Germany banks brace for post-pandemic bankruptcies

October 14, 2020

With Europe's economy struggling due to the pandemic, Germany's central bank is taking steps to warn all banks to brace for a potential wave of insolvencies…

Morphis, CIMA Cash Handling America form partnership

October 14, 2020

Morphis, Inc. and CIMA Cash Handling America Inc. have formed a strategic alliance in the U.S. cash handling marketplace that integrates CIMA's cash management…

Some Reflections on Our 2020 Banking Predictions

Looking back on our predictions for banks from the start of the year, it’s fair to say no one could have known how the year would turn out and how big the…

Coin Cloud installs 1,000th digital currency ATM

October 13, 2020

Coin Cloud, a digital currency machine company, opened its 1,000th kiosk installation. The installation took place at Vallarta Supermarkets in East Palmdale…

Rapper helps launch first digital bank for Black and Latinx

October 13, 2020

Rapper Michael "Killer Mike" Render, civil rights activist Ambassador Andrew Young and media executive Ryan Glover have created the first digital bank geared…

European ATM losses from black box fraud pass the $1M mark

October 13, 2020

The European Association for Secure Transactions is reporting a sharp rise in black box attacks on European ATMs during the first six months of 2020.

DevOps: Banking on how financial institutions can benefit

by Larry Gordon — CEO, xops

Larry Gordon, the co-founder and CEO of xOps, has led IT services and software companies in the security, DevOps and digital transformation segments. He shares…

Designer ring replaces carrying cards

October 12, 2020

Designer Philippe Starck introduces AEKLYS, a ring that replaces and stores all credit card and bank card information into one wearable device.

COVID-19 survives 28 days on money, ATM screens, mobile phones, claims study

October 12, 2020

The novel coronavirus can survive for 28 days on banknotes, glass, grab handles, rails, mobile phone screens and plastic banknotes at room temperature or 2…

UnionBank, Lazada launch Philippines’ first e-commerce debit card

October 12, 2020

The UnionBank of the Philippines and the Lazada Philippines online shopping center is launching the country's first e-commerce debit card.

The National ATM Council to hold virtual conference, expo

October 12, 2020

The National ATM Council will hold a virtual NAC Conference & Expo on Oct. 27-29, a virtual event that will focus on ATM operators and ISOs.

How financial institutions, credit unions can improve operations, customer experiences

by Pat Shea — Editor, NetworldMedia

The coronavirus forced financial institutions to search out new ways to engage with customers.

Bank of America to offer short-term loans for $5

October 9, 2020

Bank of America will roll out a short-term loan program for customers in need of quick cash beginning January, 2021. The program, called Balance Assist, will…

Deutsche Bank system gives early warnings for settlement fails

October 9, 2020

Deutsche Bank has introduced technology from Elastic that will provide clients with an early warning of likely settlement delays for in-flight transactions…

Toronto stadium pilots a 'reverse ATM’

October 9, 2020

With cash a concern to pandemic-wary consumers and merchants payments firms, a new ATM option, called the "reverse ATM," has gained attention in the ATM…

5 things ATM operators should consider before buying into bitcoin

by Marc Grens — Co-Founder and President, DigitalMint

Bitcoin ATMs have gotten a lot of press lately and it stands to reason that many in the ATM industry may be wondering if now is the right time to purchase a…

ATMIA and PCI warn of ATM cash-out threat

October 9, 2020

The PCI Security Standards Council and the ATM Industry Association are warning financial institutions and payment processors of an emerging attack known as…

Ultraleap introduces touch-free, gesture recognition retrofit for kiosks

October 8, 2020

Ultraleap has introduced its TouchFree application to enable companies to retrofit existing kiosks and touchscreens, according to a press release. Using…

Nigerian Senate to investigate excessive charges to customers

October 8, 2020

Following numerous complaints by Nigerians that they were constantly being overcharged bank fees, the Nigerian Senate has launched an investigation and…

Danske Bank to cut 16,000 jobs

October 8, 2020

Denmark's Danske Bank will slash up to 16,000 jobs within the next 6 to 12 months as part of a cost-reduction program that will extend until 2023, according to…