ATMs

The use of prepaid debit cards at Cardtronics-owned ATMs continues to grow at a steady pace, with reloadable cards accounting for 16% of U.S. withdrawal volume during the third quarter.

On the first day RoboCoin's Bitcoin ATM was deployed, one third of its users were new to the digital currency.

The payments industry is facing pressure from outside companies that are toppling many preconceptions about how payments should work. But industry veterans are fighting back, and they shared their strategies at SourceMedia's 2013 ATM, Debit & Prepaid Forum.

Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.

As Fexco and First Data demonstrated their futuristic ATM concept, they emphasized that the bank is at the heart of the offering. And as Lamassu demonstrated a similar device for bitcoin users, a very different message came across.

Payment Alliance International and Iberiabank Corp. have agreed to brand ATMs in Rite Aid pharmacies in Greater Memphis.

Despite Bitcoin's pop culture appeal, most people perceive the virtual currency as so complicated that it must take a rocket scientist to understand. But Moneero has invented a machine that aims to change that perception.

The Lamassu Bitcoin machine, a so-called Bitcoin ATM that allows consumers to deposit cash to buy bitcoins, has its first buyer.

Cardtronics' subsidiary Cardtronics USA has purchased the ATM assets from CGI, adding 1,000 merchant-owned ATMs to Cardtronics' U.S. fleet.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

The recent court ruling on debit interchange fees should remind the payments industry how harmful the Durbin amendment is.

The ATM Acquirers Alliance is restructuring its organization to accommodate new industry segments and payments technology and has changed its name to Integrated Payments Alliance.

David Dove is the new group president of enterprise growth at the ATM operator Cardtronics, which is also launching a new Enterprise Growth Group.

A federal judge raised the possibility that banks will have to repay billions of dollars to merchants, but legal experts say the court lacks the authority to enact such an order.

A court ruling that debit card fee caps be lowered could also enable merchants to play card networks against one another.

ATM operators have a lot at stake in the fallout of a federal judge's ruling last week that the Federal Reserve Board needs to review the debit fee caps and network routing mandates set under the Durbin amendment.

Cardtronics' purchase of Cardpoint Ltd. in Europe helps the Houston-based ATM operator expand into more of the U.K. and enter Germany, two countries whose populations rely more heavily on cash.

Cardtronics has continued its acquisitions spree with a deal to acquire Cardpoint Ltd., an operator of 7,100 ATMs in the U.K. and Germany, for $153 million cash, representing the ATM giant's first foray into Continental Europe.

The Lamassu machine, a so-called Bitcoin ATM, is a rare device that makes it possible for the unbanked to obtain digital currency. It was invented by a pair of guitar-store proprietors who wanted to break into the payments industry — and are prepared to face the music when regulators take notice.

MoneyGram has entered an agreement to buy Nexxo Financial's kiosk-based money transfer business. MoneyGram will also be the preferred partner for Nexxo money transfers and bill payments.