ATM

Former law enforcement officer Paul Alex embarked on a remarkable journey from police work to a highly profitable side business. What Happened: After earning an annual income of $272,000 in the police force, Alex contemplated investing in ATMs. In 2018, he identified high-traffic locations...

The Detroit man was arrested after police found several kilos of cannabis and 18 guns in his home where he had allegedly operated a cannabis vending machine outside of it. The man who couldn’t wait for Detroit to allow cannabis sales to begin. Marcellus Cornwell, according...

United Kingdom financial regulator Financial Conduct Authority (FCA) has ordered all cryptocurrency automated teller machines (ATMs) — machines autonomously selling cryptocurrency, usually Bitcoin (CRYPTO: BTC) — to be shut down. What Happened: According to data from...

Cashless ATMs allow customers to use their bank cards to buy cannabis, in spite of federal prohibition. Money gets taken out of their account and goes to the dispensary. Sounds about right, no? However, Visa Inc. (NYSE: V) recently issued another warning that cashless ATMs used by many...

Diebold Nixdorf Inc (NYSE: DBD), a financial self-service, security and services company, has "struggled" over the past year but Credit Suisse stuck with it...until now. The Analyst Credit Suisse's Paul Condra downgraded Diebold Nixdorf from Outperform to Neutral with a price...

Goldman Sachs is recommending cashing in on ATMs and cashing out of money transfer with a pair trade.  Goldman Sachs analyst Lara Fourman initiated coverage of Euronet Worldwide, Inc. (NASDAQ: EEFT) with a Buy rating, while the analyst assumed coverage of The Western Union Company (NYSE:...

The Chinese government took casino investors on a wild ride Thursday when the imposition of new ATM transaction limits in Macau caught the market by surprise. The Drop Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE:...

Cardtronics, Inc. (NASDAQ: CATM), a provider of fully integrated ATMs, cash machines, money machines and bank machine products and services, is scheduled to report its second-quarter results after Thursday's market close. Wall Street analysts are expecting the company to earn $0.77 per share on...

On September 2, 1969, America saw an ATM (automatic teller machine) for the first time. The debut took place in New York, at the Chemical Bank in Rockville Center. History.com looked back at this occurrence and reflected about its ramifications and implications. The Revolutionary Potential Of...

After April 8, ATMs worldwide could be vulnerable to cyberattack. That’s because April 8 is the last day Microsoft (NASDAQ: MSFT) said it would provide regular tech support for Windows XP, which according to Hareetz.com is the software behind 95 percent of the world’s ATMs. Microsoft declined...

At the same time fast food workers are staging a series of one-day strikes in an attempt to force a hike in the minimum wage – fast casual chains like Brinker International's (NYSE: EAT) Chili’s and now, DineEquity's (NYSE: DIN) Applebee’s have taken steps to install electronic tablets at every...

Fourteen years ago, tech experts predicted that the Y2K bug would create a number of problems for computers, computer networks and other electronic devices. According to Encyclopedia Britannica, as much as $300 billion was spent to upgrade computers and programs to be Y2K-compliant. When...