ATMs

By Jim Daly@DTPaymentNews After five years, it looks like class-action lawsuits by ATM independent sales organizations and consumers challenging Visa Inc. and MasterCard Inc. rules over ATM surcharging on antitrust grounds may finally be headed to trial. The U.S. Supreme Court last week dismissed appeals by Visa and MasterCard after …

• The U.S. Supreme Court gave the green light to class-action lawsuits by ATM operators and consumers accusing Visa Inc., MasterCard Inc. and several U.S. banks of conspiring to inflate the prices of ATM access fees in violation of antitrust law, Reuters reported. The justices dismissed two related cases they earlier had …

• Two merchant organizations have filed a friend-of-the-court brief supporting a U.S. Department of Justice filing that asks the full panel of the Second U.S. Circuit Court of Appeals to hear a 6-year-old case alleging anti-steering rules established by American Express Co. are anti-competitive. A three-judge panel of that court ruled …

• Payment security technology provider MagTek Inc. and Payment Alliance International (PAI), an ATM independent sales organization and processor, said PAI now supports MagTek’s QwickCodes system for cardless transactions and will deploy it across its nationwide network of more than 74,000 ATMs. • Entertainment operator Live Nation Entertainment Inc. said mobile-ticket …

Consumers continue to pay higher fees for out-of-network ATM transactions, but have more access to free, non-interest checking accounts, says Bankrate Inc.’s annual survey of checking-account fees. Combined surcharges levied by ATM deployers and a consumer’s own bank total $4.57, up 5 cents, or 1.1%, from a year ago, a …

• A federal judge in California has allowed an antitrust case to move forward against American Express Co., Discover Financial Services, MasterCard Inc., and Visa Inc. The case was filed in March by Florida merchants as a class-action suit alleging the networks had conspired to shift chargeback liability from banks …

By Peter Lucas@DTPaymentNews Consumers continue to pay higher fees for out-of-network ATM transactions, but have more access to free, non-interest checking accounts, says Bankrate Inc.’s annual survey of checking-account fees. Combined surcharges levied by

By Jim Daly@DTPaymentNews The first business day of 2016’s fourth quarter produced several announcements about payments-industry acquisitions. In the biggest, globe-trotting ATM network operator Cardtronics plc will gain a toehold in the Asia-Pacific region by acquiring Canadian ATM firm DirectCash Payments Inc. (DCPayments) for $460 million. Meanwhile, Meta Financial Group …

• ATM network operator Cardtronics plc announced it plans to buy Canadian ATM operator DirectCash Payments Inc. (DCPayments) for $460 million; DC Payments operates 25,000 ATMs and will give Cardtronics its first presence in Australia and New Zealand and expand its operations in Canada, the United Kingdom, and Mexico. • …

By Kevin Woodward@DTPaymentNews ATM operators wondering if their machines will be compliant with MasterCard Inc.’s EMV protocols by Saturday, Oct. 1, now have a little more breathing room. MasterCard confirmed to Digital Transactions News Friday that the date, widely thought to be Saturday, is actually Oct. 21. While the Oct. …