Automated teller machines and network services

1034 articles tagged with this keyword

/inclusion

Link vows to protect free access to cash on every UK high street

UK ATM network Link has promised to ensure that every high street in the country will have free access to a cash machine.

/Automated teller machines and network services

ICICI Bank claims industry first with robotic cash counters

India's ICICI bank has claimed to be the first bank in the country to deploy industrial robotic arms to count currency notes.

/Automated teller machines and network services

Visa launches security suite

Visa has unveiled a suite of new security services and capabilities to detect and disrupt fraud threats targeting banks and merchants.

/Automated teller machines and network services

Caixabank rolls out facial recognition ATMs

Caixabank is introducing ATMs that enable customers to withdraw cash using just facial recognition technology at a new 2200 square metre branch in Valencia.

/Automated teller machines and network services

OCBC ATMs go cardless

Singapore's OCBC Bank has introduced cardless cash withdrawals across its entire estate of ATMs, enabling customers to draw down funds by scanning a QR code.

/Automated teller machines and network services

Link data highlights inexorable decline in cash usage

New data from the UK's Link ATM network shows an ongoing decline in the use of cash machines for withdrawing money and checking balances, as contactless cards and mobile banking services take hold.

/Automated teller machines and network services

$3 million ATM heist tied to Russian-speaking cyber-gang

A brazen $3 million heist from the ATMs of Bangladesh's Dutch-Bangla Bank has been traced to Russian-speaking cybergang Silence, a sure sign that the criminal network is branching out from its home country.

/retail

Dutch banks begin transition to joint ATM network

ABN Amro, ING and Rabobank have begun the process of transferring their ATMs to a new operator as they seek to adjust to a world where cash use is declining but customers still demand easy access to paper money.

/inclusion

UK banks commit to free access to cash

The UK banking industry is promising to work with local communities to ensure that Brits continue to have free access to cash as the country drifts towards a digital economy.

/Automated teller machines and network services

China UnionPay to offer European credit cards

The world's biggest card issuer, China UnionPay, has stepped up its European ambitions after striking a deal with a UK back-office startup, Tribe Payments, that will see it offer debit and credit cards in Europe.

/regulation

Raphaels Bank fined £1.89m for outsourcing failures

The UK's Raphaels Bank has been fined £1.89 million for outsourcing failures which left thousands of customers unable to use their payment cards on Christmas Eve 2015.

/Automated teller machines and network services

Which? raises alarm over ATM network charges

Britain’s free to use ATM network is on course to be "decimated" in the coming months unless urgent action is taken to protect access to cash, new research from Which? reveals.

/security

Physical ATM attacks show explosive growth

The number of physical attacks on ATMs in Europe has risen for the fourth consecutive year, although this was partially offset by a fall in the number of malware and logical attacks, according to industry association East.

/inclusion

Visa backs Branch for mobile-based lending in developing markets

Branch International, a San Francisco-based startup that uses mobile phones to offer loans to people without bank accounts in developing countries, has closed a $170 million Series C funding round led by Foundation Capital and Visa, which is also backing the firm through a strategic partnership.

/retail

JPMorgan Chase to open 90 branches this year

JPMorgan Chase will open up to 90 branches, employing 700 people, this year as its puts its faith in the ability of bricks-and-mortar and the human touch to win over new business.

/security

Taiwan's E SUN Bank deploys facial recognition ATMs

Taiwan's E SUN Bank has teamed up with NEC Corporation to roll out ATMs featuring facial recognition technology.

/payments

Lloyds looks to unlock access to cash

In the wake of fierce criticism from politicians and consumer groups over the disappearance of ATMs and bank branches from the high street, Lloyds Banking Group is to run a pilot scheme which will offer retailers a fee for processing cashback transactions over the counter.

/security

CaixaBank rolls out facial recognition at the ATM

CaixaBank is offering customers the opportunity to use facial recognition technology rather than PIN codes to withdraw cash from ATMs.

/Automated teller machines and network services

IBM scores $260m deal with Bank of the Philippine Islands

The Bank of the Philippine Islands (BPI) is looking to boost its digital transformation through a $260 million, multi-year services agreement with IBM.

/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.