Atms/page/2 news and trends

ESQ Data and CashPilot Form Workflow Automation Partnership

July 08, 2024
cash management
Everything You Probably Didn’t Know About Bank Holidays
Banking // July 04, 2024

July 4th is one of the 11 bank holidays observed in the United States. And yet: Though the branches may be closed, the digital channels still are accessible, which means that the bank holiday, which traces its roots to 1870, really is not a total...

Mastercard and Visa Pay $197 Million to Settle ATM Suit
Legal // 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...

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...

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
ESQ Data and CashPilot Form Workflow Automation Partnership

July 08, 2024
ESQ Data Solutions has formed a partnership with Austrian cash management solution company CashPilot. The collaboration is in response to demand from financial institutions, retailers, managed service providers and cash-in-transit companies for “comprehensive, hardware-agnostic,” solutions for self-service and cash ecosystem endpoint management (such as ATMs and SmartSafes), monitoring and predictive analytics, according to a Monday (July 8) […]

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...

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)...