'The problem with people today': Comments of week
Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more. ... Read full article
Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more. ... Read full article
ATMs tend to run on older versions of the Windows operating system, which potentially makes them targets for ransomware that preys on such vulnerabilities. ... Read full article
Automated teller machines have come a long way since Barclays rolled out the world’s first ATM at a branch in north London 50 years ago. Here’s a look at some of the milestone moments and key innovations in ATM technology over the past five decades. ... Read full article
The gray-bearded ATM would seem like a goner since mobile usage is surging and cash withdrawals are flatlining. But banks such as JPMorgan, B of A and PNC are pouring money into overhauling them in a bid, oddly enough, to attract a younger generation of ... Read full article
Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete. ... Read full article
In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards. ... Read full article
As banks work to integrate their mobile apps with their physical channels, the march toward universal cardless ATM technology continues. ... Read full article
At a time when customers are rapidly switching to digital banking, scores of branches are closing. But many institutions — mindful that brick-and-mortar locations remain a critical sales channel — are also experimenting with physical layouts that are ... Read full article
Bank of America is revamping its retail network and upgrading its ATMs as it rolls out a new type of branch that bridges the physical and digital worlds. ... Read full article
The Senate voted 53-47 to approve Steven Mnuchin as Treasury secretary; customers will soon be able to access cash at ATMs using their cellphones ... Read full article
The American Bankers Association has added a feature to its national crime database to help banks monitor and analyze ATM skimming. ... Read full article
More than half of consumers visit an ATM at least once a month, although men—and Baby Boomers—tend to get cash more often, according to a new survey from TD Bank. ... Read full article