Tagged: atm

January 28, 2024 @ 11:55 am By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL), which claims to be a leader in expanding financial access for financial institutions, retailers and consumers, has recently announced that Grow Financial Federal Credit Union has chosen Atleos ATM as a Service (ATMaaS) to transform its self-service banking channel for… Read More

August 12, 2023 @ 6:15 am By Omar Faridi  |  

NCR Corporation (NYSE: NCR), an enterprise technology provider, today announced it has successfully expanded its ATM network, under the Cashzone brand name, into Portugal. There are over 100 Cashzone-branded ATMs “installed in Portugal so far, providing consumers, including those visiting the country, with easier access… Read More

March 12, 2022 @ 5:51 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has told all operators of cryptocurrency ATMs operating in the UK to shut down machines or face an enforcement action. In a statement, the FCA said that crypto ATMs providing crypto exchange services must be registered and comply with… Read More

January 18, 2022 @ 5:56 pm By Tony Zerucha  |  

The Monetary Authority of Singapore (MAS) today took steps to effectively ban the advertising of cryptocurrencies to the general public. The guidelines cover payment institutions, banks and other financial institutions, as well as applicants under Singapore’s Payment Services Act. Services included in the directives are… Read More

December 15, 2021 @ 10:29 pm By Tony Zerucha  |  

FSS (Financial Software and Systems), a provider of integrated payment products and processing, along with CSB Bank, one of the oldest private sector banks in India, have joined forces to deliver hyperlocal banking services to financially underserved segments. Under this partnership, CSB Bank and FSS… Read More

May 3, 2021 @ 2:08 pm By Samantha Hurst  |  

  Bitcoin Depot, a cryptocurrency ATM network, announced on Monday it has launched more than 350 new crypto ATMs opening across the U.S. Founded in 2016, Bitcoin Depot describes itself as a multi-cryptocurrency ATM network that offers users the ability to buy and sell Bitcoin,… Read More

February 11, 2021 @ 9:51 am By Samantha Hurst  |  

Blue Ridge Bank has announced on Wednesday it is providing access to Bitcoin at its branch locations. Cardholders can purchase and redeem Bitcoin at nearly 20 Blue Ridge Bank ATM locations, consisting of both branch and off-site ATMs. The banking group reported that it has… Read More

September 18, 2020 @ 6:33 pm By Omar Faridi  |  

The research division at the Bitcoin Mercantile Exchange (BitMEX) confirms that they’ve installed the Blockstream Bitcoin Satellite system, which offers a way to download and verify Bitcoin’s (BTC) blockchain through satellite, without requiring an Internet connection. The BitMEX team said they were able to set up… Read More

December 17, 2019 @ 9:32 pm By Cali Haan  |  

The first ATM ever to dispense cryptocurrency materialized like a clunky Venus in her shell at a Waves cafe in downtown Vancouver in October 2013. The machine was reportedly installed by Bitcoiniacs in cooperation with a Nevada firm called Robocoin, a company Spectrum says once sourced Bitcoins… Read More

September 3, 2019 @ 6:30 am By Cali Haan  |  

Scammers in the Canadian city of Winnipeg have been stealing Bitcoins from Bitcoin ATM customers using a simple poster hung near the kiosk. According to the Winnipeg police department: “Posters have been located on or next to Bitcoin ATMs informing users the Bitcoin ATMs are… Read More

August 30, 2019 @ 1:02 am By Cali Haan  |  

Following the failure of a proposed law earlier this year which would have required the licensing of crypto ATMs in Nevada, state lawmakers have decided to bring cryptocurrency ATMs under existing laws, Nevada Current reports. The state’s unknown number of crypto ATMs, found everywhere from immigrant… Read More

June 12, 2019 @ 1:27 am By Cali Haan  |  

A user of the Reddit forum r/Bitcoin posted a video last week showing British pounds shooting out of a Bitcoin ATM located near London’s Bond Street train station. The video shows a security guard trying to keep nervous spectators away from a cash-filled duffle placed… Read More

June 7, 2019 @ 6:54 am By Cali Haan  |  

Police in Vancouver have reportedly called Bitcoin ATMs “an ideal money-laundering vehicle” and have asked for federal legislation, and the mayor of Vancouver, the first city in the world to host a Bitcoin ATM, has now floated the idea of a ban, The Star reports…. Read More

March 13, 2019 @ 9:21 pm By Cali Haan  |  

Police in the Canadian prairie city of Calgary are seeking information leading to the arrest of 4 men believed to have stolen $200 000 CAD from a Canadian Bitcoin ATM company, CBC reports. The four men allegedly executed 112 fraudulent “double spend” attacks on “bitcoin… Read More

January 24, 2019 @ 2:44 am By Cali Haan  |  

The Pennsylvania Department of Banking and Securities (DoBS) published guidance today exempting cryptocurrency exchanges and crypto ATM businesses from having to register in the state as money-transmission businesses. According to Grimes Law, licensing as a money transmitter in Pennsylvania requires a Surety Bond of $1 million… Read More

January 10, 2019 @ 9:12 pm By Samantha Hurst  |  

Bitcoin ATM firm Bitstop announced on Thursday it has partnered with KIOSK Information Systems (KIOSK), a custom self-service solution provider, to create an innovative Bitcoin ATM platform enabling customers to easily buy and sell digital currency on the spot. While sharing details about the partnership, Bill Butler, KIOSK CEO,… Read More

September 3, 2018 @ 9:32 pm By Cali Haan  |  

Police in Russia have seized all 22 Bitcoin ATMs belonging to the company BBFpro without warning, Russian media outlet RBC reports. Police are said to be acting on orders from the Prosecutor General’s Office, orders induced by a letter from the Central Bank of Russia… Read More

August 3, 2018 @ 5:34 pm By JD Alois  |  

Coinsource has announced its 200th Bitcoin ATM. Coinsource reports that it recently added 17 new machines in Florida, thus surpassing the 200 machine mark. Using the Coinsource ATMs, users my purchase up to $5000 worth of Bitcoin at a time. CEO Sheffield Clark explained they… Read More

July 13, 2018 @ 11:09 am By JD Alois  |  

Coinsource, a company that claims the title of the world’s largest Bitcoin ATM network, has increased the withdrawal amount to $5,000 USD. Coinsource says this comes in response to growing demand for more ATMs and the company’s growing presence in Mid-Atlantic states, including Delaware, Pennsylvania,… Read More

January 29, 2018 @ 7:26 am By JD Alois  |  

DPW Holdings, (NYSE: DPW), has announced that its subsidiary, Digital Power Lending, LLC will launch a network of cryptocurrency ATMs that will allow for the purchase and sale of cryptocurrencies along with cash withdrawals. The company said the first ATMs will be installed in 5… Read More