Cardtronics, Inc., the world’s largest retail ATM owner/operator, has completed its previously announced acquisition of Welch ATM, a retail ATM services company. The combined company supports a global portfolio of 111,150 ATMs, including 93,350 conveniently located retail ATMs in the United States. The acquisition brings together complementary customer bases and sales teams, positioning Cardtronics to
The ATM Industry Association (ATMIA) announced that it has released a new paper titled “An Industry Discussion: Should changes be made to Reg II in order to increase competition between payment networks?” ATMIA has growing concerns that competition between payment networks is eroding due to the unintended consequences of the Durbin Amendment – both with
Planet Payment, Inc., a leading provider of international and multi-currency payment processing and transaction services, and Columbus Data Services, LLC, one of the nation’s largest ATM processors, today announced the launch of Bank In Your Currency on CDS’ ATM network. As a result of this arrangement, Bank in Your Currency is now available to all
Since 2005, Spark ATM has grown to be South Africa’s leading independent ATM network, with over 2 500 cash machines in some of the country’s most remote areas – all built on the basis of a uniquely lean, low-cost business model that has enabled it to put ATMs where nobody else can. “Many of our
The ATM Industry Association has announced that the first African ATM operator has been internationally certified for the industry’s professional online ATM operational training. Riyaadh Alexander, Contact Centre Team Leader of Spark ATM Systems, based in Cape Town, has been awarded the industry endorsed International Certificate for ATM Operators. Mike Lee, CEO of ATMIA stated, “I
To further deepen the use of ATM as alternative channel for banking transactions in Nigeria and in line with its Corporate Social Responsibility leaning towards enriching lives, Sterling Bank has commenced a four-week pan Nigeria ATM Activation at selected ATM locations. The locations for the four-week programme will include Lagos which is currently running, South-West
Nigeria’s government owned central bank has announced the reintroduction of charges on remote-on-us automated teller machine cash withdrawals, with every withdrawal performed on an ATM belonging to a bank differing from the cardholder’s bank to carry a NGN65 fee. The Central Bank of Nigeria announced the change via a document posted on its website, saying
Absa Bank Limited is pleased to announce that it has completed the acquisition of approximately 850 ATMs and all related franchise agreements from the Bytes Managed Solutions division of Bytes Technology Group South Africa (Pty) Ltd (“Bytes”). Absa entered into an agreement with Bytes, which is a wholly-owned subsidiary of JSE-listed Altron Group, to acquire
Diebold, Incorporated is thwarting criminals’ ability to capture automated teller machine users’ card data with its new ActivEdge card reader. The industry’s first complete anti-skimming card reader prevents all known forms of skimming – the most prevalent type of ATM crime – as well as other forms of ATM fraud. ActivEdge can help financial institutions
ATMIA, the world’s only international association for the ATM industry, has published a new position paper about the role of cash as public money. “Cash today still represents 85% of global retail payment transactions,” said Mike Lee, CEO of ATMIA, “but its role as public money is key to the underlying trust the world continues
