Of Special Interest
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
22nd November 2011
Commonwealth Bank major ATM contract
Commonwealth Bank of Australia announced a "significant replacement and upgrade program that will see the Bank’s entire ATM fleet refreshed". The contract is awarded to Armaguard Group and Wincor Nixdorf.
The new ATMs will be the first in Australia to use the EMV standard, reading the embedded chip in the card rather than magnetic stripe. The new ATMs will also offer audio support, choice of languages and customisation for favourite transactions. If an ATM is out of service the closest working ATM will be displayed. Some branches will also have upgraded deposit machines allowing real time deposit recognition.
Commonwealth Bank has 4,100 ATMs in its Australian network, the largest of any Australian bank.