Automated teller machines and network services

1027 articles tagged with this keyword

/security

Dutch cops raid criminal network linked to ATM explosions in Germany

Dutch police have raided 25 locations in the Netherlands in an ongoing crackdown again a spate of of ATM bombings in Germany.

/regulation

Crypto ATMs the target of continued FCA crackdown

The Financial Conduct Authority (FCA) has been working alongside the South West Regional Organised Crime Unit in Yorkshire, the Humber Regional Organised Crime Unit, and the Nottinghamshire Police Force to continue its crackdown on unregistered crypto ATMs.

/security

Cybercriminals can now block contactless payments

Prilex, a malware that was used originally to infect ATM’s and then evolved to Point-of-Sales machines has been found by Kaspersky to have modifications which now allow it to block a consumer's ability to make contactless payments, forcing them to put their cards in the machine in a bid to steal Pin codes.

/retail

ATM withdrawals rise for first time in 13 years - Nationwide Building Society

Nationwide Building Society has recorded the first rise in ATM withdrawals for 13 years as Brits respond to the cost-of-living crisis by budgeting with physical money.

/retail

Art Basel ATM puts balances on leaderboard

A succession of millionaires, including DJ Diplo, have been lining up at Art Basel Miami Beach to flaunt their wealth at an ATM that shows users' bank account balances and photos on a leaderboard.

/inclusion

Nigeria limits ATM withdrawals to boost digital payments

The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency.

/payments

AIB makes u-turn on decision to scrap ATMs following backlash

In a media release circulated by Paddy McDonnell, head of media relations for AIB, the bank announced it will retain its 170-strong branch network and will not remove cash services from 70 of its branches - a reversal on its announcement earlier this week.

/retail

Ireland's AIB to scrap ATMs at 70 branches

Irish high street bank AIB is set to discontinue cash services at 70 of its branches in a move that has caused an outcry in rural Ireland.

/payments

Rogers outage shuts down Canadian banks' ATMs, POS and internet banking

Interac, a Canadian e-transfer service, is currently down due to issues with the Rogers network provider.

/payments

Raisin Bank moves into payments through acquisition

German BaaS player Raisin Bank is moving into the payments business after agreeing to buy a Bankhaus August Lenz unit. Financial terms were not disclosed.

/security

Cash trap crims get four year jail terms

Two men who used cash trap devices at ATMs to steal customer withdrawals have been sentenced at the Inner London Crown Court to a combined total of four years and six months in prison.

/startups

Nomo adds current account to SME fintech app

Nomo, the Banco Sabadell-backed fintech platform for the self-employed and SMEs, is adding a current account and virtual card to its offering.

/payments

PSR issues new access to cash directive to Link

Link's mission to ensure free and easy access to cash as the UK's primary cash machine network operator will remain under the purview of the Payment Systems Regulator, following a positive review of its performance by the watchdog.

/retail

BBVA launches digital retail bank in Italy

Spanish giant BBVA is making a push into the Italian retail banking market with the launch of a digital-only service.

/inclusion

Nationwide cards certified by Royal National Institute of Blind People

Nationwide Building Society has begun issuing ‘dot and notch’ embossed and recycled bank cards that are certified by the Royal National Institute of Blind People (RNIB).

/crypto

NCR to acquire crypto software house LibertyX

NCR is to acquire LibertyX, a provider of cryptocurrency software for ATMs, point-of-sale systems and kiosks.

/retail

Russia's VTB uses AI and Big Data to locate branches and ATMs

VTB, Russia’s second largest bank, has begun using artificial intelligence to determine the ideal locations for branches and ATMs.

/payments

FCA/PSR: Pockets of vulnerability remain but most UK consumers have reasonable access to cash

Research commissioned by the Financial Conduct Authority and the UK's Payment Systems Regulator finds that - contrary to popular belief - most people have reasonable access to cash through a combination of bank, building society, or Post Office branches and ATMs.

/startups

Payments startup Monavate raises £5m

UK startup Monavate has raised £5 million for its technology-enabled, compliance and card scheme sponsorship platform.

/security

OCBC rolls out facial verification for ATM transactions

OCBC Bank is rolling out facial verification technology to its network of ATMs, enabling users to check their balances and ultimately make cash withdrawals via a scan of their faces.