Tag: ATM


Navigating ATMs Overseas: Tips for Withdrawing Cash with Your Credit Card

June 17, 2024

Via: TechBullion

Travelling with a credit card makes your trips more convenient and worry-free. It’s easy to carry, saves space, and offers enhanced security compared to cash. But there are moments when having cash on hand is essential, and using a foreign […]


Lloyds Banking Group to close 66 more bank branches

July 29, 2022

Via: FinTech Futures

The closures are the latest in a long line of branch closures as high street banks grapple with changing customer behaviours and the shift to mobile and digital-first banking. Lloyds Banking Group says it has 19.1 million online banking customers […]

Retail Banking

Bank of America signs 10-year solar electricity agreement to power offices and ATMs

July 1, 2020

Via: Finextra

In partnership with Reliant, an NRG Energy company, the deal will contribute to Bank of America’s commitment to purchase 100% of electricity from renewable sources and builds on the company’s carbon-neutral efforts. The project will provide electricity through the Electric […]

Retail Banking

Hong Kong’s Hang Seng Bank to unveil 600 cardless ATMs

December 3, 2019

Via: Banking Technology

Powered by near field communication (NFC) connections – i.e. contactless technology, and QR codes, the ATMs will offer customers a choice of how they access their money. “We are excited about introducing NFC technology into our customers’ banking experience, offering […]

Capital and Risk, Operational

Bank of America to expand branch and ATM networks

April 8, 2019

Via: Finextra

The company also continues to expand its retail banking and small business services in new and existing markets. Financial center modernization – Bank of America has modernized more than 1,000 financial centers over the last three years, and today announced […]

Capital and Risk, Operational, Retail Banking

Chase Bank chasing mobile market with ATM move

August 3, 2018

Via: Banking Technology

Chase Bank ATMs now allow customers to withdraw cash using their phones’ mobile wallet and NFC capabilities. The bank’s ATM network has around 16,000 terminals throughout the US, but customers can also use ATM vestibules from outside the bank. This […]

Retail Banking

OCBC Bank turns tellers into digital ambassadors

July 23, 2018

Via: Banking Technology

The plan is to install ATMs and digital service kiosks at 35 of its branches by 2020. The bank says its redeployed tellers will become branch digital ambassadors and service executives or perform other advisory roles. To make it clear, […]

Capital and Risk, Operational, Retail Banking

Santander adds ATMs to US network

June 6, 2018

Via: Finextra

Through an extended relationship with Cardtronics, the world’s largest ATM owner/operator, Santander-branded ATMs are now in most Market Basket grocery store locations in Massachusetts and additional CVS Pharmacy stores in the Northeast. This marks the first time Santander ATMs have […]

Capital and Risk, Operational, Uncategorized

US charges two over ATM jackpotting scheme

February 6, 2018

Via: Finextra

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash. Last week it emerged that the US Secret Service has been warning banks and ATM manufacturers that […]

Capital and Risk, Operational, Retail Banking

Wells Fargo launches mobile “tap and pay” functionality at 5,000 ATMs

October 11, 2017

Via: Banking Technology

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”. The bank says it aims to upgrade […]

Capital and Risk, Operational

This common bank fee has soared 55% over the past decade

October 3, 2017

Via: Market Watch

Some of the most aggressive bank fees are also the most avoidable. ATM fees hit a new high for the 11th consecutive year, according to a study of fees by personal-finance site The survey looked at 10 banks and […]

Capital and Risk, Operational

As global cash machine transactions rise, this ATM maker is investing in security to protect against crime

July 26, 2017


Banking technology firm Cennox has announced a deal to buy the European division of 3SI Security Systems, with a view to expanding its hardware, software and security provision. It follows an international upward trend in consumers making transactions using automated […]

Capital and Risk, Operational

Card-Free ATMs: No More Skimming?

February 19, 2016

Via: Bank Info Security

By spring, banks and credit unions across the U.S. are expected to start rolling out “card-free” ATMs, offering transactions that experts say will eliminate fraud losses linked to skimming, and at the same time open new doors for mobile payments. […]


FIS Cardless Cash app wins two new US banks

February 12, 2016

Via: Banking Technology

Popular Community Bank and Oriental Bank are to deploy FIS Cardless Cash, a mobile banking app to withdraw money from many ATMs in the US. Financial services technology provider FIS and PayPal launched Cardless Cash in January 2015, as a mobile ATM solution that […]

Capital and Risk, Operational

Shocking Security Failure Uncovered in NCR, Diebold ATMs

February 10, 2016

Via: Bank Innovation

Traditionally, skimming seems like the most low-brow of security breaches in banking. Until Monday. That’s when what can only be described as a shockingly sophisticated skimming scheme was uncovered by KrebsOnSecurity, a leading security blog. What’s more, the scheme exposes what can […]