2014 in review, part II: Security, bitcoin, carrier billing, and mPOS

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Data breaches were a hot-button topic in 2014, maybe even more so than Apple Pay.

FEATURES


Mobile is no longer an alternative channel for banks

The rise of mobile has huge implications for how we manage our money. For banks to remain competitive, it’s essential for them to adopt a mobile-first strategy centered on the consumer experience, writes Monitise SVP of Sales & Operations Fırat İşbecer.

FIS executive discusses the convergence of mobile and ATMs

Company claims more than 27 million mobile banking customers as it tries to find the best experience for users.

New guide offers a comprehensive view of ATM and mobile integration

The free downloadable publication includes 53 pages of survey results, case studies and interviews with innovators in the areas of ATM and mobile channel integration and branch reinvention.

Summit to take a deep dive into the future of ATM and mobile technologies

The second annual ATM & Mobile Innovation Summit in September will feature experts with exceptional depth of knowledge in areas of innovation, security, compliance and regulation.

Agenda: ATM and Mobile Innovation Summit 2014

Kurt Helwig, CEO of the Electronic Funds Transfer Association, and Tom Harper, president and CEO of Networld Media Group talk about points of focus — innovation, regulation and security — for this year's ATM and Mobile Innovation Summit. The two-day...

Preview: ATM & Mobile Innovation Summit 2014

Tom Harper, president and CEO of Networld Media Group talks about what to expect from this year's ATM & Mobile Innovation Summit and why executives should consider it imperative to attend and hear what high-level presenters and panelists have to say about the future of payments.

Are we exploiting the unbanked once they enter the system?

An ex-employee sued McDonald's claiming that its policy of paying unbanked employees' wages via prepaid  meant that her income was eaten up by card fees. A panel of payments experts tackles this difficult issue at the ATM & Mobile Executive Summit in Washington, D.C.

Mobile and money remittance make a perfect match

Remittance companies must move into the mobile channel now or risk being left behind.

Sometimes, cash still matters

An American abroad describes her EMV (mis)adventures.

Dynamic authentication: A new answer to card skimming

Mimi Hart, CEO of MagTek, explains a new angle on stopping skimmers from using a compromised card. (From the ATM & Mobile Executive Summit in Washington, D.C.)

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NEWS


Funds sent via bitcoin app can be retrieved at the ATM

Funds sent from the user's bitoin account can be withdrawn in fiat currency at any Security Bank ATM in the Philippines.

Diebold, Luxembourg FI collaborate on mobile-ATM integration

The new service allows cardless cash withdrawals at any Banque Internationale à Luxembourg ATM, and also enables P2P transfer of funds.

Bitcoin Brands, Midwest BTC partner on ATM placements

Under the new agreement, the partners expect to deploy at least 10 new bitcoin ATMs during the first quarter of 2015.

Mobile Payments Today publishes State of the Industry report

MobilePaymentsToday.com surveyed consumers in the U.S., U.K., India and Brazil to discover how they are adapting to the growing mobile payments industry. Our fourth edition is available in five versions.

Bitcoin Shop to expand kiosk network

Bitcoin Shop Inc. announced an investment in Coin Outlet Inc. as part of a plan to distribute a global bitcoin kiosk network.

The new Bitcoin ATM: No cash in, no cash out

The machine by Australian company Diamond Circle dispenses a prepaid Bitcoin debit card, which is loaded using a traditional credit card.

ATMIA publishes global position paper on Bitcoin ATMs

The paper maintains that regulators might see Bitcoin in a more positive light if it were to align itself with an established global industry organization such as ATMIA.

Big Apple, Big D get Bitcoin ATMs

Manhattan got its first Bitcoin ATM this week, as did Dallas. But surprisingly, neither of these mega metro areas is the first in its state to stick a pin in a United States Bitcoin ATM locator map.

Canada claims Bitcoin throne

Canada can claim first place for number of Bitcoin ATMs, or BTMs, according to BTM provider CAVIRTEX, which launched six new machines in Toronto and has plans for four more in Vancouver, Niagara, Ottawa and Halifax. Canada now has more...

Africa to get first Bitcoin ATM this month

This week, South Africa’s Za Bitcoin ATM announced that it will install the continent’s first Bitcoin ATM sometime toward the end of May. From the company’s post on the BitcoinTalk bulletin board: Our company ordered a Lamassu Inc Bitcoin ATM/vending machine around mid Feb this year.

Deal grants T-Mobile customers fee-free access to Allpoint ATMs

Through an agreement with the Allpoint Network, T-Mobile customers who use their carrier's Mobile Money app and prepaid card will now have surcharge-free access to more than 43,000 Allpoint-branded ATMs across the United States. The Mobile Money program unites a...

India working to turn ATMs, mobile phones into P2P payment system

The Reserve Bank of India wants to make it possible for anyone to send money to another party, regardless of whether that party has a bank account. All the users would have to have is a mobile phone. According to a report from LiveMint, a government intermediary will be set up to facilitate the transactions.

Mobile startup seeks to turn businesses into ATMs

A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and perhaps eventually restaurants and retail stores as well. The mobile app...

Westpac in Google Glass and iBeacon trials

Westpac wants to give its customers in Australia and New Zealand access to their bank accounts via Google Glass and other wearable devices, according to The Sydney Morning Herald. "We are currently trialling a version of the St. George MoneyMeter app on both smart watches and Google Glass (for the St.

Interswitch brings cardless mobile ATM withdrawals to Nigeria

The African payments company Interswitch Transnational has added cardless ATM withdrawals for mobile money users to its Quickteller service. Quickteller allows customers to buy airtime, pay bills and transfer funds at various touch points, including ATMs, POS terminals, the Internet...

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The original self-service device, the ATM changed the public's relationship with money. And even though cashless transactions are on the rise, ATMs in the retail space are powerful tools for giving customers what they need to make their purchases.