PYMNTS

MARCH 20, 2020

The ATM is a stalwart of the banking experience — always there, always on, always ready to dispense cash. Like any electro-mechanical device, an ATM can break down, go dark, maybe even fail permanently — as the fleet of machines out in the field, so to speak, gets older, the upkeep becomes ever more pressing.

ATM 72

ATM AI Fed End User 72

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 74

Compromise ATM Continuity Card Issuer 74

Payments Dive

JUNE 30, 2025

Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. Fraud losses in card payments will keep rising over the next decade, culminating in $403.88 You can unsubscribe at anytime.

Card Services 97

Card Services Value Added Service Privacy Push-to-Card 97

Payments Source

JUNE 14, 2019

Dutch banks ABN Amro, ING and Rabobank have started transferring their ATMs to the Geldmaat network in the Netherlands to address the decline of cash use among its customers, while continuing to make it available.

ATM 67

ATM Addressing Continuity 67

FICO

MARCH 29, 2017

The latest fraud news from the FICO ® Card Alert Service , which monitors hundreds of thousands of ATMs and other readers in the US, is bad. ATMs and merchants monitored rose 70 percent in 2016. ATMs, restaurants and merchants rose 30 percent in 2016. Never approach an ATM if anyone is lingering nearby.

ATM 72

ATM Debit Card Compromise Point-of-Sale (POS) 72

PYMNTS

SEPTEMBER 10, 2019

ATM , as you likely know, is an acronym for automated teller machine. But, as is the case with so much in banking, technology can make the ATM a potent tool for customer engagement — boosting ROI, too — if financial institutions (FIs) leverage a holistic approach with the machines themselves, with a focus on self-service use cases.

ATM 63

ATM Multi-Currency Near Real-Time Value Added Service 63

The Payments Association

OCTOBER 14, 2024

Such policies involve controlling the withdrawal of digital currency in a manner akin to existing limits on the withdrawal of cash from ATMs, and they do not necessitate control over wallets.

Privacy 88

Privacy Addressing CBDC Payer 88

Fintech News

FEBRUARY 2, 2025

Wise, which promotes itself as a provider of affordable and fast cross-border payments with no hidden costs, was found to have misled US customers by suggesting they would incur lower ATM fees while also failing to properly disclose exchange rate details. Wise has also been actively expanding its presence in the Asia Pacific region.

Consumer Financial Protection Bureau (CFPB) 73

Consumer Financial Protection Bureau (CFPB) Regulations CFPB Cross-Border Payments 73

PYMNTS

MARCH 12, 2020

OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release. OCBC Bank has introduced the new service at ATMs through 23 branches. The maximum amount is $30,000 per check, and the ATMs can process about 90 percent of all checks. They’re especially used for payroll and by vendors.

ATM 56

ATM Checks Payroll Transactions 56

Fintech Finance

MARCH 12, 2024

Auriga , a global software provider for the omnichannel banking and payments industry, today announced a major new contract with Nationwide , the world’s largest building society, to provide a new software solution to run, manage and secure the ATMs installed across its UK branch network.

ATM 52

ATM Cybersecurity Security Addressing 52

Payments Dive

JUNE 26, 2025

Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. You can unsubscribe at anytime. Please select at least one newsletter. You can unsubscribe at anytime. Please select at least one newsletter.

PayPal 78

PayPal Venmo Push-to-Card Privacy 78

PYMNTS

JUNE 15, 2016

Nautilus Hyosung America (Hyosung) announced the availability of its new mobile application that’s designed to help merchants and ATM operators manage Hyosung ATMs directly from a mobile device. The MoniMobile app is aimed at revamping the full management capabilities of Hyosung ATMs. ”

ATM 40

ATM Encryption Addressing Innovation 40

PYMNTS

MAY 28, 2020

ATMs are known for their convenience, offering walk-up or drive-through access to financial products like checking or savings accounts. True service-related issues appear when comparing legacy ATMs to modern digital banking solutions. We try to make sure our ATMs meet [their] specific needs.”. Focusing on Consistency .

ATM 52

ATM Credit Union Online and Mobile Banking Checks 52

PYMNTS

JUNE 29, 2018

Ahead of a planned reduction in interchange fees, which card issuers pay for cash withdrawals at ATMs in the U.K., circulated data indicating a similar trend: The consumer group showed that nearly 300 ATMs had shuttered each month from December to April. The cost to use the free ATM network in the U.K. Banks in the U.K.

ATM 44

ATM Card Issuer Push-to-Card Issuers 44

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 46

ATM Agreements Addressing Governance 46

Payments Source

FEBRUARY 1, 2018

This trend will continue until banks have addressed key vulnerabilities, write John Gunn, CMO of VASCO Data Security, and David Vergara, VASCO's head of global marketing.

ATM 63

ATM Security Data Security Addressing 63

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. When Bigger Is Better.

ATM 46

ATM Cybersecurity Ransomware Compromise 46

FICO

APRIL 8, 2016

The FICO® Card Alert Service has just released some startling stats: The number of ATMs in the US compromised by criminals rose 546 percent in 2015 over 2014. This marked the highest number of ATM compromises we have ever recorded. The average duration of an ATM compromise fell from 36 days in 2014 to 14 days in 2015.

