Automated teller machines and network services

1039 articles tagged with this keyword

/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.

/payments

PSR issues new access to cash directive to Link

Link's mission to ensure free and easy access to cash as the UK's primary cash machine network operator will remain under the purview of the Payment Systems Regulator, following a positive review of its performance by the watchdog.

/retail

BBVA launches digital retail bank in Italy

Spanish giant BBVA is making a push into the Italian retail banking market with the launch of a digital-only service.

/inclusion

Nationwide cards certified by Royal National Institute of Blind People

Nationwide Building Society has begun issuing ‘dot and notch’ embossed and recycled bank cards that are certified by the Royal National Institute of Blind People (RNIB).

/crypto

NCR to acquire crypto software house LibertyX

NCR is to acquire LibertyX, a provider of cryptocurrency software for ATMs, point-of-sale systems and kiosks.

/retail

Russia's VTB uses AI and Big Data to locate branches and ATMs

VTB, Russia’s second largest bank, has begun using artificial intelligence to determine the ideal locations for branches and ATMs.

/payments

FCA/PSR: Pockets of vulnerability remain but most UK consumers have reasonable access to cash

Research commissioned by the Financial Conduct Authority and the UK's Payment Systems Regulator finds that - contrary to popular belief - most people have reasonable access to cash through a combination of bank, building society, or Post Office branches and ATMs.

/startups

Payments startup Monavate raises £5m

UK startup Monavate has raised £5 million for its technology-enabled, compliance and card scheme sponsorship platform.

/security

OCBC rolls out facial verification for ATM transactions

OCBC Bank is rolling out facial verification technology to its network of ATMs, enabling users to check their balances and ultimately make cash withdrawals via a scan of their faces.

/retail

As cash use falls, banks look to ATM pooling

With the Covid-19 pandemic accelerating the long-term decline in cash usage, banks are increasingly looking to pool or share their ATMs as a way to save money, according to RBR.

/payments

Which?: Free-to-use ATMs disappearing from UK high streets

UK consumer group Which? is pushing for the government to take immediate action to protect the future of cash for those who need it, as its latest analysis shows a spike in the number of people forced to pay to withdraw their own money from cash machines.

/retail

Covid-19: Contactless ATM withdrawals go mainstream

Covid-19 has accelerated the trend towards contactless cash withdrawals in Switzerland, according to SIX, which says that more than a third of machines in the country are now equipped with QR code readers while another 20% have NFC readers.

/payments

Which? ramps up campaign to protect cash network

Which? is urging the UK’s eight largest retail banks to publicly commit to maintaining cash access for the millions of people who still rely on it.

/payments

UK cash machine withdrawals drop by over a third in 2020

Successive Coronavirus lockdowns led to a 37% drop in UK ATM withdrawals in 2020, according to figures published by cash machine network Link.

/inclusion

HSBC to close 82 UK branches; revamps network for digital age

HSBC will close 82 branches in the UK this year as the Covid-19 pandemic accelerates the trend away from in-person banking and towards digital channels.

/crypto

Agricultural Bank of China tests digital currency at ATMs

The Agricultural Bank of China has equipped a number of ATMs with the means for customers to deposit and withdraw the central bank's new digital currency.

/payments

Unexploded bomb in Dutch cash collection machine forces lockdown of entire network

Dutch banks have shut down all sealbag machines - ATMs used for depositing cash by small businesses - after the discovery of an undetonated bomb in a machine located in the West-Frisian harbour town of Enkhuizen.