Wells Fargo: Doubling down on card-free ATM access

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

For the time being, most US FIs are relying on texted codes to offer their customers a cardless ATM option; by implementing NFC as well, Wells Fargo is getting…

Report on millennials holds bad news, good news for traditional FIs

April 8, 2016

Young adults are less inclined to rely on traditional banks, CUs and S&Ls for checking and savings accounts, but their use of other products from these…

Efma explores reinvention of traditional banking model

April 8, 2016

In a new report, the European financial organization looks at the impact of fintech and the ways that banks can work with startups to benefit customers and…

Four power moves for traditional financial institutions

One reason why traditional financial institutions are challenged by fintech is their large, departmentalized organizational structure. The other is their large…

Mobile-only Atom Bank opens for business in UK

April 6, 2016

The newly launched FI promises to 'innovate and deliver a transparent way of banking that turns the old world on its head.'

SBI 'No Queue' mobile app aims to end wait lines

April 5, 2016

A new virtual queuing application from the State Bank of India lets customers book an instant queue ticket for selected services at selected branches.

FNB plots new ATM feature

April 5, 2016

Customers of the South African bank can rest in peace knowing that they've availed themselves of their provider's newest ATM offering.

Chase rethinks ATM cash limits for noncustomer withdrawals

April 4, 2016

After upping its per-transaction limit to $1,000, the FI saw some eyebrow-raising cash withdrawal amounts from noncustomers.

Sberbank Kazakhstan, OpenWay intro cardless cash at ATMs

March 29, 2016

The solution allows customers to set up a withdrawal online and complete it at any one of the bank's 900 ATMs.

Report: FIs losing ground in mobile wallet wars

March 24, 2016

However, as consumer awareness of mobile wallets has risen dramatically, financial institutions still have an opportunity to stake a claim in this market, a…

FNB, Cummins Allison collaboration boosts branch efficiency

March 22, 2016

A trio of new cash-management devices will allow First National Bank of St. James, Minnesota, to improve its customer service, Cummins Allison says.

Good news for cash — and the Swedish public

Applause goes to Sweden's central bank for recognizing that the needs and wishes of the Swedish public should outweigh the vested interests of those who seek a…

CU24 taps FICO Card Alert Service for ATM fraud monitoring

March 21, 2016

The company says that it will rely on the service for fraud monitoring on more than 325,000 ATMs used by credit union members.

Forget postage stamps — these ATMs dispense gov't securities

March 17, 2016

India's IDBI Bank says its G-Sec facility for ATMs is a unique way to offer retail investors easy access to investment in government securities.

ICICI Bank set to launch mobile payments in India

March 17, 2016

Bank employees are currently testing the app.

Commerce Bank, Entrust Datacard implement instant issue EMV payment cards

March 17, 2016

The FI says its solution will allow it to provide differentiated services, an added layer of security with smart card technology, and an enhanced customer…

What's in your ATM anti-skimming arsenal?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Our latest webinar replay examines new and emerging skimming threats — and the importance of an anti-skimming strategy that doesn't ask any single technology…

Fintech represents 'potentially fatal risk' to retail banks, report says

March 14, 2016

Studies supporting the new report, 'Retail Banking: In tech we trust,' show that bankers expect major changes to the financial services marketplace within the…

BBVA, Wincor Nixdorf intro cash recycling in Spain

March 10, 2016

The financial institution and manufacturer have teamed up to install 800 Cineo 4080 systems this year.

E.Sun Bank shrinks teller lines with self-service bill pay kiosks

March 8, 2016

The Asian FI will launch NCR APTRA Connections to run multiple self-service touch points, delivering personalized ATM transactions and custom advertisements.