Worldwide ATM Installations Declined In 2018

PYMNTS

The number of ATMs installed during 2018 declined by 1 percent on a worldwide basis, found RBR, the research firm. In a press release , RBR said the number of ATMs stood at 3.24 million ATMs around the world. Cash ATMs banking financial inclusion News report What's Hot

ATM 246

Mastercard and Diebold Nixdorf Update the Cardless ATM

Bank Innovation

The cashless society we’ve been promised is still years away, and in the meantime, ATM innovation continues. A new venture between Mastercard and Diebold Nixdorf, a global ATM provider, sits at the intersection of mobile transactions and cash.

ATM 214

Do Grocery Stores Need Bitcoin ATMs?

PYMNTS

In a new PYMNTS interview, Neil Bergquist, CEO of bitcoin ATM provider Coinme , spoke about how his company is part of the launch of bitcoin payments via Coinstar kiosks, those change-handling machines often located near ATMs, customer service desks or front entrances at grocery stores.

ATM 253

Moving Beyond The Limits Of ‘Cash And Dash’ ATMs

PYMNTS

ATM , as you likely know, is an acronym for automated teller machine. We should not forget why we have ATMs in the first place,” said Knievel. “So But it is important that ATMs are embedded in the digital strategy of the bank, too.”.

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BITSTOP introduces bitcoin ATM

Mobile Payments Today

Andrew Barnard, Co-founder of BITSTOP demos the bitcoin ATM

ATM 116

Eclipse Acquisition Brings Payment Alliance Int’l 15K More ATMs

PYMNTS

ATM portfolio management tools and services firm Payment Alliance International (PAI) has acquired Arizona-based ATM operator Eclipse Cash Systems for an undisclosed sum. In June, it announced it acquired Massachusetts-based ATM operator ISA-Ecash.

ATM 186

ATM numbers shrink as cashless trend grows in major markets

Bank Innovation

As a growing number of consumers swap out cash for mobile or card payments, ATM numbers globally have begun to fall. based consultancy and research firm RBR reported today that the number of ATMs worldwide fell for the first time. It claims global ATM numbers fell by 1% in 2018 to 3.24

ATM 141

Half Of Indian ATMs Could Close In Early 2019

PYMNTS

ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times. With the new rules, he said there will be no option but to shut down those barely profitable ATMs.

ATM 243

As ATM Thefts Rise In Europe, Europol Urges Safeguards

PYMNTS

Europol, the European Union police organization, is calling for increased security and vigilance in response to a string of attacks on ATMs throughout the continent, according to a report by the Associated Press. In a press release , RBR said the number of ATMs stood at 3.24

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Bitcoin ATMs Sprout in Georgia

Bank Innovation

Bitcoin ATM network Coinsource on Thursday installed 20 new bitcoin ATMs in the Peach State. The ATMs come as demand for the cryptocurrency in the region is on a rise, the company said. Cryptocurrency Exclusive ATM Bitcoin cryptocurrencies

What's the future of the ATM industry?

ATM Marketplace

The sixth edition of the ATM Future Trends report, which includes the results of an extensive survey and industry insights from ATM thought leaders, is available

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Actively Defend ATMs Against Jackpotting

ATM Marketplace

Actively defend ATMs from the latest type of security breach

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Helping ATM Deployers Manage ATM Costs More Efficiently

ATM Marketplace

According to ATM industry estimates, cash-related expenses can account for around 30 percent of the cost of running an ATM fleet. Managing those costs could be the key to success

ATM 62

ATM & Mobile 101

Mobile Payments Today

This report provides guidance for ATM deployers considering the integration of their ATM and mobile channels

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Chase Is Tiptoeing into Cardless ATMs as Banks Look to Defend 50-Year-Old Workhorse

Bank Innovation

Chase Bank is tiptoeing into the world of cardless ATMs for consumers — catching up to the likes of Bank of America and Wells Fargo. Cards Exclusive Mobile Operations Technology ATMs BofA Chase PINs

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. In India, get ready for new lines.

