The $41 million Kentucky Employees Credit Union in Frankfort, Ky., found out the hard way that ATMs continue to attract criminals. And thefts can go way beyond simple attachment of skimmers.
Do-it-all machines can be done in.
As large national services firms continue to expand into a larger basket of financial products and invest heavily in branch services, the focus for community banks and credit unions needs to turn to how they can be everywhere their customers and members need them to be.
Silicon Valley CU first in the nation to enable real-time, P2P payments from ATM.
PayPal has announced a deal with ATM manufacturer NCR that moves it more deeply into the payments arena. The predominantly online and mobile phone based payments company announced a suite of services aimed at the retail sector last month.
PayPal and NCR have announced a deal to enable person-to-person payments to be sent from an ATM.
Company claims 100 new credit union, bank customers for its mobile banking solution since June.
Credit unions using ATMs from NCR can take advantage of a new servicing package from the manufacturer.
Pillar machines offer biometrics, pictures of denominations.
ATM manufacturer NCR already gets 75% of its earnings from international sales, and the firm said it has put together a sales team to both sustain and grow that market.