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Cash marches on – Forecasting future bank note demand
In mid-September, the Bank of England issued a new polymer £10 note featuring the author Jane Austen. The notes include raised dots in the upper corner to help blind and partially sighted people identify them. Security features include a hologram window to raise the bar against counterfeiters. But with so many digital ways to pay, [...]
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Five key themes that will transform banking in 2018
NCR recently surveyed over 1,000 UK adults, aged 16 and above, to gather their thoughts on the future of banking. Some of the findings are pivotal in understanding how banking will change in the UK in 2018 – with trends like AI, PSD2 and consumer trust shaping the transformation. 1. Banking will transform to take [...]
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Wells Fargo ATMs launch NFC-enabled mobile wallet capability
Wells Fargo & Company say that debit card customers can use the company’s ATMs without their card with NFC functionality that is launching at more than 5,000 ATMs across the US. The feature is activated using a mobile phone’s mobile wallet feature. Today, more than 40% of Wells Fargo ATMs have functioning NFC capability, with the [...]
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An elaborate ATM threat crops up: Network-based ATM malware attacks
Infecting automated teller machines (ATMs) with malware (ATM malware) is nothing new. It’s concerning, yes. But new? Not really. We’ve been seeing physical attacks against ATMs since 2009. By physical, we mean opening the target machine’s casing, accessing the motherboard and connecting USB drives or CD-ROMs in order to infect the operating system. Once infected, the [...]
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Report: Global variances in ATM usage
In a new report based on the usage of ATM’s in three countries, US, Australia and UK it finds that ATMs remain popular globally, with 82% of respondents reporting that they used these facilities, however, the survey uncovered some stark differences in usage between the surveyed territories. Frequency of use Our survey asked respondents how [...]
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