Tagged: atms

UK: Financial Conduct Authority Updates on Ongoing Eradication of Illegal Crypto ATMs

The Financial Conduct Authority (FCA) has issued a statement on its ongoing crackdown of crypto ATMs in the UK that are not authorized. The FCA says it has investigated 34 locations in the UK since the start of the year, typically working with other law… Read More

UK’s FCA Takes Action Against Unregistered Crypto ATM Operators in Leeds

The Financial Conduct Authority (FCA) has used its powers “to enter and inspect several sites around Leeds suspected of hosting illegally operated crypto ATMs.” The FCA gathered evidence from several sites “around the city as part of a joint operation with West Yorkshire Police’s Digital… Read More

Payments Tech Firm Brightwell Launches ATM Program Solutions for Maritime Clients

Atlanta-based global payments technology company Brightwell launched its ATM program solutions that “offer a cost-effective way for the cruise industry to drive revenue while lowering ATM operation costs.” By partnering with NCR, the largest provider of ATM software applications and hardware, and Travelex, the “market… Read More

NCR, a Tech Provider to Banking Institutions, to Separate Into Two Independent Firms

NCR Corporation (NYSE: NCR), an enterprise technology provider to banks, retailers and restaurants, announced its Board of Directors has unanimously “approved a plan to separate NCR into two independent, publicly traded companies – one focused on digital commerce, the other on ATMs.” The separation is… Read More

NCR Corporation Provides Services to Support Bank of New Zealand’s ATM Network

NCR Corporation (NYSE: NCR), an enterprise technology provider, announced a strategic relationship with the Bank of New Zealand (BNZ), one of the largest banks in the country. Through its NCR ATM as a Service solution, NCR will “run the bank’s ATM fleet as part of… Read More

Langley Federal Credit Union Chooses Diebold Nixdorf as ATM as a Service Provider

Diebold Nixdorf (NYSE: DBD), an international firm focused on driving connected commerce for the financial and retail industries, has announced that it will “operate and manage the entire self-service banking channel for Langley Federal Credit Union (FCU).” The credit union will implement “the full suite… Read More

Digital Banking: C6 Bank Clients May Now Use Chase ATMs Free of Charge

C6 Bank clients who have a global account with a US dollar or Euro balance are now able to withdraw cash from Chase ATMs free of charge beginning on February 24, 2022. The ATM network is available in the US and has over 16,000 units… Read More

Fidelity Bank Upgrades Self-Service Network with Diebold ATMs

Diebold Nixdorf (NYSE: DBD), an international leader in supporting connected commerce for the banking and retail sectors, reveals that Fidelity Bank will be replacing its self-service network with DN SeriesTM ATMs, updating to the latest technology. As mentioned in a release, the new Windows 10… Read More

Cardless ATM Withdrawal Services to be Offered in Hong Kong by Ping An OneConnect Bank and JETCO

Ping An OneConnect Bank (PAOB) recently revealed that it has teamed up with JETCO in order to provide cardless ATM withdrawal services. PAOB clients will now have the option to make cash withdrawals from over 1,700 JETCO ATM machines based in Hong Kong. Customers may… Read More

Indian Fintech RapiPay to Install 500,000 Micro ATMs in the Country as Its Not Ready to Give Up Cash and Switch to Digital Payments

Fintech firm RapiPay, a subsidiary of Capital India Finance, revealed on September 8, 2020, that it’s planning to install 500,000 micro ATMs (mATMs) in the country during the next two years. RapiPay uses a franchised retail network to offer banking business correspondents (BCs) services. The… Read More

UK FCA Worried about Access to Cash as Bank Branches Shutter, ATMs Go Away

The UK Financial Conduct Authority (FCA) has published draft guidance on their expectations for banks and availability to cash in a market that is seeing a growing number of bank branches closing and ATMs going away. The regulator states that it wants to ensure that… Read More

Spain’s Retail Banking Group, Caixabank, Introduces Facial Recognition for ATM Withdrawals instead of Manual PIN Code Entry

Caixabank, a retail banking group in Spain, will be introducing facial recognition technology at 100 ATM locations across the country. The bank’s customers will be able to make withdrawals without having to enter their PIN codes. Facial recognition tech is also being used at the… Read More

Fintech Ripple’s Partner, SBI Holdings, to Integrate MoneyTap Settlements Platform to Process Transactions via ATMs in Japan

Ripple company partner and investor, SBI Holdings, is planning to integrate the Fintech firm’s technology, in order to process transactions via ATMs throughout Japan. SBI’s management noted in its recent financial report that it will integrate the Ripple technology-based settlements solution, MoneyTap, with ATMs operated… Read More

Cash Withdrawals Drop 60% in the UK Following Nationwide Lockdown Due to COVID-19 Outbreak

The Coronavirus (COVID-19) outbreak has dramatically affected cash transactions in the United Kingdom, as ATM withdrawals dropped by 60% during the lockdown period. Approximately 75% of UK residents confirmed that they’re not handling physical currency notes nearly as much as they were before the ongoing… Read More

Banking Challenger Branch Partners Cardtronics to Offer Surcharge-free Access to Cash at Allpoint ATMs in the US

Branch, a banking challenger that works cooperatively with employers to assist Americans in growing financially, has partnered with Cardtronics (CATM) and its Allpoint Network, in order to give Branch’s clients surcharge-free access to cash at Allpoint ATMs based in the US. According to a press… Read More

Cashless Payments Have Become Popular, But Demand for Cash Still Strong in Rural and Unbanked Communities: Report

Cashless or digital payments have become increasingly popular, however, cash still remains a widely-used payment method in most nations, especially in rural communities and jurisdictions with a large unbanked population. Following many years of steady growth, the total number of cash withdrawals made via ATMs… Read More

Bank of America Files Patent For Blockchain-Powered ATMs

Bank of America (BoA) has officially filed a new patent for its blockchain-powered ATMs. According to the patent, which was notably filed on December 25th (Christmas Day), the cash handling device will be able to utilize blockchain technology and/or other secure communications technology to facilitate operations. It was… Read More

Coinsource Launches Five Bitcoin ATMs in Phoenix

Coinsource, a bitcoin ATM network, announced on Monday it launched five new machines in Phoenix Metropolitan Area, marking its first venture into Arizona. According to the company, the bulk installation caps off a strong first and second quarter, with it installing 50 machines so far… Read More

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