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 245

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.

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Meeting the growing demand for mobile debit, ATM funds access

Mobile Payments Today

As consumers shift to online banking, the ATM also has been impacted by the quest to go digital. Kamesh Tumsi, VP of product strategy at Fiserv card services, gives us the scoop on the digitizing of ATM transactions

Doing Battle With Holiday Fraudsters At The ATM

PYMNTS

Well, that means trips to the ATM. For fraudsters, armed with new technologies, the ATM is fertile ground for fraud. They are, well, razor-thin inserts that fit within the card acceptance slot, and read the data housed within the magnetic stripe of cards inserted into the hacked ATM.

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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.

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Avoid ATM Upgrade Fatigue

ATM Marketplace

With the Windows 10 migration just months away, a growing number of banks and credit unions are considering simply walking away from traditional Windows-PC based ATMs, perpetual ATM upgrade expenses and the short software life cycles

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BITSTOP introduces bitcoin ATM

Mobile Payments Today

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

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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

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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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ATM Restart Overview

ATM Marketplace

Save $1,000 a Year with the ATM Restart. The ATM Restart pays for itself plus nearly 6 years of wireless data in the first year

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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.

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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.

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ATM manufacturer Diebold Nixdorf adds branch-like capabilities

Bank Innovation

Against the tide of dropping ATM numbers globally as customer use cash less often, Diebold Nixdorf is adding capabilities to its ATM machines to encourage adoption. IoT & Wearables Premium Retail Banking ATMs BNP Paribas Diebold Nixdorf Federal Reserve

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Convenience Stores Losing ATMs In UK Over Higher Fees

PYMNTS

A decline in ATM usage in the U.K. has left many people resorting to only using their local shops to withdraw cash, due to a declining number of bank branches and free-to-use ATMs. There were seven ATMs within distance of him, and his was the only one that was free to use.

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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

Canada's Instacoin bitcoin ATMs now offer a slew of stablecoins

Mobile Payments Today

Instacoin now supports seven stablecoins — including the controversial tether — throughout its bitcoin ATM network. At its two-way machines, users can buy and sell up to nearly C$10,000 ($7,600) worth of tether a day, no ID required

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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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Hyosung bets big on cash recycling with MX8000 series ATMs

ATM Marketplace

ATM manufacturer Hyosung America launched three new ATM recyclers, completing its MX8000 family and bringing the total number of ATMs in the series to nine

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

Actively Defend ATMs Against Jackpotting

ATM Marketplace

Actively defend ATMs from the latest type of security breach

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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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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

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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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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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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

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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

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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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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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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

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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.”.

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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.

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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

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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

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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

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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

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).

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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

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

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Next-gen ATM's, mobile banking and the future of cash access

Mobile Payments Today

ATM Marketplace spoke with her to learn more about why IADs, in particular, should be paying attention to the project Donna Embry is the SVP of global payment strategies at Evolve Bank & Trust, and she's involved with next-gen on multiple levels.

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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

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

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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.

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Leland Englebardt on what's driving next-generation ATM deployment

ATM Marketplace

Th race car driver, ATM aficionado spoke to us about a next-gen ATM deployer guidebook he's been working on Englebardt has been involved with next-gen since the early days.

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