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Central and Eastern Europe News & Media

Sustainable Banking: A Guide to Taking Action

Financial institutions are faced with major questions in responding to the challenges of sustainable development -how to integrate environmental, social and…

Presented by Diebold Nixdorf

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Auriga plans for further growth in Iberian peninsula with new senior sales hire

Auriga announces the appointment of Ángel Arenillas Yuste as the new Head of Business Development and Sales for Spain and Portugal.

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Russian bank intros cash-counting robot

May 24, 2021

VTB, a Russian bank, has introduced robots to count cash at the cashier desk. This will in turn help increase cash processing speed and free up employees to…

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US dollar swap with foreign central banks extended

December 17, 2020

In the early stages of the pandemic, The Federal Reserve set up a $60 billion swap of U.S. dollars for foreign currency with the central banks of Australia…

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Cash matters: Now, more than ever in the time of coronavirus

Key organizations representing various facets of the payments industry came together to advocate globally for cash and its importance in economies worldwide.

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Terminal fraud attacks increasing in Europe

April 14, 2020

Terminal fraud attacks were up 35% in 2019, according to the European Association for Secure Transactions. It released the European Payment Terminal Crime…

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Loomis acquires Finnish ATM, cash-handing firm

February 26, 2020

Loomis AB acquired Finnish cash management and ATM firm Automatia Pankkiautomattit Oy (Automatia) for 42 million euros ($45.6 million), which includes…

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KAL and Ceska launch first Windows 10 ATM on Linux Hypervisor

January 15, 2020

KAL ATM Software and Ceska sporitelna announced the launch of the first ATM running Windows 10 on a Linux Hypervisor.

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NEC unit Banqsoft acquires E Foqus financial software business

January 7, 2020

NEC Corp. announced that Banqsoft, a Norway-based subsidiary of its Denmark-based KMD unit, has acquired part of Danish software firm E Foqus, specifically the…

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Link head of strategy: 'Contactless cards driving move away from cash in UK'

by Amy Castor — Editor, Networld Media Group

Graham Mott, head of strategy at Link, which oversees the U.K.'s network of ATMs, believes that contactless cards are behind the globe's shrinking reliance on…

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Government-decreed bank closure results in run on Greek ATMs

June 30, 2015

After their government ordered the closure of troubled banks and limited ATM cash withdrawals to 60 euros, panicked Greek citizens mobbed the nation's ATMs.

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BPC, Russian bank partner on ATM support for visually impaired

June 5, 2015

Software voices all transaction processes in Russian or English, depending on choice. Sound support is also provided for the ATM keyboard.

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Government proposal would let Danish retailers reject cash payment

May 11, 2015

The measure would save retailers considerable expense related to cash-handling and security, the government claims.

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EAST cases out ATM crime stats in 2014 full-year report

April 15, 2015

Though ATM fraud incidents fell by more than a quarter for the year, a reduction in losses did not follow — in fact, the cost of ATM-related crime rose by…

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Cardtronics adds Poland to its ATM portfolio

March 13, 2015

The company plans an initial rollout of 100 units at gas stations, convenience stores and groceries in Poland, where cash is the dominant payment method.

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Polish banks confirm plans to launch HCE mobile payments

January 8, 2015

The FIs will use Visa's cloud-based payment specifications for their apps.

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EAST publishes European ATM crime stats in third 2014 update

November 25, 2014

ATM fraud losses continue to migrate from EMV-enabled areas in Europe to non-EMV countries — and the bulk of them continue to occur in the US.

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Travelex, Wincor re-up ATM processing contract for 7 years

November 18, 2014

Wincor Nixdorf will continue as processor for Travelex ATMs in Europe, and will migrate devices in Asia Pacific and North America onto its global platform, as…

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Fraud-fighting measures working in UK, FICO says

November 18, 2014

Losses from card-not-present fraud increased, but so did the number of card transactions, leaving the overall rate unchanged, the company said.

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Wincor Nixdorf holds steady on annual net sales — with some rebalancing

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Hardware and banking sales sagged, but increases in retail and software earnings took up the slack, CEO Eckard Heidloff said in the company's annual press…

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