PYMNTS

FEBRUARY 3, 2020

The automated teller machine (ATM) debuted 51 years ago in the U.S., And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. A convergence of factors is at the root of the ATM makeover now underway. It helps explain why the value of the ATM market was $18.44

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ATM Digital Banking Innovation Video 165

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JANUARY 30, 2020

Financial institutions (FIs) cannot simply expect the popularity of debit to persist unaided, however, and must continue to innovate to keep fraud rates at a minimum. Debit network PULSE recently sought to boost its security by adopting a FICO fraud detection platform that can help it quickly detect and respond to suspicious activities.

Security 182

Security Fraud ATM Cards 182

Bank Innovation

AUGUST 10, 2016

The mobile payments app Spare wants to kill the ATM. More specifically, Spare wants to give customers access to cash from merchants for less than the cost of an ATM fee, and more security. To use Spare, customers open their Spare app and locate a nearby merchant with cash on Read More.

ATM 150

ATM Mobile Security Payments 150

ATM Marketplace

SEPTEMBER 17, 2021

This event reveals the importance of using innovative security solutions to keep guests safe. 15, a man in Manhattan simply withdrawing cash was attacked by another man with a hatchet.

Security 115

Security ATM Innovation 115

PYMNTS

JUNE 13, 2017

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

Samsung 119

Samsung ATM Austin Security 119

NCR

OCTOBER 13, 2017

As easy as it might be to perceive a big divide between the modern-day mobile space and more traditional, physical banking via the branch and ATM , it’s becoming increasingly clear that these channels can function in harmony and complement one another. Bringing the ATM and mobile together. The issuing bank funds a virtual card.

ATM 96

ATM Innovation Mobile America 96

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JULY 13, 2017

It’s often declared dead, innovators of all stripes are constantly declaring war on it and it is so out of style that even technologies relating to it are considered doomed to the ranks of historical obscurity. The Literally Mobile ATM (Powered By BMW). What if the ATM came to them? The Tech that Makes It Possible.

ATM 100

ATM Innovation Mobile User Experience 100

ATM Marketplace

MARCH 25, 2022

When it comes to the ATM industry, you need to keep your eye on these two trends: the growth of Bitcoin ATMs and innovative security solutions

ATM 110

ATM Trends Marketing Bitcoin 110

NCR

FEBRUARY 21, 2017

It’s come a long way since 1967, when the very first ATM was installed in London. Today, the ATM is one of the most familiar features of the retail banking landscape. Let’s take a look at some of the key developments that have made the ATM what it is today. The ATM arrives. The introduction of the PIN.

ATM 85

ATM Innovation New York City New York 85

ATM Marketplace

DECEMBER 22, 2023

The recent Self-Service Innovation Summit provided examples of payment systems, interactive touchscreens, voice interaction modules, AI-enabled identity verification software, multi-cellular routers, scan engines, security systems, self-service robots and more.

Innovation 112

Innovation ATM Software Examples 112

PYMNTS

SEPTEMBER 12, 2017

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

Innovation 122

Innovation ATM Trends Mobile 122

PYMNTS

FEBRUARY 27, 2020

Online and mobile banking’s increasing popularity has driven many credit unions (CUs) to embrace self-service models, emphasizing ATMs, digital banking and other remote services, and reducing physical branches’ importance. O’Donnell noted that the CU is shifting toward self-service for two reasons. “If

Nevada 131

Nevada Innovation Security ATM 131

NCR

APRIL 26, 2017

Developments in technology and business practices have helped banks to protect their ATMs more effectively than ever before. The ATM Industry Association’s (ATMIA) 2016 annual fraud survey found that the proportion of respondents revealing a general increase in ATM crime dropped to 42 percent , from 51 percent in 2015.

ATM 81

ATM Security Fraud Cards 81

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. But innovation efforts continue for retail pharmacy operations. That’s not the only area of innovation in this part of the retail world. Delivery Push.

Retail 136

Retail Innovation United States ATM 136

Cisco

NOVEMBER 16, 2020

Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Build together the Secure Retail Bank of the Future.

Security 137

Security Compliance Video ATM 137

PYMNTS

APRIL 2, 2019

The bank said it will enable customers to tap to initiate an ATM transaction at more than 13,000 ATMs around the country later this year. The ability to use a contactless debit card to tap and initiate an ATM transaction relies on near-field communication (NFC) functionality, the same technology Wells Fargo introduced in October 2017.

Cards 209

Cards ATM Security Payments 209

PYMNTS

JUNE 20, 2018

In meetings and calls with analysts last week, executives from top banks such as Bank of America , JPMorgan Chase and Citi — along with payment companies such as Visa — explained how they are leveraging technology to drive innovation. Bank of America. In addition, Athanasia said that the bank has enhanced its mobile app with Zelle.

Mobile 150

Mobile Innovation Payments America 150

PYMNTS

DECEMBER 23, 2020

Securities and Exchange Commission ’s lawsuit contending that the blockchain firm connected to the digital currency held a $1.3 billion securities offering that was not registered, CNBC reported. The SEC’s complaint centers on the contention that the digital currency should be dealt with as a security in lieu of a currency.

Bitcoin 215

Bitcoin Security Capital ATM 215

PYMNTS

JANUARY 23, 2020

The fee-free account offers features that include high-yielding interest, reimbursements from ATMs, smartphone-enabled check deposits and P2P functionality. It is imperative that our partners are leaders in technological innovation, security and enhanced benefits, and Mastercard is an industry leader across all of those areas.”.

