article thumbnail

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.

ATM 296
article thumbnail

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

PYMNTS

The opportunity, Doug Brown, senior vice president and general manager of NCR Digital Banking, told Karen Webster, lies in embracing a “digital-first” mindset that can create a better experience — even a touchless experience — for consumers. Reinventing The ATM. Call it a way to be physical even while being virtual.

ATM 307
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[LIVE WEBINAR] ATM management and total cost of ownership: Insights and action plans

Payments Dive

Date: September 26, 2017 | Time: 11:00 AM EST | Duration: 1 Hour | Join our webinar to gain essential insights into issues from financial institutions and ATM deployers polled in Fiserv’s Global ATM Total Cost of Ownership survey.

ATM 207
article thumbnail

Doing Battle With Holiday Fraudsters At The ATM

PYMNTS

Well, that means trips to the ATM. For fraudsters, armed with new technologies, the ATM is fertile ground for fraud. In an interview with PYMNTS, David Phister, director of systems security product management at Diebold Nixdorf , said that when it comes to combatting fraud, “holiday seasons are always tough.”

ATM 227
article thumbnail

Bank of America’s New Mobile App Unveils Cardless ATM Withdrawals and PFM Tool

Bank Innovation

EXCLUSIVE – Bank of America’s mobile app got a makeover today with a set of new features including a cardless ATM option. The cardless ATM option maybe the most interesting […]. On Wednesday, the bank announced a slew of new features in an effort to enhance the banking experience of its 23 million mobile app users.

ATM 270
article thumbnail

How to Increase Debit Card Profitability

South State Correspondent

Get A Product Manager, Set a Strategy & Measure Performance The lack of attention on debit cards almost stems solely from the fact that few banks have a debit card product manager, a distinctive strategy, a tactical plan, or a set of key performance indicators that track progress.

Cards 195
article thumbnail

You Need to Understand These Reasons for Bank Consolidation

South State Correspondent

Understanding the drivers of banking consolidation is imperative when managing bank performance. These two acts took the governors off around how banks managed deposits. These acts created a competitive vortex marking a paradigm shift around the concept of bank management. In 1985, there were 14,417 FDIC banking charters.

FDIC 195