PYMNTS

OCTOBER 20, 2017

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.

ATM 101

ATM Operations Customer Experience Security 101

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

ATM 100

ATM National New York City New York 100

PYMNTS

NOVEMBER 8, 2017

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.

ATM 126

ATM Strategy Mobile Millennials 126

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. WWS differentiates itself from older, increasingly restricted, and outmoded methods of integrating ATMs with other banking systems and services.

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. One area where the Intelligence of Things (IoT) technology could have the most impacts in the months and years to come is smart cities , with the inclusion of areas such as autonomous transit and smart electrical grids.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. But innovation efforts continue for retail pharmacy operations. That’s not the only area of innovation in this part of the retail world. Delivery Push.

Innovation 136

Innovation Retail United States ATM 136

PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. 3D Secure 2.0 The Face of Fraud. Not all CP purchases are equally safe, however.

Fraud 273

Fraud Strategy Security Cards 273

PYMNTS

MARCH 22, 2019

In such scenarios, the convenience offered by eCommerce sites falls short while on-the-ground retail wins the day. Unattended retail solutions are well-suited to providing items like convenience goods, over-the-counter healthcare products or consumer electronics to passersby in high-traffic areas, Smith said.

Retail 116

Retail Branding System Data 116

PYMNTS

MARCH 22, 2016

The consumer transaction technology provider said its payment service, which has supported multi-host online/offline payment processing within the retail industry since 1999, offers secure, site-based payment processing and is deployed by both large and small operators. merchant companies who are also clients.

Data 100

Data Security Payments ATM 100

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.

ATM 85

ATM Customer Experience Examples Innovation 85

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.

ATM 85

ATM Innovation New York City New York 85

PYMNTS

MAY 4, 2017

Among the core reasons for this: The perception that the use of cash was more secure. There’s an immediacy aspect of cash,” Bailey said, whether done at the teller in a branch or increasingly at the ATM. Another lure, according to Pierce: “Being able to budget their money.”. Cash as a Budgeting Tool.

ATM 192

ATM Millennials United States Study 192

NCR

FEBRUARY 14, 2017

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. Some businesses might view investing in modernization and innovation as a risk.

Retail 75

Retail ATM Innovation Security 75

NCR

JUNE 30, 2017

It’s a special time for the ATM industry right now, as this week marks the 50th anniversary of the world’s first-ever commercial ATM going into operation. Recent forecasts from Retail Banking Research highlight that over 3.1 million ATMs are currently installed around the globe. Beyond cards and PINs.

ATM 92

ATM Video Trends Cards 92

NCR

OCTOBER 13, 2017

As easy as it might be to perceive a big divide between the modern-day mobile space and more traditional, physical banking via the branch and ATM , it’s becoming increasingly clear that these channels can function in harmony and complement one another. Bringing the ATM and mobile together. The issuing bank funds a virtual card.

ATM 96

ATM Innovation Mobile America 96

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.

Data 232

Data Security ATM Tools 232

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.

Retail 118

Retail ATM San Francisco Chicago 118

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.

ATM 85

ATM Mobile Strategy Fraud 85

NCR

SEPTEMBER 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. But what about the impact of EMV in other areas, such as the ATM. The effect on skimming rate.

ATM 75

ATM Fraud Illinois Cards 75

PYMNTS

OCTOBER 28, 2016

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. The average rate of a new bitcoin ATM? But maybe ATMs won’t indeed be the way that people access bitcoin.

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

Payments Source

JUNE 13, 2018

Rising technology expense and security challenges will require institutions and ATM operators to get more creative in managing resources, such as finding new uses for discarded machines, according to Mark D. Smith, director of business development for MVP Financial Equipment.

ATM 64

ATM Resources Security Operations 64

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. BMO on Taking a Digital-First Approach to Retail Banking. Bank client preferences have moved toward self-service technologies over branch visits in recent years because of ease of use and improved convenience.

