18 September 2014
“Millions of banknotes have been rushed to Scotland amid growing fears a Yes vote on Thursday could trigger a run on the country’s ATMs, it has been reported.
As the future of the union hangs in the balance, Scottish businesses near the border have also purportedly been moving their money into English accounts in Cumbria.
17 September 2014
“If cash were your business, you might feel rattled by all the virtual ways to pay these days – from the Interac Flash/CIBC Visa that doubles as a Tim Hortons card to wireless credit card terminals, with more to come. But as far as Justin Davies, founder and president of JD ATM Inc., is concerned, people will always be looking for cash.”
16 September 2014
“Retailers and restaurateurs have a range of choices when it comes to selecting an ATM business model. One option is buying or renting ATMs from an independent ATM deployer (IAD) and levy surcharge fees on ATM transactions. Another option is generating retail income, and possibly a share in surcharge revenues, by providing floor space for an IAD to install an IAD-owned ATM in-store.
This new guide, sponsored by Elan Financial Services, gives an overview of the retail ATM market and explains the role played by the various participants, such as IADs, and the services they provide. In addition, it explains the revenue opportunities for retail ATM deployers and provides guidance on issues such as finding the location in the store for an ATM, regulatory compliance, security measures for protecting ATMs and the type of insurance needed by ATM deployers.”
15 September 2014
“The role of ATMs in consumer banking interactions is currently undergoing a complete makeover. This is the view of Les Riedl, senior managing partner at consultancy Bank Solutions Group.
Speaking to ATM Marketplace for its’ 2014 ATM Software Trends and Analysis report, he notes that it was only a few years ago that the use of cash machines was beginning to decrease. Constant re-invention of the ATM has now made them now more relevant than ever, with the global install base expected to grow to over 3.7M by 2018 (Source: RBR 2013)
12 September 2014
“NCR Corp. (NCR – Analyst Report) is making payments easier for customers. Recently, the company agreed to integrate Apple’s (AAPL – Analyst Report) mobile payments system, Apple Pay, to help customers easily carry out credit and debit card transactions through smartphones and tablets.
Through this facility, NCR will provide retail and hospitality customers an easy, safe and secure way to pay with a single touch. This mobile solution will save time otherwise wasted in long queues at the check-out counters. The technology could be of great importance to NCR, helping it expand its existing client base.”