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By eliminating the friction of a cardless ATM, the utility value of the mobile wallet has just increased by an order of magnitude, writes Dan McKinney, co-founder and chief marketing officer at Finxact.
August 30
Finxact -
JPMorgan Chase & Co., Wells Fargo & Co. and Comerica Inc. are among banks waiving ATM fees for Houston-area customers following flooding from Hurricane Harvey.
August 29 -
Cardtronics CEO Steven Rathgaber will retire at the end of the year and will be replaced by Edward West, the ATM operator's current chief operations and financial officer.
August 21 -
The ransomware threat is likely to get a lot worse before it gets better — if it ever does. And small merchants and ATMs may be the most at risk.
August 10 -
NCR Corp. says new ATM software it has placed in units at a European bank will "future proof" the machines and deliver more functions in an advancing contactless payment world.
August 9 -
Six states and D.C. still charge in-network fees when unemployed workers cash in assistance delivered through prepaid cards.
August 2 -
As ATMs on large bank networks increasingly use mobile phones for account access — a trend driven in part by mobile banking — non-bank ATM operators are working to enable the same features to attract mobile-savvy cash users.
July 25 -
The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.
July 7 -
The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.
July 6 -
IT work is getting more complex, and that's delaying revenue, according to Diebold Nixdorf.
July 5 -
More consumers will soon be able to withdraw cash at ATMs by using their mobile phones as a remote control via Cardtronics, which has decided to extend FIS Cardless Cash to all of its U.S. ATMs over the next two years.
June 29 -
Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds so facial-recognition software can verify their identity and help monitor transactions.
June 29 -
With this latest batch of new contracts, the credit union service organization now counts 23 of the 25 largest CUs as clients.
June 27 -
Mobile ATMs are generally more secure than card-based machines, but still require more security than more traditional digital transactions, writes Sam Shawki, founder and CEO of MagicCube.
June 20
MagicCube -
Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more.
June 2 -
ATMs tend to run on older versions of the Windows operating system, which potentially makes them targets for ransomware that preys on such vulnerabilities.
May 30 -
Automated teller machines have come a long way since Barclays rolled out the world’s first ATM at a branch in north London 50 years ago. Here’s a look at some of the milestone moments and key innovations in ATM technology over the past five decades.
May 26 -
Automated teller machines have come a long way since Barclays rolled out the world's first ATM at a branch in north London 50 years ago. Here's a look at some of the milestone moments and key innovations in ATM technology over the past five decades.
May 23 -
The gray-bearded ATM would seem like a goner since mobile usage is surging and cash withdrawals are flatlining. But banks such as JPMorgan, B of A and PNC are pouring money into overhauling them in a bid, oddly enough, to attract a younger generation of customer.
May 22 -
As China's only gambling center, the island has become a crime risk, pressuring greater security for card transactions.
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