Cards 131

Cards Technology social media Meeting 131

Independent Banker

AUGUST 31, 2015

The rise of electronic transaction channels has transformed the banking industry, making smaller, less expensive branches a reality and sparking new opportunity for the ATM. Today’s advanced technology provides new ways for ATMs to deliver a secure, enhanced customer experience, lower costs and increased revenues.

ATM 70

ATM Branding Technology Retail 70

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. The first EMV card was developed in 1994, but the technology did not begin circulating worldwide until the new millennium.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

FEBRUARY 3, 2020

Fraudsters are increasingly savvy, though, and retailers cannot afford to relax much. . Debit card fraud can have far-reaching consequences that extend beyond those of credit card fraud, as debit technologies link directly to customers’ bank accounts.

Fraud 131

Fraud Cards Tools ATM 131

ABA Community Banking

OCTOBER 16, 2014

Security, deposit automation, Windows 7 migration top reasons Retail Banking Technology Branch Technology/ATMs. 1Technology'

ATM 61

ATM Retail Security Technology 61

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.

Industry 219

Industry Payments Retail Regulation 219

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.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

OCTOBER 30, 2019

Global ATM owner and operator Cardtronics released its third quarter earnings report, and the company’s total revenues were up 3 percent, from $340.2 ATM operating revenues were up as well — to $333.4 Securities and Exchange Commission. million the year before to $351.5 million, according to a press release from the company.

ATM 100

ATM Operations Bitcoin cryptocurrency 100

PYMNTS

NOVEMBER 18, 2020

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Distributed ledger technologies (DLT) could also play a greater role in supporting businesses that want to deliver funds across borders to their workers. How Mobile Apps Are Easing Retail Payments In India.

Mobile 220

Mobile Payments Cards Retail 220

NCR

MARCH 27, 2017

An openness to technology-driven growth and modernization can be the key to unlocking everything from more efficient business processes to a better customer experience. One concept we can expect to become increasingly common is contactless withdrawal from ATMs. A developing technology. Banks should always be looking forward.

ATM 40

ATM Cards Examples Technology 40

PYMNTS

NOVEMBER 21, 2016

are facing a class-action lawsuit by consumers that allege they colluded to raise the cost of ATM access fees in what they say is a violation of antitrust law. They want damages for both consumers and the operators of the ATMs. Atlanta-based Home Depot said new payment cards with “chip” technology remain less secure in the U.S.

ATM 100

ATM Atlanta Security Fraud 100

ABA Community Banking

APRIL 7, 2015

Uses Apple TouchID to provide security Retail Banking Technology Channels Branch Technology/ATMs. 1Retail Banking'

ATM 40

ATM Mobile Apple Retail 40

NCR

AUGUST 4, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. But what about the impact of EMV in other areas, such as the ATM. The effect on skimming rate.

ATM 40

ATM Fraud Illinois Cards 40

PYMNTS

JULY 3, 2020

Banks’ security efforts depend on analyzing consumers’ transaction histories to gain firm understandings of their normal behaviors, enabling financial institutions (FIs) to spot unusual activities that could suggest fraudsters are involved. Defending Agains Fraud During Periods Of Reopening .

Fraud 180

Fraud Cards Tools Florida 180

NCR

APRIL 8, 2016

With over 3 Million ATMs now installed globally, thankfully most of us don’t have to venture far. The current ratio of ATMs compared to population is 420 per million (source: Retail Banking Research – Global ATM Market and Forecasts to 2020). Wells Fargo operates a pair of NCR ATMs at McMurdo Station near the South Pole.

ATM 40

ATM Alaska Operations US 40

PYMNTS

MARCH 8, 2019

At the same time, new technologies such as biometrics are emerging in the fight against fraud. And an initiative tied to a consortium of companies is looking to redefine how automated teller machine (ATM) applications are built and used. million: The number of ATMs in the world that run on Windows operating systems.

ATM 189

ATM Regulation Fraud Data 189