Latest Automated teller machines and network services News: Finextra Research

News/Automated teller machines and network services

RBI tires of slow progress by banks in switching off XP-based ATMs

The Reserve Bank of India has given the nation's banks a one-year deadline to migrate ATMs away from the Microsoft XP operating system, more than five years after support for the O/S was switched off by the Redmond-based tech giant.

25 June 2018

News/Automated teller machines and network services

Revolut launches in Russia

Digital banking startup Revolut is entering the Russian market after inking a deal giving it access to the payment infrastructure of local player Qiwi Bank.

07 June 2018

News/Automated teller machines and network services

UK digital challengers beating high street banks on customer satisfaction

Britain’s challenger banks are outperforming incumbents when it comes to overall customer satisfaction, according to research from vendor FIS.

29 May 2018

News/Automated teller machines and network services

Mitek buys AI and image analysis firm A2iA

San Diego-based digital identity and verification firm Mitek Systems has bought French AI and image analysis specialist A2iA for EUR42.5 million in cash and shares.

24 May 2018

News/Automated teller machines and network services

NYPD summons the Skim Reaper

The New York Police Department (NYPD) has begun trialling a new tool, dubbed the "Skim Reaper", that can quickly detect if an ATM or gas pump has been compromised by skimmers.

11 May 2018

News/Automated teller machines and network services

FNB rolls out biometric ATMs

FNB is to roll out 50 new banking kiosks that validate a customer's identity with the touch of a thumb at locations across South Africa.

09 May 2018

News/Automated teller machines and network services

China Construction Bank puts robots in charge of branch

China Construction Bank has opened a Shanghai branch staffed by robots and packed with facial recognition, artificial intelligence and virtual reality technology.

18 April 2018

News/Automated teller machines and network services

Barclays to shut off online services over holiday weekend to complete ring-fencing

Barclays customers will not be able to manage their accounts online, by phone or by app between Saturday night and Sunday afternoon as the bank carries out work on its systems to meet new regulations.

29 March 2018

News/Automated teller machines and network services

Cops bust EUR1m phishing scam gang

Cops in Romania and Italy have arrested 20 suspected members of a gang that used spear phishing to obtain victims' bank account details before stealing a total of around EUR1 million.

29 March 2018

News/Automated teller machines and network services

KBC makes some branches unmanned

As customers continue to migrate to digital channels, Belgium's KBC branch is closing eight of its branches in Flanders and making another 66 employee-free.

28 March 2018

News/Automated teller machines and network services

Cops bust mastermind behind $1 billion malware heists

The mastermind behind the Carbanak and Cobalt malware attacks on over a 1000 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Europol, the US FBI, the Romanian, Belarussian and Taiwanese authorities and private cyber security companies.

26 March 2018

News/Automated teller machines and network services

UK could scrap 1p and 2p coins

With Brits increasingly turning to electronic payments, the UK government has raised the possibility of ditching 1p and 2p coins and even £50 notes.

14 March 2018

News/Automated teller machines and network services

Customers fume as BB&T and TD Bank suffer major outages

Customers of BB&T and TD Bank have had a frustrating few days, with tech gremlins leaving many unable to access their mobile and online accounts and use ATMs.

23 February 2018

News/Automated teller machines and network services

Russia's Tinkoff Bank opens development hub

Russian digital bank Tinkoff has opened a development hub at a major Moscow innovation centre where a team of staffers will work on areas such as blockchain and biometrics.

09 February 2018

News/Automated teller machines and network services

US charges two over ATM jackpotting scheme

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash.

06 February 2018

News/Automated teller machines and network services

Link maps out interchange reduction plans

UK ATM network operator Link is to introduce a phased reduction in interchange fees paid by banks in a move that could see tens of thousands of cash machines disappear from the high street.

31 January 2018

News/Automated teller machines and network services

ATM jackpotting hits the US

The US Secret Service is warning that ATM jackpotting has finally hit American shores, with crooks using a known malware strain to cash out older Diebold units.

29 January 2018

News/Automated teller machines and network services

Link goes out to tender for infrastructure rebuild

The UK's Link ATM network is inviting Expressions of Interest for a 5-10 year contract to provide ATM switching and settlement services, the first time the contract has gone to competitive tender.

26 January 2018