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
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