Tag: ATMs
17 Results
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Intel launches RealSense ID: On-device facial recognition for ATMs, Kiosks
Intel RealSense ID also adapts to users over time as they change physical features, such as facial hair and glasses.
January 7, 2021 -
Silent Landmark
CP’s corridors, where a few months ago, one could barely have a straight walk because of the crowds, are today like empty tunnels.
July 28, 2020 -
Unmanned ATMs vulnerable to hacking, customers nervous
It was spotted that the ATMs of banks such as the ICCI in New Market area and Kotak Mahindra Bank in Elgin Road, continue to remain unmanned with no survelliance whatsoever.
November 22, 2019 -
50% ATMs in India may shut by March, digitization to be hit: CATMi
Nearly 50 percent of Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, and dealing a blow to the digitization policy, the Confederation of ATM Industry (CATMi) warned on Wednesday. Currently, India has approximately 238,000 ATMs installed, of which around 113,000 …
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November 21, 2018 -
Money matters
The county-wide cash-crunch and empty ATMS makes one long for the good old days when 10-rupee and 100-rupee notes could buy a lot. Grandfather got Rs 10 a month as salary for filling up gun-powder in cartridges at the Fort and was able to meet the family budget. And why not? For a rupee one …
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April 29, 2018 -
Cash situation improving across country, says govt
Sources say Andhra Pradesh and Telangana were distributing farm subsidy of Rs 4,000 per acre to each farmer in cash, one of the reasons for shortage
April 19, 2018 -
Cash situation at ATMs improving, says SBI
India’s largest lender SBI said on Wednesday that cash availability at its ATMs has increased in the past 24 hours following reports of currency shortages and ATMs running dry from different parts of the country. Several other lenders, including PNB, Canara Bank and Axis Bank claimed that cash shortage at ATMs was limited to select …
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April 18, 2018 -
ATMs may take three months to dispense Rs. 200 notes
While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to start dispensing the new denomination currency as it will involve a huge exercise of recalibration. Some banks have even asked the ATM companies to begin testing the new note for recalibration of the machines, though …
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September 3, 2017 -
Ransomware, cash crunch hits ATMs in Bengaluru
Hundreds of ATMs across India's tech hub remained shut for the second day due to possible virus attack by WannaCry ransomware and cash crunch, said a bank official on Tuesday. "Ransomware attack appears to be causing glitches at many ATMs that work on Random Access Memory (RAM). Old ATMs are affected by the malware," State …
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May 16, 2017 -
SBI says no fake note likely from its ATMs, branches
The State Bank of India (SBI) on Wednesday said "no fake note is likely to be dispensed through its ATMs at any time" as it has state-of-the-art note sorting machines. Reacting to media reports that an SBI ATM here dispensed fake 2,000 rupee notes, an SBI statement from Mumbai said the bank has in place, …
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February 22, 2017 -
SBI says no fake note likely from its ATMs, branches
The State Bank of India (SBI) on Wednesday said "no fake note is likely to be dispensed through its ATMs at any time" as it has state-of-the-art note sorting machines. Reacting to media reports that an SBI ATM here dispensed fake 2,000 rupee notes, an SBI statement from Mumbai said the bank has in place, …
Continue reading "SBI says no fake note likely from its ATMs, branches"
February 22, 2017 -
Railways offers platforms for setting up over 2,000 ATMs
Eyeing about Rs 2,000 crore annually from non-tariff sources, Railways is all set to reach out to big names from the advertising world for spaces in trains, level crossings and areas along tracks besides offering major platforms for installing over 2000 ATMs. Railway Minister Suresh Prabhu will launch the non-fare revenue policy, a first in …
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January 8, 2017 -
Hunt for money at ATMs continues in Delhi-NCR
People in several parts of Delhi-NCR on Wednesday went around looking for functional ATMs, or waiting in queues before the ones dispensing cash, as the cash machines continued to perform below the official claims. Almost all the ATMs in Mandavali, Lakshmi Nagar and Mother Dairy areas in East Delhi wore a forlorn look and failed …
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January 4, 2017 -
No mayhem on salary day in Tripura
The crowds at banks and ATMs in Tripura on Thursday, the first salary day after demonetisation, was not as massive as feared by many. Bank officials in Agartala said a large number of employees withdrew some money in advance from their accounts fearing a huge rush on the first of December. “We have received and …
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December 1, 2016 -
82,500 ATMs recalibrated to dispense new notes
As many as 82,500 ATMs, which account for about 40 per cent of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of 500 and 2,000 rupees. Out of 2.2 lakh ATMs, 82,500 were recalibrated till Monday evening. These ATMs have been reset as per the direction of …
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November 22, 2016 -
Demonetisation: Queues persist outside banks, ATMs on 12th day
Some expressed frustration and disappointment over the long wait while a few of them said they have become habitual.
November 21, 2016 -
Demonetisation: Queues get shorter at banks; no respite at ATMs
In the wake of certain restrictions on money exchange norms by the government, chaos and rush at banks eased but the situation did not quite improve at ATMs as people were still seen waiting in long queues to withdraw valid currency notes. As banks opened after a day’s break today, people rushed to exchange old …
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November 21, 2016