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Automated deposit use to surge in global ATM deployment by 2024

Automated deposit use to surge in global ATM deployment by 2024

More than half of the world's ATMs will offer automated deposit terminals by 2024 as banks invest more in self-service and provide additional options for customers to make efficient, real-time deposits, according to research from London-based RBR. The report found…

NCR debuts compact addition to family of cash-recycling ATMs

NCR debuts compact addition to family of cash-recycling ATMs

NCR Corporation has launched the SelfServ 63, a small-footprint cash recycling ATM as the newest addition to its family of cash recyclers. Built on NCR's second-generation cash recycling technology deployed in 89 countries worldwide, the SelfServe 63 is available now…

Cash deposit machine serves account holders of any bank

Life Tel Communication, a Chennai, India-based startup, has launched a cash deposit machine that accepts cash from any bank account holder, regardless of their home bank. According to a report by The Hindu Business Line, the cash deposit machine solves…

Bitcoin ATM provider announces Southern California placements

YourBitStore.com has announced the opening of two bitcoin ATM locations in Orange County, California, where people can convert cash into the cryptocurrency of their choice, including bitcoin, Bitcoin Cash, Ripple and EOS. The machines also allow users to sell their…

Arca marks 20 years of cash automation technology development

Arca, a provider of cash automation technology, celebrated its 20th anniversary in October. The Mebane, North Carolina-based company, founded by CEO Mort O'Sullivan, employs approximately 500 people in the U.S., Italy, France and the U.K., according to a press release.…

Portugal's Banco BPI turns to Diebold Nixdorf for advanced ATMs

Portugal-based Banco BPI, a member of the CaixaBank Group, has partnered with Diebold Nixdorf to roll out advanced ATMs at the bank's branches. BPI will offer cash recycling and "more advanced transactions" to its customers as part of a branch…

Banco BPI, Diebold Nixdorf partner to deliver advanced self-service experience

Banco BPI, a Portuguese retail bank in the CaixaBank Group, has partnered with Diebold Nixdorf to offer its customers cash recycling and advanced transactions as part of a refined branch concept featuring the compact, multifunctional CS 4090 ATM. According to…

Hyosung intros full-function cash-recycling micro ATM

Hyosung has announced the latest addition to its line of ATM products and services, the 8100 QTN micro ATM. The full-function cash recycling machine features a small footprint and a better customer experience, according to a company press release. "We…

GRGBanking i58 cash recycler recognized with China's top design award

The GRGBanking i58 cash recycler has received the China Red Star Design Award, China's highest honor for industrial design, according to a company press release. The winner of the annual award was selected from among 10,000 competing products by a…

Swiss FI taps Diebold Nixdorf for mobile ATM access — and more

PostFinance AG, a Swiss bank, is upgrading its self-service network with new technology, monitoring software and services from Diebold Nixdorf. The new systems will be equipped with barcode and NFC readers that will facilitate contactless transactions via smartphone, according to…

Mexico's APS rolls out Quickpay300 cash-recycling ATM

Mexican payments processor and kiosk manufacturer Automatic Payment Systems is launching its first cash-recycling ATM, the Quickpay300, to serve Mexican financial institutions seeking increased automation capabilities. The cash recycling feature of the Quickpay300 will help FIs reduce operational costs and…

5-month ATM-cleaning field test shows significant uptime improvement

ABC Currency Solutions, providers of coin- and cash-handling devices, in partnership with KICTeam Inc., providers of technical cleaning products, have completed a five-month field test cleaning program for ATMs. The testing was conducted with field techs on targeted devices over…

Glory claims lion's share of TAU market

Two-thirds (67 percent) of installed teller assist units in the United States are manufactured by Glory, according to a study by strategic research and consulting company RBR. Additionally, the release said, Glory accounted for 65 percent of teller cash recyclers…

Diebold Nixdorf to roll out 3,200 recyclers for Russia's Post Bank

Diebold Nixdorf Inc. will supply 3,200 self-service cash recycling systems to the Russian Post Bank, which is expanding its retail banking network within post office branches throughout Russia. Diebold Nixdorf and its local distribution partner, Terminal Plus, will provide installation…

Study predicts notable increase in auto-deposit, recycling ATMs

An increasing number of bank customers are aware of — and want to see more of — deposit automation terminals, a new RBR report reveals. According to "Deposit Automation and Recycling 2016," the number of deposit automation terminals worldwide rose…

LG CNS introduces LTA-350 cash recycler in NA market

LG CNS has announced the launch of the new LTA-350 cash recycler in North America. The LTA-350 will be available to financial institutions that want to increase efficiency, improve customer service and productivity, and save money, a company press release…

Study: Nigeria surpasses Ghana, UK in ATM use

Nigerian ATMs dispense three times as many notes as those in Ghana and 10 times as many as ATMs in the U.K., according to a new Computer Warehouse Group PLC study. Despite a high level of demand, there are currently…

ABA Bank debuts Cash by Code service in Cambodia

Compass Plus has announced that ABA Bank, in Cambodia, has launched E-Cash, an ATM withdrawal service. The service allows users to transfer money to by sending a code that can be entered into any of the bank’s 140 ATMs within…

Oki wraps up major deployment of cash-recycling ATMs in India

Oki has completed its latest deployment of 600 Oki G7 cash recycling ATMs on behalf of India's largest financial institution, the State Bank of India, the company announced in a press release. This is Oki's second large deployment of cash…

Russian bank halves CIT costs with cash recycling ATMs

In a pilot test, an in-branch system turned over its initial cash supply 16 times; the 377-unit fleet is expected to pay for itself within a year.

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