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.

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

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.

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

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.

Credit-debit Card Fraud / '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.

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.

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.

Greece extends bank closures

The Greek government has extended bank closures and a €60 (£43; $66) daily limit on ATM withdrawals until Monday.

January 30, 2024
January 30, 2024

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.

January 28, 2024
January 28, 2024

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

May 19, 2016
May 19, 2016

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.

March 5, 2016
March 5, 2016

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

February 25, 2016
February 25, 2016

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.

February 25, 2016
February 25, 2016

'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.

February 22, 2016
February 22, 2016

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.

February 18, 2016
February 18, 2016

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.

July 9, 2015
July 9, 2015

Greece extends bank closures

The Greek government has extended bank closures and a €60 (£43; $66) daily limit on ATM withdrawals until Monday.