A New Generation of ATMs
Robin Sidel and Ian McDonald report for the Wall St. Journal about a new generation of ATM machines coming to market. Last year there were 10.5 billion ATM transactions ln the U.S. with about 80% involving cash withdrawals.
« May 5, 2006 | Main | May 7, 2006 »
Robin Sidel and Ian McDonald report for the Wall St. Journal about a new generation of ATM machines coming to market. Last year there were 10.5 billion ATM transactions ln the U.S. with about 80% involving cash withdrawals.
Sujit Chakravorti and Victor Lubasi write for Economic Perspectives from the Federal Reserve Bank of Chicago about prepaid cards and how the costs and benefits to payment system participants can differ depending on which payment mechanism is used. The authors specifically explore the costs and benefits of prepaid card applications versus other payment instruments, such as cash, checks, and debit cards, for certain payment segments, including gift, payroll, and employer-initiated and government benefit programs.
Dave Scott writes for the Akron Beacon Journal asking "whatever came of the idea of going up to an automated teller machine, having it check your fingerprint and drawing out some cash?"
READ MOREMichael L. Kasavana, NAMA endowed professor in hospitality management at Michigan State University, writes for AMonline about the evolution of vending machines to support contactless proximity payments.
Richard Waters writes for the Financial Times from San Francisco about eBay's current situation, asking whether eBay is about to become an ecommerce dinosaur or whether it is in the middle of an overhaul that will position it to "move into entirely new markets and continue to expand its 14 per cent share of global ecommerce?"
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