Quantcast

Huntington to Add Image Capture at ATMs

FEB 13, 2013 1:52pm ET
Print
Email
Reprints

Huntington Bancshares (HBAN) plans to upgrade hundreds of its automated teller machines to add image-capture technology, and will roll out mobile deposit later this year.

The Columbus, Ohio, company will convert 450 of its 800 ATMs to image capture by the end of the year, reports Columbus Business First. The bank expects the ATM upgrades to lower the number of transactions at its branches by 10%, the report said, citing Huntington’s director of retail and business banking. Mary Navarro.

The first to be converted will be 110 machines located in central Ohio, which are scheduled to be upgraded by March 4. The bank will finish the remaining conversions by June. It also plans to launch an app that will allow customers to deposit checks with their smartphones, Columbus Business First reported.

The $56 billion-asset Huntington National Bank has 929 offices in seven states, according to information from the Federal Deposit Insurance Corp.

JOIN THE DISCUSSION

SEE MORE IN

RELATED TAGS

 

 
Seven Stories in Regulation and Reform You Shouldn’t Miss

Editor-at-Large Barbara A. Rehm broke an exclusive story last week detailing the results of the OCC's private tests of the 19 largest banks on corporate governance. The results are shocking. (Image: Thinkstock)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
You must be registered to post a comment.
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Email Newsletters

Get the Daily Briefing and the Morning Update when you sign up for a free trial.

TWITTER
FACEBOOK
LINKEDIN
Marketplace
Fiserv is a leading global provider of information management and electronic commerce systems for the financial services industry.
Learn More
Informa Research Services is the premier provider of competitive intelligence, mystery shopping, and compliance testing services to the financial industry.
Learn More
CSC is a leader in private-label, third-party loan servicing with 30+ years of proven experience in delivering effective, cost-effective solutions.
Learn More
Already a subscriber? Log in here
Please note you must now log in with your email address and password.