- Fourth-quarter hardware sales for ATM and banking and retail-payment equipment manufacturer Diebold Nixdorf Inc. fell 11% year over year to $473.2 million, but software and services revenues rose 19% and 7%, respectively, the company reported.
- Credit card balances hit $834 billion in the fourth quarter, up 7% from $779 billion a year earlier, according to the Federal Reserve Bank of New York’s latest report on household debt.
- The National Retail Federation says January retail sales grew 5.4% year-over-year and were down only 0.26% from December on a seasonally adjusted basis. The figures exclude automobile, gas-station, and restaurant purchases.
- The ATM Industry Association elected a new executive committee, with John J. Leehy III, president and chief executive of Payment Alliance International, as its president.
The Accredited Standards Committee X9 Inc. and the PCI Security Standards Council announced they will …