Thursday , April 18, 2024

Search Results for: atms

Are Digital Payments Killing ATMs? Some Researchers Say Yes, But the Debate Isn’t Closed

A report that emerged over the weekend showing a first-ever drop in the ATM count in four of the five largest ATM markets has lent new urgency to the debate over whether electronic payment methods are killing cash—and hence cash dispensers. The report, from London-based RBR, says the number of …

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Cardtronics Add Cardless Cash Feature to 11,000 ATMs and other Digital Transactions New briefs from 4/5/19

Cardtronics plc completed the integration of FIS Cardless Cash into 11,000 ATMs and expects to add 8,000 machines over the next several months. Cardtronics and Fidelity National Information Services Inc. (FIS) announced the integration in 2017. Online lending platform OnDeck said it will begin funding small-business clients with same-day credits …

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Can ATMs Stay Relevant?

As cash goes, so go ATMs. Cash so far has managed to ward off its many electronic enemies, but it’s playing defense in the payments version of The Hundred Years’ War. What does it all mean for ATM deployers and manufacturers? The leading payment card networks have targeted cash since …

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Postpone the Requiem for ATMs: A Drop in the Global Installed Base Isn’t the Whole Story

With the onset of digital wallets, observers of the payments scene might expect consumer demand for cash to wither, and with it the population of ATMs. It turns out the ATM count worldwide did hit its zenith last year, according to research released this week, but the reason is a …

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Eye on ATMs: Visa Will Lift Dynamic Currency Conversion Restriction at ATMs, Euronet Says; New PAI Leadership

In what may be a boon for ATMs, Visa Inc. will allow dynamic currency conversion for consumers using international ATMs beginning April 13, 2019, says Euronet Worldwide Inc. The Leawood, Kan.-based processor, which operates more than 41,000 ATMs globally, says the rule change enables acquirers and ATM operators to offer …

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Cardtronics Adds PenFed ATMs and other Digital Transactions News briefs from 6/12/18

Payment-technology firm i3 Verticals could raise almost $100 million in an expected initial public offering, according to news reports. The firm, launched six years ago as Charge Payment, is led by Greg Daily, a former chief executive at iPayment Inc. ATM network owner and operator Cardtronics plc reported that under …

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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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Digital Transactions