COVID-19 prompts interest and innovation in cardless ATM withdrawals
The number of ATMs offering cardless cash withdrawals is increasing as deployers around the world continue to embrace contactless technologies and adopt new solutions USA sees the largest increase inavailability of cardless cash withdrawals RBR’s new report, Global ATM Market and Forecasts to 2025, reveals that the number of ATMs providing cardless withdrawals rose by 26% in 2019.
Most countries see growth in ATMs despite pressure from cashless payments
Payment cards and other cashless payment methods are reducing demand for cash, but many countries and sectors remain heavily cash dependent Fall in number of ATMs worldwide skewed by China data According to RBR’s brand new report Global ATM Market and Forecasts to 2025, the number of ATMs worldwide fell slightly in 2019, contracting by 15,000 units – half a percentage point. China is the main driver of this decline, itself seeing a fall of 30,... more
Recycling ATMs in Latin America to treble by 2024
Deposit automation and recycling terminals are revolutionising the way banks operate across the globe, allowing routine transactions to be migrated from the teller to self-service, significantly reducing cash management costs Brazilian banks look to recyclers to reduce CIT costs
Brattleboro Savings & Loan Selects NCR to Elevate Digital Banking Experience
NCR (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Vermont-based Brattleboro Savings & Loan (BS&L) chose NCR to provide customers and businesses with a superior digital banking experience. With the NCR DI platform, the bank will consolidate three vendors that previously supported digital banking into one, simplifying operations and increasing efficiency in the back office.
Fintech Paymentology goes live with fastest certification for Hong Kong’s 3,000 ATMs
Leading paytech, cloud based payment processor Paymentology, has achieved certification in record time from Jetco, the consortium of thirty leading banks in Hong Kong and Macau, which owns the 3,000 ATMs across the region, to support the launch of a new digital bank in Hong Kong.
Belgian Banking Joint Venture JoFiCo Chooses Diebold Nixdorf As Its Sole Partner In Comprehensive ATM As A Service Agreement
Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, announced today it signed an ATM as a Service agreement with JoFiCo, a joint venture created
Discover remains the most widely accepted card scheme worldwide
The influence of China on global card acceptance is shown by the fact that Discover is accepted at more outlets than Visa and Mastercard as a result of agreements with UnionPay and other schemes Reciprocal agreements boost acceptance for Discover, UnionPay and JCB
PayNearby launches Micro ATM at nearby retailer shops to address the issue of ATMs running dry
- 5 years 5 months ago
- ATMs
PayNearby, India’s leading hyperlocal FinTech network is on a mission of building an eco-system that will redefine access to financial services for the underbanked. As part of this mission, the company has added a critical extension to its bouquet of services with the launch of its own network of Micro ATMs. The new offering has been launched for their retail touchpoints across the country. The company has tied up with National Payments... more
Financial inclusion continues to drive ATM growth in Asia
- 5 years 7 months ago
- ATMs
Asia-Pacific is home to almost half of the world’s ATMs, and within this vast region, some countries continue to witness impressive growth, whilst others have started to shrink Asia-Pacific’s longest established ATM markets have been contracting
Sberbank clients get ‘personalised’ ATMs
Sberbank has personalised the menu of its ATMs. Now, after a client enters their PIN code they will see a main screen that features the options they have used the most in the past, as well as relevant personal offers from the bank. In particular, the system suggests the amount the client should withdraw based on their past cash withdrawals and even wishes them a happy birthday and offers a present. This new feature is available on 44,000... more
Rise in Cybercrime Tops the Agenda at ATM & Cyber Security 2019
Recent high profile cyber attacks and increasingly sophisticated threats to ATMs are creating a challenging security environment for the banking industry. At RBR’s ATM & Cyber Security 2019 banks will come together to learn from experts representing organisations such as Google, Barclays Bank, CaixaBank, Nationwide, SEB and the UK Police Understanding the scale of risk is essential
RBR Research Reveals Independent Deployers Take Over Bank ATM Sites
RBR’s Global ATM Market and Forecasts to 2024 analyses different types of ATM deployer and their ATM location strategies. Banks across the world are rationalising their branch and ATM networks in response to continued growth of card and mobile payments and falling branch footfall. Historically, off-site ATMs have provided banks with a lower cost way of extending their footprint, but even for these locations, banks are critically analysing sites... more
Renovite and Altron Bytes MS to Deliver 21st Century ATM Services
Leading technology firm Altron Bytes Managed Solutions (Altron Bytes MS) and payments specialist Renovite Technologies have announced a new strategic partnership which will revolutionise the ATM channel. The agreement will see the two businesses help financial institutions bring innovative new services to market, echoing the level of modernisation seen elsewhere across global financial services.
Worldwide Demand for ATMs Dropped for the First Time
- 5 years 11 months ago
- Cash management, Payments, ATMs, Banking
China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably.
The next generation of ATMs and self-service is based on advanced software
- 6 years 9 months ago
- ATMs
New research indicates the importance of enhanced ATM interactions and personalisation Banks are increasingly using advanced ATM software platforms to modernise customer identification and authentication, improve customer personalisation and maximise the performance of their ATMs and self-service channels. These are some of the key findings from ATM Software 2018, an in-depth survey of the world’s leading banks, examining their perspectives on... more
