Retail ATMs are again fraudsters' favorite target, FICO data finds

FICO reported Wednesday that the number of compromised card readers at U.S. ATMs, restaurants and merchants monitored by the Silicon Valley firm rose 30 percent between 2015 and 2016. The number of compromised payment cards ballooned as well, growing 70...

Trade association urges ATM deployers to start planning for Windows 10

The ATM Industry Association has issued a call for ATM deployers to begin planning as soon as possible for migration to the Windows 10 operating system. This call to action forms part of the association's newly released "Windows 10 Readiness...

AI crucial to humanizing branch experience, report says

In traditional banks, basic transactions continue to migrate from physical to digital channels, leading to major changes as banks redesign their branch networks and enhance their digital footprint. A new report, Accenture Banking Technology Vision 2017, reveals that 80 percent...

HSBC joins major UK FIs in adopting VocaLink Pay by Bank app

U.K. payment systems provider VocaLink has announced that Pay by Bank app, the company's mobile payments service, will soon be available to customers of HSBC and its subsidiary, first direct. Pay by Bank app allows users to make 'digital debit'...

Wisconsin FI taps Fiserv for core processing, biometric account holder ID

PyraMax Bank, a Greenfield, Wisconsin-based mutual savings bank, has partnered with Fiserv to modernize its retail banking operations and create a frictionless customer experience. The bank will use the DNA account processing platform from Fiserv with integrated mobile, online and...

Glory claims lion's share of TAU market

Two-thirds (67 percent) of installed teller assist units in the United States are manufactured by Glory, according to a study by strategic research and consulting company RBR. Additionally, the release said, Glory accounted for 65 percent of teller cash recyclers...

KAL intros addition to Kalignite software family

KAL ATM Software has announced the launch of a new addition to its Kalignite family of software — KTH Terminal Handler. KTH Terminal Handler is an ATM driver that gives banks a new option within the data center when replacing...

Declining branch traffic translates to 158 closures for RBS

Last month, HSBC announced that it would close 62 branches in the U.K., and RBS telegraphed that it might soon do the same, stating that it was looking to reduce its operating cost by 750 million pounds ($942 million) this...

Mobile bank funds fintechs in bid to reshape retail banking

MBank, a mobile-only financial institution based in Poland, has announced plans to set up the first fund in central and eastern Europe for the development and marketing of new technologies for financial institutions. The Polish bank said that the investment...

Payments Canada enlists Accenture to help with payments system overhaul

Payments Canada has tapped Accenture to assist with a multiyear initiative to transform the systems and rules of Canada's payments ecosystem. The announcement follows the December release by Payments Canada of an industry roadmap and high-level plan for the Canadian...

Scotiabank, Cardtronics extend ATM branding agreement at 7-Eleven Canada stores

Cardtronics and The Bank of Nova Scotia have agreed to a long-term renewal of their ATM branding relationship in Canada. The agreement extends fee-free cash access to Scotiabank customers at more than 640 bank-branded ATMs at 7-Eleven stores across Canada.

Note-staining kit a 'game-changing' defense in ATM explosive attacks

TMD Security has expanded its solution portfolio with the release of the TMD Security Note Staining Kit, the company has announced in a press release. The NSK product results from R&D investment by TMD, as well as its acquisition of...

EAST releases first stats for European ATM fraud in 2017

The European ATM Security Team has published its first European Fraud Update for 2017, based on country crime updates given by representatives of 19 countries in the Single Euro Payments Area. According to a press release from EAST: Eighteen countries reported card skimming at ATMs.

NCR to help Swiss FI prepare for 'ATMfutura'

NCR Corp. and Switzerland's Lucerne Cantonal Bank have teamed to roll out the first NCR SelfServ 84 terminals in that nation. The multifunction ATMs will go live March 28 in one of the FI's branches, according to a press release....

Comic Relief UK offers ATM users a little funny with their money

Cardtronics and its subsidiary, i-design, a developer of multimedia promotional campaigns for ATMs, are supporting Comic Relief, one of Britain's largest annual charity fundraising efforts, with interactive comedy on ATM screens across the U.K. The goal of the promotion is...

Slim majority of consumers OK with automated bank branches

Converting traditional branches into automated or self-service facilities will have an impact on customer relationships and branch traffic, according to Optimizing Self-Service Banking, a new report by Phoenix Synergistics. An online poll of more than 1,000 consumers 18 or older...

All Wells Fargo ATMs enabled for cardless access starting next week

Starting next week, Wells Fargo customers who use the FI's mobile banking app on their smartphone will be able to access cash without their bankcard at any of the FI's 13,000 ATMs nationwide. Company CEO Tim Sloan made the announcement...

TGI … Thursday?

ATMs at Henrico, Virginia-based Henrico Federal Credit Union will be hopping today. In celebration of its 50th anniversary, the FCU is has sneaked $50 banknotes in among the $20 notes at its four ATM locations, according to a report by...

'Lock it up!': Best practices guide tackles ATM cabinet security

The ATM Industry Association has published a new guide documenting best practices for securing ATM cabinets and managing physical keys for cabinets. "In the cyber age, access to data and electronics within the ATM is just as much an attraction...

Co-op applying AI to help CUs fight card fraud

Co-op Financial Services is working with Feedzai, a company that specializes in artificial intelligence for payments applications, to bring Co-op CU clients a machine learning-based risk management tool later this year. "A key pain point for credit unions in 2017...

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