Fujitsu front-end solutions and Triton Systems ATMs and ATM management software announced they will offer the Fujitsu G60 bill recycling unit in the ARGO 7 ATM. The integrated solution will be on display in the Triton booth number 508 at the ATMIA 2014 US Conference in Orlando, FL. The ATMIA USA annual conference and expo is the largest ATM-focused event in the world and this year’s event marks its 15th anniversary. Triton’s ARGO 7 ATM features a color touchscreen, supports the eco-friendly option of sending SMS text, email or printed receipts, reducing each machine’s carbon footprint and resulting in cost savings over the life of the ATM. Also it can be configured with a business hours or level one safe and is EMV ready. The Fujitsu G60, with up to 1,900 notes capacity, features 4 recycling cassettes, 1 deposit cassette and 1 optional F53 loading cassette. The loading cassette increases up time and productivity by increasing capacities, start of day replenishment or providing an additional denomination when necessary.
The National ATM Council U.S. Independent ATM providers and their suppliers requested MasterCard delay implementation of EMV chip card liability shifts for Maestro international cards at ATMs. The letter was co-signed by NAC and 36 member organizations including leading ATM deployers, processors and manufacturers, many of whom attended the January 29th NAC-sponsored EMV ATM Summit Meeting in Dallas. Formulation of a universally accepted AID (Application Identifier) consistent with financial transaction network routing requirements established under the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Also requested were adequate time is provided for the ATM industry to test and deploy the AID, and all related hardware and software upgrades and change outs necessary to render the embedded U.S. ATM base of over 425,000 terminals EMV compliant. This has created some confusion in the marketplace as to the status of the earlier announced liability shift for MasterCard’s international Maestro cards used at U.S. ATMs.
DirectCash Payments Inc. today announced an agreement with Triton Systems of Delaware LLC to acquire the ATM business of InfoCash Holdings Limited for £11.8 million ($18,498,860). The purchase includes working capital such as inventory, prepaid expenses and accounts receivable. Direct Cash said that the current InfoCash team will remain in place to run the business…
Ken Paull has been appointed executive VP with ROAM Data independent mCommerce solutions. Paull brings with him an extensive electronic payments industry experience and will be responsible for all sales, marketing and business development functions at ROAM. His previous roles included senior vice president at RBS Lynk (now WorldPay), vice president at Triton Systems and general manager at VeriFone. During his tenure at these three companies, Lynk was sold to RBS ($525M), Triton was sold to Dover Corp. and VeriFone was sold to Hewlett Packard ($1.2B). He is growing what is now WorldPay’s national accounts division while also growing what had been a declining ATM processing business by 500%. At VeriFone, Ken built their direct, major account division which has become one of the largest segments of their business.
Grant Victor and its ATMequipment.com division were ranked in Inc. Magazine’s 2011 Inc. 500|5000, a 2011 ranking of the nation’s fastest-growing private companies. Grant Victor was ranked No. 1497 with a 3-year growth rate of 186%. The company was also ranked No. 75 among the Financial Services industry. Grant Victor is a family of companies facilitating the convenient access to cash in the consumer marketplace. ATMequipment.com was ranked No. 2234 with a 3-year growth rate of 111%. The company was also ranked No. 106 among the Financial Services industry. ATMequipment.com is a leading wholesale supplier of retail ATM Machines, Parts, and Supplies. www.ATMequipment.com.
Nautilus Hyosung ATM manufacturer has agreed to plead guilty and pay a $200,000 criminal fine for obstruction of justice in connection with a premerger filing and investigation by the Antitrust Division. Accordingly, the parent company of Nautilus Hyosung Holdings submitted false documents to the Department of Justice and the Federal Trade Commission (FTC) in conjunction with mandatory premerger filings made under the Hart-Scott-Rodino Antitrust Improvement Act. After receiving the premerger filings, the Antitrust Division opened a civil merger investigation of the proposed acquisition. The altered documents directed other corporate employees to alter existing corporate documents with the intent to impair their integrity and availability for use in an official proceeding. The department said that, among other things, the alterations misrepresented and minimized the competitive impact of the proposed acquisition on the market for ATMs in the United States.