ATM 45

ATM Compromise Card Issuer Non-Bank 45

The Fintech Times

FEBRUARY 4, 2025

The majority of traditional financial services infrastructure, such as ATMs and point-of-sale terminals, are concentrated in the capital city of Dakar, leaving rural areas underserved. Fintech presents opportunities to address these challenges and promote financial inclusion.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

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 45

ATM Compromise Card Issuer Issuers 45

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 40

ATM Credit Union Online and Mobile Banking Compliance 40

PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Drive-thru ATMs attached to bank branches have been in use for decades, but FIs are now relying on them as sole points of customer contact.

Technology 99

Technology ATM Online and Mobile Banking Credit Union 99

The Fintech Times

JUNE 15, 2025

The Ria Wallet enables users to deposit funds, withdraw cash from ATMs, pay bills, and also facilitates domestic and international transfers. The Ria Wallet addresses the challenges faced by both workers and employers in the country’s cash-centric payment landscape.

Cross-Border 45

Cross-Border Visa ATM Payroll 45

Cardfellow

JUNE 25, 2025

Use Address Verification Service (AVS) Consider using the Address Verification Service anti-fraud tool. AVS works by comparing a customer’s name, address, and zip code with the information on file at the credit card company. The individual codes are: 10.1: EMV Liability Shift Counterfeit Fraud 10.2: No Authorization 12.1:

Disputes 98

Disputes Credit Cards Card Association Acquirers 98

Payments Source

FEBRUARY 21, 2019

Lloyds is paying small merchants to offer cash back, but consumer groups are already casting the move as inadequate to address the decline of branches and ATMs in the U.K.

ATM 67

ATM Addressing Consumer Process 67

FICO

NOVEMBER 21, 2018

People have two chances to make themselves vulnerable — when taking out cash at an ATM and when taking advantage of Cyber Monday, when card-not-present (CNP) fraud spikes. Take Care at ATMs. If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash. Be Safe Online.

ATM 76

ATM Card Issuer Issuers Compromise 76

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. Bluetooth devices have a unique MAC address that can be cross-referenced with information from law enforcement. student Nishant Bhaskar.

ATM 46

ATM Law Enforcement Credit Cards Laws 46

Fi911

AUGUST 7, 2024

Purpose of Mastercard Chargeback Reason Codes The primary function of Mastercard chargeback reason codes is to establish a standardized terminology and system for recognizing, discussing, and addressing conflicts between cardholders and merchants.

Visa 105

Visa Disputes Authorization CHIPS 105

Fintech Finance

APRIL 8, 2025

As a result, daily transaction volumes at ATM & CRM usage surged from 35 million transactions in 2021 to 45 million in 2024, and virtual card transactions increased almost six-fold, demonstrating the strong adoption of innovations. Partnering with BPC and implementing SmartVista delivered all of these and more.

PCI DSS 94

PCI DSS ATM Debit Card Accreditation 94

The Payments Association

OCTOBER 28, 2024

While it offers immediate relief to victims, it doesn’t address the root cause : stopping fraud at the source. Lost and stolen card fraud also increased by 4% , driven by traditional low-tech theft methods like distraction thefts and shoulder surfing, where criminals observe PINs at ATMs or point-of-sale terminals.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

JUNE 19, 2020

Alongside the announcement of the PayID launch, “memorizing crypto wallet addresses is the most significant pain point for our users, which is inconvenient, but poses considerable security risks.” In that country, PayIDs debuted two years ago as part of Australia’s New Payments Platform tied to mobile banking and apps.

P2P 106

P2P Bank Routing Number Payments ATM 106

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. Last fall, the central bank issued guidelines for authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), the Trade Receivables Discounting System and white-label ATMs.

Digital Payments 106

Digital Payments Central Bank Online and Mobile Banking Disputes 106

PYMNTS

MAY 31, 2018

If that data has already been exposed, then taking it back from organizations doesn’t do much good – there needs to be a way to tell, in the moment of the transaction, that a customer is legitimate rather than a criminal who has gained access to their static credentials, such as birthdate, address and Social Security number. Regulations.

ATM 43

ATM Consumer Data Breach Credential 43

PYMNTS

NOVEMBER 16, 2020

Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. That’s a widely used Brazilian billing-and-payment system supported by banks, ATMs, the post office and supermarkets. The Need For Speed . And then they don't,” Kavakama said.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

Fintech Finance

NOVEMBER 21, 2024

Key Features of Beacon Money: Effortless Account Opening: Beacon Money’s user setup is crafted for immigrants’ unique needs, with no requirement for branch visits or Canadian-specific documents like a Social Insurance Number, Canadian ID, local address, or credit history. At Beacon, we empower immigrants.

ATM 95

ATM SWIFT Verification Accounts 95

PYMNTS

DECEMBER 31, 2020

Addressing security concerns is no trivial pursuit for debit issuers, as they incurred more than $1 billion in net fraud losses in 2019. FIs can get even more holistic views by examining consumers’ interactions with specific entities or technologies, such as ATMs. The Face of Fraud.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Authentication 109

PYMNTS

APRIL 18, 2019

As more and more people use their smartphones to manage money, we saw an opportunity to address another customer pain point,” T-Mobile CEO John Legere said in the press release. 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 69

Checks Accounts ATM API 69