Automated teller machines and network services

1028 articles tagged with this keyword

/payments

HSBC develops AI-based tool to keep cash machines replenished

HSBC in Hong Kong is using an AI-based cash withdrawal forecasting tool to make sure that its network of 1200 ATMs don't run out of money.

/retail

Monzo bids to cut costs with new fees for ATM withdrawals and lost cards

Monzo is to slap free-loading users with a three percent charge for ATM withdrawals amounting to over £250 per month and a £5 fee for replacing lost cards.

/security

US warns North Korean hackers are back

US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs.

/security

Diebold Nixdorf warns banks of compromised ATMs

Diebold Nixdorf has alerted banks in Europe to a novel type of black box jackpotting attacks on its ProCash 2050x ATM terminals.

/regulation

FCA warns banks that access to cash is a regulatory priority

The Financial Conduct Authority has made it clear to banks that maintaining access to cash in local communities remains a regulatory priority that the industry should take on board when making decisions on the future of their branches and ATMs.

/payments

Brits go weeks without using cash during Covid-19 lockdown

Brits have gone an average of 44 days without using cash as they ditch notes and coins for contactless payments during the Covid-19 pandemic, according to a survey from Nationwide Building Society.

/retail

CaixaBank to roll out facial recognition ATMs across Spain

Caixabank is embarking on a project to roll out facial recogntion technology at 100 ATMs throughout Spain, enabling users to make withdrawals without using a PIN code.

/payments

Australia central bank mulls lowering e-payments charge

The Reserve Bank of Australia (RBA) is considering reducing the charges applied to certain payments due to the high number of people opting for contactless methods in response to the Covid-19 pandemic.

/inclusion

Mobile banking service for US immigrants launches

Welcome Technologies, an outfit that works to support immigrants to the US, has joined forces with Green Dot on a digital banking product.

/payments

MPs warn of danger to cash as ATM withdrawals plummet

MPs from across the House of Commons have called on the Chancellor to act now to protect the UK cash infrastructure from imminent collapse, as people shun ATMs due to the Covid-19 outbreak.

/security

Diebold Nixdorf hit by ransomware attack

ATM manufacturer Diebold Nixdorf has suffered a ransomware attack on its corporate network, disrupting some operations.

/retail

Monkey business: primate goes bananas at ATM

Humans may be avoiding cash during the Covid-19 pandemic but one of our primate cousins was less discerning this week as it ripped up an ATM.

/retail

Video banking on the rise during Covid-19 pandemic

Having gradually gained in popularity over the last few years, video banking is set to break out in the era of social distancing, says industry research outfit RBR.

/payments

UK cash withdrawals plummet 60% during Covid-19 lockdown

The Covid-19 pandemic is radically changing cash usage in the UK, with ATM withdrawals falling 60% during the lockdown and three quarters of Brits reporting that their use of paper money is down.

/payments

Russians hoard cash over Covid-19 fears

Russians have responded to the Covid-19 pandemic by stockpiling cash, withdrawing more physical money from ATMs and bank branches in the last few weeks than in the whole of 2019.

/payments

Cash usage in Britain drops by half

Cash usage in Britain has halved in just a few days following the Government's imposition of a nationwide lock-down on freedom of movement.

/retail

Covid-19: Canadian banks close some branches, cut hours at others

Canada's six biggest banks are closing some branches and reducing operating hours at others in an effort to promote social distancing and control the spread of Covid-19.

/retail

AIB sells 500 non-branch ATMs to Brink's

Irish bank AIB has agreed to sell its network of more than 500 non-branch ATMs to cash management giant Brink's. Financial terms were not disclosed.

/Automated teller machines and network services

HSBC to close more branches as mobile migration continues

HSBC will close another 27 UK branches this year in response to a dramatic fall off in customer visits in the face of digital alternatives.

/retail

Belgian banks call in Diebold Nixdorf for ATM services

A group of four Belgian banks and the country's postal service have enlisted Diebold Nixdorf to help them manage a new shared ATM network.