Friday , December 27, 2024

ATMs

Diebold’s Wincor Nixdorf Deal Moves Ahead and other Digital Transactions News briefs

• Some 27% of consumers who have a smart phone capable of performing mobile payments have used Apple Pay, Samsung Pay, or Android Pay at least once, according to the latest Mobile Pay Tracker survey from Auriemma Consulting Group. Of this group, 31% say they pay with these methods every …

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Android Pay Cardless ATM Transactions Coming to BofA; PayPal Sets Big Goals

Cardless ATM technology that enables consumers to make cash withdrawals is now available via Android Pay at select Bank of America Corp. locations, the banking giant announced Wednesday at Google’s annual IO conference. BofA says the service has initially been available at some ATMs in Boston, Charlotte, N.C., New York …

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ATM Operator Cardtronics Plans To Reincorporate in the United Kingdom

For Houston-based Cardtronics Inc., Europe is the new land of opportunity, so much so that the leading ATM network owner and operator plans to “redomicile” in the United Kingdom. The move is likely to cut the company’s tax rate, possibly by half, but Cardtronics says that’s just one of several …

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Wow! FICO Reports a 546% Increase in ATM Compromises From 2014 to 2015

A migration of sorts appears to be under way among criminals targeting electronic payments as evidence surfaces that ATMs, especially those not owned by banks, are being targeted. In 2015, there was a 546% increase in ATM compromises, says Fair Isaac Corp., the company known as FICO. Based on data …

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Many ATM Operators To Speed up EMV Acceptance in 2016: Survey

While many ATM operators know what hardware and software their fleets need to enable EMV chip card acceptance, most are waiting to fully upgrade until concerns about routing issues, chargeback rates, and continuing uncertainty subside, according to the 2016 ATM Channel EMV Readiness survey from the ATM Industry Association. Like …

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Facebook In-Store Payments Speculation and other Digital Transactions News briefs

• Nearly half—48%—of ATM operators did not have EMV acceptance enabled on their machines at the end of 2015, finds the 2016 ATM Channel EMV Readiness Survey released by the ATM Industry Association. Fourteen months ago, the survey predicted that figure would be 12%. Continuing uncertainty and confusion, routing issues, and …

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Pin4 Extends Cardless ATM Withdrawals to Non-Bank ATM Operators

HalCash North America is making its cardless-cash ATM service available in four U.S. cities prior to eventual national expansion later this year. Under the Pin4 moniker, the HalCash North America service enables consumers to securely send cash that recipients can retrieve at participating ATMs without having to insert a card …

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Consumers’ Low Risk Perception Buoys Cardless ATM Cash Transactions for FIS

While backers of cardless ATM transactions expected consumers to home in on using their smart phones as remote controls for making cash withdrawals, what wasn’t known was how much they understood about the risks from skimming and threats to their financial privacy. As it turns out, that understanding is pretty …

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Fiserv’s Popmoney Will Let P2P Recipients Claim Their Cash At Accel ATMs

Fiserv Inc., a Brookfield, Wis.-based bank core processor, says its Popmoney peer-to-peer money-transfer service will get a tweak later this year to enable recipients to go directly to an ATM to retrieve funds. Currently, funds sent via Popmoney must be deposited into an eligible account. The new service, dubbed Popmoney …

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Despite ‘EMV Cloud,’ Cardtronics Pushes Forward With Growth Plans

Look for more ATM placements, capital spending, and possible acquisitions by leading retail ATM network owner and operator Cardtronics Inc. in 2016. The growth plan mostly conforms to the long-term strategy the company has been following in recent years, according to comments by top Cardtronics executives late Thursday. Houston-based Cardtronics …

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Digital Transactions