News Blog

02
Jun

Chinese researchers have successfully developed the first automated teller machine (ATM) with facial recognition technology to reduce the risk of theft, media reports said. The developers include Tsinghua University and Tzekwan Technology, a Hangzhou firm in eastern China’s Zhejiang province that provides security protection for financial transactions, South China Morning Post quoted Chinese official media […]

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01
Jun

MUMBAI: The second largest private sector lender HDFC Bank has decided to discontinue issuing slips after cash withdrawals at ATMs and will alert the customer through SMSes. “We have decided to discontinue issuing receipts after cash withdrawals. The SMS which will be sent will have detailed information on the withdrawn amount and the balance in […]

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19
Nov

In a move that could potentially change the game for co-operative banks, the Railway Employees Co-operative Bank Limited, (RECBL) Jaipur has tied up with STATE ATMs for use of it’s large chain of upcoming ATMs. STATE ATMs is an initiative by bullion major RiddiSiddhi Bullion Limited.With an ambitious network of 50,000 ATMs pan -India in […]

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04
Sep

STATE ATM, one of India’s biggest upcoming white label ATM operator unveiled its first ever ATM at Bullion House in Mumbai. An initiative by bullion major RiddiSiddhi Bullions Limited (RSBL), the company plans to roll out 50,000 ATMs across Tier I to Tier VI locations in India. “We aim to have a strong presence in […]

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