30 results
- 26 Nov 2015
Stanbic IBTC Bank Launches NCR Interactive Teller Machine
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has introduced NCR interactive teller machine (ITM), an innovative product that will allow customers perform full banking activities 24 hours…
- 11 May 2009
Probanx Information Systems out with Mobile Teller Machine
Probanx Information Systems Limited , a German managed software house based in Cyprus which specializes in the development and support of banking software , offering multi-branch,…
- 24 Nov 2008
SoftWorks Introduces Self Monitoring ATMs
Software solution provider, SoftWorks Limited has deployed the revolutionary automated self monitoring Automated Teller Machines in the country’s financial market with the latest version of…
- 11 Aug 2008
ATM outside Bank: Emulating Skybank, Access Bank Initiative
Greater percentage of Automated Teller Machines (ATMs) in the country is located within bank premises and thereby restricting a lot of people who are not residing close to bank access to the machine…
- 9 Jun 2013
Ugly Side of the ATM
Criminals are showing Nigerians the ugly side of the automated teller machine (ATM), the wonder machine that provides customers of a financial institution access to cash in a public space without the…
- 21 Jul 2008
CWG, Telnet Race to Deploy First Deposit ATM
Telnet Group and Computer Warehouse Group (CWG), two major business enablers in Nigeria are neck and neck in the race for the deployment of the first cash and cheque deposit Automated Teller Machine…
- 31 Aug 2014
Experts Welcome ATM Charges, Banks Deploy More Machine
Stakeholders in the e-payment space have commended the reintroduction of N65 inter-bank Automated Teller Machines (ATMs) charge while cautioning the Central Bank of Nigeria (CBN) against undue…
- 8 Dec 2009
Huge Debt Profile May Scare CWG, XLCMS from ATMC Acquisition
Potential buyers of Automated Teller Machine Consortium (ATMC), the struggling Nigeria’s premier independent ATM deployer (IAD) may change their minds following discovering that…
- 28 Apr 2019
CBN Warns Banks against Issuing Dirty Naira Notes via ATM
Central Bank of Nigeria (CBN) has advised banks not to load their Automated Teller Machines (ATMs) with unfit banknotes, warning that those who contravene this directive would be punished. …
- 10 May 2010
EMV: ATMs Reject Magnetic Stripe Cards
Some banks installed Automated Teller Machines (ATMs) have started rejecting magnetic stripe cards, in what looks like a move to protect customers from card related fraud, Nigeria CommunicationsWeek…
- 10 Nov 2013
Banks Invest $2.5Bn on ATMs to Decongest Banking Halls
Money deposit banks in the country have invested some $2.5billion in the acquisition of Automated Teller Machines (ATMs) deployed across the country at both offsite and banking premises,…
- 10 Sept 2020
Customs Arrests Man with 2,886 ATM Cards @ Lagos Airport
Lagos zonal office of the Economic and Financial Crimes Commission (EFCC), has commenced investigations of a suspected fraudster for concealing 2,886 Automated Teller Machine (ATM) cards and four…
- 12 Jan 2014
Banks to Deactivate Cards Trapped in Other Banks’ ATMs
Money deposit banks in the country have resolved to commence the deactivation of all Automated Teller Machine (ATM) cards trapped in other banks’ ATM from January 15 this year, Nigeria…
- 8 Dec 2013
Banks Issue 14.72m Cards, Invests$2.5Bn on ATMs
The total number of Automated Teller Machine cards issued by commercial banks in the country hit 14.72million as at the end of July this year, indicating the growing popularity of the electronic…
- 12 Dec 2012
Politics of ATM Charges Withdrawal
The Bankers’ Committee’s decision to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks may have adverse effect on the industry if the cost of removing the…
- 10 Mar 2022
Zenith Bank Suspends Naira Card International Usage
Zenith Bank Plc has suspended the use of its Naira cards on automated teller machines (ATM) point of sale terminals (POS) outside the country as it reviewed naira card monthly spending via web…
- 11 Feb 2025
CBN Rolls out New ATM Transaction Fees Effective March 1
The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take effect on March 1, 2025. A circular, signed by John Onojah, the acting director…
- 24 May 2010
CBN Issues Fresh Guidelines on ATM Operations
The Central Bank of Nigeria (CBN) has issued new guideline and standard for operations of Automated Teller Machines (ATM) services in the country. The apex bank said in a circular that the purpose of…
- 20 Oct 2008
GT Bank, Access Banks Deploy Self Maintaining ATM Machines
Some banks in Nigeria have started deploying self maintaining Automated Teller Machines (ATMs) to stem the growing worry of downtime experienced at the computerized telecommunications device that…
- 9 Feb 2009
New Chip Card Renders 28M ATM Cards Useless
More than 28 million users of Automated Teller Machines (ATMs), will require new ATM cards to use the computerized devices that provide financial transactions without the need for bank teller,…
- 30 Jun 2008
Transactions with ATM Hit 65m in May
Automated Teller Machine (ATM) transactions hit an all time high in May, when dealings through the money dispensing machine reached 65 million, Nigeria CommunicationsWeek investigation has shown.…
- 28 May 2018
Union Bank Introduces Robotics to Ease Banking Operations
Union Bank Plc has introduced a Robotic Process Automation (RPA) to ease routine banking operations especially that of cash dispense errors made by Automated Teller Machines (ATMs). The RPA…
- 15 Jun 2009
ATMC Optimistic About Banks' Surrender of ATMs
ATM Consortium (ATMC) has expressed optimism that all the banks would relinquish their off-location Automated Teller Machines (ATMs) as plans are underway for eight banks to surrender some 1,500…
- 23 Feb 2025
SERAP Drags CBN to Court over ATM Fee Hike
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over the failure to reverse the increase in Automated Teller Machine (ATM)…
- 1 Jun 2009
UBA Unveils Nigeria’s First Cash Deposit ATMs
United Bank for Africa (UBA) Plc has taken the wrapper off the first intelligent cash deposit Automated Teller Machine (ATM) in the country. Customers can now make cash lodgements to their accounts…
- 28 Nov 2023
EFCC Warns Nigerians against ATM Card Swap Fraud
Economic and Financial Crimes Commission (EFCC) has alerted Nigerians against unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swapping fraud. The commission issued the…
- 18 Feb 2018
Police Nabs Suspected ATM Thief
Enugu State police command has arrested a notorious suspected Automated Teller Machine (ATM) fraudster operating within Enugu and its environs. SP Ebere Amaraizu, command’s Spokesman, who…
- 23 Feb 2009
Nairanet Collaborates Axis Technology on ATM Security
Nairanet has signed a partnership agreement with Axis Technology to provide biometrics service for Automated Teller Machines (ATMs) deployed by banks. Kenneth Miebaka Adoki, managing director,…
- 3 Jul 2013
Reps Probe Fake Naira Notes @ ATMs
House of Representatives has mandated its Committee on Banking & Currency to investigate cases of fake naira notes reportedly being dispensed by some Automated Teller Machines (ATMs) in the…
- 28 Jun 2026
ngCERT Raises Alarm over Surge in Banks' ATM Cyberattacks
Nigeria’s Computer Emergency Response Team (NgCERT) has urged financial institutions to reinforce their cybersecurity systems following a surge in automated teller machine (ATM)-related attacks…