ATM Marketplace: August top 5

by Amy Castor — Editor, Networld Media Group

Now is the time to catch up on your reading. Here's a list of the most popular stories on ATM Marketplace for the month of August.

Renovite appoints Sanjay Mishra as CDO

September 4, 2019

Payment specialist Renovite Technologies has appointed industry veteran Sanjay Mishra as its chief delivery officer. In the position, Mishra will lead…

Innovation 2.0: ATMs in the 21st Century

ATMs have vast potential when it comes to the services they could offer, and yet, their chronic lack of innovation has been hugely frustrating to watch.

Bitcoin ATMs in Nevada now require a money transmitter license

August 30, 2019

Bitcoin ATMs in Nevada now require a state money transmitter license. 

Cops warn of bitcoin ATM scam in Canada

August 30, 2019

Fraudsters have been targeting bitcoin ATM users in Winnipeg by hanging posters saying the machines were out of use.  

The how, where and why of cash recycling in the US

by Thomas Schulze — GM, Wincor Nixdorf Inc.

ATM cash deposits are on the rise in the U.S. When you start seeing strong deposit levels, that is a signal the environment is ripe for closed-loop recycling.

Rapyd teams with Hong Kong's TNG Fintech to boost cashless transactions

August 29, 2019

Rapyd, a fintech as-a-service startup, has partnered with TNG Fintech Group Inc., a Hong Kong-based digital wallet operator, to boost cashless transactions. 

Bankers suggest time lag between ATM withdrawals in New Dehli

August 28, 2019

As a way to combat ATM fraud in New Delhi, the Delhi State Level Bankers' Committee proposed several measures, including a 6-12 hour gap between cash…

Summer Reflections - Banking in 2019 So Far

With summer now upon us, we’ve looked back at some of the key trends in banking so far this year

Concern rising over touchscreen sanitation

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

More than 70% of respondents in the U.K. are worried about using public touchscreens due to possible exposure to contamination. The kiosk industry has to a…

Bank branches aren't dying, they're serving coffee, beer and yoga

by Amy Castor — Editor, Networld Media Group

As people today conduct most of their banking online and pay for things with plastic cards and mobile apps, banks are having to reinvent themselves. One thing…

California man faces life for illegally operating a Bitcoin ATM

by Amy Castor — Editor, Networld Media Group

August 27, 2019

A 25-year-old Westwood, California man has agreed to plead guilty to federal charges for illegally operating a crypto exchange and a bitcoin ATM where he…

Credit Suisse sets massive restructuring from branch to digital transformation

August 26, 2019

Credit Suisse said its Swiss Universal Bank unit will undergo a massive restructuring, costing hundreds of millions of Swiss francs, to transition its retail…

Payment Alliance International expands ATM footprint with Eclipse Cash acquisition

August 26, 2019

Louisville, Kentucky-based ATM operator Payment Alliance International has acquired Eclipse Cash Systems. 

N26 marks US mobile bank launch with P2P, Tidal discount

August 23, 2019

N26, the German fintech, has officially gone live in the U.S. following a one month beta period and is offering several new features to American customers…

What Visa and Mastercard don't want you to know about cash

by Ron Delnevo — Chairman, Cash and Card World

Cash is the quicker choice. The average cash payment transaction at the point of sale takes only around 22 seconds, 7 seconds faster than the average card and…

Awash in cash — It's not just demographics, it's global tourism

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

It used to be that you never went anywhere overseas without your American Express travelers checks. But these days, cash is king when it comes to dashing in…

Bank of America reports surge in Zelle users in 2019

August 21, 2019

Bank of America's person-to-person use of mobile payment network Zelle surged this year. The uptick in usage was driven mainly by millennials and Gen Z in…

Germany's Commerzbank weighs closing hundreds of branches

August 21, 2019

Frankfurt-based Commerzbank AG is weighing the closure of hundreds of branches as it figures out next steps after abandoning plans to merge with cross-town…

State Bank of India plans to ditch plastic debit cards, move to Yono app

August 20, 2019

The State Bank of India, the country's largest lender, is hoping to eliminate debit cards and move to its Yono app for ATM withdrawals and point-of-sale…