atms

  1. Luis

    Absa shut down 3,559 ATMs and cash devices in the last six years

    Major bank closed branches and thousands of ATMs in South Africa From 30 June 2021 to 30 June 2026, Absa shut down 3,559 ATMs and cash devices, decreasing its physical footprint regarding these machines by 41%. During the same period, the bank shrank its outlet footprint, including branches...
  3. Luis

    Standard Bank breaks trend, starts opening new branches and ATMs in South Africa

    Biggest bank in South Africa opening branches and launching ATMs Standard Bank, South Africa's largest bank by assets, which reached R3.8 trillion as of 30 June 2026, has broken its year-long trend of closing bank branches and ATMs. The bank has opened 25 new branches and launched 48 new ATMs...
    • Luis
    • Thread
    • atms bank branches banking standard bank standard bank group
    • Replies: 5
    • Forum: Broadband and IT News
  4. Luis

    Nedbank closed 345 ATMs in South Africa over the past six years

    Major bank shuts down ATMs and closes branches in South Africa Nedbank has reduced its ATM footprint in South Africa by 345 devices over the past six years and has continued to reduce the number of cash-accepting ATMs since 2024. The bank, headquartered in Sandton, has continued "rightsizing"...
  5. Luis

    Proposal to replace ATMs in South Africa

    Proposal to replace ATMs in South Africa The South African Reserve Bank (SARB) has proposed a new strategy regarding automated teller machines (ATMs) in the country that could see banks' ATMs replaced by white-label ones. This was in response to banks reducing their ATM footprints across the...
  6. Luis

    Severe storms in South Africa impact card payments and ATM usage

    Severe storms in South Africa impact card payments and ATM usage South Africans experienced challenges paying with their cards and using ATMs following the severe storms that recently wreaked havoc in parts of the country. According to Wireless Access Providers Association (WAPA) executive...
    • Luis
    • Thread
    • atms banking sector card payments paul colmer severe weather storms wireless access providers' association (wapa)
    • Replies: 0
    • Forum: Broadband and IT News
  7. Hanno Labuschagne

    Capitec planning new branches and ATMs in 2026

    Capitec planning new branches and ATMs in 2026 Capitec customers are benefiting from a larger network of branches across South Africa in 2026. While its ATM numbers have declined slightly, it still has substantially more of these devices than other banks. The bank's annual results for the...
  8. Hanno Labuschagne

    Just one bank expanding ATMs in South Africa

    Just one bank expanding ATMs in South Africa Capitec is the only major traditional bank in South Africa still expanding its ATM footprint, while Absa, FNB, Nedbank, and Standard Bank have closed thousands of cash machines. Excluding the over 3,000 cash devices that Capitec has rolled out since...
  9. Hanno Labuschagne

    Half a billion to replace South Africa's looted ATMs

    Half a billion to replace South Africa's looted ATMs South Africa’s major banks are expected to spend millions on replacing hundreds of ATMs damaged or destroyed during looting earlier this month. Speaking during a media briefing on Thursday, the Banking Association of South Africa (BASA)...
  10. Hanno Labuschagne

    South African banks and ATMs looted

    South African banks and ATMs looted Nedbank CEO Mike Brown says 37 of their bank branches and 112 ATMs have been vandalised or looted. Speaking to Biznews, Brown said they could currently not get to these facilities to determine the extent of the damage. “All we know at the moment is the...
  11. J

    ATMs and cash here to stay in South Africa

    ATMs and cash here to stay in South Africa Despite the increasing number of mobile payment options and widespread support for card payments, South Africans are using more cash than ever. Responding to recent questions about the addition of biometric security and contactless technology to ATMs...
  12. J

    85% of ATMS can be hacked in under 15 minutes

    85% of ATMS can be hacked in under 15 minutes An analysis by Positive Technologies has revealed that 85% of ATMs manufactured by NCR, Diebold, Nixdorf, and GRGBanking can be hacked in around 15 minutes by attackers with access to the device's network. If the attacker is an employee of the bank...
  13. schumi

    Be cautious when withdrawing money, police warn

    Johannesburg - The South African Police Service has warned individuals to be extra cautious when withdrawing money from ATMs in Johannesburg. "We would like to warn the community not to become victims. Suspects target people after withdrawing money from the bank or at an ATM," Captain Xoli...
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