Keeping The AI On ATMs

PYMNTS

The ATM is a stalwart of the banking experience — always there, always on, always ready to dispense cash. It might be said that when it comes to ATMs, variability is the one constant. In that case, Johnstun said, the ATM goes through a clearing action and recovers. “In

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ATM industry looks to federal lifeline amid COVID-19

Mobile Payments Today

As relief and funding packages are being debated in Washington, the National ATM Council looks to how these new laws will affect business

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Worldwide ATM Installations Declined In 2018

PYMNTS

The number of ATMs installed during 2018 declined by 1 percent on a worldwide basis, found RBR, the research firm. In a press release , RBR said the number of ATMs stood at 3.24 million ATMs around the world. Cash ATMs banking financial inclusion News report What's Hot

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Mastercard and Diebold Nixdorf Update the Cardless ATM

Bank Innovation

The cashless society we’ve been promised is still years away, and in the meantime, ATM innovation continues. A new venture between Mastercard and Diebold Nixdorf, a global ATM provider, sits at the intersection of mobile transactions and cash.

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ATMs Are Ahead Of Their Time — Again

PYMNTS

The automated teller machine (ATM) debuted 51 years ago in the U.S., And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. A convergence of factors is at the root of the ATM makeover now underway.

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Banks farm out offsite ATM maintenance, cash replenishment

Mobile Payments Today

Banks are increasingly outsourcing more sophisticated and remote ATM maintenance to outside firms

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Do Grocery Stores Need Bitcoin ATMs?

PYMNTS

In a new PYMNTS interview, Neil Bergquist, CEO of bitcoin ATM provider Coinme , spoke about how his company is part of the launch of bitcoin payments via Coinstar kiosks, those change-handling machines often located near ATMs, customer service desks or front entrances at grocery stores.

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Meeting the growing demand for mobile debit, ATM funds access

Mobile Payments Today

As consumers shift to online banking, the ATM also has been impacted by the quest to go digital. Kamesh Tumsi, VP of product strategy at Fiserv card services, gives us the scoop on the digitizing of ATM transactions

OCBC Bank Upgrades ATMs To Cash Checks Instantly

PYMNTS

OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release. OCBC Bank has introduced the new service at ATMs through 23 branches. The maximum amount is $30,000 per check, and the ATMs can process about 90 percent of all checks.

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BITSTOP introduces bitcoin ATM

Mobile Payments Today

Andrew Barnard, Co-founder of BITSTOP demos the bitcoin ATM

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Doing Battle With Holiday Fraudsters At The ATM

PYMNTS

Well, that means trips to the ATM. For fraudsters, armed with new technologies, the ATM is fertile ground for fraud. They are, well, razor-thin inserts that fit within the card acceptance slot, and read the data housed within the magnetic stripe of cards inserted into the hacked ATM.

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Avoid ATM Upgrade Fatigue

ATM Marketplace

With the Windows 10 migration just months away, a growing number of banks and credit unions are considering simply walking away from traditional Windows-PC based ATMs, perpetual ATM upgrade expenses and the short software life cycles

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Half Of Indian ATMs Could Close In Early 2019

PYMNTS

ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times. With the new rules, he said there will be no option but to shut down those barely profitable ATMs.

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Bitcoin ATMs Sprout in Georgia

Bank Innovation

Bitcoin ATM network Coinsource on Thursday installed 20 new bitcoin ATMs in the Peach State. The ATMs come as demand for the cryptocurrency in the region is on a rise, the company said. Cryptocurrency Exclusive ATM Bitcoin cryptocurrencies

ATM numbers shrink as cashless trend grows in major markets

Bank Innovation

As a growing number of consumers swap out cash for mobile or card payments, ATM numbers globally have begun to fall. based consultancy and research firm RBR reported today that the number of ATMs worldwide fell for the first time. It claims global ATM numbers fell by 1% in 2018 to 3.24

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Eclipse Acquisition Brings Payment Alliance Int’l 15K More ATMs

PYMNTS

ATM portfolio management tools and services firm Payment Alliance International (PAI) has acquired Arizona-based ATM operator Eclipse Cash Systems for an undisclosed sum. In June, it announced it acquired Massachusetts-based ATM operator ISA-Ecash.

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Moving Beyond The Limits Of ‘Cash And Dash’ ATMs

PYMNTS

ATM , as you likely know, is an acronym for automated teller machine. We should not forget why we have ATMs in the first place,” said Knievel. “So But it is important that ATMs are embedded in the digital strategy of the bank, too.”.

