Latest Automated teller machines and network services News: Finextra Research

News/Automated teller machines and network services

$55m ATM heist suspect extradited to US

A Turkish man accused of masterminding a series of ATM cyberheists that netted his gang $55 million, has been extradited to the US.

26 June 2015

News/Automated teller machines and network services

RBS pledges to boost resilience spend after latest IT failure

Royal Bank of Scotland is to invest a further £150 million a year to improve the resilience of its IT systems, in the wake of the latest breakdown which saw 600,000 transactions disappear from customer acounts.

19 June 2015

News/Automated teller machines and network services

Blackstone and Carlyle eye $10bn NCR bid - Reuters

Private equity firms Blackstone and Carlyle Group have teamed up to make a $10 billion bid for cash machine vendor NCR, according to Reuters.

16 June 2015

News/Automated teller machines and network services

Wincor Nixdorf plays down talk of acquisition by Diebold

German banking systems company Wincor Nixdorf has denied press reports that it is in talks about a takeover by US rival Diebold.

11 June 2015

News/Automated teller machines and network services

Chinese firm unveils facial recognition ATM

Engineers in China have developed what is thought to be the world's first cash machine to ditch PINs in favour of facial recognition technology.

02 June 2015

News/Automated teller machines and network services

Queensland Police shame inept ATM thief

Queensland Police have shamed a would-be bank robber by posting a comical video of a bungled ATM theft from a petrol station in Townsville.

18 May 2015

News/Automated teller machines and network services

Steve Wozniak joins board of blockchain-tapping ATM startup

Apple co-founder Steve Wozniak has joined the board of a new fintech firm promising to use the blockchain to overhaul the ATM market.

04 May 2015

News/Automated teller machines and network services

Romanian police bust $15m cybergang

Romanian police have arrested 25 people accused of being part of a cybergang that used cloned cards to steal more than $15 million in thousands of ATM withdrawals around the world.

30 April 2015

News/Automated teller machines and network services

Wincor Nixdorf to axe staff, spin off cashless business as sales slump

Wincor Nixdorf is to slash twelve percent of its workforce and spin-off its cashless payments business as the company tackles deteriorating business conditions in key emerging markets such as Russia and China and a sluggish recovery in investment spending throughout Europe.

23 April 2015

News/Automated teller machines and network services

NCR bids to disrupt the cash machine

NCR has launched a cloud-based ATM operating platform that the vendor claims can eliminate malware and reduce total cost of ownership by up to 40%.

15 April 2015

News/Automated teller machines and network services

To withdraw cash, please authenticate yourself at the dachshund

Forget cards, PINs, fingerprints and mobile phones. In the world of artist and designer Soomi Park, anyone wanting to withdraw cash will have to present their genitals at the ATM for an enclosed dachshund to perform an authenticating sniff.

10 April 2015

News/Automated teller machines and network services

ATM fraud down, losses up

European ATM related fraud incidents fell 26% when compared to 2013, although related losses were up 13%.

10 April 2015

News/Automated teller machines and network services

Idea Bank chases 'Uber of banking' tag with mobile ATM fleet

Poland's Idea Bank is taking a novel approach to the mobile banking phenomenon, with the launch of a fleet of automobiles fitted with ATMs that can be summoned by smartphone.

07 April 2015

News/Automated teller machines and network services

Nationwide boosts IT cost transparency with Apptio

Nationwide Building Society has deployed Apptio's Technology Business Management (TBM) software in order to 'sweat' its IT and measure the cost, quality, and value of its enterprise-wide technology services.

02 April 2015

News/Automated teller machines and network services

Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

31 March 2015

News/Automated teller machines and network services

Westpac commits $40m to rural branch network refresh

Australia's Westpac is preparing to pump $40 million over the next two years into a tech-heavy refresh of its rural branches.

20 March 2015

News/Automated teller machines and network services

UK govt pushes cash deposit ATMs

With branch numbers dwindling, the UK government wants to ensure that all Brits have access to ATMs where they can not only withdraw, but deposit, cash. Meanwhile, a London politician is calling for cash machines to be upgraded so that they can be used by rape victims to alert police.

19 March 2015

News/Automated teller machines and network services

Akbank rolls out video banking tech in shopping mall

Turkey's Akbank is experimenting with NCR's Interactive Teller video banking technology in branches and at a shopping mall.

17 March 2015

News/Automated teller machines and network services

BMO Harris Bank introduces cardless ATM withdrawals

BMO Harris Bank has created what it claims is America's largest cardless ATM network, enabling customers to use their mobile phones to withdraw cash at 750 machines.

16 March 2015

News/Automated teller machines and network services

Korea to move to chip-only cards for ATM transactions

The Korean banking industry is to block the use of mag-stripe plastic cards in all of the country's cash machines from May.

09 March 2015