Cardtronics has announced—as part of an expanded ATM branding relationship—Scotiabank is adding 500 Cardtronics cash machines to the Scotiabank Mexico ATM network. The ATMs, part of Cardtronics’ existing portfolio in Mexico, are primarily located in major convenience stores throughout the country.
The partnership with Cardtronics will expand Scotiabank’s ATM network in Mexico to include more than 2,000 machines across the country, accessible to accountholders free of charge. Scotiabank Mexico is part of Scotiabank, one of North America’s premier financial institutions and Canada’s most international bank.
Carlos Lomeli, senior vice president of Retail Banking at Scotiabank Mexico said: “We want to be where our customers are and having ATMs in high traffic locations like convenience stores helps ensure that our customers can find us where and when they need us.”
“In 2010, when Scotiabank signed its first ATM branding agreement with Cardtronics, we spoke of establishing a framework to brand additional ATMs in other international Scotiabank markets,” said Rick Updyke, president, North America Business Group, Cardtronics. “Now, an ATM branding relationship which brought together Scotiabank and Cardtronics less than three years ago in Puerto Rico has expanded twice and today encompasses more than 1,100 ATMs spread across three North American countries.”
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.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.