Better ATM

From Russia with Love

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This post by Todd Nuttall, CEO of Better ATM Services, first appeared on www.atmmarketplace.com.

Leo Tolstoy had it right. A century after his death, I find myself marveling at the stark contrasts in a country still wrestling with the evolving payments industries.

I just returned from a speaking engagement at the Fifth International PLUS Forum Cash Circulation + Self-service Banking and Retail 2013 in Moscow. What a dichotomy.

Here you have the younger population already embracing smart phones, but prepaids are, in essence, still a world away. ATMs are the lifeblood of the average citizen, who seems caught between two realities — the old way and what we in the U.S. take for granted as a part of everyday life. Read More

The Impact of Market Turbulence on ATMs

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ATMs are foundationally intended to give people easy access to their cash. But turbulence alters human behavior. Contributors to such turbulence include artificially low interest rates, high personal and national debt, weather-related disasters and changing behaviors driven by technological and societal changes. This white paper, sponsored by Better ATM Services, Inc., explores potential threats and how to devise a strategy and build new revenue streams.

Click here to download the white paper from atmmarketplace.com.

Banks Can’t Afford to Miss the Prepaid Card Opportunity

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Open- and closed-loop prepaid cards, including gift cards and general purpose reloadable (GPR) prepaid debit cards, have become a major force in the U.S. payments industry. For example, 85 percent of U.S. consumers say they would prefer a $25 gift card over a gift worth $30.This special report, sponsored by Better ATM Services, addresses their popularity, who uses them and how to integrate them into your business model.

Click here to download the report from atmmarketplace.com.

New Opportunities: Prepaid Cards and ATMs

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Traditional bank branches are being replaced by ATM microcenters. Smaller footprints in convenient locations that feature ATMs that continue to grow in functionality are gaining broad traction as consumers embrace these convenient, self-serve centers. This report, sponsored by Better ATM Services, explores the explosion of gift cards and prepaid products and the role they should now play in planning for ATM deployers.

Click here to download the report from atmmarketplace.com.

Are You Surprised?

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This post by Todd Nuttall, CEO of Better ATM Services, first appeared on www.atmmarketplace.com.

Did you see the story a few weeks ago about ATMs that dispense clean water? The story out of India detailed the installation of clean water dispensers attached to ATM-like machines where people desperate for clean water in a remote town in India can now get clean water for only one rupee. Read More

There’s a Tremor in the Force and It’s Emanating from Connecticut

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This post by Todd Nuttall, CEO of Better ATM Services, first appeared on www.atmmarketplace.com.

Market forces often collide, some resulting in tremors that portend things to come. The recent passage by the Connecticut General Assembly of legislation in favor of adopting new requirements for many prepaid products could be a harbinger of things to come. Read More