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The ABCs Of ATM Fraud

PYMNTS

The ones at the ATMs in the back of the convenience stores that covertly took down your account numbers and PINs? Because when it comes to ATMs, ATM operators have a lot more to worry about. News earlier this month that compromises at ATMs (read: fraud) were at the highest levels in 2015 than had been seen in years (according to FICO) brings back some concerns over how strong security is, or isn’t, at the point of cash dispensing. Remember those skimmers?

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Innovation 2.0: ATMs in the 21st Century

ATM Marketplace

ATMs have vast potential when it comes to the services they could offer, and yet, their chronic lack of innovation has been hugely frustrating to watch

ATM 110

ATM Real-Time Rules

ATM Marketplace

Rising ATM Fraud not only put financial institutions and business at risk of losing large sums of money, but also hurting their brand reputation. Learn how you can mitigate your ATM fraud risk and identify suspicious activity with this FIS whitepaper

ATM 89

ATM Marketplace: October Top 5

ATM Marketplace

Popular stories last month included two on security — always a hot topic — and two from the ATM Industry Association conference in Rome Time to catch up on some reading?

ATM 62

ATM Security and Fraud

ATM Marketplace

Is your ATM fleet safe from smash-and-grabs, jackpotting, and cash trapping? In this whitepaper, you can learn about these major threats and how to protect your ATMs (and the cash inside If you can’t answer with a confident and resounding yes!, don’t stress.

ATM 76

ATM Killer Spare Releases v. 3.0 of App

Bank Innovation

The mobile payments app Spare wants to kill the ATM. More specifically, Spare wants to give customers access to cash from merchants for less than the cost of an ATM fee, and more security. Commerce Mobile Payments Security Startups Technology ATM Mobile Payments Spare

ATM 202

Anti-Fraud ATM Blocks Mobile Phone Scams

PYMNTS

Hitachi is teaming up with a regional bank in Japan to introduce anti-fraud ATMs. The machines are designed to stop users from being conned into transferring money from their bank accounts at an ATM by preventing transactions from completing if it detects the person is using a mobile phone, Bloomberg reported. Joyo Bank, a regional lender located north of Tokyo, will begin operating the new anti-fraud ATMs early next year.

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ATMs Are Moving ‘Up the Stack’ in Branches of the Future

Bank Innovation

Automated teller machines — ATMs — have been around for decades now. Currently, there are 425,000 active ATMs in the U.S. Corporate Exclusive Features Operations Amazon Go ATMs Diebold Nixdorf td bank

ATM 241

Top Australian Banks Kill ATM Fees

Bank Innovation

Four major Australian banks have dropped fees for cash withdrawals at their domestic ATMs, in a move that could save Australian ATM users millions annually. Exclusive Payments Retail ATMs Australian fintech banking fees Financial Regulation

ATM 141

Link, ATM Operator Face Potential Court Fight

PYMNTS

NoteMachine , one of the biggest ATM operators in the U.K., The report noted that the number of free to use ATMs in the Link networked declined 5 percent last year, marking the first annual dip since 1998. Bank Regulation ATMs Interchange Fees legal Link News NoteMachine uk What's Hot

ATM 181

UK Cash Points Close Ahead Of ATM Interchange Fee Drop

PYMNTS

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. Those figures mark a significant departure from earlier trends in closures, when 50 ATMs were closing each month. But LINK said that during a December to April period, “the number of free-to-use ATMs actually increased.”.

ATM 151

ATM Debit Card Fraud Hit 10 Percent In 2017

PYMNTS

ATMs and merchants in 2017. “While most devices are safe, fraudsters are developing new technology and methods for hacking ATMs. The data – which is taken from the FICO Card Alert Service that monitors hundreds of thousands of ATMs and other readers in the U.S. ATMs, restaurants and merchants went up 8 percent in 2017. ATM hacks have proven to be a real concern for consumers and financial institutions.

