1031 articles tagged with this keyword
News/payments
Pop-up post offices, purchase-free in-store cash back and a financial hub inside a church are among the ideas being tested to help communities across the UK retain free access to cash.
23 September 2020
News/retail
The UK's Financial Conduct Authority has warned banks that every time they plan to close a branch or ATM they will need to provide an analysis of the impact on customers' access to cash.
14 September 2020
News/security
Chilean bank BancoEstado closed all of its branches on Monday in response to a ransomware attack over the weekend.
08 September 2020
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.
07 September 2020
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.
02 September 2020
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.
27 August 2020
Diebold Nixdorf has alerted banks in Europe to a novel type of black box jackpotting attacks on its ProCash 2050x ATM terminals.
20 July 2020
News/regulation
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.
16 July 2020
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.
11 June 2020
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.
10 June 2020
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.
03 June 2020
News/inclusion
Welcome Technologies, an outfit that works to support immigrants to the US, has joined forces with Green Dot on a digital banking product.
29 May 2020
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.
26 May 2020
ATM manufacturer Diebold Nixdorf has suffered a ransomware attack on its corporate network, disrupting some operations.
14 May 2020
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.
08 May 2020
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.
05 May 2020
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.
29 April 2020
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.
20 April 2020
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.
25 March 2020
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.
19 March 2020
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