PYMNTS

JUNE 1, 2020

When the very first one appeared at a Barclays branch in London back in 1967, who could have imagined that the clever Automated Teller Machine (ATM) would emerge decades later as a hero of the great COVID-19 pandemic of 2020? Elevate the ATM experience’. What were your members not able to accomplish with your ATMs?

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PYMNTS

OCTOBER 6, 2020

In today’s top news in digital-first banking, Bank of America has launched its Life Plan program, while United Airlines and Chase Card Services launched a United Gateway credit card. unveiled its new generation of automated teller machine (ATM) operating software. Plus, NCR Corp.

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PYMNTS

MAY 7, 2020

Brown recounted that branch hours had been restricted if branches are operating at all. Reinventing The ATM. Banking in the post-pandemic age, and with a “digital-first” mindset may also see a reinvention of the ATM, said Brown. Now, he said, “the need for a platform like this is more important than ever.”.

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ATM Examples Mobile Community 307

PYMNTS

SEPTEMBER 10, 2019

ATM , as you likely know, is an acronym for automated teller machine. But, as is the case with so much in banking, technology can make the ATM a potent tool for customer engagement — boosting ROI, too — if financial institutions (FIs) leverage a holistic approach with the machines themselves, with a focus on self-service use cases.

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ATM Examples Course Strategy 158

Bank Innovation

JUNE 2, 2017

Chase Bank is tiptoeing into the world of cardless ATMs for consumers — catching up to the likes of Bank of America and Wells Fargo. The ATM has been a workhorse for the financial industry but as it crosses its 50th birthday, the ATM is facing competition from mobile phones and cashless transactions at the register. […].

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ATM America Mobile Industry 324

PYMNTS

NOVEMBER 22, 2018

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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ATM Payments Compliance Google 187

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit.

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Operations ATM System Cards 139

PYMNTS

AUGUST 13, 2018

The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.

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ATM Cards Security Regional 146

PYMNTS

APRIL 11, 2019

Coinbase , the cryptocurrency exchange operator, announced Wednesday (April 10) the launch of the Coinbase Card in the U.K., which is a Visa debit card that lets customers in the U.K. Customers are able to use the card in millions of places around the world. The Coinbase Card is only available in the U.K.,

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Cards Bitcoin cryptocurrency ATM 215

PYMNTS

APRIL 23, 2019

United Arab Emirates (UAE)-based First Abu Dhabi Bank is rolling out a payroll card solution for the market via its Mercury payment operator unit, reports in Verdict said on Monday (April 22). Mercury currently operates more than 140,000 POS terminals in the UAE, the announced noted. . ”

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Cards ATM System Operations 144

PYMNTS

MARCH 7, 2019

The Reserve Bank of India (RBI) made a move on Thursday (March 7) to relax the rules for white-label ATM operators, enabling them to purchase wholesale cash from the bank. These ATM providers are owned and operated by non-bank companies on behalf of the banks.

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ATM Operations Regional Regulation 108

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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PYMNTS

JUNE 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

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ATM Technology United States Security 117

PYMNTS

MAY 30, 2016

India’s vast ATM network is set to get a major facelift. The Reserve Bank of India has announced a timeline for the country’s vast ATM network, which constitutes close to 200,000 ATMs, to migrate from accepting mag stripe cards to accepting chip and PIN based cards. ” .

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ATM Cards Survey Operations 100

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

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Cards Security ATM Data 151

PYMNTS

JANUARY 9, 2020

Edenred is acquiring Mint ’s payroll card portfolio to bolster its leadership in the United Arab Emirates (UAE), Edenred announced Thursday (Jan. The 600,000 people using Mint payroll cards will now be able to tap a full suite of new services with the C3 card and app. Edenred’s operations focused mainly on Dubai.

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PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Expensify Links Cards To Booking. Emirates Islamic Launches Cards For SMBs.

