Bank branch rebirth turns to tech

Leaving an old, broken model behind, FIs are learning how to serve the customer better at less cost.

Branchless banking before the Internet

by Bernardo Batiz-Lazo — Professor of Business History, Bangor University

For most of the last century, banks in Europe and North America have sought alternatives to brick-and-mortar branches for the delivery of retail financial…

Datacard Group enhances intelligent card issuance platform

March 26, 2013

Datacard Group, a provider of secure ID and card personalization solutions, has enhanced its Datacard MX Series platform for central card issuance programs…

Fiserv, Eutron partner to provide cash management solutions in Romania

March 26, 2013

Financial services technology provider Fiserv Inc. has announced that it will provide its cash and logistics solution portfolio to the Romanian market through…

Brand expansion through branchless banking

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

While transactions at financial institution branches across the U.S. are dropping by approximately 5 percent per year, PC and Internet use are on the rise. The…

'Prominent Indian bank' opts for Datacard card issuance technology

March 19, 2013

Datacard Group, a provider of secure ID and card personalization solutions, has announced that the company's Datacard MX1100 card issuance system has been…

How the ATM revolutionized retail banking - Part I

A brief history of the machine everybody takes for granted ... and nobody wants to be without.

ARCA wins new customers, industry honors

March 14, 2013

Arca, a provider of cash automation solutions, has recently announced a number of new customer relationships. The company also was recently recognized by…

GRG recycling module proves a good bet for German casinos

March 5, 2013

Chinese ATM manufacturer GRGBanking has made its first foray into the German market. Since January, German casino product and service company Cash Management…

Maine FI expands capabilities with Fiserv partnership

February 21, 2013

Katahdin Trust Company of Houlton, Maine, has chosen the Premier bank platform from financial technology provider Fiserv. The FI also has selected a…

Androscoggin Bank opts for ARCA cash recycler

February 12, 2013

Androscoggin Bank, a community FI based in Maine, recently installed the ARCA CM18 cash recycler in a high-traffic branch in Auburn, Maine, one of 10 cities…

Retail banks will spend $118B on IT in 2013, Ovum says

February 12, 2013

Retail banks worldwide will increase their IT spending by 3.4 percent this year — to a total of $118.6 billion. Industry analysts at Ovum predict that spending…

4 things banks should be spending their money on in 2013

by Richard McMurdo — Principal Consultant, Talaris

As we were finishing a lunch meeting the other day, the bank executive I was with laid down a challenge. He said, "Richard, my cab will be here in five…

Axis Bank completes installation of 500 cash-deposit machines

February 6, 2013

Axis Bank, an Indian private-sector FI, has marked the installation of 500 cash-deposit ATM at branches in more than 300 cities across India. For the first…

ATM & Mobile Executive Summit: essential insights into the future of cash and payments

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Executive event will assemble industry experts to discuss the interlinked future of cash, ATMs and mobile technology.

SAP, Wincor solution lets banks test front-office application before installing it

January 31, 2013

Wincor Nixdorf has announced a new solution that surmounts the problem of validating a front-office application before it is installed. The solution, developed…

6 CUs select Fiserv account processing solution

January 28, 2013

Financial services technology company Fiserv Inc. has announced the signing of six credit unions to use the company's OnCU account processing platform, as well…

Broadway Bank expands relationship with Fiserv

January 25, 2013

San Antonio, Texas-based Broadway Bank, a $2.8 billion institution, is extending and expanding its relationship with financial services technology provider…

Love those machines!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

It was a big weekend of football here in America, but for me the most interesting story was one that followed the games: that week's edition of "60 Minutes,…

Sussex County FCU adds ARCA cash recyclers systemwide

January 15, 2013

Sussex County Federal Credit Union, a Seaford, Del.-based FI with $252 million in assets and nearly 15,000 members, has outfitted all of its locations with…