Payments News

On The Web

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Deals

Brink’s Acquires Biggest Privately Held Provider of ATM Services in U.S. PAI Inc.

“The Brinks Co. BCO, -0.91% said Tuesday it has acquired PAI Inc., the biggest privately held provider of ATM services in the U.S., for $213 million…”A primary goal of Brink’s Strategy 2.3 is to offer ATM solutions integrated with other Brink’s solutions to provide complete, end-to-end cash management,” the company said. The deal brings the company […]
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Tech

Covid-19: Contactless ATM Withdrawals Go Mainstream

“Covid-19 has accelerated the trend towards contactless cash withdrawals in Switzerland, according to SIX, which says that more than a third of machines in the country are now equipped with QR code readers while another 20% have NFC readers. The number of ATMs that offer contactless cash withdrawals has been on the rise for some […]
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Deals

WSJ News Exclusive | NCR in Talks to Buy Cardtronics

“NCR Corp. is in talks to buy Cardtronics PLC , according to people familiar with the matter, seeking to snatch it away from a pair of investment firms including private-equity giant Apollo Global Management Inc . that earlier agreed to buy the ATM operator. Cardtronics said Thursday it had received an unsolicited bid worth $39 […]
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Tech

JPMorgan Held Talks With Postal Service About Leasing Space for ATMs

“JPMorgan Chase & Co. approached the U.S. Postal Service earlier this year about a deal to place ATMs in some of its locations. The exploratory conversations are still preliminary and began before the coronavirus pandemic swept the nation, according to JPMorgan spokeswoman Trish Wexler. The talks were initiated by the bank’s real estate team as […]
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Tech

Crooks Have Acquired Proprietary Diebold Software to “jackpot” ATMs

“Diebold Nixdorf, which had sales of $3.3 billion from ATM sales and service last year, is warning stores, banks, and other customers of a new hardware-based form of “jackpotting,” the industry term for attacks that thieves use to quickly empty ATMs. The new variation uses a device that runs parts of the company’s proprietary software […]
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Global

CaixaBank Rolls Out Facial Recognition ATMs Across Spain

“Spain’s CaixaBank is to deploy ATMs equipped with facial recognition technology nationwide “with the goal of offering a better user experience and greater security in transactions, particularly in the context of Covid-19”. “The system is the first launched by a financial institution on a global level that allows users to withdraw money by simply recognising […]

On The Wires

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Tech

Fiserv Expands Surcharge-free MoneyPass ATM Network to Capital One Customers

“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today a new agreement with Capital One that will offer customers secure, convenient, surcharge-free access to their funds at thousands of ATMs across the nation. The agreement will add more than 1,500 Capital One ATMs at Capital One branches, […]
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Deals

Cardtronics Enters into Definitive Agreement to be Acquired for $35.00 per share by Funds Affiliated with Apollo Global Management and Hudson Executive Capital

“Cardtronics plc (Nasdaq: CATM) (“Cardtronics” or the “Company”), the world’s largest ATM owner/operator, today announced that it has entered into a definitive agreement with funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and Hudson Executive Capital LP (“Hudson Executive”) to be acquired for […]
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Systems

Payment Alliance International Adds Bitcoin to Cash Capabilities

“Payment Alliance International ( PAI ), the U.S. leader in ATM portfolio management tools and services, today announced it has entered into a strategic partnership with B4U Financial to better serve liquidity needs of the fast-growing cryptocurrency market. PAI’s nationwide fleet of ATMs will be equipped with BitLoad4U (B4U) capabilities, including the ability to redeem […]
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Tech

NCR Introduces a New Digital First ATM Platform

“NCR Corporation (NYSE: NCR), a banking software and services leader, announced today the release of NCR’s next-generation ATM software platform, NCR Activate Enterprise NextGen. Available now in the United States, the Activate Enterprise NextGen ATM platform makes it easier and faster to offer new digital services through the ATM by integrating physical and digital for […]