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Cardtronics Completes Acquisition of Welch ATM

HOUSTON, Oct. 7, 2014 – Cardtronics, Inc. (NASDAQ: CATM), the world’s largest retail ATM owner/operator, has completed its previously announced acquisition of Welch ATM, a retail ATM services company. The combined company supports a global portfolio of 111,150 ATMs, including 93,350 conveniently located retail ATMs in the United States. The acquisition brings together complementary customer bases and sales teams, positioning Cardtronics to accelerate revenue growth, achieve cost synergies and deliver greater profitability. Read more...

Are Biometrics the New BIG Security Solution for ATMs?

We’ve all been hearing quite a bit about biometrics in terms of security at the ATM and point-of-sale (POS) terminal. Some machines in Japan made a big news splash when they began using palm recognition. Apple was not too far behind in announcing their new thumb-print technology for the iPhone. Many financial institutions in Mexico, South America, Africa and the Middle East have begun implementing at least one of these options at the ATM in an attempt to reduce fraud by eliminating card usage or simply adding an extra layer of verification security Read more...



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