Atms/page/2 news and trends

Mastercard and Visa Pay $197 Million to Settle ATM Suit

May 30, 2024
NCR - Digital-First Banking - March 2022 - Explore why more ATM network providers and FIs are catching on to the appeal of cash-recycling ATMs
Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union
Credit Unions // May 21, 2024

Maine-based cPort Credit Union has joined the Co-op ATM network offered by Velera, the payments credit union service organization (CUSO) formerly known as PSCU/Co-op Solutions. With the credit union joining the ATM network, cPort members will have access to more than 180 fee-free ATMs in Maine and 32,000 such ATMs nationwide,...

Supreme Court Decision Puts Spotlight on ATM Usage
Legal // April 15, 2024

The U.S. Supreme Court made a significant decision in a complicated case regarding ATM fees Monday (April 15), putting the spotlight on the use of cash and access to it. While ATMs represent a decidedly analog approach to personal finance, data and anecdotal evidence show...

NCR Atelos and Arizona Financial CU Team on Self-Service Banking
Banking // April 09, 2024

Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos. According to a Tuesday (April 9) news release, AZFCU has picked Atleos’ ATM as a Service (ATMaaS) offering to boost operational efficiencies within its self-service banking channel. “As many of the credit union’s...

Norway Considers Rules to Ensure Consumers Can Pay With Cash
Cash // March 08, 2024

The government of Norway has reportedly proposed rules designed to ensure that consumers can pay with cash. These measures are meant to ensure that those who are reluctant to use digital payments can pay with notes and coins, Bloomberg reported Friday (March 8), citing a...

Interviews & Exclusives
Supreme Court Decision Puts Spotlight on ATM Usage

April 15, 2024
The U.S. Supreme Court made a significant decision in a complicated case regarding ATM fees Monday (April 15), putting the spotlight on the use of cash and access to it. While ATMs represent a decidedly analog approach to personal finance, data and anecdotal evidence show that ATMs are still a preferred option for millions of […]

UK ATM Withdrawals Surge as Brits Turn to Cash Budgeting

January 17, 2023
For the first time in 13 years, ATM withdrawals have increased in the U.K. According to the building society Nationwide, which operates a network of over 1,200 ATMs in the...

Offering Bitcoin Account Access, Nixing Fees, Helps FIs Take ATM Tech Into the Future

March 21, 2022
Banking customers are increasingly reliant on digital tools for their banking needs, but 41% still use ATMs for some portion of their transactions. At the same time, the total number...

Silicon Valley Bank’s Digital-First Approach t​o Keeping Tech Innovators Engaged

January 14, 2022
Banking customers are less likely than ever before to visit branches, and 43% say they bank entirely online or through a mobile app. At the same time, the ATM market...

Quick Reads
Mastercard and Visa Pay $197 Million to Settle ATM Suit

May 30, 2024
Visa and Mastercard will pay $197 million to end a class action suit centered on ATM fees. According to court papers filed Wednesday (May 29), the two payments giants have agreed to settle the case, brought by consumers who withdrew cash from bank-operated ATMs, and who accused the companies of anti-competitive behavior by agreeing to […]

Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union

May 21, 2024
Maine-based cPort Credit Union has joined the Co-op ATM network offered by Velera, the payments credit union service organization (CUSO) formerly known as PSCU/Co-op Solutions. With the credit union joining the ATM network, cPort members will...

NCR Atelos and Arizona Financial CU Team on Self-Service Banking

April 09, 2024
Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos. According to a Tuesday (April 9) news release, AZFCU has picked Atleos’ ATM as a Service (ATMaaS)...

Norway Considers Rules to Ensure Consumers Can Pay With Cash

March 08, 2024
The government of Norway has reportedly proposed rules designed to ensure that consumers can pay with cash. These measures are meant to ensure that those who are reluctant to use...