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Cards Management Tools Report 169

PYMNTS

JUNE 15, 2016

Nautilus Hyosung America (Hyosung) announced the availability of its new mobile application that’s designed to help merchants and ATM operators manage Hyosung ATMs directly from a mobile device. The MoniMobile app is aimed at revamping the full management capabilities of Hyosung ATMs. ”

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ATM Management Mobile Video 100

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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Cards Online Fraud social media 192

PYMNTS

MAY 19, 2016

ATM skimming just got taken to the next level. Kaspersky Lab announced new research regarding a hacker collective, known as the Skimer group, that uses malware to essentially make an ATM steal users’ money. Instead of putting skimmer devices on the ATM, this group makes the entire ATM a skimming device.

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PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release. “In

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PYMNTS

AUGUST 14, 2018

According to the report, citing a senior bank official, the hackers used a malware attack to clone thousands of the bank’s debit cards over the course of two days. 12 via 25 ATMs that were located in Canada, Hong Kong and India. The fraud was carried out on Aug. 11 and Aug. The hack comes as the FBI in the U.S.

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Cards ATM Fraud Course 102

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

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PYMNTS

JULY 13, 2016

A group of masked robbers are suspected of using a computer program to hack into ATMs in Taiwan to steal more than $2 million. The thieves are believed to have targeted more than 30 ATMs belonging to Taipei-based First Commercial Bank, The Times Of India reported on Tuesday (July 12). From there, the ATM becomes a skimmer itself.

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ATM Groups Cards Security 100

PYMNTS

JULY 9, 2018

is expanding payroll card operations across the African continent, a market that represents significant growth for the company. A recent press release said Mint has entered into an agreement to process Mastercard -branded payroll cards to disburse salaries to government employees. The Mint Corp.

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Cards ATM Mobile Operations 100

TheGuardian

FEBRUARY 9, 2024

Britain’s biggest supermarket group has agreed to sell its credit card, loans and savings operations to Barclays but will retain profitable elements of Tesco Bank, including its insurance, ATM, travel money and gift card operations.

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ATM Cards Operations Branding 83

PYMNTS

APRIL 18, 2019

Now, an unsealed indictment shows how the Manhattan DA’s office was able to take down the vendor after receiving a tip in 2017 about suspicious ATM withdrawals. Over the course of their operation, the men shipped more than 1,000 packages to buyers in 43 states, and laundered $2.3 via Dream Market, the dark web bazaar.

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ATM Online New York Bitcoin 100

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.

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Analytics Fraud ATM Report 266

ATM Marketplace

NOVEMBER 21, 2018

Built to increase the channel’s profitability, YB ATM is the only end-to-end ATM software solution available incorporating a versatile switch, rich dynamic client, powerful card management system with real time operational and business tools.

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ATM Software Tools System 48

PYMNTS

DECEMBER 9, 2016

The Monetary Authority of Macau is making a move to cut the amount of cash China UnionPay cardholders can withdraw from ATM machines in half within the world’s largest gambling market, South China Morning Post reported. casino operators, and since the news broke, stock prices for many of those operators have taken a hit.

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ATM Las Vegas Operations Capital 100

PYMNTS

OCTOBER 6, 2020

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. and Australia helped depress Q3 earnings revenue for Cardtronics , the world’s largest owner of ATMs. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8

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ATM Cards Operations Regional 155

FluentBanking

APRIL 3, 2020

Automated Teller Machines (ATM) booth is an electronic machine that enables the customer to withdraw money using electronic cards commonly known as debit or credit cards. It is helpful in the sense that, it is a self-operated machine and does not require any banker to withdraw the money from it.

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ATM Cards Operations 52

Payments Source

JULY 5, 2016

By October of this year, ATM owners in the U.S. have to replace or upgrade their machines to accept chip cards or face liability for certain types of fraud.

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ATM Cards Fraud Operations 68

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

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Cards New York Lending Strategy 131

NCR

FEBRUARY 21, 2017

It’s come a long way since 1967, when the very first ATM was installed in London. Today, the ATM is one of the most familiar features of the retail banking landscape. Let’s take a look at some of the key developments that have made the ATM what it is today. The ATM arrives. The introduction of the PIN.

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ATM Innovation New York City New York 85

SWBC's LenderHub

AUGUST 20, 2018

Unlimited Operation" Schemes Threaten Financial Institutions. Unspecified reporting obtained by the FBI indicates cyber criminals are planning to conduct a global automated teller machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an “unlimited operation.”.

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ATM Operations Cards Industry 60