Interbank networks

ATM Managed Services Market to Garner $9.97 Bn, Globally, by 2027 at 6.5% CAGR, Says Allied Market Research

Thursday, July 9, 2020 - 2:30pm

According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Key Points: 
  • According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
  • Implementation of digitalized technologies, increase in debit cards usage & demand for advanced ATM services, and rise in adoption across various geographies have boosted the global ATM managed services market.
  • Covid-19 scenario: The recent outbreak of Covid-19 has greatly affected the global ATM managed services market.
  • ATM managed services extend bank's brand without needing to fully invest in every aspect of an ATM program.

ATM Managed Services Market to Garner $9.97 Bn, Globally, by 2027 at 6.5% CAGR, Says Allied Market Research

Thursday, July 9, 2020 - 2:30pm

According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Key Points: 
  • According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
  • Implementation of digitalized technologies, increase in debit cards usage & demand for advanced ATM services, and rise in adoption across various geographies have boosted the global ATM managed services market.
  • Covid-19 scenario: The recent outbreak of Covid-19 has greatly affected the global ATM managed services market.
  • ATM managed services extend bank's brand without needing to fully invest in every aspect of an ATM program.

PlainsCapital Bank Partners with Cardtronics to Expand Surcharge-Free ATM Access for Customers

Thursday, July 9, 2020 - 1:45pm

The addition of Allpoint ATMs to the PlainsCapital fleet of ATMs immediately broadens the scope of surcharge-free cash access points available to PlainsCapital customers.

Key Points: 
  • The addition of Allpoint ATMs to the PlainsCapital fleet of ATMs immediately broadens the scope of surcharge-free cash access points available to PlainsCapital customers.
  • As the world of banking continues to evolve, its important that we give our customers widespread ability to withdraw funds without transaction fees, said PlainsCapital Bank Chief Administrative Officer Pete Villarreal.
  • By partnering with Cardtronics, we have once again elevated the way we support our customers by adding another layer of convenience and scale.
  • We look forward to ensuring PlainsCapital customers have convenient access to cash no matter where they are without having to pay added fees.

SoFi Awards Cardtronics ATM Services Agreement and Joins Allpoint Network for Surcharge-Free Cash Withdrawals

Thursday, June 25, 2020 - 1:45pm

The Allpoint Network gives our members access to more fee-free ATMs in major metropolitan areas than even the largest bank operators can provide.

Key Points: 
  • The Allpoint Network gives our members access to more fee-free ATMs in major metropolitan areas than even the largest bank operators can provide.
  • We also are extremely honored that SoFi has selected us to be its ATM services provider delivering high-quality, reliable, innovative, and secure ATM solutions at SoFi Stadium.
  • Financial services providers rely on Cardtronics to deliver superior service at their ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the worlds largest surcharge-free ATM network, with over 55,000 locations.
  • As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike.

First American Trust FSB Selects Volante Technologies US Fedwire as a Service in the Cloud

Monday, June 15, 2020 - 1:00pm

NEW YORK, June 15, 2020 /PRNewswire/ -- Volante Technologies Inc., a global provider of payments solutions to accelerate digital transformation, today announced that First American Trust FSB has selected Volante's US Fedwire as a Service.

Key Points: 
  • NEW YORK, June 15, 2020 /PRNewswire/ -- Volante Technologies Inc., a global provider of payments solutions to accelerate digital transformation, today announced that First American Trust FSB has selected Volante's US Fedwire as a Service.
  • First American Trust FSB offers banking solutions for the escrow and real estate industries.
  • Volante's service, running on Microsoft Azure, will replace the bank's legacy Fedwire processing solution and modernize its payments processing infrastructure.
  • By automating wire processing with Volante's Fedwire as a Service in the cloud, the bank will benefit from resilient, reliable, and scalable payments technology.

Cardtronics to Present at the Needham Technology and Media Conference

Monday, May 18, 2020 - 10:00pm

HOUSTON, May 18, 2020 (GLOBE NEWSWIRE) -- Cardtronics plc (Nasdaq: CATM) (Cardtronics or the Company), the worlds largest ATM owner/operator, announced today that the Company will be presenting at the Needham Technology and Media Conference on Wednesday, May 20, 2020.

Key Points: 
  • HOUSTON, May 18, 2020 (GLOBE NEWSWIRE) -- Cardtronics plc (Nasdaq: CATM) (Cardtronics or the Company), the worlds largest ATM owner/operator, announced today that the Company will be presenting at the Needham Technology and Media Conference on Wednesday, May 20, 2020.
  • Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 285,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa.
  • Financial services providers rely on Cardtronics to deliver superior service at their own ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the worlds largest surcharge-free ATM network, with over 55,000 locations.
  • As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike.

Accel Increases PINless Transaction Approval Limits to Provide Consumers Additional Touch-Free Purchasing Opportunities

Friday, May 1, 2020 - 2:00pm

Accel, along with the STAR debit payments network from Fiserv, is the first debit payments network in the U.S. to announce increased limits for PINless transactions.

Key Points: 
  • Accel, along with the STAR debit payments network from Fiserv, is the first debit payments network in the U.S. to announce increased limits for PINless transactions.
  • Raising approval limits for PINless transactions allows people to avoid contact with a PIN device and check out more quickly.
  • Participating acquirers and their merchants may optionally support the increase in the transaction limit up to and including $100.
  • All other Accel guidelines and rules, including transaction requirements, interchange and fees and exception processing, remain unchanged.

STAR Increases PINless Transaction Approval Limits to Provide Consumers Additional Touch-Free Purchasing Opportunities

Friday, May 1, 2020 - 2:00pm

STAR, along with the Accel debit payments network from Fiserv, is the first debit payments network in the U.S. to announce increased limits for PINless transactions.

Key Points: 
  • STAR, along with the Accel debit payments network from Fiserv, is the first debit payments network in the U.S. to announce increased limits for PINless transactions.
  • Raising approval limits for PINless transactions will speed the checkout process for the purchaser and everyone standing in line.
  • All other STAR guidelines and rules, including transaction requirements, interchange and fees and exception processing, remain unchanged.
  • STAR provides network-level tools to manage exception processing activity, and provides the STAR Predictive Fraud Score on all transactions including PINless POS.

CORRECTING AND REPLACING EVERTEC Announces Earnings Call Date and Time Change; First Quarter 2020 Earnings Call on May 8, 2020 at 10:00 AM ET

Monday, April 27, 2020 - 6:53pm

The Company will now host a conference call and webcast on Friday, May 8, 2020 at 10:00 a.m.

Key Points: 
  • The Company will now host a conference call and webcast on Friday, May 8, 2020 at 10:00 a.m.
  • Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer.
  • A press release with first quarter 2020 financial results will be issued shortly before the market opens on Friday, May 8, 2020.
  • In addition, Evertec owns and operates the ATH network, one of the leading personal identification number (PIN) debit networks in Latin America.

ATMs play an important role in the U.S. consumers' lives

Wednesday, April 22, 2020 - 3:00pm

It also presents data on their opinions about paying ATM fees and methods of authenticating users at the ATM.

Key Points: 
  • It also presents data on their opinions about paying ATM fees and methods of authenticating users at the ATM.
  • "In this report, we examine in detail the different ways that U.S. adults are using ATMs, how they think about them, and the ATM features and functions they consider important.
  • Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries.
  • Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.