Biometrics and Bitcoin Mix Poorly at the ATM, RoboCoin Learns
Biometric authentication may seem all the rage now that Apple uses fingerprint authentication in its mobile wallet, but the Bitcoin ATM provider RoboCoin has concluded that biometric technology can be more of a hassle than a help.
Jordan Kelley, CEO of Robocoin
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TIO Networks has secured a patent that allows the bill payment processor to conduct change-based transactions on reverse automated teller machines. more »
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Diebold reached an agreement with Banco del Pacifico to deploy automated teller machines in Ecuador. more »
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Elan Financial Services will use MasterCard's common debit application identifier technology when processing transactions through its MoneyPass ATM network. more »
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Retail ATM operator Cardtronics Inc. is testing a system that takes location-based offers, which are typically linked to a card account or a mobile app, and makes them available to consumers who may prefer to pay with cash. more »
MasterCard Nearby, an app that can locate nearby Apple Pay merchants
Apple Pay has launched to considerable buzz, but the technology giant has done little to communicate where its new mobile wallet can be used, leaving its partners to fill the void. more »
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ATMs are an important component of the move to EMV chip payment technology in the U.S. more »
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PHOENIX – Banks need to convert their ATM fleets into modern financial services kiosks that become new profit centers because legacy payments systems are looking more out of touch with modern expectations. more »
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Diebold has released a new series of ATMs that include security protections. more »
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Cardtronics, a Houston-based ATM, has completed its acquisition of Welch ATM, a Peoria, Ill.-based provider of retail ATM services. more »
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Qiwi, a payment services company based in Moscow, has added self-serve kiosks in JSC Tander convenience stores across Russia. more »
Image: Bloomberg News
Western Union has added self-serve money transfer kiosks in Walgreens stores across the country. more »
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Nearly two decades ago, Federal Reserve Bank of Boston's smart card program became a key means to eliminate the inefficiencies of cash use among military personnel. The payments industry has evolved substantially in that time, requiring the military smart card program to keep pace. more »

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