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All parts of the payments industry can preserve cash, but mandates may be necessary, says Moorwand's Luc Geuriane.August 28
Chief commercial officerMoorwand -
Several months after the pandemic took hold, Diebold Nixdorf and NCR have adopted an ATM recovery strategy that stresses contactless access as well as innovations that are similar to other industries that traditionally rely on kiosks.August 27
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The largest bank in the U.S. is reportedly in negotiations to lease space from the U.S. Postal Service where it would have ATMs and perhaps take deposits.August 19
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Dozens of suspects were reportedly arrested for allegedly using prepaid cards to illegally withdraw large sums of cash.August 19
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Crypto provides a new tool for underbanked consumers, says DigitalMint's Marc Grens.August 17
PresidentDigitalMint
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Canadian consumers are changing their banking habits to reduce physical contact with others because of COVID-19, according to a new study by McKinsey & Co.July 13
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Nationwide lockdowns forced banks to close brick and mortar outlets and rely heavily on drive up windows, mobile and online access. BBVA has proven that even in the middle of crisis and chaos, retail still fits into the banks overall strategy.
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The ATM industry was already mired in the painful transition away from hardware to digital technology, and now it must try to persuade consumers and merchants that cash isn’t unsafe to handle.June 10
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U.K. ATM operator LINK reported that its cash withdrawals have fallen by 60% over the past month ending April 27 when compared to the same period one year earlier.April 29
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Automated and interactive teller machines aren’t germ-free in the best of times, and the pandemic has raised new concerns about the possibility of those devices infecting consumers and staff.March 17
