ATMs

JPM's digital token; Face-recognition ATMs

02/15/19

The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN.

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Flaws in testing may be real source of Wells Fargo's tech failure

02/08/19

The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.

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Chase, Wells, BofA to waive ATM fees for public-benefits recipients

02/08/19

The three large banks banks are joining a number of institutions in agreeing to eliminate fees for Californians who receive benefits via electronic transfer cards. Chase and BofA will also waiving the fees nationwide.

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Bitcoin nosedive continues; nearly 30 large banks sign UN ethics code

11/27/18

Miners of the digital currency are losing interest, which could lead to more price declines; scandal-scarred banks among those that endorse Principles for Responsible Banking.

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Security risk in cardless ATMs? The customer

11/13/18

Fifth Third Bank customers were swindled out of over $100,000, but not because the bank didn't have protection in place.

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Citi faces revenue hit if Mexico eliminates ATM fees

11/09/18

Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country.

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Bitcoin ATM operator Coinsource gets New York bitlicense

11/01/18

The approval marks the New York’s bank regulator 12th license to a crypto-related business.

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Noncash payments fraud is on the rise: Fed study

10/16/18

The central bank found that the increase in noncash payments fraud from 2012 to 2015 was still just a small fraction of overall payments.

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U.S. Bancorp to sell ATM and debit servicing business

09/25/18

Fiserv will buy the business, once known as Elan ATM and Debit Processing, for $690 million.

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SunTrust glitch takes down online, mobile service

09/17/18

The bank chalked up its outage to "a normal system upgrade that experienced technical difficulty."

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