Automated teller machines and network services

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NAB and Microsoft test facial recognition for ATM withdrawals

/security

NAB and Microsoft test facial recognition for ATM withdrawals

National Australia Bank has teamed up with Microsoft on a proof-of-concept that taps AI to let customers make ATM withdrawals using facial recognition and a PIN.

/Automated teller machines and network services

Diebold Nixdorf reports Google and Mastercard partnerships

Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce, will demonstrate a number of solutions that augment and enhance consumer journeys in the banking and retail industries at this year’s Money20/20 conference in Las Vegas – the largest global event focused on payments and financial services.

/payments

Fed study finds rising noncash payments fraud

The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.

/Automated teller machines and network services

Independent ATM supplier Genmega implements bitcoin debit purchases

LibertyX and Genmega today announced the launch of America’s first debit Bitcoin ATM. Consumers will be able to use their debit card to purchase Bitcoin at up to 100,000 ATMs in the U.S.

Card fraud at EU payment terminals hits lowest level for 13 years

/Automated teller machines and network services

Card fraud at EU payment terminals hits lowest level for 13 years

And now for something completely different - losses due to card fraud at EU payment terminals have fallen to the lowest level since 2005.

/Automated teller machines and network services

Banco BPI signs up for Diebold self-service kit

Banco BPI, a Portuguese retail bank and a member of the CaixaBank Group, has partnered with Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, to deliver innovative consumer experiences with an advanced, self-service solution.

North Korean hackers used Swift network to steal more than $100m - FireEye

/security

North Korean hackers used Swift network to steal more than $100m - FireEye

A North Korean hacking group has used the Swift network to try to steal more than $1.1 billion dollars from at least 16 financial institutions around the world since 2014, according to security specialist FireEye, which warns that he crooks are still operating.

/Automated teller machines and network services

Payment Alliance International names Neil Clark CEO of ATM biz

Payment Alliance International (PAI), the nation’s largest, privately-held ATM provider with over 75,000 ATMs, today announced that Neil Clark has been appointed chief executive officer of the company’s ATM businesses.

/Automated teller machines and network services

Diebold Nixdorf CFO Chris Chapman quits

Diebold Nixdorf (NYSE: DBD) today announced the appointment of Jeffrey Rutherford, as interim chief financial officer, effective immediately. He replaces Chris Chapman, who is leaving the company to pursue other opportunities.

/Automated teller machines and network services

Visa to allow dynamic currency conversion at ATMs worldwide

Effective April 13, 2019, all ATM owners and operators will be able to offer Dynamic Currency Conversion (DCC) services to their customers in the U.S. DCC is permitted today by MasterCard at U.S. ATMs and represents a meaningful revenue stream for many ATM providers.

/Automated teller machines and network services

Fiserv to buy chunk of US Bancorp's Elan unit

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has agreed to acquire the debit card processing, ATM Managed Services and MoneyPass® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

ANZ introduces cardless ATM withdrawals

/Automated teller machines and network services

ANZ introduces cardless ATM withdrawals

Customers of ANZ can now leave their wallets at home and withdraw cash from the Australian bank's ATMs with their mobile phones via Apple Pay and Google Pay.

/Automated teller machines and network services

Ithmaar Bank and Eazy Financial Services prep biometric payment network

Ithmaar Bank and Eazy Financial Services today announced plans to launch the region’s first biometric payment network, supported by the Labour Fund “Tamkeen”, providing new and more efficient alternative for customers to conduct many of their financial transactions.

/Automated teller machines and network services

US credit unions turn to NCR for Digital Insight

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that three community financial institutions (CFIs) – California-based Parsons Federal Credit Union, Texas-based Educators Credit Union, and Arizona-based AERO Federal Credit Union – will all look to evolve their self-service experience using NCR’s Digital Insight solutions.

Regulator to crack down on ATM closures

/Automated teller machines and network services

Regulator to crack down on ATM closures

The UK's Payment Systems Regulator is promising to take action to protect the availability of free-to-use cash machines across the country after the publication of new figures by network operator Link which show more than 250 machines a month disappearing from the high street.

/Automated teller machines and network services

Diebold Nixdorf adds Bruce Besanko as independent director

Diebold Nixdorf (NYSE: DBD) today announced the appointment of Bruce H. Besanko, a retail industry veteran with a history of financial leadership positions, to the company's board of directors as an independent director.

/Automated teller machines and network services

Virtual Crypto launches software to make bitcoins avialable through an ATM

Virtual Crypto Technologies Ltd. (OTCQB: VRCP) (www.virtual-crypto.com), a technology company dedicated to making cryptocurrencies accessible to the public, will offer ATM operators worldwide software that will enable users to buy and sell Bitcoin at regular ATMs.

/Automated teller machines and network services

Diebold Nixdorf secures new financing for product push

Diebold Nixdorf (NYSE: DBD) today has obtained a new term loan and announced amendments to its senior secured credit agreement, including revised financial covenants, to enhance the company's financial flexibility.

Sage CEO steps down amid cloud problems

/Automated teller machines and network services

Sage CEO steps down amid cloud problems

Accounting software firm Sage has parted company with its chief executive following problems encountered in the migration of its service to the cloud

/Automated teller machines and network services

Diebold Nixdorf secures $650m capital commitment

Diebold Nixdorf (NYSE : DBD ) today announced it has secured a capital commitment for $650 million from two leading institutional lenders and has launched a process to amend its existing credit agreement. The company expects to complete these activities over the coming days.

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