How Banks and Credit Unions Can Minimize the Risk of Jackpotting Attacks Though banks and credit unions have always committed to ATM security, the threat of jackpotting is bringing the goal of protecting ATMs into renewed focus. ATM jackpotting is the use of physical or software vulnerabilities to force an ATM to dispense cash. These … Read more
ATM Managed Services: Why You Should Use an ATM Management Company For decades, managing ATMs has been a vital part of financial institutions’ service offerings. In the past, banks and credit unions could easily handle the upkeep of these machines on their own. However, the rapid evolution of technology, regulatory demands, and shifting customer expectations … Read more
What is the Difference Between a Terminal Driver, a Transaction Processor, and a Switch? When an ATM user withdraws cash from an account, makes a deposit, or performs another transaction, such as making a payment from their banking account, several related components come together to make that digital transaction happen. The ATM must be able … Read more
Tips On Cash Management for Cannabis Dispensaries Imagine a new cannabis dispensary that very quickly experiences skyrocketing sales. With such success comes a new challenge: managing an overwhelming volume of cash. The staff spends hours daily counting, sorting, and securing cash, which increasingly takes the dispensary owner’s eyes away from the primary focus—serving customers and … Read more
Cash Recyclers for Cannabis Dispensaries The cannabis industry is rife with opportunity, and a cannabis dispensary is a great business idea, but it is not without its challenges. Once dispensary owners sort out the particulars around supply, equipment, personnel, and other details to get a dispensary up and running, there is still the matter of … Read more
“It’s in the cloud.” It’s a common phrase used in various situations today, from looking for work files to describing how video game players pick up where they left off in their last session. “It’s in the cloud,” says that there is data out there somewhere and it is accessible, but how does that work? … Read more
Countless emails are going around the industry, with many professionals at financial institutions voicing concerns about rumored changes to NCR’s equipment fleet. Bank and credit union leaders are worried about NCR hardware and software end-of-life dates and what they mean for business. This article will cover what “end-of-life” means, which NCR products are affected, and … Read more
Technology is ever-changing, bringing new advancements in ATMs, ITMs, payment systems, and fintech seemingly every time we turn around. Technological growth often makes our lives more convenient, but it also presents us with challenges in the form of nearly constant security threats. Vulnerabilities arise as technology changes, and so technology evolves again in response. We … Read more
What happens when a user makes a transaction via ATM? How do the details of the transaction get back to the banks involved? This blog post offers insight into how ATM processing works. Read on for information about ATM transactions and learn how ATMs connect to networks to make it possible for people to withdraw … Read more
Interactive teller machines combine ATM functionality with the interactivity and service of a live teller. These machines allow our clients to service their customers more effectively, improve customer experience, and save on costs, resulting in a greater return of value than traditional ATMs. Keep reading this ITM FAQ to learn more about what ITMs do, … Read more
