Banknet’s Fifth International Bank Tech Summit (IBTS’09)

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Despite the prevailing market slowdown, financial services community continues its commitment to technology because IT is essential to enable growth, manage risks, and help in aligning with all business lines, customers, partners and external agents.

According to a recent TowerGroup research, the IT spending picture for financial services firms should improve within the next six months. Banks will likely see an upturn in IT spending in the future. An unprecedented growth of over 200% is likely to be seen in Indian Insurance Business by 2010-11, according to an Assocham report. This will see substantial increase in back office and especially IT spending by insurance companies.

Banknet’s Fifth International Bank Tech Summit (IBTS’09) will be organized on 24th September 2009, at Taj Lands End, Mumbai, India. In its fifth edition Banknet’s Annual Flagship Summit will have a Special Focus on Technology in Insurance Sector. Summit will have senior level participants from major Banks, IT Cos, Insurance Cos. & FIs globally.

Source: Banknet India
Continue reading “Banknet’s Fifth International Bank Tech Summit (IBTS’09)” »

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Cockney cash machine initiative draws mixed reaction from Londoners

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The young people laughed when the ATM asked them if they required “some moolah for ya sky rocket”. The machine, in Spitalfields, was one of five Cockney cash dispensers from East London to Barnet that began dispensing “moolah” yesterday morning.

Read more here: Full article at Times online

Source: Times online

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Free ATM social network for you

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Hello everybody!

We have created a brand new free social network for everyone related to the Automated Teller Machine (ATM) industry.

No matter if you are working in a bank, at a credit card issuer or ATM manufacturer – even if you sell spare parts or repairing services – join us!

Here is the link: http://community.geldautomatenboerse.com/

The meeting point for all ATM professionals!

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ATM fraud cases raise questions over electronic security

Filed in atm security | Fraud | Global | Skimming Leave a comment

Source: The Jordan Times

By Mohammad Ghazal

AMMAN – Police have urged the public to be cautious when using automated teller machines (ATMs), after 12 foreigners were arrested this week for committing ATM fraud.

The thieves, who are believed to have been operating in the country for about two weeks, installed card skimmers and small cameras on ATMs around Amman, using these devices to collect customers’ bank card information and withdraw money from their accounts. No figures were available on the amount of stolen money.

The 12 are believed to be part of a network of ATM thieves working in several countries in the region, said Public Security Department Spokesperson Major Mohammad Khatib. Continue reading “ATM fraud cases raise questions over electronic security” »

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Man accused over America's biggest credit card identity fraud – Times Online

Filed in atm security | CreditCard | Fraud Leave a comment

Man accused over America’s biggest credit card identity fraud – Times Online

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Global IT solutions provider Wincor Nixdorf acquires Siemens Inc. subsidiary in the Philippines

Filed in Global | news | WINCOR NIXDORF Leave a comment

Wincor Nixdorf, a leading provider of hardware, software and services technology to banks and retailers, has acquired Siemens Inc.’s Information Technology Products & Services (ITPS) Division. The Manila-based company will now be named as Wincor Nixdorf Philippines Inc. and will operate as a full-fledged legal entity under the umbrella of the Wincor Nixdorf Group. The acquisition was effective June 1, 2009.
“Wincor Nixdorf is pleased to become the owner of this business after many years of cooperation with Siemens Inc.’s ITPS Division and is excited about expanding our business and solutions offerings to such a strategically important market,” says Lim Khoon Hong, Asia Pacific President and Executive Board Member at Wincor Nixdorf. Continue reading “Global IT solutions provider Wincor Nixdorf acquires Siemens Inc. subsidiary in the Philippines” »

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Wincor World 2010

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Title: Wincor World 2010
Location: Germany, Paderborn
Link out: Click here
Description:

Attention: In the text “we” means Wincor-Nixdorf and not cashotec.com

Why not write down the date for Wincor World 2010 now? From January 26 through 28 we will be presenting innovations that can help you shape your future business processes.

We want to show you new solutions to help you master today\’s challenges; solutions that can help you improve your customer relationships and optimize your cost structure. Comprehensive IT solutions for hardware, software, services and consulting: Wincor World 2010 offers a 360° view of our end-to-end portfolio of products and services that are designed streamline the business processes of banks and retail enterprises and make them more efficient.

The trade fair will showcase:

- Automation solutions for branches and stores
- Software platforms and service-oriented IT infrastructures
- Self-service solutions
- Solutions for optimizing the cost structure of IT operations

Wincor World 2010 is the international platform for the exchange of ideas and experiences. The practice-oriented approach of the accompanying series of presentations is again a key aspect of the event. Profit from the know-how of IT users, experts and industry visionaries and utilize this information in your daily business.

For the most up-to-date information on the trade fair and accompanying program please visit this Website.

We look forward to welcoming you to Wincor World 2010!
Start Date: 2010-01-26
End Date: 2010-01-28

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Diebold's Deposit Automation Modules Number Exceeds 25,000 in U.S.

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Diebold’s Deposit Automation Modules Number Exceeds 25,000 in U.S.
U.S. research reveals Diebold’s deposit automation technology implemented in all 50 states

NORTH CANTON, Ohio, Aug. 11 /PRNewswire-FirstCall/ — For decades, Diebold, Incorporated (NYSE: DBD) has developed ground-breaking technologies that elevate operational efficiencies and bolster revenues for financial institutions around the world. Now, with more than 150 patents in deposit automation technology, Diebold has envelope-free deposit technology at automated teller machines (ATMs) in each of the 50 states. This expansion of advanced-functionality at ATMs around the country underscores Diebold’s dedication to improving the intuitive user experience and delivering what financial institutions and their customers demand. Diebold also provides comprehensive services and support that can streamline implementation of new technologies to help institutions gain a competitive advantage.

Diebold has shipped more than 25,000 deposit automation modules in the United States, enabling envelope-free deposits since 1991. A proven innovator, Diebold secured its first deposit automation patent in 1995 – years before the 2003 passage of the Check 21 Act, which allows the creation of a digital version of a paper check, eliminating the need for further handling of the physical document. Automating deposit transactions at the ATM can significantly reduce operating costs across the board.
“The design and functionality of Diebold’s deposit automation innovations are developed through ongoing research and usability studies conducted in the field to reveal the specific needs of financial institutions and their customers,” said Charles E. Ducey, Jr., senior vice president, global development and services, Diebold. “For financial institutions, that equates to a solid return on their investment. With deposit automation, savings realized from the migration of routine transactions away from the teller line are only equaled by the savings from fewer deposit sweeps and the sharp reduction in costly back-end processing.” Continue reading “Diebold's Deposit Automation Modules Number Exceeds 25,000 in U.S.” »

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