Automated teller machines and network services

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/retail

Diebold Nixdorf scores Belfius Bank deal

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, announced an expanded partnership with Belgian-owned Belfius Bank and Insurance (Belfius) to deliver a holistic, end-to-end experience to the bank's 3.5 million consumers with a combination of new technology and services.

Which? raises alarm over ATM network charges

/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.

/regulation

Swiss fintech Sonect obtains e-money licence in Lithuania

Sonect, the location-based matchmaking platform that connects people who have cash with people who need cash, has obtained its Electronic Money Institution licence from the Bank of Lithuania, which enables the company to operate in all EEA countries. This marks a starting point for pan-European expansion for Sonect.

/retail

KeyBank picks Diebold Nixdorf for digital overhaul of ATM network

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, announced today a continued collaboration with KeyBank, one of the nation's largest financial institutions, to digitally transform more than 1,400 automated teller machines (ATMs) in the bank's network.

/security

Foregenix and Tranwall ally to tackle ATM cash out fraud

A leading UK cyber security firm has joined forces with an Australian pioneer in payment card control technology to fight against the rise of global ATM Cashout fraud.

Physical ATM attacks show explosive growth

/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.

Visa backs Branch for mobile-based lending in developing markets

/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.

/Automated teller machines and network services

Bank of America to expand branch and ATM networks

Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM network.

/Automated teller machines and network services

Cardtronics implements FIS Cardless Cash across ATM fleet

Cardtronics, the world’s largest ATM owner and operator, has completed integration with FIS Cardless Cash. Currently, 11,000 ATMs have been enabled and an additional 8,000 ATMs are to be readied for cardless withdrawals over the next several months.

/inclusion

Chase launches low-cost checking account

Chase is launching Chase Secure Banking, a low cost checking account that can help more consumers around the country access a traditional banking relationship, including those new to banking or who have had trouble getting or keeping an account in the past.

JPMorgan Chase to open 90 branches this year

/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.

/Automated teller machines and network services

Saudi Arabian ATM firm trials biometric and blockchain authentication tech

Alhamrani Universal (AU) the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, the blockchain-based identity authentication platform, to develop a biometric ATM prototype that will enable consumers in the region to use their blockchain-based App and faces instead of personal identification numbers to withdraw money from cash points.

/Automated teller machines and network services

NCR hires Douglas Brown from FIS as digital banking lead

NCR Corporation (NYSE: NCR), a global enterprise technology company, today announced that Douglas Brown is named General Manager for Digital Banking in NCR’s Banking Business Unit.

Taiwan's E SUN Bank deploys facial recognition ATMs

/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.

/Automated teller machines and network services

NAC and ATMIA rally to protest against ATM bank account closures in US

The National ATM Council (NAC) and the ATM Industry Association (ATMIA) have signed a ground breaking Memorandum of Understanding (MOU) to pursue a new joint campaign aimed at ending the ongoing damaging impacts of bank account closures and new account denials in the US Independent ATM market, in the aftermath of the Government's now defunct Operation Choke Point program.

Lloyds looks to unlock access to cash

/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.

CaixaBank rolls out facial recognition at the ATM

/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.

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

/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.

Advent buys majority stake in Argentinian bank-owned payments firm

/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.

Fake job interview dupes Chilean ATM network employee into downloading malware

/security

Fake job interview dupes Chilean ATM network employee into downloading malware

North Korean hackers tricked a staffer at Chilean interbank network Redbanc into a fake Skype job interview and then duped him into downloading malware onto his work computer, according to local press reports.

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