Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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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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PYMNTS

DECEMBER 20, 2016

Unattended retail will be a $275 billion-a-year industry in three years. Once the purview of soda machines and candy dispensers, the unattended environment now includes everything from non-bank ATMs to parking kiosks to coffee machines to fancy vending machines that dispense electronics and even cars.

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PYMNTS

SEPTEMBER 12, 2017

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Cisco

NOVEMBER 16, 2020

Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Build together the Secure Retail Bank of the Future.

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PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. PbBa is designed to work with the security of a consumer’s own bank.

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NCR

FEBRUARY 24, 2017

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. Useful extras. Brand exposure. ” New customer experiences.

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NCR

FEBRUARY 14, 2017

Some businesses might view investing in modernization and innovation as a risk. But in industries like retail banking, where technology is at the heart of change, staying still is more likely to be one of the biggest risks a financial institution (FI) could take, such is the anticipated pace of change in the next few years.

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NCR

FEBRUARY 17, 2017

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.

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NCR

AUGUST 10, 2017

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? They could also give retailers greater access to customer data and preferences, leading to more relevant services and recommendations.

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PYMNTS

FEBRUARY 26, 2020

The card is reloadable and can be used on any service (gaming, hospitality, entertainment and ATMs) at the resort, in brick and mortar retail worldwide, and online. . Sightline also integrated Smart Money, a program that works with guests’ iOS and Android mobile devices at retailers. There are more than 2.5

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PYMNTS

OCTOBER 11, 2017

A century later, Diebold went public and got into the ATM business. That’s because retailers have so far been quick to jump on the connected commerce bandwagon. But, he added, with many banks thinking about how to leverage technology and innovation to better serve clients, getting executives to engage has become easier.

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PYMNTS

MARCH 1, 2017

Creating innovation that’s both meaningful and lasting requires more than just coming up with a great idea. PYMNTS: How would you define your company’s approach to innovation? TC: Traditionally, we’ve relied on our partners and client advisory committees to help direct our innovation, which in a way made us a fast follower.

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NCR

DECEMBER 21, 2015

Three barriers to banking innovation: For banks to succeed in the coming year, they need to focus on customer satisfaction, exploring new ways to improve management and technology innovation , which is outlined in this article. Articles via The Financial Brand, Banking Exchange, NCR Blog.

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PYMNTS

DECEMBER 31, 2020

That’s happening as ATMs become ITMs to take on their renewed role in branch banking. “A A survey from September 2020 found that 54 percent of Americans desired a contactless way to open new financial accounts or access existing ones, and new ATMs are being developed to meet these demands,” per the Tracker.

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PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept.

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PYMNTS

JANUARY 19, 2021

Fraudsters have unfortunately also carefully followed this payment trend, with skimming, prepaid card and ATM fraud all seeing upticks recently — especially in regard to debit transactions. FIs are thus rethinking their approaches to online payment security, especially as it relates to debit.

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PYMNTS

FEBRUARY 2, 2018

ATMs in and around U.S. In the Lounge, guests will have the opportunity to try out a contactless payments experience featuring Diebold Nixdorf’s latest concepts — and some other innovations, too. “We Acheson said the exhibition is important because user experience is such a growing area of focus for banks and retailers.

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NCR

MARCH 27, 2017

In the financial services industry today, innovation can take many forms. One concept we can expect to become increasingly common is contactless withdrawal from ATMs. Developments in technology have made it possible for people to use ATMs without physically entering their card into the machine. A developing technology.

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PYMNTS

APRIL 11, 2017

Through a new partnership, FIS Mobile and Cardtronics are addressing one of the most vulnerable touch points when it comes to accessing cash — non-bank ATMs. Doug Brown, SVP and group executive for FIS Mobile , announced exclusively to PYMNTS that it will expand its cardless cash ecosystem to now include Cardtronics non-bank ATMs. “We

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ATM Mobile Innovation Security 103

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Retailers that sell alcohol must be able to understand exactly which products they have in stock, and which products are generating the most revenue for the business.

