Branch banking

COLUMBUS, Ohio—Telhio CU has purchased a former Huntington Bank branch here for $2.5 million, with plans to renovate and move in by early 2016.

Nationwide the number of bank branches fell by about 1.7% last year. But some cities and states were hit harder than others, according to data from the Federal Deposit Insurance Corp. and research firm BankRegData.

With the availability of artificial intelligence and sophisticated risk algorithms that can run on mobile devices, some say there’s no longer a need for even stripped-down versions of the branch.

Financial institutions need to have good digital offerings, but they also need to find ways to stand out from the crowd. That's why branches will remain a crucial home base.

Diebold has introduced antimicrobial touchscreens to its automated teller machines.

When you are a company that started out 125 years ago as National Cash Register, you've had to reinvent yourself a few times.

The global ATM market will reach $21.9 billion by 2020, according to a new study by Allied Market Research.

NCR Corp. has installed what it calls the first-ever automated teller machine in Somalia.

As mobile commerce and other new technologies change the way people shop, fraudsters are changing their methods to adapt. Banks, fintech providers and consumers are all looking at security in new ways.

Banco del Pacifico has announced plans to deploy two types of automated teller machines to help serve the underbanked in Ecuador.

TIO Networks has secured a patent that allows the bill payment processor to conduct change-based transactions on reverse automated teller machines.

Diebold reached an agreement with Banco del Pacifico to deploy automated teller machines in Ecuador.

Biometric authentication may seem all the rage now that Apple uses fingerprint authentication in its mobile wallet, but the Bitcoin ATM provider RoboCoin has concluded that biometric technology can be more of a hassle than a help.

Elan Financial Services will use MasterCard's common debit application identifier technology when processing transactions through its MoneyPass ATM network.

Credit unions can and should “re-imagine” their branches to drive growth, according to a new white paper.

Retail ATM operator Cardtronics Inc. is testing a system that takes location-based offers, which are typically linked to a card account or a mobile app, and makes them available to consumers who may prefer to pay with cash.

Apple Pay has launched to considerable buzz, but the technology giant has done little to communicate where its new mobile wallet can be used, leaving its partners to fill the void.

ATMs are an important component of the move to EMV chip payment technology in the U.S.

PHOENIX – Banks need to convert their ATM fleets into modern financial services kiosks that become new profit centers because legacy payments systems are looking more out of touch with modern expectations.

Diebold has released a new series of ATMs that include security protections.