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ATM GLITCHES
EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...- Airports Authority of India allocates Rs 3,490 crore for modernisation of air navigation infrastructureAirports Authority of India will invest Rs 3,490 crore to upgrade air navigation systems. This includes Rs 1,532 crore for automating air t...
- ‘Infinite money scam’ turns into infinite trouble as JPMorgan chases down ATM fraudstersJPMorgan Chase is expanding its legal crackdown on customers who allegedly exploited last year’s viral ATM glitch to withdraw money using f...
- When a bank glitch allowed people in Ireland to withdraw money from ATMs they didn't have in their accountBank of Ireland's customers experienced an unexpected windfall yesterday as a technical fault enabled unlimited cash withdrawals from some ...
- Bank of Ireland allowed customers to withdraw funds more than their account balances, here’s whyBank of Ireland has apologized for a recent technical malfunction that allowed specific customers to withdraw funds surpassing their accoun...
- How to withdraw cash from any ATM without debit card using your mobile phoneNow you don't have to carry your debit cards to withdraw your cash from an Automated teller machine (ATM). According to the Reserve Bank of...
- Faulty ATM makes many rich by accident, people queue up to try their luckA customer got the surprise of his life when he keyed in Rs 500 but was handed Rs 2,500 instead. He keyed in the same amount one more time ...
- ATM dispenses 5 times extra cash in Maharashtra's Nagpur district; people rush to withdraw moneyThis happened on Wednesday at the Automated Teller Machine (ATM) of a private bank in Khaparkheda town, located around 30 km from Nagpur ci...
- No sense in charging for ATM transactionsAnother reason to encourage, rather than discourage, ATM use is it allows sharing of costs, say, in rural areas. Instead of multiple banks ...
- Husband cannot use wife's debit card, says courtMost of us are not aware of this rule but according to banks, an ATM card is non-transferable and nobody else apart from the account holder...
- No issues regarding upgradation of core banking system, clarifies PNBPNB clarified that it had initiated the Finacle version up gradation activity almost one and a half years back.
- IT glitches hit Punjab National Bank’s core banking, ATMsPeople also pointed out that some of PNB’s 10,000-plus ATMs faced glitches after it changed the switch solution provider to FIS from ACI Wo...
- Demand for ATMs in India to pick up in 3-4 months: NCR CorporationThe company is also banking on the increasing usage of point of sale machines at the retail level to drive demand for its products and serv...
- Chaos, long queues continue at banks;most ATMs run out of cashThe Centre on November 8 had banned the use of old 500 and 2,000 rupee banknotes in a bid to curb black money and sources of terror funding.
- Finance Ministry asks banks to restore services at the earliest in Tamil NaduFinance Ministry has directed banks to restore services in flood affected areas as early as possible and asked them to ensure that no banki...
- Monitoring ATMs : Now Internet of Things sensors to help run machines on lighter operational expenditure modelNot instantly spotable, but palm-sized sensors are silently streaming data on ATM vitals from room temperature to natural light sources to ...
- Customers facing hardships in transactions as banks brace for ATM fee switchReserve Bank of India said that from November 1, banks will be free to charge a fee if a customer transacts more than five times a month at...
- Banks slow in reversing ghost debiting at ATMsEver since ATMs were ‘liberalised’ - from April, customers can withdraw cash from any bank’s ATM without extra chargethere’s been a rise in...
- ATM trouble leaves users fumingMoney debited from accounts despite failed transactions at ATMs of other banks.
- HDFC Bank ATMs now fully functionalTalking to Economictimes.com, the spokesperson said, "However, if some glitches remain, they would be resolved soon."
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