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Bank Innovation

FEBRUARY 26, 2016

At JPMorgan Chase’s Manhattan headquarters, digital technology and interior design came together in a model branch that Bank Innovation toured last week. As with many branch-of-the-future models, self-service via tablets and enhanced ATMs, as well as fluid movement around the space, are Read More.

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PYMNTS

NOVEMBER 19, 2020

It will apply to everything including parking, concessions, retail, mobile ordering and other such things, the release says. Super Bowl LV, as the COVID-19 pandemic continues to rage and shows no signs of dissipating before the event, will now feature digital payment acceptance to help customers avoid contact that could transmit the virus.

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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.

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PYMNTS

JANUARY 20, 2019

Bitcoin ATM company Coinme is partnering with Coinstar to allow bitcoin purchases through Coinstar kiosks at select Safeway or Albertsons stores in California, Texas and Washington state. There are plans to launch in additional markets and retailers in the future. For those that don’t want to go through an exchange, some U.S.

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PYMNTS

JANUARY 22, 2021

PYMNTS January 2021 Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company, notes, “Banks, government agencies and retailers have scrambled to adjust to consumers’ digital spending and payment shifts during the pandemic, but doing so swiftly has presented security challenges.

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Banking 2020

OCTOBER 23, 2015

For 50 years, the name “ATM” has been synonymous with cash. With that in mind and the recent news that ATM-maker Diebold plans to acquire ATM-maker Wincor-Nixdorf, it’s unsurprising that the deal would come down to cash. With all of these pressures on retail banking, the industry needs innovation more than ever before.

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PYMNTS

MAY 30, 2016

The gambling man knows that of all the far-fetched predictions about automation in the retail workplace, the only sure-fire bet is that it sure is coming. Retailers and processors have their reasons for why they might not want to exercise an open-door policy when it comes to accessing their internal payments data.

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PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. The number of activated payroll cards in the U.S. rose from 3.1 million in 2010 to 5.9 million by 2022.

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PYMNTS

FEBRUARY 14, 2017

According to a report , Diebold Nixdorf is partnering with Air Bank because it has been able to innovate and enhance the consumer experience with the CS 2020 cash dispenser, software and services. Diebold Nixdorf is teaming up with FinTech startup Air Bank in the Czech Republic.

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Bobsguide

JUNE 3, 2022

Banca Carige Smart, the new intelligent branch model enabled by Auriga #NextGenBranch solutions, combines digitalisation with a human touch for an innovative customer experience. To guide customers, branch staff perform Meeter and Greeter roles to help users familiarise themselves with digital devices, as well as authenticate them.

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PYMNTS

APRIL 11, 2019

FIs are now competing fiercely to ensure that consumers are choosing their mobile banking services over their rivals’ as customers seek apps offering more speed, security and other capabilities. Piloting digital innovations in a mobile banking world. Even people who are all in on their mobile phone probably still go the ATM.

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PYMNTS

SEPTEMBER 17, 2020

Though the pandemic has spurred a decline in cash use and acceptance, according to the bank, and banks have “rationalized” ATM fleets, there still is “importance” in keeping access to cash in place. That approach differs from the “wholesale” payments explorations that are increasingly in focus in other countries.

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PYMNTS

APRIL 4, 2019

And those relationships, she noted, are an excellent starting ground for succeeding with innovations “where other technology platform have recently failed.”. Banks need to expose more of their security aspects to consumers so they can seem them in action.

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Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

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PYMNTS

NOVEMBER 1, 2018

report: “The rise of digital innovators in financial services presents a significant threat to the traditional business models of retail banks.”. FinTech firms, instead of seeking to break through the banking walls and create a new payments world, are instead “helping to enable many of those innovations for those banks.”

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PYMNTS

JULY 11, 2018

Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with attractive rates and no fees to customers across the United States. Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank.

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