The advent of ATMs running Microsoft Corp.'s Windows operating system is making it easier for banks, retailers, and other machine deployers to add revenue-generating features to the machines, including advertising. PNC Corp., a Pittsburgh-based bank, has found success in introducing advertising and couponing capability as it swaps out older ATMs …
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ATMIA Sets up New Group to Tackle Prepaid, Other Debit Card Issues
Card issuers' uncertainties surrounding such issues as prepaid debit, debit card fraud, and the future flow of interchange income have led a major ATM industry trade group to form a new organization to represent issuers' interests. The Debit Council of the ATM Industry Association held its first meeting today at …
Read More »TechTrans Begins Service to Deliver and Install ATMs for Makers
Technical Transportation Inc. announces it has added ATM support to its delivery service for high-value, heavy machines. The 15-year-old company, based in Dallas, says it will now deliver, install, and test ATMs, bringing them from manufacturer to location and working through a network of agents and technicians. The company says …
Read More »Can a Veteran of ATM Networking Succeed in Health Care Processing?
A veteran ATM network executive thinks he can succeed at building a national health-care transaction-processing system, though similar efforts have a dismal record of failure. The executive, Joseph E. Wolfson, founder of the Metroteller electronic funds transfer network, expects the HealthTransaction Network to begin processing transactions from health-care insurance companies …
Read More »How Livewire Plans to Use ATMs to Expand Its Network 10-Fold
Livewire International Inc., a York, Pa.-based software company with about 100 kiosks and other devices on its network selling items like ski-lift tickets, has teamed up with at least one ATM manufacturer and plans to make agreements with several more to sell tickets through ATMs in supermarkets and convenience stores. …
Read More »EFunds Bails out of ATM Deployment, Continuing an Industry Trend
The parade of major ATM deployers out of the business of owning and managing ATM networks continues with the announcement that eFunds Corp., Scottsdale, Ariz., is selling its fleet of 17,200 machines, which are under merchant contracts in the U.S. and Canada, to Portland, Ore.-based TRM Corp. for $150 million …
Read More »Nine EFT Networks Approve a Triple-DES Retrofit for ATMs
Nine electronic funds transfer networks have now approved a $1,600 retrofit kit from a Cincinnati-based ATM refurbisher and servicer for use in ATMs on their systems. The kit, called 3DESPlus, allows ATM owners to upgrade existing machines to make them comply with new security requirements from the bank card companies …
Read More »Atmel and OTI Announce First Major Order for PayPass Gear
On Track Innovations Ltd. and Atmel Corp. announced today they have received the first order for microprocessors in “commercial quantity” for MasterCard International's PayPass contactless payment program. OTI said it also expects orders for card readers to support rollouts of PayPass cards by issuers later this year. The two companies …
Read More »TowerGroup: Banks Have Hiked Spending to Roll out Super ATMs
Banks are getting set to unveil revamped fleets of ATMs equipped with the latest technology and able to perform a wide range of advanced transaction functions, such as truncation of check deposits. That's according to a new report from Needham, Mass.-based consultancy TowerGroup, which says large banks in the U.S. …
Read More »With AmEx Deal, 7-Eleven Becomes an ATM Networking Power
7-Eleven Inc., the nation's largest convenience-store chain, has acquired the ATM network deployed in its stores from American Express Co. for $44 million. The network connects some 5,483 machines in stores owned, franchised, and licensed by Dallas-based 7-Eleven. The acquisition positions the chain as a major player in electronic funds …
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