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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.

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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.

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ATM-as-a-Service – A Strategic Step on the Transformation Journey?

Gonzobanker

Moving from a traditional CAPEX model to an “as-a-service” OPEX model could be the key to transforming banks’ ATM/ITM channel. ATMs have changed a bit in the last few years. We understand how many financial institutions hard at work on their digital transformation strategies have pushed the ATM channel to the back burner.

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The Role Of ATMs In Bank Omnichannel Strategy

PYMNTS

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that.

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How can off-premise ATMs help build and promote your brand?

NCR

As retail banking branches transform to become more service-oriented channels in the coming years, the ATM will also have to step up to handle more of the transactional interactions that make up the majority of most people’s contact with their bank. Harnessing the off-premise ATM. million (50 percent) of the 3.2

ATM 58
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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

Online retailer Allegro.eu Answear.com sells brands including Levi's, Adidas, Tommy Hilfiger and Calvin Klein Jeans, according to its website. MCI management team member Maciej Kowalski told Bloomberg the shift of Poles to digital commerce has accelerated so much because of the pandemic that the “process can't be stopped now.”.

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