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ATM PLAYER
Jan Dhan accounts, direct cash transfers from government boost ATMs in rural areasATM players say that the main reason is that over seven years, the number of debit cards in India has doubled to 86 crore as of September 2...30 Nov, 2020, 11.26 AM IST- Cash still king, average withdrawal from ATM hits record high of Rs 5,000While cash withdrawals have rose around 10% since last November, UPI payments have shot up by close to 20% during the period to an average ...20 Nov, 2020, 10.38 AM IST
- 25% ATMs of public sector banks may be vulnerable to fraudATMs run by PSBs may be vulnerable to frauds as 74% of cash dispensers are running on outdated software.21 Jul, 2018, 09.14 PM IST
- Some ATMs remained shut on precautionary ground due to ransomware threatThe RBI has asked banks to follow the instructions of government organisation CERT-In on ransomware, which has impacted various IT networks...15 May, 2017, 10.32 PM IST
- ATM misuse: Banks step up security of cards and networksYes Bank's ATM network has been audited following concerns over fraud attempts through a private player's network.19 Sep, 2016, 11.23 AM IST
- IBM signs Rs 260 crore deal for with BTI payments for ATM infrastructure managementThe demand being caused by financial inclusion is spurring growth in technology spending by the financial services sector.18 Jan, 2016, 04.00 AM IST
- FDI in White Label ATMs only the first step, say operatorsGovt's approval for 100 per cent FDI under the automatic route in White Label ATMs (WLAs) is the first of many steps to be taken.10 Sep, 2015, 01.17 PM IST
- Muthoot Finance receives RBI sanction to set up a network of ATMs in IndiaLeading gold loan NBFC Muthoot Finance has received RBI sanction to set up a network of ATMs in the country.25 Jun, 2013, 10.55 PM IST
- Cash logistics industry set to witness a boom; why industry biggies asking for a regulator?The cash logistics industry is set to witness a boom over the next two years. But why are industry biggies asking to be regulated?07 Apr, 2013, 11.02 AM IST
- Private equity firm Actis to invest Rs 200 crore in AGS Transact TechnologiesPrivate equity firm Actis is investing over Rs 200 crore in AGS Transact Technologies, a firm that runs and manages ATMs for banks.22 Aug, 2012, 11.05 AM IST
- Banks go slow on ATM rollout after govt move to centralize purchaseThe wait outside public sector bank ATMs is set to get longer with the banks putting on hold plans to install new cash dispensing machines ...20 Nov, 2011, 12.02 PM IST
- Banks wink at RBI norms on sharing ATM networksRBI’s move to make cash withdrawals at ATMs free from April ’09 is seen as a reaction to SBI group’s refusal to join National network.27 Dec, 2007, 12.07 PM IST
- Banks wink at RBI diktat on sharing ATM networksRBI’s move to make cash withdrawals at ATMs free from April ’09 is seen as a reaction to SBI group’s refusal to join National network.27 Dec, 2007, 04.47 AM IST
- Banks may pamper you with more ATMs in neighbourhoodYou may soon be able to withdraw money or carry out other transactions from an Automated Teller Machine.02 Jan, 2007, 02.46 AM IST
- RBI to allow pure white-label ATMsYou will soon find more ATMs at your neighbourhood as banks & outsourced cos team up for a major push.02 Jan, 2007, 01.25 AM IST
- Stricter norms put breaks on ATM growthIn the last one year, however, ATM sales in the country were down to about 2,000 pieces. Not because ATM market has saturated in the countr...30 Oct, 2006, 12.43 AM IST
- White-label ATMs may come to IndiaAutomated Teller Machine (ATM) service providers are in talks with banks to set up a joint venture subsidiary to roll out white-label ATMs.18 Aug, 2006, 01.14 AM IST
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