Are virtual banks the 'real deal'?

Is alliance with a surcharge-free ATM network a sufficient physical presence, or are bricks and mortar a must? 

Co-op digital wallet to provide pay-anyone payments and global mobile access

December 5, 2013

Co-op Financial Services has introduced a new version of its Sprig digital wallet platform with new services from its long-standing business partner…

Chinese Central Bank bans banks from Bitcoin transactions

December 5, 2013

The People's Bank of China has ruled that Bitcoin is not a proper currency and has barred Chinese banks from handling it, Finextra reports.

Beijing bank's new ATM is no mere cash machine

December 4, 2013

About the only currency it doesn't dispense is Bitcoin: New ATMs at Beijing’s Hua Xia Bank offer customers the option to take their withdrawal in the form of…

ATM emulation helps simplify EMV migration for Chilean FI

December 3, 2013

Like many South American FIs, Santiago, Chile-based Banco Falabella has begun the costly and complicated process of changing over its ATMs to the EMV chip…

Indian FIs offered an EMV alternative

November 26, 2013

The Reserve Bank of India has notified the country's banks that they may choose between issuing EMV chip-enabled bankcards or adopting biometric identification…

4 things the best companies do at the end of each year

by Corey King — Sales, American Bank Equipment

Right about now, thoughts of a big fat turkey and Christmas shopping have started creeping into the minds of almost everyone! This is a good thing, but it's…

The case for self-service coin counting at the branch

As FIs sharpen their focus on enhancing the consumer experience through self service, it's an idea worth exploring.

RBS concentrating on customer experience

November 25, 2013

The Royal Bank of Scotland this year announced its intention to provide an improved customer experience, even as it closes approximately 10 percent of its…

Video teller machines will cost jobs, protestors say

November 25, 2013

Bank tellers in New York recently took to the sidewalk to protest the installation by Bank of America of ATMs with teller assist. The activist tellers said the…

PAI, River City Bank forge co-branding deal

November 25, 2013

Retail ATM provider Payment Alliance International and River City Bank — both based in Louisville, Ky. — have announced a branding agreement covering ATMs in…

The 2014 ATM Comparison Guide: Sorting apples from oranges

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Oranges-to-oranges vendor specs help take the guesswork out of determining which models best meet a deployer's needs.

Covera, EFT Source to provide instant issuance solution to CUs

November 20, 2013

EFT Source Inc., a provider of turnkey card programs for ATM and debit cards for financial institutions, and Covera, a provider of debit, credit and ATM…

Philippine ATMs to go under the hammer

November 19, 2013

The Philippine Deposit Insurance Corporation is set to auction off a total of 118 ATMs at public auction on Dec. 3. The machines, which have an aggregate…

FIS to provide tech platform for India's first women's bank

November 19, 2013

India is getting its first public sector FI dedicated to serving women's financial needs — the Bharatiya Mahila Bank Ltd. Under a multi-year agreement, FIS…

Mobile payments are gaining traction

by Terry Dooley — SVP & CIO, ITS, Inc

The mobile payments industry has continued to gain traction in the past 12 months, according to the recently released "2014 Mobile Payments State of the…

First Data certifies NCR APTRA Interactive Teller

November 18, 2013

NCR Corp. announced that First Data has certified its APTRA Interactive Teller for its network. The certification enables First Data's financial institution…

Yolanda survivors to get ATM access beginning Tuesday

November 18, 2013

According to a report from Inquirer News, survivors of Supertyphoon Yolanda will finally get access to much-needed cash after four ATMs are installed and…

Discover announces expansion of ATM network in Vietnam

November 18, 2013

Discover Financial Services and Smartlink Card JSC, a domestic payments network in Vietnam, have announced a strategic alliance that will give Discover and…

Sheetz chain strikes ATM deal with PNC Bank

November 15, 2013

Family-owned convenience store chain Sheetz Inc. has entered an agreement with PNC Bank to provide in-store ATMs in locations across six states. The ATMs will…