Bank of Beirut Oman to license Euronet ATM-driving solutions

The software will allow the bank to manage its entire ATM network, and provide real-time account access to customers anywhere in the world.

FEATURES


USPS pushes 'collaboration' with FIs

A Pew study showed that most consumers are indifferent to the idea, but 64 percent of those in the target market (i.e., the un- and underbanked) favor it.

Somebody else's headache: 5 reasons to outsource your ATMs

With EMV liability shifts looming, now is a good time to consider offloading the costs — and headaches — that come with ATM fleet upgrades.

Omnichannel banking: A consumer-first, not bank-first, experience

Fırat İşbecer, Monitise SVP of sales and operations, examines some ways banks can build a successful omnichannel strategy and how mobile can influence it.

The ATM industry outlook for 2015: 'Bigger, better, faster, more'

Don't look for big new ATM trends in 2015; instead, look for the rapid acceleration of emerging technologies and business strategies that made headlines in 2014.

Hit your 2015 marketing goals

Quality, consistent branding, targeted campaigns, and strategies that fit the times are hallmarks of a successful marketing plan.

The ATM industry wins another victory against patent trolls

The court not only found that the patents asserted were invalid, but also left the door open for companies subject to baseless infringement claims to bring counterclaims for damages.

In new ATM association, competition takes a back seat to crimefighting

The ATM Security Association for Enhanced Technology asks members to join a common cause against an underworld of uncommonly determined ATM fraudsters and cyberthieves.

Consumers still prefer mix of banking channels

Although the Internet remains consumers' top channel for banking, others — including ATMs and the branch — are regaining ground.

Mobile no longer an 'alternative' channel for FIs

When TEB bank of Turkey introduced transaction prestaging via mobile, it drove customer traffic from the branch to the ATM, reducing the burden on staff and creating a competitive advantage for the FI.

EMV at the ATM: The devil is in the details

For ATM operators, nailing down the details of EMV implementation starts with asking vendors several important questions.

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NEWS


ICBA Bancard puts up funds to help client FIs convert to chip cards

The company says it has pledged nearly $600,000 to support Visa credit card-issuing clients as they migrate to EMV.

CR2 BankWorld to manage ATM, mobile channels for Botswana Savings Bank

Following a merger with Botswana Post, BSB plans to implement BankWorld ATM and Mobile banking solutions across the expanded system.

ValidSoft, FICO anti-fraud partnership scores another win

The companies have teamed up to address a growing threat from fraudsters who redirect mobile calls and texts in order to defeat authentication systems.

FIs invited to take survey for 2015 ATM & Self-service Software Trends report

KAL and ATM Marketplace are calling on members of the worldwide financial services community to participate in the annual poll.

G&D offers white label mobile cloud payment service for FIs

The Convego CloudPay payment service provides secure mobile transactions, Giesecke & Devrient says.

Mitek intros commercial remote deposit capture for businesses

The product allows businesses of all types to capture important invoice documents and deposit checks from anywhere using a smartphone or tablet camera.

Biometrics-based ATM authentication — without a hardware upgrade

The solution requires no retrofitting of ATMs, and it establishes secure two-way SSL communication between the ATM and a biometric open protocol standard-compliant bank server.

HID Global provides instant issuance solution to Greek FI

The solution is now in use at 300 Piraeus Bank branches, replacing the more expensive and time-consuming system of sending EMV debit cards by mail.

Study: Use of mobile by young customers will drive change in retail banking

A new study predicts that with the next five years mobile will become the No. 1 channel for millennials and younger consumers.

Co-op Financial Services to purchase Covera

Covera currently provides 248 credit unions and their members with credit, debit, ATM and prepaid card solutions.

Dolphin Debit takes on ATM fleet for Houston CU

Rather than replace all of its ATMs to achieve regulatory compliance, Memorial CU decided to outsource ownership and operation of the fleet.

Co-op goes real-time with upgraded mobile app

The CUSO has added real-time P2P and remote check deposit capabilities to its white-label mobile app for credit unions.

TCH, CBA buy into same-day ACH proposal, but CUNA balks

In comment letters, the three organizations outlined pros and cons of implementing and operating a same-day processing and settlement system.

NACHA faster payments proposal wins ABA support

Bankers opposed a 2011 proposal by NACHA; the payments association has amended its new proposal to address their concerns.

Cashing out card rewards? Wells Fargo customers can do it at the ATM

A new option allows Wells Fargo cardholders to turn card rewards into account credit or cash at 12,500 ATMs nationwide.

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Get the latest news and trends about ATMs at banks and credit unions, including compliance with industry guidelines like ADA to personalization and customer relationship management.