Los Angeles 228

Los Angeles Cards ATM Payments 228

PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Drive-thru ATMs attached to bank branches have been in use for decades, but FIs are now relying on them as sole points of customer contact.

Technology 248

Technology ATM Video Tools 248

PYMNTS

DECEMBER 31, 2020

That’s happening as ATMs become ITMs to take on their renewed role in branch banking. “A A survey from September 2020 found that 54 percent of Americans desired a contactless way to open new financial accounts or access existing ones, and new ATMs are being developed to meet these demands,” per the Tracker.

ATM 307

ATM Massachusetts Study Operations 307

PYMNTS

JANUARY 28, 2020

In the January Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including a retrospective look at the CU industry in the 2010s, an examination of hybrid cloud technology and a new synthetic identity security threat that could steal hundreds of thousands of dollars. Around The Credit Union World. billion in 2009 to $1.54

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

DECEMBER 27, 2020

bitcoin has become available at over 16,000 ATMs in December of this year, a press release from East London-based cryptocurrency company BitcoinPoint says. With the new updates, holders of bitcoin can cash out their money at Cashzone ATMs, which are the country's most widely-used machines. 25) and then $26,000 on Saturday (Dec.

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Bitcoin Miami cryptocurrency ATM 254

PYMNTS

JULY 18, 2016

It could be getting a whole lot easier to get cash out of ATMs, as FIS and ATM provider Payment Alliance International recently announced plans to bring Touch ID access to 70,000 ATMs across the U.S., It will even allow ATM customers to verify themselves with Touch ID to confirm the withdrawal and take out their cash.

ATM 100

ATM Apple America Cards 100

NCR

FEBRUARY 24, 2017

The ATM is now 50 years old, having made its debut at Barclays’ branch in Enfield, North London in 1967. The ATM has become a vital component of the global banking system, offering just as many benefits for financial institutions (FIs) as it does for consumers. Useful extras. Brand exposure. ” New customer experiences.

ATM 85

ATM Customer Experience Examples Innovation 85

PYMNTS

JUNE 28, 2017

The space changed when Barclays Bank announced the launch of the world’s first ATM machine which could dispense up to ten £1 pound notes in exchange for a bank-issued voucher. Fast track to today and the United Kingdom is home to more than 70,000 ATM machines used by 94 percent of the adult population. That was 50 years ago.

ATM 100

ATM Cards Payments Marketing 100

Bank Innovation

FEBRUARY 26, 2016

At JPMorgan Chase’s Manhattan headquarters, digital technology and interior design came together in a model branch that Bank Innovation toured last week. As with many branch-of-the-future models, self-service via tablets and enhanced ATMs, as well as fluid movement around the space, are Read More.

ATM 150

ATM Innovation Technology Cards 150

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. Image: iStock/Piranka.

ATM 85

ATM Mobile Strategy Fraud 85

PYMNTS

SEPTEMBER 15, 2016

Another day and another security threat for consumers with cards to worry about. Today’s security special comes care of the Secret Service — which is warning banks and ATM firms about the dangers of “periscope” skimmers. Fake button skimmers exist — but they are rare as they are expensive to produce.

Cards 100

Cards ATM Innovation Connecticut 100

PYMNTS

FEBRUARY 2, 2018

ATMs in and around U.S. In the Lounge, guests will have the opportunity to try out a contactless payments experience featuring Diebold Nixdorf’s latest concepts — and some other innovations, too. “We Huge shares of budgets in both sectors are going toward improving the user experience through consumer-facing innovation.

Minneapolis 150

Minneapolis ATM User Experience Innovation 150

PYMNTS

MARCH 1, 2017

Creating innovation that’s both meaningful and lasting requires more than just coming up with a great idea. PYMNTS: How would you define your company’s approach to innovation? TC: Traditionally, we’ve relied on our partners and client advisory committees to help direct our innovation, which in a way made us a fast follower.

Innovation 100

Innovation Payments Fraud Trends 100

PYMNTS

OCTOBER 30, 2018

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. They don’t necessarily have a [deep] security background. They might want to innovate, but take shortcuts on security.”

Mobile 184

Mobile UX Security Fintech 184

PYMNTS

DECEMBER 21, 2018

A bipartisan bill has been introduced by Congress that would aim to amend the Securities Act of 1933 and the Securities Exchange Act of 1934. Our intent is to achieve a similar win for America’s economy, and for American leadership in this innovative space,” Davidson said. According to CNBC , Reps.

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Bitcoin cryptocurrency Ohio Security 175

ATM Marketplace

JANUARY 5, 2021

At the Self Service Innovation Summit entitled, The Future of Secure Issuance: Creating a foundation of trust, Andy Cease, product marketing manager for Entrust, moderated a panel discussion that covered issuance, identification and authentication as well as future trends.

Security 101

Security Trends Innovation Management 101

PYMNTS

JUNE 19, 2020

Alongside the announcement of the PayID launch, “memorizing crypto wallet addresses is the most significant pain point for our users, which is inconvenient, but poses considerable security risks.” The coalition has said, too, that it is compliant with Financial Action Task Force mandates known as the “travel rule.”

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Payments ATM Course cryptocurrency 265