News & Media
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.
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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.
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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.
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Customs arrests Dubai-bound passenger hiding over 5,000 ATM cards
October 7, 2020
The Nigeria Customs Service, Kano/Jigawa Area Command, arrested a Dubai-bound passenger, Sanusi Labaran, who was concealing 5,342 ATM cards inside a sack of…
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Investigation for US Bancorp and US Bank National Association data breach continues
October 7, 2020
Houston-based Emerson Firm PLLC, will be continuing its investigation regarding a data breach at U.S. Bancorp and U.S. Bank National Association (collectively…
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German banking network pilots entertainment, banking kiosks
October 6, 2020
Volksbanken Raiffeisenbanken, a cooperative financial network in Germany, has deployed self-service terminal kiosks in 23 locations throughout Germany to…
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Will cash be on permanent lockdown?
by Steve Villegas — VP, Payment Partnerships, PPRO
The future of cash has been a topic on many minds in the ATM Industry. The coronavirus pushed a tremendous amount of cash and bank customers to the digital…
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Swiss ATMs get standardized software
October 6, 2020
Swiss infrastructure operator for the country's financial center, SIX, has completed an "ATMfutura" migration where banks equip ATMs with standardized software…
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City threatens to seal 600 ATMs if banks don't pay fees
October 6, 2020
Six hundred ATMs could be sealed and rendered inoperable in the city of Gurugram, India, if banks don't pay pending registration fees to the Municipal…
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Credit card fraud in Europe hits $1.83B
October 5, 2020
Europe's card fraud losses amount to over $1.83 billion, with the U.K. accounting for 45.36% of the losses at Є706.9 million ($833 million) and France…
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Hyosung accelerates asset sales, IPOs to spur growth
October 5, 2020
Korean-based Hyosung Group is accelerating efforts to sell assets and list major subsidiaries on the Korean stock market and secure funds to invest in hydrogen…
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NCR introduces next generation digital ATM software platform
October 5, 2020
NCR is releasing its next-generation ATM software platform, Activate Enterprise NextGen, that enables banks to deploy new customer experiences such as video…
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