Payments News

On The Web

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Tech

Toronto Blue Jays Stadium Introduces Reverse ATMs for Fans

“Azimut, a self-service solutions provider specializing in kiosks for banks and telecoms, recently debuted its Reverse ATM, a self service kiosk that helps customers convert cash into an active EMV card that they can start using right away, according to a press release.”
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Deals

Asym Capital Raises $15MM for ATMs

“Asym Capital (Asym) , a private equity group in Los Angeles, CA recently announced that they had placed over $15,000,000 in the ATM business over the last few months. Asym’s founder, Hunter Thompson, is confident that the ATM business isn’t going anywhere anytime soon, despite the recent discussions surrounding government-issued digital currencies.Read more: https://www.getnews.info/1128294/asym-capital-raises-15mm-for-atms.html#ixzz6uepc3eoz“
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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 […]

On The Wires

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Tech

NCR Completes Transaction With Cardtronics

“NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced that it has closed its transaction with Cardtronics (NASDAQ: CATM)…Cardtronics is now a wholly owned subsidiary of NCR. NCR can begin integration after regulatory approval from the Competition and Markets Authority of the United Kingdom.”
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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 […]