Page 3 - Atms

Banks plan to ramp up penetration via ATMs, branches: CMS Info Systems CEO

'At sector level, large banks, both public-sector as well as private, need to increase their reach'

'Cash doesn't crash'

Cashlessness doesn't actually limit crime but it does limit access to the levers required to commit large white-collar crimes

ATM player CMS Info Systems' Q4 net rises 14% to Rs 64 cr in March quarter

The revenues of CMS info Systems rose by 22 per cent to Rs 1,589.7 crore in FY22 from Rs 1,306 crore in FY21

Indian-origin bizman helps banks open remote branches for $150

The start-up has acquired more than 30 client banks and financial institutions across Africa and Southeast Asia

Card-less cash withdrawals at ATMs may burden banks with additional costs

Of the tad over 250,000 ATMs in India, nearly 35,000, or 14.58 per cent, are recyclers

RBI policy statement: Revisiting the saga of 'The Bold and The Beautiful'

The RBI has also proposed to allow interoperability in cardless cash withdrawal transactions at all banks and ATMs using the UPI facility

RBI extends timelines for banks to use lockable cassettes in ATMs by a year

The RBI decided to extend the timeline after it received representations from various banks and Indian Banks' Association expressing difficulties in meeting the timeline

ATMs are much more than a till-box

Today's ATMs give you everything you want - from withdrawing cash to the possibility of depositing cheques and even opening a bank account

Burglars trigger blast to break open ATM near Pune, flee with Rs 17 lakh

Burglars broke open an ATM of a bank using explosives before decamping with cash worth around Rs 17 lakh near Pune city early on Sunday, police said

Number of ATMs in country at over 213,000, says Finance Ministry

In addition to this, 27,837 White Label ATMs (WLA) were also installed by WLA operators up to September 2021

IPO-bound India1 Payments installs 10,000 white-label ATMs

The IPO-bound India1 Payments, promoted by the Banktech Group of Australia and formerly known as BTI Payments, has said that it has crossed a milestone of deploying 10,000-white-lable ATMs

Paytm Payments Bank launches prepaid card linked with Paytm wallet

Paytm Transit card also enables the withdrawal of money from ATMs

ATM cash withdrawals are coming back steadily, and so is deployment

ATMs to touch 365,000 by 2027, more in semi-urban, rural areas

Reviewing scheme to penalise banks for dry ATMs, says RBI

The scheme, which is aimed at ensuring availability of sufficient cash for the public through ATMs, has come into effect from October 1, 2021.

Dwindling business model: Can ATM industry continue in its present avatar?

ATM deployment has crossed 250,000 units, after hovering between 225,000 and 235,500 for almost five years

430 million Jan Dhan accounts have Rs 1.46 trillion, shows data

Seven years after the initiative was launched, the average deposit per account is Rs 3,398, which has increased 2.7 times over August 2015

El Salvador readies Bitcoin rollout with 200 ATMs for conversion

The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for 'cool,' President Nayib Bukele said on Twitter

CMS Info Systems files draft papers with Sebi to garner Rs 2,000-cr via IPO

The company's initial public offer (IPO) is a pure offer for sale by promoter Sion Investment Holdings Pte Limited, as per the DRHP

Top headlines today: RBI policy, ATM network, NSE's IPO, and more

Here are the top headlines on Monday morning

ATM networks will have to be reinvented to face the onslaught of technology

Demonetisation provided the first serious wake-up call that cash will not be king for long, and the business of vending it will have to be reworked