ATMs

Technology never stands still, and even the most successful mobile wallets in the market need to keep pace with the needs of consumers and merchants. A few are making changes that position them for new markets and platforms in the near future.

At a time when customers are rapidly switching to digital banking, scores of branches are closing. But many institutions — mindful that brick-and-mortar locations remain a critical sales channel — are also experimenting with physical layouts that are focused on technology and generally smaller than traditional branches. In some cases, they have even done away with employees. Here is a look at some of the designs that banks have built as they seek to fuse the physical with the digital.

Bank of America is revamping its retail network and upgrading its ATMs as it rolls out a new type of branch that bridges the physical and digital worlds.

The terminal and ATM maker, which is making a number of changes to its business, expecs the plant will be phased out by the end of the third quarter.

CO-OP, FCTI reach agreement keeping 8,000 ATMs in convenience markets nationwide.

The Senate voted 53-47 to approve Steven Mnuchin as Treasury secretary; customers will soon be able to access cash at ATMs using their cellphones

The American Bankers Association has added a feature to its national crime database to help banks monitor and analyze ATM skimming.

Spark ATM expects the deal will help expand services offered to local banks and retailers in South Africa and other markets in the region.

More than half of consumers visit an ATM at least once a month, although men—and Baby Boomers—tend to get cash more often, according to a new survey from TD Bank.

Mastercard’s $920 million acquisition of VocaLink hasn’t cleared all the regulatory hurdles yet, but it’s closer to the finish line now that the U.K. Competition and Markets Authority (CMA) has said it will consider a strategic solution Mastercard has proposed to offset potential threats to competition.

The U.K.’s Competition and Markets Authority (CMA) is on the verge of announcing its decision in its regulatory review of Mastercard’s acquisition of VocaLink, the London-based agency said.

Cardtronics is bringing its relationships with Citi and Walgreens together, bringing Citi branded ATMs inside Walgreens locations across the U.S.

Payment companies' efforts to modernize by connecting systems through partnerships and acquisition has invariably caused a chain reaction of competitive issues in the eyes of regulators.

Cardtronics has completed its acquisition of Canadian ATM operator DirectCash Payments.

When Diebold wrapped up its $1.8 billion Wincor Nixdorf acquisition last August, there was one asterisk on the deal: The U.K. Competition and Markets Authority (CMA)—which this week threw a flag on Mastercard’s proposed acquisition of VocaLink—wanted to explore whether the ATM network giants’ merger stifled local competition.

Mastercard's $900 million acquisition of British payment company VocaLink is under fire, as the U.K.'s Competition and Markets Authority contends the deal will give the card network an unfair advantage in ATM-related negotiations.

Cash machine transactions have held steady over the past three years, despite the rise of mobile and peer-to-peer payments, according to Andy Mattes, CEO of ATM manufacturer Diebold Nixdorf. "Consumers embrace all types of payment," Mattes says.

Several community banks are turning their bright ideas into cold hard cash by selling or licensing products to other institutions.

After news of possible reductions in withdrawl limits, casino stocks suffered steep losses.

Lines are nothing new in Venezuela, where the economy is shattered. Now added to the indignities of daily life in a country desperately short on most everything except crime is the ATM hustle, as banks crack down on what customers can take out.