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Are ATMs The ‘Mini-Branch’ Of The Future?

PYMNTS

The ATM isn’t living up to its full potential, a fact that’s really starting to come into focus for financial institutions (FIs) under COVID-19. The days of the ATM serving as just a quick cash dispensary are numbered, Sonia Sedler , Diebold Nixdorf ’s global head of managed services and banking strategy, told PYMNTS in a recent discussion.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers. In addition, the report says, services that were once available only at branches, such as loan or credit card applications, are being moved to mobile apps and ATMs. On Monday (Oct.

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Virtual Tellers And Workhorse ATMs: Banking’s New (Digital-First) Normal

PYMNTS

The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes. Reinventing The ATM. Banking in the post-pandemic age, and with a “digital-first” mindset may also see a reinvention of the ATM, said Brown.

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N26 Introduces New Subscription Money Management Tools

PYMNTS

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. Also included are five no-charge ATM withdrawals each month.

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Cash Infusion for Candescent and Lumin: Now What?

Gonzobanker

Will new infusions in the digital banking space translate to real innovation? This year has delivered many that wasnt on our digital 2024 bingo card moments for our industry. NCR, known for its ATM and POS solutions, had stepped into digital banking to expand its offerings for banks and credit unions.

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The Digital Banking Market Is Lit With Lumin and Candescent: So What?

Gonzobanker

Will new infusions in the digital banking space translate to real innovation? This year has delivered many “that wasn’t on our digital 2024 bingo card” moments for the team at Cornerstone Advisors. NCR, known for its ATM and POS solutions, had stepped into digital banking to expand its offerings for banks and credit unions.

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NCR Closes In On Deal To Buy Cardtronics For $1.7 Billion

PYMNTS

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes. billion, those with knowledge of the matter told WSJ.

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