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Why it will take weeks to tune ATMs

With about 2,000 qualified engineers to service ATMs across the country, it is an uphill task to modify 220,000 machines, Nupur Anand and Anup Roy report. It is more than a week now and the......

Electronic payment space lures investors

With a thrust on financial inclusion, banks are focusing on expanding their reach in a cost-effective way. This has spawned the need for heavy investment in technology and electronic payment......
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ATMs continue to run dry

People line up outside an ATM Experts say although ATMs have been re-calibrated to dispense new notes, they are being fed only at a fraction of... ...
ATM recalibration is complete, but it's not going to help if there ...

Today is the 50th day since Prime Minister Narendra Modi demonetised the old Rs 500 and Rs 1,000 notes . Over the last 50 days, we have seen a... ...
The nightmare at the ATMs persist

New Delhi, Dec 30: It has been 51 days since the decision on demonetisation and today is the last day that people can exchange their demonetised... ...
How ATMs have been impacted by demonetisation

A majority of the ATMs in India are in a predominantly defunct state, more than six weeks after the note ban announcement A majority of the ATMs in... ...
Lack of strong laws makes ATMs vulnerable to cyber attacks

India needs a legal framework to direct banks to safeguard its infrastructure against cyber attacks, experts say, as majority of the country's over... ...

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