ATM
Why are CRMs replacing ATMs in Bangladesh? Differences, explained
The familiar hum of an ATM, once a symbol of modern banking convenience, might soon be replaced by a quieter whirring: the sound of Cash Recycler Machines (CRMs) quietly affecting the way Bangladeshis access their cash. While both machines offer self-service banking options, CRMs are rapidly outpacing their one-way counterparts, driven by a wave of efficiency, security, and accessibility benefits. But what are the key differences between ATMs and CRMs and what factors make CRMs a preferred choice for many banks? Let’s find out.
30 January 2024, 09:58 AM
Banks phasing out ATMs as focus shifts to both deposit and withdrawal
Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation
28 January 2024, 14:25 PM
China national sued over ATM fraud
The China national who was detained over suspected ATM fraud has been sued in line with the ICT act.
19 May 2016, 08:06 AM
DMP's unexplained curiosity
It seems these days in Bangladesh we are either forced or almost obliged to give personal, sometimes very private, information to some national bodies
4 March 2016, 18:00 PM
Cops claim find of crime network in ATM scam
Police said to have sniffed out a crime network of hotels, travel agencies, bank officials and businessmen involved in the recent ATM scam.
25 February 2016, 14:31 PM
'More money stolen at point-of-sale'
Foreign fraudsters in collaboration with local bankers and merchants are believed to have committed more card frauds on point-of-sale (POS) terminals than what they had done with ATMs, experts and investigators said.
24 February 2016, 18:00 PM
ATM scam: German, 3 City Bank officials remanded
A Dhaka court grants six days remand for each of four people, including a citizen of Germany, arrested over the ATM scam in Dhaka in which at least Tk 20 lakh was swindled out from various booths.
22 February 2016, 04:42 AM
EBL reimburses affected users of ATM fraud
Eastern Bank Limited hands over reimbursement to affected victims of the recent ATM card fraudulence incident that spread concerns among the public.
18 February 2016, 09:42 AM
Greece extends bank closures
The Greek government has extended bank closures and a €60 (£43; $66) daily limit on ATM withdrawals until Monday.
9 July 2015, 05:08 AM