Barclays does about face, allows customers to withdraw cash at UK Post Offices

by Amy Castor — Editor, Networld Media Group

October 24, 2019

Earlier this month, Barclays created a stir when it announced its debit card holders could deposit money, but not withdraw cash at U.K. Post Offices. Under…

US Bank strikes ATM branding deal with Cardtronics in North Carolina

October 24, 2019

As it enters the North Carolina market, U.S. Bank has been working with Cardtronics to place its brand on ATMs located inside CVS Pharmacy stores across the…

US Bank to cull thousands of workers, keep branches

October 22, 2019

U.S. Bancorp is planning to cut thousands of branch workers as it transitions into a digital world, according to a report in Bloomberg. 

4 ways banks and credit unions can stay ahead of fintech startups

With the intensifying competition from fintech startups, financial institutions need to step up their game, especially when it comes to digital, or they risk…

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Striking a balance between customer experience and security

by Amy Castor — Editor, Networld Media Group

As banks strive to offer customers good online experiences, they often partner with a variety of fintechs. But how do they ensure that their apps are secure?

Hong Kong banks shut branches, take hundreds of ATMs offline after spate of violence

October 9, 2019

Over the weekend, anti-government protesters in Hong Kong vandalized several bank branches after the government banned face masks in public. 

CIT Operators Search for Solution to Increase Safety for Guards & Assets

New Technology provides the answer

Barclays to no longer allow cash withdrawals at UK Post Offices

October 8, 2019

U.K. lender Barclays is launching a new cashback scheme next year that allows people to withdraw money at small businesses in remote towns. The bank has also…

7 Easy Tips for Banks to Appeal to Generation Z

Find out the various characteristics of this generation of digital natives, including the challenges that come with both acquisition and retention.

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CIBC, First Citrus, Bridgeable discuss digital transformation

by Amy Castor — Editor, Networld Media Group

Legacy banks are struggling to transform their brick-and-mortar ecosystems to fit into an increasingly digital world. How do they do it? And more importantly…

Bank of Thailand: ATM cards with only mag stripes unusable in 2020

September 20, 2019

The Bank of Thailand on Tuesday advised holders of debit cards and ATM cards with magnetic stripes to switch to chip cards. 

Commerzbank plans to shed 2,300 jobs, shut 200 branches in mobile restructuring

September 20, 2019

Commerzbank announced a $1.76 billion (1.6 billion euro) restructuring, where it will slash 2,300 net jobs and shut 200 branches as it moves to expand its use…

4 things FIs can do to stay ahead of fintech startups

It seems like everyone is jumping into the financial space these days. With traditional tech and fintech startups making waves, here are four ways traditional…

Fiserv launches 'super ATM' with biometric palm-vein reader

September 4, 2019

Fiserv Inc., a global provider of payments and financial services technology solutions, has launched a souped up ATM, which it has dubbed "Interactive Branch…

The road ahead: 5 areas for FIs to focus on

While neobanks are all the rage lately, traditional FIs possess powerful assets that could allow them to surpass the success of fintechs. It's just a matter of…

Shopping grinds to halt when Mexican banks unable to process cards over weekend

Major banks in Mexico reported problems processing debit and credit card payments on Saturday. The problem stemmed from a Prosa data center outage.

Maintenance Services

Burroughs employs the largest field-service network in the United States aimed at serving financial institution and retailer cash automation technology needs.

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Diebold Nixdorf to upgrade VyStar Credit Union's entire ATM fleet

July 22, 2019

Diebold Nixdorf will replace VyStar's Credit Union's entire fleet of more than 250 ATM machines, according to a company press release. The Jacksonville…

Diebold Nixdorf's New DN Series™ Wins Red Dot Product Design Award 2019

Next-level design personalizes the consumer experience and optimizes performance of the self-service banking channel.

NYS leads 25 state AGs opposing CFPB changes to bank overdraft rules

July 2, 2019

A coalition of 25 state Attorneys General led by New York State AG Letitia James have written a joint letter to the Consumer Financial Protection Bureau…