article thumbnail

Are ATMs The ‘Mini-Branch’ Of The Future?

PYMNTS

The ATM isn’t living up to its full potential, a fact that’s really starting to come into focus for financial institutions (FIs) under COVID-19. The days of the ATM serving as just a quick cash dispensary are numbered, Sonia Sedler , Diebold Nixdorf ’s global head of managed services and banking strategy, told PYMNTS in a recent discussion.

ATM 296
article thumbnail

Old ATM Gets Big Upgrade As NCR Unveils ‘NextGen’ Cash Machine

PYMNTS

As the banking world goes increasingly digital, the clunky old ATM is getting a badly need reboot. 5) unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. on Monday (Oct.

ATM 158
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Chase Leverages Sapphire Brand for New(ish) Checking Account

Bank Innovation

JPMorgan Chase announced that it was rolling over customers with a Chase Premier Platinum checking account to its better-known consumer brand, Chase Sapphire.

Branding 186
article thumbnail

UnionPay To Roll Out Branded Card In The UK

PYMNTS

China’s UnionPay , the payment card issuer, is gearing up to roll out branded cards in the U.K. In early December UnionPay plans to issue branded credit cards in other parts of Europe as well. “In as it expands more into Europe, aiming to take on Visa and Mastercard.

Branding 177
article thumbnail

CO-OP Financial Brings More Personalization To ATMs

PYMNTS

In an effort to help credit unions provide digital-first services to consumers, CO-OP Financial Services announced news on Thursday (April 12) that it is launching enhancements to its ATM Terminal Driving solution, including new personalization capabilities and upgraded hardware and software support.

ATM 108
article thumbnail

The many possible uses of the ATM

NCR

The ATM is now 50 years old, having made its debut at Barclays’ branch in Enfield, North London in 1967. The ATM has become a vital component of the global banking system, offering just as many benefits for financial institutions (FIs) as it does for consumers. Brand exposure. Useful extras.

ATM 85
article thumbnail

Making the ATM part of a truly omnichannel service

NCR

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. Image: iStock/Piranka.

ATM 85