The chairman of Nigeria’s Committee of e-Banking Industry Heads (CeBIH) Chuks Iku has announced all banks in Nigeria are taking steps to install anti-scheming devices on their ATMs nationwide, in order to protect them against fraud. “For us as an industry, what we agreed to do is that all banks should have anti-scheming device on
NCR Corporation, a leader in consumer transaction technologies, announced that China Construction Bank (CCB) Beijing branch has recently implemented NCR Dynamic eLock Management solution, an automated teller machine (ATM) electronic key management solution specifically designed for the China market. The Dynamic eLock Management Solution restricts the access to an ATM’s safe to only authorized users
BPC Banking Technologies, a provider of open system payment solutions for the global financial industry, has announced the launch of a new solution designed to improve the profitability of ATM networks in the U.S. marketplace. With its new cash management and forecasting solution, deployed as part of the Company’s SmartATM offering, operators can dramatically reduce
Latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed an increase in ATM withdrawal levels for December 2013. The SCI revealed a month-on-month increase of 2.97% in average cash withdrawal figures for December
The number of ATMs installed worldwide increased by more than 180,000 during 2012 to reach 2.6 million at the end of the year. This is one of the main findings from “Global ATM Market and Forecasts to 2018” by London-based strategic research and consulting firm RBR. At 8%, the global market grew faster in 2012
OKI has announced that the company has completed share purchase of the ATM business including banking, retail automation and services from Itautec S.A.- Grupo Itautec (Itautec). OKI has acquired 70% stake of the new company which has been established through Itautec’s company split. The new company, OKI Brasil S.A, has started operations effective January 10,
A huge number of South Africans rely on the ATMs to withdraw money. However the increased usage of ATMs has also resulted in criminals devising various scams such as card skimming, swopping and the trapping of card inside ATMs. This is usually accompanied by shoulder surfing to steal PIN numbers. SABRIC’s research has revealed that
ACG has inked its second reseller agreement with an African ATM firm. This most recent agreement was made with South Africa’s own TIM Trading. The deal grants TIM Trading with exclusive rights to sell and distribute ACG spare parts in several countries throughout the southern portion of Africa, including: Botswana, Namibia, Madagascar, Mozambique, South Africa,
Diebold, Incorporated is adding cash recycling capabilities to the automated teller machine (ATM) fleet of UniCredit Banca, part of UniCredit Group, one of Europe’s leading commercial banks operating in 20 countries. A three-year hardware and maintenance services agreement will add approximately 970 Diebold Opteva® ATMs across UniCredit’s network. More than half of the terminals will
Diebold, Incorporated is making a contactless card reader available to all financial institutions globally. The solution leverages Near Field Communication (NFC) at the automated teller machine (ATM), allowing the user interface to read contactless payment cards, mobile devices with NFC support and additional forms of contactless media such as fobs, stickers and tags. Available as
