Wednesday , December 25, 2024

ATMs

Mitek Systems Buys France’s A2iA To Bolster Its Presence in Mobile Imaging

Mitek Systems Inc. announced Wednesday that it acquired Paris-based Artificial Intelligence and Image Analysis (A2iA), a developer of text-recognition and imaging software, for €42.5 million ($49.8 million) in cash and stock. The move bolsters San Diego-based Mitek’s already strong position in the remote deposit capture market and gives it access …

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Credit Unions Hold the Line on ATM Fees, Bankrate Study Finds

Bankrate LLC’s latest study of checking account pricing at credit unions found that ATM surcharges and foreign fees haven’t changed much in the past year.  The April study of the top 50 credit unions by deposits revealed that ATM surcharges—fees charged by ATM owners to non-customers who use their machines—actually …

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Coinstar Adds Amazon.com Option and other Digital Transactions News briefs from 5/17/18

Retail ATM network owner and operator Cardtronics plc said Fifth Third Bank will place its brand on more than 800 Cardtronics ATMs at Speedway LLC convenience stores in Ohio, Indiana, and Kentucky. In related news, Indiana-based German American Bank said it has joined Cardtronics plc’s Allpoint network, giving its customers access …

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Western Union Adds WeChat Pay Option and other Digital Transactions New briefs from 4/30/18

Zippy’s Restaurants said credit and debit card data, including cardholder names and numbers, may have been compromised in a “data-security incident” at its approximately two dozen locations in Hawaii between last Nov. 23 and March 29; the chain learned of the incident March 9. The Western Union Co. has added …

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Australia Post Select U.S. POS System and other Digital Transactions News briefs from 4/24/18

Boston-based OneView Commerce announced that Australia Post signed a multiyear software-as-a-service agreement to use OneView’s Cloud POS service. Payments provider Merchant e-Solutions released an updated version of its payment-acceptance extension for the Magento e-commerce platform. Payouts company Transpay said outbound payments from the United States to other nations increased 93% …

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7.1 Billion EMV Cards in Circulation and other Digital Transactions News briefs from 4/19/18

NCR Corp. is the top provider of multivendor software for ATMs globally, according to U.K.-based research firm RBR. The company controls 32% of the installed base of 1.3 million machines running the software, 12 points higher than the second-place vendor. EMVCo, the chip card standards organization owned by the major …

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Data Thieves Increasingly Target Service Providers, Trustwave Reports

Point-of-sale integrators, help desks, and other computer-related service providers for businesses, look out—the hackers are after you. The new Global Security Report 2018 from Chicago-based Trustwave says service providers were involved in 9.5% of the 700-plus data compromises the firm investigated in 2017. In 2016, service providers played a role …

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Cash Demand Isn’t Going Away, So Fiserv Expands Its CardFree Cash Service to More ATMs

Bank processors over the past several years have worked to combine cardless technology with a continuing consumer demand for cash, a trend that took on momentum on Wednesday with an announcement from Fiserv Inc. that three ATM manufacturers are now supporting the company’s 3-year-old CardFree Cash service. ATM makers Genmega, …

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ACI’s UnionPay Deal and other Digital Transactions News briefs from 3-22-18

NCR Corp. announced that chairman and CEO Bill Nuti will step down for health reasons after its board of directors completes a search for his replacement “in the next couple of months.” Nuti then will serve as chairman emeritus and a consultant to the ATM and point-of-sale payment technology provider. …

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Food Distributor Selects FTNI and other Digital Transactions News briefs from 3/12/18

VeriFone Systems Inc. introduced its Carbon Mobile 5, a point-of-sale device that fits in the palm of the hand and can run payment, loyalty, and inventory-management applications on the Android operating system. Financial Transmission Network Inc. (FTNI) said Merchants Foodservice, which FTNI says is the 12th-largest U.S. food-service distributor, will …

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Digital Transactions