Press Trust of India | Sunday May 29, 2016
State-owned banks installed close to 14,000 automated teller machines (ATMs) in different parts of the country in financial year 2015-16, but missed the cumulative target of 15,249 for the year.
India News | Written by Rahul Shrivastava | Friday May 27, 2016
The Reserve Bank of India has ordered banks to migrate all debit and credit cards from the ones with magnetic strips to those that use EMV chips and PINs. This, the central bank says, will secure transactions made with these cards at ATMs and merchant outlets.
Press Trust of India | Tuesday May 24, 2016
Reserve Bank deputy governor S S Mundra has raised concerns over one-third of ATMs being non-functional and warned the banks of penal action if the compliance levels are not met.
Press Trust of India | Monday April 25, 2016
Activation or deactivation of the debit card can be done using platforms like ATM, Point of Sale (POS), e-commerce websites, international usage and domestic usage.
Press Trust of India | Monday April 11, 2016
A top official of State Bank of India on Monday said that with expansion of the payment ecosystem, there is a need for some amendments in the provisions for payments under the Negotiable Instruments Act.
Press Trust of India | Sunday April 3, 2016
In a first for any domestic lender, DCB Bank has started an Aadhaar-based ATM usage facility wherein a customer can transact using his/her biometric details instead of the PIN.
India News | Press Trust of India | Tuesday March 22, 2016
Customers will not be able to conduct transactions in banks for 4 days in a row as they will be closed from Thursday in many states.
India News | Press Trust of India | Sunday February 28, 2016
Thieves broke open an ATM of a public sector bank in Etah and decamped with Rs 5.10 lakh, police said today.
India News | Press Trust of India | Friday February 26, 2016
Close to 12,000 cases of frauds related to credit/debit cards and net banking were reported by banks during nine months to December 2015, Parliament was informed today.
Press Trust of India | Friday February 26, 2016
"We welcome the measures approved by the Union Cabinet for promotion of payments through digital means," Ficci Secretary General A Didar Singh said.
Press Trust of India | Thursday February 25, 2016
"The promotion of payments through cards and digital means will be instrumental in reducing tax avoidance, migration of government payments and collections to cashless mode."
Agence France-Presse | Sunday February 21, 2016
Cardless ATMs are gaining ground in the US and around the world, with smartphone technology allowing for speedier and more secure transactions.
Press Trust of India | Sunday February 7, 2016
At the end of December 2015, PSU banks had a total of 1,39,366 ATMs.
Delhi News | Monday February 1, 2016
Delhi Police has arrested a man, involved in more than 100 cases of ATM fraud in Delhi and surrounding areas, from south Delhi's Mahipalpur area, police said today.
Nagpur News | Press Trust of India | Friday January 29, 2016
Around 140 inmates of the Central Prison in Nagpur have been given State Bank of India (SBI) ATM cards for use inside the premises, with plans to extend the service to all 800 prisoners of the facility.
Press Trust of India | Tuesday January 19, 2016
The Public Investment Board (PIB) on Tuesday discussed the Rs 800-crore proposal from the India Post for setting up a payments bank and the final approval on the same is expected in the next meeting.
Indo-Asian News Service | Monday January 18, 2016
IBM's solution will manage, monitor and maintain the ATM Infrastructure providing BTI better visibility and control of its operations and enabling its maximum efficiency.
Press Trust of India | Monday January 18, 2016
Technology giant IBM on Monday said it has bagged a 7-year deal worth $40 million (about Rs 270.3 crore) from BTI Payments, a white-label ATM (WLA) operator to transform its IT Infrastructure.
Press Trust of India | Thursday January 14, 2016
The Reserve Bank of India (RBI) on Thursday allowed banks to offer all their products and services through their off-site ATMs.
Press Trust of India | Thursday December 17, 2015
The Reserve Bank of India (RBI) on Thursday asked all National Financial Switch (NFS) member banks to make changes in ATM switches by March 2016 to help customers register for mobile banking services.
Jaipur News | Press Trust of India | Thursday December 17, 2015
An ATM of a private bank dispensed five times extra currency notes without deducting the additional amount from the card holder by mistake at Ajitgarh town of Sikar district.
Press Trust of India | Thursday December 17, 2015
Axis Bank on Wednesday said the incident at an ATM in Rajasthan where more money was released than the amount entered by customers happened due to "erroneous loading of currency notes" by an outsourced agency.
Cities | Press Trust of India | Saturday December 12, 2015
A gang of unidentified miscreants broke into an ATM of a public sector bank at Hansi in Hisar and allegedly decamped with Rs 11.43 lakh cash, police said today.
Delhi News | Press Trust of India | Friday December 11, 2015
Faced with a steep financial crisis and mounting deficit, North Delhi Municipal Corporation has come up with a novel idea to generate extra revenue by installing ATM machines in its new toilets.
World News | Agence France-Presse | Wednesday December 2, 2015
Police in the Baltic state of Latvia assured the public today that a pre-dawn blast in the capital, Riga, was not a terrorist attack but a botched attempt to blow up and rob a cash machine by filling it with natural gas.
Delhi News | Edited by Surabhi Malik (With Inputs from PTI) | Friday November 27, 2015
The driver of a cash transit van who fled with Rs. 22.5 crore from southeast Delhi's Govindpuri area on Thursday evening was arrested by the police hours after the theft believed to be the biggest cash heist in the city.
Delhi News | Press Trust of India | Friday November 27, 2015
The driver of a cash transit van allegedly fled with around Rs 22.5 crore from southeast Delhi's Govindpuri area today when the accompanying armed security guard stepped down near Govindpuri Metro station so that he could relieve himself.
Jaipur News | Press Trust of India | Thursday November 26, 2015
Two robbers allegedly tried to loot the ATM of a nationalised bank after thrashing a guard but had to flee after a call was made to the police in Karnivihar area in Jaipur in the wee hours today, police said.
Offbeat | AP Video Hub | Monday November 23, 2015
Dramatic CCTV footage has emerged from China of a man beating up an alleged robber at a cash machine, before completing the withdrawal and walking out.
India News | Press Trust of India | Friday November 6, 2015
Maharashtra postal circle aims to install 75 automated teller machines (ATM) by the end of this month, including two more in Mumbai region, a senior official said today.