Atm

The ATM has been witnessing long queues of people trying to sell off their generational gold. Users need to book an appointment to use it and according to reports, appointment slots till May are full.

ATM fee raised from Rs 21 to Rs 23 per transaction effective May 1: RBI

Customers are eligible for five free transactions (inclusive of financial and non- financial transactions) every month from their own bank ATMs

ATM withdrawals may cost more from May 1 after RBI agrees to raise interchange fee

The RBI has approved a Rs 2 increase in ATM interchange fees, which is a charge that one bank pays to another for offering ATM services to customers

RBI to take stock of cash being handled by ATM operator AGS Transact

'We are in the process of reconciling cash across our ATMs and vaults and handing it over to the respective banks in line with established industry procedures,' says AGS Transact

RBI approves Tata Communications' stake sale in ATM biz to Australian Fintech for Rs 300 crore

Announced in November 2024, this strategic deal is valued at Rs 330 crore, with an additional Rs 75 crore contingent on certain conditions

Congress-ruled states ATM of party’s ‘shahi parivar’: PM Modi

“We won’t let Maharashtra become the ATM of Congress,” Modi said, addressing a campaign rally in Akola for the November 20 state assembly elections.

Exclusive: AGS Transact Technologies eye contracts with SBI, Union Bank of India and PNB for 18,000 ATMs and technology services

In addition to this, the company has launched a new product, an application to make payments and monitor fuel related transactions and details with Hindustan Petroleum Corporation Limited which is in the pilot phase at some select fuel retail outlets in Mumbai.

CMS Info Systems: A high-conviction buy 

Opportunities in the cash management and managed services businesses appear to be strong, driven by the ATM replacement cycle, network expansion and retail cash business points growth

RBI ombudsman received maximum complaints about ATM, debit & credit cards in 2022-23

According to the report released on December 27, public sector banks received 1,02,144 complaints through the ombudsman in 2022-23, while private sector banks received 73,764 complaints

Narayana Murthy's key learning while waiting in queue for food at Infosys canteen

Speaking on how technology can be a great equiliser, Narayana Murthy said, 'It doesn't care whether you are rich or poor, whether you are educated, or not so well educated, as long as you can use the machine.'

MC Explainer: Can money saved by banks on lower ATM withdrawals compensate for the lack of MDR on UPI?

Some fintech executives claim banks save a lot of money on operating ATMs since their use has fallen as customers increasingly adopt digital payments.

Viral video shows man withdrawing cash from ATM using UPI: 'Future of fintech'

UPI ATM: The withdrawal limit is Rs 10,000 per transaction. This will be part of the existing daily UPI limit and as per the limit set by the issuer bank for UPI-ATM transactions.

CMS Info Systems: Uninterrupted earnings growth in this cash logistics biz

The company has consistently delivered good performance since its listing in December 2021. Its revenue has grown in double digits, YoY, in five out of the past six quarters

Hitachi Payments to acquire Writer Corporation's cash management business for undisclosed sum

Writer’s cash management business is over two decades old and has a workforce of 10,000 people at 1,500 locations in 25 states, who service 40,000 touchpoints, including automated teller machines (ATMs).

CMS Info System secures 30% ATMs across India, to expand application to 15,000 units this year

CMS Info Systems aims to implement its security software application called ALGO OTC to existing 15,000 ATMs of the largest banks in India in 2023.

No direction on loading Rs 2,000 notes in ATMs: FM Nirmala Sitharaman

As per Annual Reports of the Reserve Bank of India (RBI), the total value of Rs 500 and Rs 2,000 denomination bank notes in circulation as at end-March 2017 and as at March-end 2022 was Rs 9.512 lakh crore and Rs 27.057 lakh crore, Finance Minister Nirmala Sitharaman said in a written reply in Lok Sabha.

CMS Info Systems: Another good quarter, still available at cheap valuation

CMS has expanded its EBITDA margin in all the quarters this year on a YoY basis. In the 9MFY23, the EBITDA margin grew by 300 basis points over the last year.

Watch: This ATM displays your bank balance along with your photo

"ATM Leaderboard is an extremely literal distillation of wealth-flaunting impulses," the co-founder of New York-based art collective MSCHF, told NPR.

Cow poops, sits inside ATM vestibule as man covers nose and withdraws money | Watch

The undated incident occurred in Madhya Pradesh's Rewa district when a man went to withdraw money from the ATM.

Chennai woman dumps gold worth Rs 15 lakh in ATM's bin. She was sleepwalking, say parents

The incident came to light after the security guard at the ATM noticed a leather bag in the dustbin and checked its contents to find the gold.

ATM dispenses 5 times extra cash in Maharashtra; people rush to withdraw money

The news spread like wildfire and soon a huge crowd gathered outside the ATM centre to withdraw cash. Later, a bank customer alerted local police, who rushed to the spot and shut the ATM centre and informed the bank, an official from Khaparkheda police station said.

PNB earns over Rs 645 crore through ATM transaction charges in Financial Year 2022

During the financial year 2021-22, Punjab National Bank made over Rs 645 crore by charging customers for ATM transactions. PNB's revenue from ATM transaction fees in the fiscal year 2021-22 was Rs 645.67 crore, the bank stated in response to a request for information under the Right to Information Act.

Thieves use crane to dig out ATM in Maharashtra. Crazy footage is viral

A viral video shows the moment thieves used a crane to dig out an ATM in Maharashtra.

AGS Transact Tech: Future looks bright despite soft quarter

AGS is well placed to benefit from the next leg of ATM network expansion in India

IPO-bound India1 Payments aims to deploy 20,000 ATMs in next 4-5 years

At present, the Bengaluru-headquartered company operates a network of 10,300 WLAs and deploys its ATMs under the brand name of ''india1ATMs''.