Tagged: atm

Grow Financial Federal Credit Union Selects Atleos ATM as a Service to Enhance Self-Service Banking

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

Cash Transactions: NCR’s Cashzone Brand, ATM Network Expand into Portugal, Providing Access to Cash

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

The UK FCA Shuts Down Crypto ATMs

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

MAS Bans Crypto Advertising in Singapore

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

FSS, CSB Bank, to Create 1,000 Locations for Financially Underserved Indians

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

Cryptocurrency ATM Network Bitcoin Depot Launches More Than 350 New ATMs Across the U.S.

  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

Blue Ridge Bank Now Offering Bitcoin Access at ATMs

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

BitMEX Installs Blockstream’s Bitcoin (BTC) Satellite System, As Number of Cryptocurrency ATMs to Pass 10,000 Globally

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

Take Care Using Cryptocurrency ATMs

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

Winnipeg Bitcoin ATM Users Lose Funds in Simple Scam

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

Crypto ATMs in Nevada to Be Licensed Under Current Laws

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

Money Shoots Out of Bitcoin ATM Near London Bond Street Tube Station

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

Vancouver, Birthplace of the Cryptocurrency ATM, Considering Ban

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

Canadian Police Seek Four Suspects Accused of “Double Spend” Attacks on Bitcoin ATMs

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

Pennsylvania Regulator: Crypto Exchanges and ATMs Not Money Transmitters

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

Bitstop Partners With Kiosk to Create Bitcoin ATM Platform

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

Russian Police Seize 22 Bitcoin ATMs from Company BBFpro

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

Coinsource Tops 200 Bitcoin ATMs in the US

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

Bitcoin ATM Network Increases Daily Withdrawal Limit to $5000

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

DPW Holdings to Launch Network of Cryptocurrency ATMs

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

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