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ATM manufacturer Diebold Nixdorf adds branch-like capabilities

Bank Innovation

Against the tide of dropping ATM numbers globally as customer use cash less often, Diebold Nixdorf is adding capabilities to its ATM machines to encourage adoption. IoT & Wearables Premium Retail Banking ATMs BNP Paribas Diebold Nixdorf Federal Reserve

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Bitcoin Daily: 7,000 Crypto ATMs Worldwide, Data Says; Marshall Islands Plans National Digital Currency

PYMNTS

In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported. There are said to be 42 makers responsible for the machines, and the world was introduced to the concept of a bitcoin ATM in 2013.

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As ATM Thefts Rise In Europe, Europol Urges Safeguards

PYMNTS

Europol, the European Union police organization, is calling for increased security and vigilance in response to a string of attacks on ATMs throughout the continent, according to a report by the Associated Press. In a press release , RBR said the number of ATMs stood at 3.24

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The Wireless ATM Store leaps ahead

ATM Marketplace

The Wireless ATM Store and ATM Partner, have operated for nearly two decades, focused on wireless communications and ATM sales and processing

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Hitting the ground running: Meet ATM Marketplace's new editor

ATM Marketplace

ATM has a new editor, Pat Shea, and she welcomes reader insight, story ideas and feedback as the ATM and financial industry are grappling with the serious challenge of COVID-19

Cash, payments and the future of ATMs — your 2020 spoiler alert

Mobile Payments Today

What does this mean for the future of cash and ATMs? ATM historian Bernardo Batiz-Lazo explores the topic in his latest blog post According to some economists, we've been experiencing an extended period of slow growth since the 1970s.

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ATM Restart Overview

ATM Marketplace

Save $1,000 a Year with the ATM Restart. The ATM Restart pays for itself plus nearly 6 years of wireless data in the first year

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What's the future of the ATM industry?

ATM Marketplace

The sixth edition of the ATM Future Trends report, which includes the results of an extensive survey and industry insights from ATM thought leaders, is available

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Actively Defend ATMs Against Jackpotting

ATM Marketplace

Actively defend ATMs from the latest type of security breach

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Chase Is Tiptoeing into Cardless ATMs as Banks Look to Defend 50-Year-Old Workhorse

Bank Innovation

Chase Bank is tiptoeing into the world of cardless ATMs for consumers — catching up to the likes of Bank of America and Wells Fargo. Cards Exclusive Mobile Operations Technology ATMs BofA Chase PINs

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Convenience Stores Losing ATMs In UK Over Higher Fees

PYMNTS

A decline in ATM usage in the U.K. has left many people resorting to only using their local shops to withdraw cash, due to a declining number of bank branches and free-to-use ATMs. There were seven ATMs within distance of him, and his was the only one that was free to use.

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The role of ATMs and cash access in the digital banking era

Mobile Payments Today

Amid rapid changes in the cash economy and the rise in digital payments, the ATM is likewise facing challenges that have led to an evolution that will meet the demands of a new generation of customers

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The ABCs Of ATM Fraud

PYMNTS

The ones at the ATMs in the back of the convenience stores that covertly took down your account numbers and PINs? Because when it comes to ATMs, ATM operators have a lot more to worry about. News earlier this month that compromises at ATMs (read: fraud) were at the highest levels in 2015 than had been seen in years (according to FICO) brings back some concerns over how strong security is, or isn’t, at the point of cash dispensing. Remember those skimmers?

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ATM & Mobile 101

Mobile Payments Today

This report provides guidance for ATM deployers considering the integration of their ATM and mobile channels

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ATM Killer Spare Releases v. 3.0 of App

Bank Innovation

The mobile payments app Spare wants to kill the ATM. More specifically, Spare wants to give customers access to cash from merchants for less than the cost of an ATM fee, and more security. Commerce Mobile Payments Security Startups Technology ATM Mobile Payments Spare

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Anti-Fraud ATM Blocks Mobile Phone Scams

PYMNTS

Hitachi is teaming up with a regional bank in Japan to introduce anti-fraud ATMs. The machines are designed to stop users from being conned into transferring money from their bank accounts at an ATM by preventing transactions from completing if it detects the person is using a mobile phone, Bloomberg reported. Joyo Bank, a regional lender located north of Tokyo, will begin operating the new anti-fraud ATMs early next year.

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ATMs Are Moving ‘Up the Stack’ in Branches of the Future

Bank Innovation

Automated teller machines — ATMs — have been around for decades now. Currently, there are 425,000 active ATMs in the U.S. Corporate Exclusive Features Operations Amazon Go ATMs Diebold Nixdorf td bank

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Early payroll pact expands access to wages at ATMs

Payments Source

Advance wage access company Branch has partnered with Cardtronics’ Allpoint ATM network to provide surcharge-free cash access at all Allpoint ATMs across the U.S. Interchange fees ATMs Payroll Fee income Cash Cardtronics

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