Branch banking

NCR has reached an agreement for an $820 million investment from private equity giant Blackstone Group, which it will use to fund a $1 billion stock buyback.

Millennials are increasingly shunning big banks and going local with their money.

The Shazam PIN debit and ATM network has added the Independent Community Bankers Association of New Mexico to its client list.

Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.

The widespread adoption of online and mobile banking has largely happened at a time when rates have been near zero. At some point, rates will rise and the value of the experience will be pitted against the value of a yield for depositors. Rate-hoppers will be able to move at an unprecedented speed.

While Diebold and Wincor Nixdorf may soon merge to form the world's largest ATM company, NCR is working harder than ever to set itself apart in the rapidly changing ATM/self-service payment market.

In buying Germany's Wincor Nixdorf, Diebold would not only be eliminating a rival — it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.

Diebold would not only be eliminating a rival in buying Germany's Wincor Nixdorf — it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.

Diebold Inc. offered 1.57 billion euros ($1.8 billion) in cash and stock to acquire its German rival, Wincor Nixdorf AG, in a bid to create the biggest maker of cash machines and security systems with about $6 billion in sales.

NCR Corp. is providing its ATM operation management software to the Commercial Bank of Ethiopia to remotely monitor and operate the bank's 1,200 multi-vendor ATMs.