Automated teller machines and network services

1035 articles tagged with this keyword

/payments

Nationwide reports uptick in cash withdrawals

New data from Nationwide shows that cash usage continues to rise as many households respond to the cost-of-living crisis by budgeting with physical money.

/security

Lynx raises $18m for AI-powered fraud fighting tech

Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.

/retail

AIB apologises for online banking glitch

Irish high street bank AIB has admitted to a glitch in its online banking service after it was highlighted by newspaper The Irish Independent.

/regulation

MAS orders DBS and Citibank to investigate lengthy outage

The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment services.

/retail

Experian launches checking account for debt-free credit building

Experian has launched its own digital checking account and debit card designed to help Americans build their credit without incurring debt.

/retail

NatWest suffers ATM glitch

UK high street bank NatWest has resolved an IT problem with its ATMs that left thousands of customers believing they were missing funds.

/security

Minister orders review after Bank of Ireland IT glitch

Ireland's minister for finance has called for an investigation into the robustness of banking technology infrastructure after a technical glitch with Bank of Ireland's (BoI) mobile banking app enabled customers to seemingly withdraw free money.

/payments

Huge queues form at Bank of Ireland ATMs after tech blunder

An online snafu that allowed customers with no money in accounts to transfer and withdraw funds led to huge queues at Bank of Ireland ATMs.

/security

Dutch cops raid criminal network linked to ATM explosions in Germany

Dutch police have raided 25 locations in the Netherlands in an ongoing crackdown again a spate of of ATM bombings in Germany.

/regulation

Crypto ATMs the target of continued FCA crackdown

The Financial Conduct Authority (FCA) has been working alongside the South West Regional Organised Crime Unit in Yorkshire, the Humber Regional Organised Crime Unit, and the Nottinghamshire Police Force to continue its crackdown on unregistered crypto ATMs.

/security

Cybercriminals can now block contactless payments

Prilex, a malware that was used originally to infect ATM’s and then evolved to Point-of-Sales machines has been found by Kaspersky to have modifications which now allow it to block a consumer's ability to make contactless payments, forcing them to put their cards in the machine in a bid to steal Pin codes.

/retail

ATM withdrawals rise for first time in 13 years - Nationwide Building Society

Nationwide Building Society has recorded the first rise in ATM withdrawals for 13 years as Brits respond to the cost-of-living crisis by budgeting with physical money.

/retail

Art Basel ATM puts balances on leaderboard

A succession of millionaires, including DJ Diplo, have been lining up at Art Basel Miami Beach to flaunt their wealth at an ATM that shows users' bank account balances and photos on a leaderboard.

/inclusion

Nigeria limits ATM withdrawals to boost digital payments

The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency.

/payments

AIB makes u-turn on decision to scrap ATMs following backlash

In a media release circulated by Paddy McDonnell, head of media relations for AIB, the bank announced it will retain its 170-strong branch network and will not remove cash services from 70 of its branches - a reversal on its announcement earlier this week.

/retail

Ireland's AIB to scrap ATMs at 70 branches

Irish high street bank AIB is set to discontinue cash services at 70 of its branches in a move that has caused an outcry in rural Ireland.

/payments

Rogers outage shuts down Canadian banks' ATMs, POS and internet banking

Interac, a Canadian e-transfer service, is currently down due to issues with the Rogers network provider.

/payments

Raisin Bank moves into payments through acquisition

German BaaS player Raisin Bank is moving into the payments business after agreeing to buy a Bankhaus August Lenz unit. Financial terms were not disclosed.

/security

Cash trap crims get four year jail terms

Two men who used cash trap devices at ATMs to steal customer withdrawals have been sentenced at the Inner London Crown Court to a combined total of four years and six months in prison.

/startups

Nomo adds current account to SME fintech app

Nomo, the Banco Sabadell-backed fintech platform for the self-employed and SMEs, is adding a current account and virtual card to its offering.