Archive for the ‘Global’ Category

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

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
Read the rest of this entry »

Cockney cash machine initiative draws mixed reaction from Londoners

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

Free ATM social network for you

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!

ATM fraud cases raise questions over electronic security

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. Read the rest of this entry »

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

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. Read the rest of this entry »

Credit Union Hits the Streets With Mobile ATM

The $701 million Dupont Community Credit Union, headquartered in Waynesboro, Va., has taken banking to its community’s streets and outdoor events through a mobile ATM.

The machine, which can run from a propane generator if no electrical line is available, uses wireless, encrypted communications to offer cash services far from a branch or stationary ATM, the credit union explained.

DCCU said the mobile ATM has been seen at a local hunting show, a community relay race, 4th of July celebrations, a parks and recreation community day, and will be at local county fairs in August. It was even used for several weeks at one of DCCU’s offices when the existing drive-up ATMs needed to be replaced.

“Right now our focus is getting it out in the community (DCCU serves six counties, five cities) as much as possible this summer to increase awareness of DCCU. Long term our goal is to possibly find a viable location to serve our members when it’s not at a community event,” explained Susan Cook, DCCU’s vice president of marketing. DCCU also has included use of the Mobile ATM in its business continuity plans, the credit union added.

By David Morrison Credit Union Times

ATM plus CreditCard Security Congress in the Principality of Monaco

ATM plus CreditCard Security Congress in the Principality of Monaco

Personally I am beginning to check if it would make sense to create and establish an annual ATM security conference in the Principality of Monaco. Monaco is the ideal place for a prestigious conference. Monaco is deeply involved in any form of money related businesses. We have an enormous concentration of high potentials from the banking industry at Monaco. So I believe that Monaco is the perfect location for an ATM security related conference. Sure I have the best links inside Monaco to be able to organize an event like that.

What do you think about? Who would be interested to come to Monaco for an ATM / CreditCard security related conference? We can discuss it here and of course you are welcome to send me a personal message using the contact form..

Cashotec.com is twittering now

Yes :-) I will inform you about what’s going on here at cashotec.com on the famous Twitter service.
Just checking a bit the connectivity between us and them ;-)
Okidoki let’s rock!

New feature: Event Calendar

Hello ATM world,

I have added a new feature on cashotec.com :

The Event Calendar

You will find important ATM events there, the event days are marked in red. If you move the mouse over the red day you will be given more information about the specific event. Now you can click on the event for open an overlay with more details.

Feel free to send me your event data using the contact form in the upper left side.

Best
Ulros

Where do I create all these pages?

Hello ATM world,

today I will show you, where I am located on our little planet ;-)
Yep, it’s the wonderful French Riviera!

If you register on this site I can add your location too – it maybe interesting to show where your business is located.

Best
Ulros

[mappress]