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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.
May 8 -
Diebold’s purchase of Wincor Nixdorf made plenty of sense as a merger of two ATM giants. But that's not what the companies want to become.
May 2 -
As the smartphones become ATM cards, a new set of security risks emerges. Thorough ID protection is necessary to keep no-card ATMs secure.
April 25
iovation -
Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.
April 24 -
Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.
April 19 -
In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards.
April 12 -
The deal had been held up by U.K. regulators over concerns about competitive balance.
April 11 -
As banks work to integrate their mobile apps with their physical channels, the march toward universal cardless ATM technology continues.
March 27 -
As multi-factor identification becomes the norm, biometrics can be one or more steps that consumers can easily execute.
March 27
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