RBS to invest massively in IT infrastructure

May 16, 2013

RBS chair Philip Hampton has announced that the Royal Bank of Scotland Group will invest an additional £450 million ($688.55 million) in modernizing its…

BNZ to invest in 'multi-hundred million' core upgrade

May 14, 2013

In a project expected to cost hundreds of millions of dollars and require three to five years to complete, BNZ is upgrading its current 30–40-year-old core…

SA ATM cash withdrawals slack off after strong holidays

May 13, 2013

Spending and cash withdrawals by South African consumers cooled in April, following a spike in withdrawals during the March holidays, according to the latest…

Techcombank springs for new SunGard ATM reconciliation solution

May 10, 2013

Just yesterday, SunGard announced the addition of an ATM and card reconciliation solution to its IntelliMatch Operational Control software suite. Today, the…

ANZ Bank makes big commitment to TCRs

May 9, 2013

ANZ Bank New Zealand has taken on Asia-Pacific's biggest deployment of NCR Corp. next-generation teller cash recyclers. The FI unveiled its first Cash Recycler…

SunGard enters ATM reconciliation arena

May 9, 2013

SunGard, a provider of software and processing solutions for the financial services sector, has announced the launch of its IntelliMatch Operational Control…

Mongolia's largest private bank chooses Finacle

May 2, 2013

Infosys has announced that Golomt Bank, Mongolia's largest private FI, has selected Infosys Finacle to power its core banking needs. The platform will allow…

FIS marks strong first quarter

April 30, 2013

Payments technology provider FIS has reported strong Q1 revenue gains, improving 4.6 percent on performance during the same period in 2012. The company…

Texas Capital Bank opts for Fiserv ACH processing

April 29, 2013

Brookfield, Wis.-based Fiserv Inc. has announced that Texas Capital Bank is now using PEP-plus ACH processing services, an online solution for originating and…

Bangladeshi bank live with Tenemos T24 in just 2 months

April 29, 2013

Temenos, a provider of technology solutions for the financial services industry, has announced that South Bangla Agriculture & Commerce Bank went live…

Bank Independent selects SilverLake core processing

April 26, 2013

Jack Henry & Assoc. Inc. has announced that its banking division will provide the SilverLake core processing platform for enterprise-wide banking…

ARCA solves unusual problem for Y-12 FCU

April 26, 2013

ARCA has announced the installation of the ARCA CM18 cash recycler at Y-12 Federal Credit Union, an Oak Ridge, Tenn.-based FI serving 78,000 members in an…

New HID instant issuance printer touts seamless migration to EMV cards

April 24, 2013

HID Global, a provider of secure identity solutions, has announced its new Fargo HDPii Plus financial card printer/encoder, the successor to its HDPii desktop…

Cummins Allison intros currency scanner in Europe

April 23, 2013

Cummins Allison, a provider of coin, check and currency handling solutions, has introduced a JetScan iFX i100 series desktop banknote solution for currency…

Who's your ATM?

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

Yesterday, while perusing the current electronic issue of Australia's Sydney Morning Herald (as an expat I still like to keep up with the footie scores) I came…

NCR, PBOC ink 5-year services agreement for Shanghai Automatic Clearing Center

April 16, 2013

NCR Corp. has been awarded a 5-year technology service contract by the People's Bank of China Shanghai Automatic Clearing Center, the company said today in a…

CSI reports 100% renewal of customer contracts for NuPoint core platform

April 10, 2013

Computer Services Inc., a provider of end-to-end technology solutions for FIs, has announced the retention of 100 percent of NuPoint core platform contracts…

Gregor Lehnert deal supports Wincor Nixdorf Cash Cycle Management

April 8, 2013

Wincor Nixdorf and the Gregor Lehnert Group have signed a deal for an expanded partnership agreement. As part of the agreement, UGL member company BS-Beck…

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…