article thumbnail

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.

ATM 158
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.

article thumbnail

4 Must-Have Features in ATM Testing Software

ATM Marketplace

Providing a seamless customer experience is crucial for the success of any ATM fleet owner. A smooth payment process, efficient ATM operation, and quick market launch of new products and services all contribute to a better consumer satisfaction. Ultimately, this results in higher profits and a thriving business.

ATM 62
article thumbnail

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. PAI provides scale, as well as industry-leading portfolio management tools for our market partners. PAI has had a busy summer.

ATM 128
article thumbnail

Virtual Tellers And Workhorse ATMs: Banking’s New (Digital-First) Normal

PYMNTS

The ability to bring new services to market, to pivot quickly, will be critical as states begin to reopen across the next few months. Brown recounted that branch hours had been restricted if branches are operating at all. Reinventing The ATM. Now, he said, “the need for a platform like this is more important than ever.”.

ATM 307
article thumbnail

Moving Beyond The Limits Of ‘Cash And Dash’ ATMs

PYMNTS

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.

ATM 158
article thumbnail

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

PYMNTS

Algorand was selected after extensive market research among the leading protocol options,” SFB Technologies Co-Founder and CTO Jim Wagner said in the announcement. In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported. At that time, Robocoin put a machine in a café in Vancouver.

ATM 168