ATM 167

New App Pinpoints Card Skimmers On Gas Pumps, ATMs

PYMNTS

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. Security & Fraud ATM Bluetana bluetooth Card Skimming credit cards gas pumps News security & fraud skimmers What's Hot

ATM 172

To Counter ATM Fraud, Banks Need to Deal with Technology Debt

Bank Innovation

EXCLUSIVE— While banks are making strides to improve their cybersecurity, it might be time to give the security on their physical devices, such as ATMs, an upgrade too. Exclusive Online Security ACI Worldwide ATM fraud cashless cybersecurity fraud jackpotting Mobile banking

ATM 181

Infographic: Reducing Branch ATM Network Vulnerability

ATM Marketplace

The ATM is an essential component of the omnichannel banking environment. However, the Payment Card Industry (PCI) Data Security Standard makes ATM implementation and management difficult. Fortunately, there is an effective solution to this problem: Branch ATM Network Isolation

ATM 100

Lock America: Securing ATM Entry Points

ATM Marketplace

Locks are the first line of defense against ATM attacks. This paper outlines the requirements for high security locks to protect ATMs from criminal access

What ATMs And Open Source Have To Do With Payments Innovation

PYMNTS

By way of example, Feldmann mentioned cloud-based initiatives that include mobile-enabled ATMs , where authentication takes place before the user even gets to the machine itself, and speeds up transactions (while, of course, reducing the steps needed to get cash in hand).

ATM 267

Spanish ATM Survey Highlights High Demand for ATMs | Cash | Convenience | ATM | Trends

Mobile Payments Today

Despite contactless and biometric payments being on the rise, a recent survey of Spanish adults commissioned by Transaction Network Services has highlighted the strong demand for ATMs for immediate access to cash. Download your copy of this infographic to learn more

ATM 136

Podcast: Mastering the fine art of ATM cash management

ATM Marketplace

Managing cash is an important element of any ATM program. An understocked ATM can lead to unnecessary CIT costs; whereas an overstocked ATM risks greater losses in the event of theft and the opportunity loss of idle cash

ATM 62

It’s the ATM’s 50th birthday today!

Chris Skinner

It was exactly 50 years ago today that the world’s first ATM was unveiled at a Barclays branch in Enfield, London. Today, more than half of UK adults use an ATM at least once a week. All did not go entirely to plan with the first ATMs.

ATM 305

FSS ATM Deployment Services

Mobile Payments Today

To maximize transactions and improve bottom line for the ATM network, it is critical that ATMs are deployed in strategic locations

ATM 100

In Asia Pacific, Cash Usage Swell With Growth of ATMs

PYMNTS

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

ATM 209

UK Retailers Could Receive Refunds In ATM Business Rate Case

PYMNTS

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. Retail ATMs Court of Appeal Gerald Eve Jerry Schurder News

ATM 205

How to improve ATM security with remote key loading

ATM Marketplace

Remote key loading provides a secure and cost-effective method for loading and managing ATM encryption keys across entire ATM networks, making it the strongest security choice for financial institutions

ATM 103

Can Linux improve ATM security?

ATM Marketplace

Upgrading an ATM to the latest version of Windows is a costly proposition. Rick Anderson, delivery director at Linux distribution company Wind River, argues that an open source operating system offers a more secure, affordable alternative

ATM 62

Physical ATM attacks are violent, mostly unsuccessful

ATM Marketplace

Physical ATM attacks come in four different flavors: rip-out attacks, pull-out attacks, in-situ attacks with tools and explosive attacks. Only one out of three attempts is successful, yet all of them leave a trail of destruction

ATM 113

ATM physical attacks: Why armor isn't enough

ATM Marketplace

One approach to the problem of ATM physical attacks has been to harden the machine. According to Spinnaker, the best way to stop physical attacks on ATMs is simply to make the cash in them not worth the having

ATM 112