The i-design solution repurposes “waiting time” in a standard ATM transaction. On an i-design enhanced ATM, screen-saver screens that formerly read “processing” or “please wait” are replaced by targeted marketing/advertising messages, interactive on-screen customer surveys, plus a call-to-action message on the receipt after the transaction.
“In a world where consumer attention seems forever fixed on a screen—smartphones, TVs, tablets, laptops, etc.—it’s important to remember the attention-getting quality of a screen known to all demographics, the ATM screen,” said Steve Rathgaber, chief executive officer, Cardtronics. “Because an ATM transaction is all about that person’s money, they’re going to pay extra close attention to that screen. And with tens of thousands of ATMs under Cardtronics’ direct control, plus our existing relationships with 1,200 financial institutions and name-brand retailers on two continents, i-design finds its ideal home at Cardtronics.”
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.