Cash Machines news and trends

Half Of Indian ATMs Could Close In Early 2019
Cash // December 09, 2018

ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times. According to a report in the Financial Times, citing the Confederation of ATM Industry (CATMi), the...

Mastercard And Diebold Nixdorf Team Up To Take On ATM Innovation
Partnerships / Acquisitions // June 12, 2018

The problem, when it comes to going cardless at an ATM (or really making much in the way of a digital upgrade), isn’t technology. In a recent conversation between Diebold Nixdorf‘s Head of Global Business Development Douglas Hartung, Mastercard‘s SVP of ATM Product Management Dan...

Diebold, NCR Warn About ATM Hack
Security & Fraud // January 29, 2018

ATM makers Diebold Nixdorf and NCR Corporation are warning that hackers are going after ATM machines in the U.S. with tools, which can result in the machines spitting out cash. According to a report in Reuters, the two of the biggest ATM makers in the...

ATM Punished With Punches For Giving Out Too Much Cash
Cash // December 28, 2017

A Florida man caused roughly $5,000 in damages to an ATM at a Wells Fargo bank branch in Cocoa, Florida after it dispensed too much money. The Associated Press reported that 23-year-old Michael Joseph Oleksik was arrested after damaging the ATM, and was later charged...

Interviews & Exclusives
Mastercard And Diebold Nixdorf Team Up To Take On ATM Innovation

June 12, 2018
The problem, when it comes to going cardless at an ATM (or really making much in the way of a digital upgrade), isn’t technology. In a recent conversation between Diebold Nixdorf‘s Head of Global Business Development Douglas Hartung, Mastercard‘s SVP of ATM Product Management Dan Goodman and Karen Webster, Hartung said that Diebold has been […]

Quick Reads
Security Firm Hired To Fix Flaws In Nautilus Cash Machines

November 11, 2019
Researchers at New York-based Red Balloon Security identified two vulnerabilities in retail cash machines manufactured by Nautilus Hyosung America, the companies said in a joint press release on Monday (Nov. 11). There are no reported instances of hackers taking advantage of the vulnerabilities, which could give hackers access to customers’ cash and data from the […]

Half Of Indian ATMs Could Close In Early 2019

December 09, 2018
ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times. According...

Diebold, NCR Warn About ATM Hack

January 29, 2018
ATM makers Diebold Nixdorf and NCR Corporation are warning that hackers are going after ATM machines in the U.S. with tools, which can result in the machines spitting out cash....

ATM Punished With Punches For Giving Out Too Much Cash

December 28, 2017
A Florida man caused roughly $5,000 in damages to an ATM at a Wells Fargo bank branch in Cocoa, Florida after it dispensed too much money. The Associated Press reported...