This article was originally published on the Paycorp blog. It starts very early in the morning on the first working day of every month: 17 million South Africans go to their nearest ATM to withdraw their government (SASSA) grant. It almost doesn’t matter what time you get there, you’ll find a queue of South Africans
FNB has become the first bank in South Africa to introduce a non-cash dispensing ATM with deposit capability. These ATMs are a smaller version of the standard ATM which FNB introduced in 2013 as a way of bringing banking services directly into communities. The roll-out out of the new generation of ATMs seeks to improve
FNB has become the first bank in South Africa to introduce a non-cash dispensing ATM with deposit capability. These ATMs are a smaller version of the standard ATM which FNB introduced in 2013 as a way of bringing banking services directly into communities. The roll-out out of the new generation of ATMs seeks to improve
NCR Corporation, a global leader in omni-channel solutions, announced that its state-of-the-art manufacturing facility in Budapest has achieved the unique distinction of manufacturing its 350,000th ATM in a record period of just 11 years. The Budapest facility remains NCR’s largest manufacturing facility in the world with over 750 employees and manufactures ATMs for the U.S.,
NCR Corporation, a global leader in omni-channel solutions, announced that its state-of-the-art manufacturing facility in Budapest has achieved the unique distinction of manufacturing its 350,000th ATM in a record period of just 11 years. The Budapest facility remains NCR’s largest manufacturing facility in the world with over 750 employees and manufactures ATMs for the U.S.,
Diebold Nixdorf is introducing a new, innovative banking concept, Essence, that features a sleek, modern design and user interface to advance the future of connected commerce. Powered by software-driven interactions, the intuitive multi-touch functionalities that consumers have come to expect from smartphones and tablets, such as swipe, scroll and smart zoom, enhance and modernize everyday
For the first time ever, FNB data is showing that middle income earners are making fewer cash withdrawals at ATMs and instead opting to use point of sale devices, electronic transactions and cash tills from select retailers. “For our Gold account customers who earn from about R80 000 to R300 000 a year, we are
Across the globe, banks have validated the identity of their customers at the ATM with something the user has (such as a bank card) and something the user knows (typically a PIN). This approach is becoming outdated and increasingly vulnerable to identity fraud. To make matters worse, the number of digital identities seems to grow
Research from RBR shows the number of ATM cash withdrawals worldwide grew by 10% in 2015, the fastest rate since 2011 Cash withdrawals reach 99 billion per year 99 billion cash withdrawals were made worldwide in 2015 according to international research and consulting firm RBR. Figures from the firm’s annual ATM research shows the number
NCR Corporation announced the NCR SelfServTM 80 Series, a new family of ATM solutions that will help financial institutions redefine the banking experience and change the way consumers interact with the ATM forever. Through a unique combination of innovation across software, hardware, and services, consumers and financial institutions will gain many new benefits from this