Trust Federal Credit Union introduced a Mobile Branch, offering convenient services available Monday through Friday from 9:00 a.m. to 2:00 p.m. It now features a CashTrans ATM. Cash Transactions provides affordable ATM solutions to over 700 small and medium-sized, retailers and financial institutions. It currently drives over 100 financial ATMs throughout the southeast. In addition to deploying ATM equipment, CashTrans also offers “Turn-key Outsourced Solutions” and a complete service program that includes on-site and off-site technical assistance from certified ATM technicians and seasoned professionals. CashTrans is authorized to sell and service, Nautilus Hyosung, Triton, Hantle and other brands of ATM equipment, cash recyclers and smart safes.
The focus of Canada’s drive to switch to EMV and Chip technology has shifted to high risk ATMs, but with less than four months until the Interac Association’s upgrade deadline, ISOs need to ramp up their upgrade activities if they are to meet the regulatory requirements. The revised Interac Association regulations mean any ISO, ATM operator or deployer not upgrading 50% of their ATM estate to the specified requirements by the end of the year must instead ensure that all white label terminals defined as high risk are upgraded instead. Calypso Canada, a Transaction Network Services company, estimates the majority of ATM estates are now faced with approximately 25% of their locations being classified as high risk and believes less than 5% of the these sites have been upgraded so far.
MasterCard has granted Calypso Canada Transaction Network Services company and ABM processor EMV approval as part of Canada’s drive to switch to secure EMV and Chip-certified technology. With less than 12 months until the deadline set by the Interac Association passes, owners, operators and deployers of automatic banking machine (ABM) estates across Canada are now furiously ensuring they can meet the imposed mandates. These mandates require at least 50% of non-deposit-taking ABMs upgraded by the end of the year. The MasterCard EMV approval for Calypso Canada’s PCI DSS certified ABM processing environment is the latest in a series of investments made by Calypso Canada, after the Interac Association had certified its EMV Chip platform.
MasterCard has granted Calypso Canada Transaction Network Services company and ABM processor EMV approval as part of Canadaâs drive to switch to secure EMV and Chip-certified technology. With less than 12 months until the deadline set by the Interac Association passes, owners, operators and deployers of automatic banking machine (ABM) estates across Canada are now furiously ensuring they can meet the imposed mandates. These mandates require at least 50% of non-deposit-taking ABMs upgraded by the end of the year. The MasterCard EMV approval for Calypso Canadaâs PCI DSS certified ABM processing environment is the latest in a series of investments made by Calypso Canada, after the Interac Association had certified its EMV Chip platform.
NY-based multi-currency payment and data processor Planet Payment has named Robert J. Cox, previously with Harris Interactive, as Chief Financial
Officer and Treasurer and Seth Asofsky, currently the Company’s CFO, to the
role of Senior Vice President, US Region. Prior to working at Harris Interactive, Cox was the Senior Vice
President, Chief Financial Officer and Treasurer of DealerTrack Holdings, Inc., a
publicly traded provider of on-demand software and data solutions for the automotive retail
industry. Cox served in the top finance role at DealerTrack for nearly
eight years. During his tenure, revenue at the company grew from $1 million to over
$240 million through a combination of organic growth and acquisitions. Prior to
DealerTrack Cox held senior financial positions at Triton International Inc., and Green
Stamp America Inc. Cox holds a
Master of Business Administration, Finance from Columbia University
Graduate School of Business and a Bachelor of Business Administration, Accounting from St.
Bonaventure University, and is a New York State Certified Public Accountant.
Asofsky has acted as Planet Payment’s CFO during its critical
growth phase and its maturation from a private company start-up to a publicly traded,
full service,registered third party processor, now operating in 10 countries around
the world. During his tenure, the Company achieved its first quarters of EBITDA
profitability and put itself firmly on the road to positive cashflow.
MS-based ATM provider Triton Systems will be releasing Triton Dynamic
Language in January 2010. “TDL” will supersede the “Triton Standard Communications Protocol and
Message Format” that is used by the majority of ATM manufacturers and processors to operate
off-premise ATMs. TDL is more flexible, gives processors more control
over the ATM and can be used to easily create custom applications.
TDL is a superset of Triton Standard with additional functionality. TDL is
backwards compatible with Triton Standard version 5.41 so that
processors that currently support Triton Standard will be able to support TDL-equipped
ATMs. However, to support the flexible new interface and many new features
included in TDL, processors will need to make extensions to their device handlers.
Similarly, Triton ATMs in the field can continue to run their existing software or
they can be updated with new software to take advantage of the additional features
provided by the organization.