Tagged: atms

May 3, 2020 @ 8:40 am By Omar Faridi  |  

The Coronavirus (COVID-19) outbreak has dramatically affected cash transactions in the United Kingdom, as ATM withdrawals dropped by 60% during the lockdown period. Approximately 75% of UK residents confirmed that they’re not handling physical currency notes nearly as much as they were before the ongoing… Read More

March 8, 2020 @ 6:57 pm By Omar Faridi  |  

Branch, a banking challenger that works cooperatively with employers to assist Americans in growing financially, has partnered with Cardtronics (CATM) and its Allpoint Network, in order to give Branch’s clients surcharge-free access to cash at Allpoint ATMs based in the US. According to a press… Read More

November 17, 2019 @ 11:33 pm By Omar Faridi  |  

Cashless or digital payments have become increasingly popular, however, cash still remains a widely-used payment method in most nations, especially in rural communities and jurisdictions with a large unbanked population. Following many years of steady growth, the total number of cash withdrawals made via ATMs… Read More

December 27, 2018 @ 2:05 pm By Samantha Hurst  |  

Bank of America (BoA) has officially filed a new patent for its blockchain-powered ATMs. According to the patent, which was notably filed on December 25th (Christmas Day), the cash handling device will be able to utilize blockchain technology and/or other secure communications technology to facilitate operations. It was… Read More

July 10, 2017 @ 3:34 pm By Samantha Hurst  |  

Coinsource, a bitcoin ATM network, announced on Monday it launched five new machines in Phoenix Metropolitan Area, marking its first venture into Arizona. According to the company, the bulk installation caps off a strong first and second quarter, with it installing 50 machines so far… Read More