of 1.2 machines per week. We hope to double that this year.”. Founded in Feb.

ATM

PYMNTS

FEBRUARY 21, 2018

Cardtronics, the world’s largest ATM owner/operator, reported solid growth for Q4 2017 and for the full year in general. million in the prior year, driven by the DCPayments and Spark acquisitions completed in January 2017. ATM operating revenues came it at $1.45 million from $309.8 Operating revenues hit $346.2

ATM

PYMNTS

OCTOBER 20, 2017

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.

ATM

PYMNTS

APRIL 2, 2019

The bank said it will enable customers to tap to initiate an ATM transaction at more than 13,000 ATMs around the country later this year. The ability to use a contactless debit card to tap and initiate an ATM transaction relies on near-field communication (NFC) functionality, the same technology Wells Fargo introduced in October 2017.

Debit Card

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Today, 58 percent of SMBs already have international customers, while 72 percent plan to grow their international customer base by 2017. But in 2016, the industry saw progress.”. “I

ISO 20022

PYMNTS

JUNE 12, 2017

Through its ATM-esque service style, customers can walk up to its wall of beer taps and either select their favorite or try out something new without having to wait in line. One of the more fun products that was actually unveiled earlier this year at the 2017 Consumer Electronics Show (CES) was Lego’s Boost offering.

ATM

PYMNTS

DECEMBER 31, 2020

That’s up 13 percentage points from 2017, yet the Tracker also notes that “a substantial minority remains that still desires some form of in-branch capability for more complicated transactions.”. That’s happening as ATMs become ITMs to take on their renewed role in branch banking. “A

ATM

PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. and Australia helped depress Q3 earnings revenue for Cardtronics , the world’s largest owner of ATMs. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 Late Thursday (Nov.

ATM

PYMNTS

FEBRUARY 13, 2018

Russian banks are reporting that 2017 was a rough year for cyberattacks; rough and expensive, according to news from Reuters. Russian bank officials revealed hackers lifted over 1 billion roubles ($17 million) from Russian banks in 2017 using the Cobalt Strike security-testing tool. and across Europe.

Central Bank

PYMNTS

AUGUST 14, 2019

Created by a team of computer engineers, the new app, nicknamed Bluetana, can detect even the most discreet skimmers on gas pumps and bank ATMs. Sparkfun created an Android app in 2017 that set off an alarm if a skimmer was nearby. Now there is an app that can wirelessly reveal the thievery technology, as reported on Wednesday (Aug.

ATM

PYMNTS

DECEMBER 16, 2016

For this week’s Bitcoin Tracker, we’re taking a look at Coinsource , the largest network of bitcoin ATMs in the United States. Most recently, that demand has taken Coinsource back to its home state of Texas, where it added 11 additional ATMs in Q4, bringing the total to 14. Founded in Feb. Fourteen is just the beginning.

Bitcoin

PYMNTS

SEPTEMBER 18, 2020

Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking accounts without charges, debit cards and automated teller machine (ATM) access. In addition, Pitchbook indicated that investments from non-traditional backers jumped more than 80 percent in 2018 in contrast to 2017. billion valuation, CNBC reported.

Mobile Banking

Payments Dive

MAY 26, 2017

Date: June 8, 2017 | Time: 12:00 PM AEDT | Duration: 1 hour | Join us for a live webinar with FIS as we explain how a mature testing strategy can make your implementation process more agile and differentiate your offering from others in the market. Register now!

ATM

PYMNTS

FEBRUARY 24, 2017

In stateside bitcoin news, Coinsource , the largest network of bitcoin ATMs in the U.S., by the end of Q1, adding: “In 2016, we were installing bitcoin ATMs at an average of 1.2 Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C.,

Bitcoin

PYMNTS

SEPTEMBER 4, 2019

The Series C round comes after a July 2017 Series B funding round worth $10 million that was led by Bain Capital. BTI has said it has an installed base of more than 5,100 ATMs across 15 states in India. Expansion goals include doubling the number of these white label ATMs to more than 10,000 by 2021.

ATM

The Fintech Times

SEPTEMBER 14, 2024

The infrastructure boasts one ATM for every 720 people, and financial inclusion is strong, with over 94 per cent of Taiwanese holding a bank account. In 2017, Taiwan introduced the Financial Technology Development and Innovative Experimentation Act, leading to the establishment of a regulatory sandbox.

Innovation

PYMNTS

MAY 8, 2017

For Q1 2017, movement was a bit to the downside amid continued earnings reports this past week, as has been seen in previous sessions. But below the headline number, ATM operating sales in the North America region were down 1 percent over the same timeframe. Revenues were $357.6 Adjusted earnings per share at $0.55

Continuity

FICO

DECEMBER 4, 2017

As the proud winner of my local fantasy league’s 2016 trophy (pictured above), I’m keenly focused on gearing up for my 2017 playoff run. Reflecting back on our 2017 draft party in August, I remember “The Commissioner” collecting participants’ money — specifically, cold hard cash. No, CBT’s Barney wasn’t a purple dinosaur.

Mobile Payments

The Paypers

OCTOBER 9, 2017

(The Paypers) Europe encounters a surge in the number of ATM black box attacks in the first half of 2017, according to the European Association for Secure Transactions.

ATM

PYMNTS

APRIL 18, 2019

Aiming to take on big banks and the fees associated with traditional checking accounts, T-Mobile said Americans spent $34 billion in overdraft fees in 2017. T-Mobile MONEY, it said, has no monthly fees, no overdraft fees and no fees at more than 55,000 in-network Allpoint ATMs worldwide.

Checks

PYMNTS

NOVEMBER 3, 2017

Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3

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