ATMs

By October of this year, ATM owners in the U.S. have to replace or upgrade their machines to accept chip cards or face liability for certain types of fraud. But the upgrade and related ongoing maintenance are so expensive that cash-machine operators like Abe Ayesh, who helps manage about 8,000 ATMs mostly on the East Coast, plans to shut down some of them.

Bank of America is betting on consumers’ future intentions over their current actions when it comes to building its digital wallet strategy.

PNC Financial Services Group has been named the official bank of the University of Kentucky, its 50th such partnership with a college or university.

Coin-counting machines came into vogue in the 1990s when Commerce Bank started installing "Penny Arcades" in its branches throughout New Jersey. They were a huge hit for a while, but banks have soured on the machines in recent years as usage declined and maintenance costs increased.

TD Bank announced Thursday that is doing away with the Penny Arcade coin-counting machines that are stationed in more than 1,000 of its branches along the East Coast.

Citigroup is testing Bluetooth beacon technology in a pilot that gives customers cardless access to branch ATMs after business hours, among other services.

One of the biggest problems American travelers faced when chip cards became mainstream in Europe was buying tickets at self-serve kiosks in train stations. With no ticket attendant, travelers risked becoming stranded because their mag stripe cards weren't recognized.

CU Anytime will upgrade its ATM management system to a software platform provided by NCR Corporation and INETCO Software.

Diebold acquired enough Wincor Nixdorf shares to complete the purchase of its German rival, a deal that creates a maker of cash machines and systems with more than $5 billion in sales.

Diebold has acquired enough Wincor Nixdorf shares to complete the purchase of its German rival, a deal that creates a maker of cash machines and systems with more than $5 billion in sales.

In a move that counters Sweden's reputation as a country that encourages its citizens to not use cash in the payments network, The National Bank of Sweden is asking regulators to make access to cash a legal right.

Wings Financial Credit Union has scored a deal to take over a branch from U.S. Bank at Minneapolis-St. Paul International Airport.

Bluetooth beacons — small nightlight-sized devices that can communicate with a mobile app as shoppers move throughout a store — may have the same potential for bank branches as they do for mega-retailers like Target Corp.

Vidyo, a startup whose video technology is used in Google Hangout, said Tuesday it was tapped by automated teller machine-maker NCR to provide video conferencing software for NCR's 250 bank and credit union customers.

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

NCR Corp. has customized a payment kiosk for E. Sun Bank in Taiwan, the first of its kind for the island nation.

To Diebold Inc., the nation’s largest ATM maker, the ongoing shift to omnichannel commerce is as much a threat as it is an opportunity.

Cardless ATMs are still a rare sight in the U.S., but the use cases are proliferating for companies that want to upend traditional cash machines.

Several big banks have promised their customers cardless ATMs this year, but customers of the $1.2 billion-asset Avidia have been able to get cash without taking out their cards since last summer.

TCF Financial in Wayzata, Minn., will close 33 branches inside Jewel-Osco stores in the Chicago area.