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Press Releases

Cummins Allison Explains How Educational Institutions Can Embrace Technology to Cut Operational Costs

AUGUST 26, 2015, MT. PROSPECT, IL – Today, many educational institutions struggle with budgetary concerns. Overall, schools in the U.S. are receiving less federal funding, costs are rising, and state support for schools is far less than it was before the 2007-2009 recession. In fact, at least 30 states provided less funding to schools per student for the 2014-2015 school year than they did before the recession.

August 26, 2015

Cummins Allison Explains the Role of Commercial RDC in Branch Transformation

AUGUST 13, 2015, MT. PROSPECT, IL— According to a recent Federal Deposit Insurance Corp. (FDIC) report, brick-and-mortar bank branches remain highly relevant; however, they must continually adapt to rapidly evolving environments and customers.1

August 13, 2015

Cummins Allison Explains How to Ease ATM EMV Transition and Eliminate Liability for Financial Institutions

JULY 28, 2015 MT. PROSPECT, IL — The US payments infrastructure is steadily moving toward EMV readiness. To incent EMV compliance, various mandates and liability shifts are taking place between now and October 1, 2017. With timelines in place for a shift in liability, the total cost of card-present fraud will no longer be borne solely by card issuers. If an ATM cannot accept an EMV chip card after its designated liability shift date, the ATM acquirer (such as the bank or credit union) will bear the cost of any fraud

July 28, 2015

Cummins Allison Explains How to Ease ATM EMV Transition and Eliminate Liability for Financial Institutions

JUNE 2, 2015 MT. PROSPECT, IL — The US payments infrastructure is steadily moving toward EMV readiness. To incent EMV compliance, various mandates and liability shifts are taking place between now and October 1, 2017. With timelines in place for a shift in liability, the total cost of card-present fraud will no longer be borne solely by card issuers. If an ATM cannot accept an EMV chip card after its designated liability shift date, the ATM acquirer (such as the bank or credit union) will bear the cost of any fraud.

June 1, 2015

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