ATM Marketplace: August Top 5
all photos iStock.com
August. The dog days of summer, when you can fry an egg on top of an exterior, free-standing ATM if the sun hits it just right.
We usually think of August as a slow month, but not this year. ATM manufacturers made some big headlines. Those stories topped the daily news rundown at ATM Marketplace, and also came in No. 1 among the month's most-read articles.
Here are the top 5 features of the month:
Concern for security doesn't have to hamstring innovation. With the right training, tools and partners in place to manage managing potential vulnerabilities, new technologies need only to follow guidelines to ensure they fall within the security landscape.
After years of expensive operating system migrations and routine hardware obsolescence, many financial institutions are skipping the upgrade ritual and going retro, once again fielding inexpensive, CE-based, through-the-wall, cash-dispensing ATMs.
A recent study from A.T. Kearney urges FIs en masse to begin issuing contactless cards now that merchants have the necessary payment terminals and consumers are more aware of the “tap,” thanks to NFC-enabled mobile payments.
With the number of brute force attacks on on ATMs on the rise — and, if they are successful, the potential to lose tens of thousands of dollars in just a few moments — physical security of ATMs is not something any operator can afford to take lightly.
There's no other way to describe Aug. 1 in the annals of Diebold Nixdorf history. The company reported unpleasantly surprising Q2 earnings first thing in the morning, and it was right downhill from there, as DN stock tumbled 37 percent by the end of the day.
Topics: Trends / Statistics