ATMs in India can give you fake notes!
Reserve Bank of India has now made it compulsory for the banks to have verification and sorting machines.
This has become a necessity as a lot of consumers are complaining that the ATM machines are giving out fake notes.
And they are being harassed by the banks if [...]

McAfee to acquire SolidCore Systems
Security software maker McAfee has announced that they are acquiring privately held SolidCore Systems.
SolidCore Systems specializes in developing programs to protect automated bank tellers and other specialized computers.
This acquisition would help McAfee expand their product and services portfolio.
Company Chief Executive Dave DeWalt added in a statement that the company is [...]

No charge for using third party ATMs from April 1
There is good news for ATM users in the Indian market.
As per the RBI regulations, banks would not longer be able to charge a fee from rival bank customers who use their ATMs.
Essentially, you would now be able to use your ATM-Debit Card [...]

ICICI Bank might outsource ATM division
ICICI Bank is said to be considering hiving off its ATM division into a separate entity.
The company currently has a network of 1,416 branches along with more than 4,600 ATM outlets.
A company representative spoke about the reports in the media about these developments: “We evaluate various options [...]