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Innovation News & Media

What trends should banks be aware of as we move into 2018?

We expect to see a few large changes in 2018, all centered around digital transformation and self-service software.

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Michigan company to purchase patent covering bitcoin ATM transactions

December 28, 2017

DNA Dynamics Inc. has announced that its U.K. subsidiary, DNA Interactive Ltd., has signed a binding term sheet to acquire a patent that requires bitcoin ATM…

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The ATM is dead ... long live the ATM!

Tabloid newspapers across the world have speculated over the future of the ATM, debating everything from integration with AI and robotics down to whether there…

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GRGBanking i58 cash recycler recognized with China's top design award

December 21, 2017

The GRGBanking i58 cash recycler has received the China Red Star Design Award, China's highest honor for industrial design, according to a company press…

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ATM cash withdrawal volume grows 6 percent in 2016

December 15, 2017

In 2016, the number of cash withdrawals at ATMs worldwide was 107 billion, a 6 percent increase over 2015.

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Inetco intros centralized switch monitoring for application performance

December 14, 2017

Inetco Systems Ltd., a provider of real-time transaction monitoring and analytics software for financial institutions, independent ATM deployers and payment…

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CoinMetro Exchange enables ATM cash-out for cryptocurrency

December 12, 2017

CoinMetro, a cryptocurrency trading platform, has announced the release of CoinMetro Exchange. According to a company press release, the solution will simplify…

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ATMs in China's 'Toilet Revolution' give new meaning to 'flush with cash'

December 12, 2017

Visiting China soon? If so, here's a tourist tip: If you need cash, head to a public toilet, where you can make an ATM withdrawal and (ahem) a deposit.

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MasterCard Cash Pick-Up picks up partner FI

December 8, 2017

Cross River Bank, a New Jersey-based financial institution, has launched MasterCard Cash Pick-Up. Cash Pick-Up allows banks and their disburser partners to…

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How can trending technologies enhance the user experience?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Technology is ever-evolving, but contrary to what you might expect, it can become more human, not less so, in the process. Learn what this means in financial…

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Bitcoin ATMs laundering money in London, police say

December 5, 2017

Authorities in London have said that criminals are using the city's bitcoin ATMs to launder the proceeds from drug sales and other illicit activities.

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Bitcoin ATM deployer beefs up fleet with 20 terminals

December 1, 2017

Coinsource, a bitcoin ATM network, has announced the deployment of 20 terminals in Georgia, the company's single largest installation to date, according to a…

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For the small ATM operator, big opportunities

The landscape for the small ATM operator is changing rapidly,  but cash is not going away as a payment vehicle. Successful small ISOs will be nimble and…

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ATM innovation follows hurricane destruction in Puerto Rico

November 28, 2017

As Puerto Ricans rebuild their lives after the devastation of Hurricane Maria, Oriental Bank, a subsidiary of OFG Bancorp, is bringing innovation to the fore…

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Cardless ATM transactions and the 'full monty' mobile wallet experience

Are we finally at a point where we can leave the leather bifold in the dresser and go the "full monty" with mobile wallets? One commentator gave it a try ...

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Hyosung software enables virtual currency transactions at traditional ATMs

November 20, 2017

Nautilus Hyosung America has announced the introduction of Just Cash, ATM functionality that enables bitcoin transactions on a standard ATM.

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Miami bitcoin ATM operator goes bicoastal

November 16, 2017

Bitstop, a Miami-based Bitcoin ATM company, has expanded to California with nine new bitcoin ATMs in the Golden State. The company has added five more…

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Co-op upgrades ATM terminal driving software

November 14, 2017

Co-op Financial Services is performing ATM terminal driving upgrades intended to strengthen security, simplify navigation and enable new transactions.

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NCR inaugurates expanded R&D center in India

November 9, 2017

NCR Corp. has opened its new R&D facility in the Indian city of Hyderabad. The center in Mindspace IT Park in Hitec City occupies 140,000 square feet…

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On the road again: Mapping the migration of your ATM fleet to Windows 10

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Just four years after the ATM industry's migration to Windows 7, the next OS upgrade — to Windows 10 — looms two short years away. Join our free Nov. 9 webinar…

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