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Why human-in-the-loop computing is the future of machine learning Credit: Unknown engraver - Humani Victus Instrumenta Artificial Intelligence is here and it’s changing every aspect of how business functions. Now that machine learning is becoming more and more mainstream, some design patterns are starting to emerge. As the CEO of CrowdFlower, I’ve worked with many…

EMV Migration Forum Continues Chip Education for ATM Industry Stakeholders With Implementation Webinar /EIN News/ -- PRINCETON JUNCTION, N.J., June 9, 2015 (GLOBE NEWSWIRE) -- Just as the rest of the payments industry, the ATM community is migrating to EMV chip technology to secure transactions in the U.S. and to protect themselves from potential fraud…

Industry Report Shows Nautilus Hyosung America is Largest ATM Supplier to U.S. Market May 11, 2015 09:00 AM Eastern Daylight Time DALLAS--(BUSINESS WIRE)--Nautilus Hyosung America (Hyosung), the fastest growing supplier of ATMs in North America and the market leader in Branch Transformation solutions, today announced that it is now the largest supplier of ATMs to…

ATLANTA -- Criminals are using thermal imaging cameras to steal your PIN -- right in front of you. "I'm shocked. I'm actually shocked," Bernadette Davis said. She uses her ATM card every day and didn't realize how thieves could be using her body temperature against her. A small thermal camera attaches to the back of…

Glassmaker Corning's germ-fighting glass means you can touch an ATM with less worry A special glass is just beginning to make its way into public displays such as ATMs and payment terminals, but Corning hopes it will eventually get into consumer electronics. Corning's germ-fighting glass means you can touch an ATM with less worry. by…

ATM fraud has been on the rise in recent years, and authorities recently discovered one of the reasons behind it has to do with something you have with you every day. According to the Daily Mail, gangs have been removing cell phone cameras from their housings and rigging them inside ATMs to video people entering…

'Tis the season to protect your credit COMMENTARY by Glenn Kapetansky December 15, 2014, 1:29 PM EST Shoppers carry bags while walking inside the Westfield San Francisco Centre on Black Friday. Photograph by Bloomberg/Getty Images The likelihood of having your data compromised goes way up during the busiest shopping days of the year, says Glenn Kapetansky,…

    Credit Card Processing – EMV Checklist for Merchants Top 3 concerns and remedies for the upcoming EMV credit cards As the industry EMV deadline (October 2015) for fraud liability approaches, merchant customers are beginning to receive new credit cards in the mail that include the embedded EMV chip. Many are now wondering how…

How Banks Nickel-and-Dimed $32.5 Billion From Consumers Last Year By Sean Williams Photo Source: Flickr user David Goehring. There aren't many necessary evils in life, but banks seem to fit the bill pretty well. According to a survey conducted by Ebiquity on behalf of public relations and communications firm Makovsky in May, of the 225…

A recent Wall Street Journal article, while targeting a certain major ATM industry player, indirectly attacked the ATM industry in general. The article, by John Carney, likens cash to printed maps and ATM businesses to film camera companies and video rental stores — a dead industry walking. The main supposition for Carney is that mobile…

Retailers petition Supreme Court to review debit fee cap ruling Aug. 19, 2014 Declaring that the debate over debit card swipe fees is “of staggering importance,” a coalition of retailers has asked the U.S. Supreme Court to review an appeals court ruling that left the Federal Reserve debit fee cap in place at 21 cents…

How Do You Stop an ATM Skimmer? Aug 6, 2014, 3:53 PM ET by TINA TRINH (@TinaTrinhNYC) A bank customer swipes his card sideways. Diebold We’ve all heard the alarming stories of thefts stealing credit and debit card information via ATM “skimming” or the installation of phony card readers that read the data off of…

  July 23, 2014 According to the 2014 U.S. Independent ATM Deployer Survey, nearly 35 percent of ATM deployers are working on a strategy to implement contactless ATM transactions. Slightly more than 15 percent are unsure about their plans, or needed more information in order to decide whether to offer contactless or cardless transactions. To…

Consumers' real-world cost of cash: A defining moment for ATM deployers and merchants July 15, 2014 Consumers run into plenty of tacked-on charges in today’s world — hello airline baggage fees! — but the ATM fee, small as it is, is up near the top in terms of generating aggravation. There’s just something patently absurd…

July 3, 2014, 2:34 p.m. EDT PNC Bank Offers Hurricane Preparedness Tips Beyond personal safety, prepare and protect your finances in the event of an emergency.      PITTSBURGH, July 3, 2014 /PRNewswire/ -- During hurricane season, PNC Bank encourages its customers to develop a disaster preparedness plan. The safety and security of you and your family should…

National Cash was recognized as #6 in the top 10 ATM companies by the Top Credit Card Processors Guide. ... We wish to thank our customers and clients for their continued patronage and support over the years.  It's our pleasure to work with you! ... View the full report here! ... topcreditcardprocessors.com is an established…

ATM & Mobile Innovation Summit: The Future of Payments   Visit Washington DC, our nation's capitol, and join payments experts, bank executives, government officials, regulators, security experts and other financial industry insiders to discuss the future of payments. Speakers will include: Leland Englebardt Group Head, Global Network Products | MasterCard return  return   Jordan Kelley CEO |…

Study: The bulk of US payment cards will be EMV enabled within 17 months By the end of 2015, 70 percent of credit cards and 41 percent of debit cards in the United States will be EMV enabled, according to a new report from research and consulting firm Aite Group. “EMV: Lessons Learned and the…

How an ATM and a smartphone can free up landlocked loan accounts by Richard Crone, CEO, and Heidi Liebenguth Crone Consulting LLC Cardless MCA, wherein a customer interacts with the ATM not by means of a card, but via a secure mobile banking app on their smartphone, can facilitate a new form of “transactional credit” for…

On the Radar: The full-service self-service ATM May 19, 2014  | by Suzanne Cluckey ... Ovum, an independent market research firm and consultancy based in Britain, has had a look at assisted teller technology from Wincor Nixdorf and determined that it should be on the radar for retail banks that are “undertaking projects that aim to…

Bill pay innovation key to keeping consumers happy April 25, 2014  | by Dan Kramer  ... As mobile bill payment use continues to surge among American consumers, financial institutions and billers need to innovate in terms of their billing software if they are to remain competitive. Studies indicate that mobile banking is no longer enough for the…

2nd annual ATM & Mobile Innovation Summit to explore convergence of Bitcoin, ATMs, mobile payments The second annual ATM & Mobile Innovation Summit will take place Sept. 10–12 at the Capital Hilton, just blocks from the White House in Washington, D.C. The event will feature approximately 40 speakers, including representatives from the Bitcoin Investment Trust;…

Nautilus Hyosung to add EMV kit for 1500 model ... Nautilus Hyosung has announced that it will provide an EMV upgrade kit for its popular legacy model, the NH1500, for the U.S. market. According to a news release, the kit will become available in Q3. ... "With over 40,000 NH1500s still active in the marketplace,…

Will the fee cap fight go one more round? March 24, 2014 | by Suzanne Cluckey Last Friday, a U.S. District Court of Appeals ruling stripped merchants of their win in round one of a fight contesting debit transaction fee caps and routing rules imposed by the Fed under the Durbin Amendment. The ruling by U.S.…

In addition to the continuing (and ever-evolving) need for IT security professionals to protect consumers by fortifying retailers' computer systems, the need for banks to issue new credit cards in the wake of data security breaches can come with a hefty price tag. Costs associated with the recent security breach involving credit cards used at…