Automated teller machines and network services

1025 articles tagged with this keyword

/regulation

Major UK banks broke CMA rules

HSBC, Lloyds, TSB, and AIB have been rebuked by the UK's competition watchdog for failing to meet rules on providing customers with clear and up-to-date information.

/regulation

FCA finalises access to cash rules

Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules from the Financial Conduct Authority (FCA).

/security

Banks and payments hit as faulty CrowdStrike update causes global Microsoft outage

Banks and card payment systems are among the victims of the worldwide tech outage on Microsoft platforms.

/payments

UK trials 'super ATM' that will accept deposits for multiple banks

The UK's Link ATM network is testing a new breed of cash machine capable of accepting desposits for multiple banks.

/retail

Visa and Mastercard offer $197m to settle ATM class action suite

Visa and Mastercard have agreed to pay $197 million to settle a long-running class action lawsuit accusing them of keeping ATM fees artificially high.

/security

Bank of Ireland blames latest glitch on "technical issue"

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

/retail

Ethiopian bank glitch lets customers withdraw millions

Commercial Bank of Ethiopia has lost more than £31 million after a technical glitch let customers withdraw and transfer money that was not in their accounts.

/payments

FSB says FCA's access to cash proposals lack ambition

The Federation of Small Businesses has criticised proposals by the Financial Conduct Authority to broaden access to cash as unambitious.

/payments

HSBC installs first of ten 'Cash Pods' in town with no bank branches

HSBC UK has introduced its first standalone ‘Cash Pod’, which will provide improved access to cash in the Crown Glass Shopping Centre in Nailsea, North Somerset, in advance of the closure of the last bank in town.

/retail

Bank of Ireland invests €60m in ATMs and branches

Bank of Ireland is installing new ATMs in every one of its branches on the island as part of a €60 million investment.

/payments

Nationwide reports uptick in cash withdrawals

New data from Nationwide shows that cash usage continues to rise as many households respond to the cost-of-living crisis by budgeting with physical money.

/security

Lynx raises $18m for AI-powered fraud fighting tech

Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.

/retail

AIB apologises for online banking glitch

Irish high street bank AIB has admitted to a glitch in its online banking service after it was highlighted by newspaper The Irish Independent.

/regulation

MAS orders DBS and Citibank to investigate lengthy outage

The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment services.

/retail

Experian launches checking account for debt-free credit building

Experian has launched its own digital checking account and debit card designed to help Americans build their credit without incurring debt.

/retail

NatWest suffers ATM glitch

UK high street bank NatWest has resolved an IT problem with its ATMs that left thousands of customers believing they were missing funds.

/security

Minister orders review after Bank of Ireland IT glitch

Ireland's minister for finance has called for an investigation into the robustness of banking technology infrastructure after a technical glitch with Bank of Ireland's (BoI) mobile banking app enabled customers to seemingly withdraw free money.

/payments

Huge queues form at Bank of Ireland ATMs after tech blunder

An online snafu that allowed customers with no money in accounts to transfer and withdraw funds led to huge queues at Bank of Ireland ATMs.

/security

Dutch cops raid criminal network linked to ATM explosions in Germany

Dutch police have raided 25 locations in the Netherlands in an ongoing crackdown again a spate of of ATM bombings in Germany.

/regulation

Crypto ATMs the target of continued FCA crackdown

The Financial Conduct Authority (FCA) has been working alongside the South West Regional Organised Crime Unit in Yorkshire, the Humber Regional Organised Crime Unit, and the Nottinghamshire Police Force to continue its crackdown on unregistered crypto ATMs.