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ATM OPERATIONAL CHALLENGES
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...- Cabinet clears Rs 2,534 crore office, housing projects in AmaravatiThe Union Cabinet has approved two major infrastructure projects in Amaravati. These include an office complex and a residential township f...
- US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
- North India handles 30% of air passenger traffic; fog remains key challenge, expansion underway: AAI officialThe Northern Region of Airports Authority of India manages substantial air traffic. Winter fog presents operational challenges, impacting f...
- Lenders' fields may yield less as collections wilt in summer"Collections fell by about two percentage points last summer, and we expect a similar dip this year," said the head of a non-bank lender, w...
- What’s behind the bitcoin ATM crackdown? Rising crypto ATM fraud and growing risks are forcing strict 60-day shutdown orders across the U.S.What’s behind the bitcoin ATM crackdown? Rising bitcoin ATM and crypto ATM fraud risks are driving strict 60-day shutdown orders across the...
- RBI seeks banks’ views on AI-based facial recognition tools at ATMs, branches to curb fraudAs per the draft guidelines, a bona fide victim, being an individual person and having lodged a complaint involving gross loss of an amount...
- AGS Transact's troubles hurt many banks' ATM operationsThe collapse of ATM service provider AGS Transact is causing widespread disruptions, affecting major banks like SBI, ICICI Bank, and Axis B...
- RBI forms panel to review fee structure for white-label ATMsRBI has set up a review committee to revise the fee structure for white-label ATMs (WLAs) to propose a fair and sustainable model. The comm...
- Meghalaya provides micro ATM to business correspondent agentsIn June this year, the MSRLS had signed an MoU with MRB to roll out the BCA project whereby 84 Self Help Groups (SHGs) who were functioning...
- ATM industry seeks lower GST rate, stimulus to address COVID-19 challengesIn a letter to Finance Minister Nirmala Sitharaman, the Confederation of ATM Industry (CATMi) mentioned that it has been recognised by the ...
- Daily banking operations running with minimum disruptions: RBI GovernorDaily operations of banks are running despite the business continuity challenges faced by financial institutions since the nationwide lockd...
- 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 ...
- From talking ATMs to magnifying glasses at branches for physically and visually challenged customersIn 2009, the central bank had asked lenders to ensure that one-third of their ATMs were talking ATMs.
- India's first 'talking' ATM for visually impaired inauguratedIndia's first "talking" Automated Teller Machine (ATM) for visually impaired was today inaugurated in Ahmedabad.
- SBI to install 7,000 talking ATMs for visually challengedIndia's largest lender, State Bank of India (SBI) plans to introduce 7,000 voice enabled ATMs across the country for visually challenged cu...
- ATMs find big is beautiful...There are several parameters, which the currency reader checks while reading a note.
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