ATM Windows 10 Migration: Benefits, Challenges and Options for Banks
It seems like only yesterday banks had to upgrade their ATMs to Windows 7. Yet here we are again on the verge of another major operating system (OS) update – just a short six years later. Microsoft has set the end-of-support date for Windows 7 for January 14, 2020. The result is banks are scrambling once again to make the switch in a timely manner. Updating to the new OS, Windows 10, is not a mandated change. However, banks that fail to upgrade in January or implement another
Is Waiting to Migrate ATMs to Windows 10 Really an Option?
Even under ideal conditions, the migration to a new operating system (OS) can be a prolonged process. With the end-of-life date for ATMs running Windows 7 quickly approaching, financial institutions (FIs) are being forced to amend migration strategies and budgets to accommodate Windows 10. With no firm dates announced for processing certification and delivery dates for new hardware and upgrade kits 120 days or more out, the Windows 10 migration is shaping up to be a schedulin
Make a New Year’s Resolution to Save Money by Outsourcing Your ATM Fleet
Financial institutions require ATMs in easily accessible, convenient locations to retain and attract account holders. With changes in technology, increasing compliance requirements and security risks not to mention the upcoming migration to Windows 10, it may be financially and operationally overwhelming for banks and credit unions to manage and maintain their aging ATM fleets. Rather than continue to struggle with upgrading as well as with updating and managing terminals, AT
Make a New Year Resolution to Boost Revenue by Offering a Cash Discount Program
Approximately 45 percent of Americans make New Year’s resolutions, and according to Static Brain they are 20 percent more likely to attain their goals than those who don’t make resolutions. Moving into the new year, business owners may want to make a resolution too. And one of the easiest ways to boost your bottom line is to reduce expenses by offering a cash discount program for customers. In addition to incentivizing cash, it eliminates costly processing fees and allows mer
Keeping up with Millennial Consumers
Whether it be local, regional or even a national brand, people are traditionally drawn to things they know. Consumers in the Millennial demographic (born between 1981-1996), however, have been steering away from large, corporate brands in favor of smaller, less recognizable companies. Known as the Reverse Branding Trend, younger consumers are less prone to promoting big companies with flashy logos and catchy slogans. Spending trends suggest that affordability and value are of
