Tag Archives: ATMs

Banks Still Grapple With Huge Rush, Most ATMs Run Dry

New Delhi: Banks still struggle to manage huge rush of people thronging branches across the country to exchange invalid currency notes and get cash to meet their daily needs. Despite some ATMs getting calibrated to dispense Rs. 500 notes, such vending machines are running out of cash because of huge pressure of withdrawal. Queues at some branches in the metro ... Read More »

Smartphones to Replace Cards at ATMs

Here’s another use for the smartphone as it invades daily life: in place of your debit card at your bank cash machine. The “cardless” automatic teller machine (ATM) is gaining ground in the US and around the world, with smartphone technology allowing for speedier and more secure transactions. Dozens of US banks are installing new ATMs or updating existing ones ... Read More »