ATM

Since their introduction in the 1960's, automated teller machines (ATMs) have provided bank customers with a convenient way to access their cash 24 hours a day seven days a week without having to wait until banking hours and queue to see a teller. Now the world's biggest ATM provider is putting the "teller" back in the automated teller machine with the unveiling of an ATM with integrated two-way video conferencing that lets users talk live with a remote teller. Read More

Just a few days ago, we told you about a vending machine that dispenses ice cream in return for smiles. Well, if you like cold, hard cash better than cold, soft ice cream, here’s another dispenser-with-a-twist you might be interested in - the Reverse Vending Machine (RVM), that takes in recyclable bottles and cans, and gives out cash in return. RVMs have recently been introduced at the Centro Hollywood shopping mall in Adelaide, as part of the state of South Australia’s effort to promote recycling and reduce littering. Read More

This Wednesday saw the official opening of the world’s first permanent gold-dispensing vending machine. Created by German company TG Gold-Super-Markt, the GOLD To Go ATM is located (unsurprisingly) in the lavish Emirates Palace Hotel, in Abu Dhabi. Now, when hotel guests want to exchange their cash for something a little more economically-stable, they won’t have to bother with gold store clerks or business hours. Read More

Who’d want to work for a bank in South Africa? If violent attacks on ATMs weren’t enough – more than 500 were bombed last year – then the ATMs themselves start turning on you. In a desperate attempt to stem the growing tide of crime, Absa Bank fitted pepper spray to 11 cash machines in Western Cape, a popular tourist area. But, so far, the spray has only prevented three maintenance workers from doing their jobs. Read More

The theft of financial information during ATM transactions is one of the financial industry's fastest growing crimes and in the latest effort to combat this problem, ADT Security Services today introduced a new advanced skimming detection device for financial institutions throughout North America. The ADT Anti-Skim™ ATM Security Solution helps prevent skimming attempts and detects skimming devices on all major ATM makes and models, says ADT. Read More