Long lines at ATMs. A significant drop in the ruble's value. Economic sanctions are already being felt by everyday Russians.
The embattled ATM is gaining additional functions in order to survive.
By end of January, 4,274 bitcoin ATMs had been installed worldwide.
How will ATM makers manage in a world where digital transactions are becoming more popular and cash is optional?
The website Krebs on Security reports that on Friday, the FBI sent banks around the country an alert. It said cyber criminals were preparing to a launch a global fraud scheme known as an “ATM cashout.” Small- and medium-sized banks appear most vulnerable to these kind of ATM attacks. Click the audio player above to […]
Starting next Monday, customers of Wells Fargo bank will be able to make ATM withdrawals nationwide without a card using a smartphone. The trend could spread quickly to other banks around the country as consumers grow more used to advanced banking technology. Click the audio player above to hear the full story.
If you see a vacant building for lease in the neighborhood, chances are there was a bank there at one point. We’re seeing it at financial institutions big and small — from Citigroup, now operating in fewer cities, to FirstMerit, which is closing 16 branches in four states. Between direct deposits and ATMs, walking into […]