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
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
HOW CASH DISCOUNT PROGRAMS CAN HELP BOOST BUSINESS WITH MILLENNIALS
As new technology enters the market, small business owners can struggle to keep up with the constantly changing payment options. In many cases, small businesses suffer under the financial burden related to credit card transaction fees. And, integrating expensive and complex technology that requires an overhaul of existing hardware and software can challenge an owner’s ability to keep their business viable. Millennials, the largest generation since the baby boomers, are behind
STAR FINANCIAL SERVICES JOINS WITHDRAW CASH WEDNESDAY AS GOLD SPONSOR FOR 2017 & 2018 CAMPAIGNS
Originally Posted by ATMIA SIOUX FALLS, SD & LONDON, UNITED KINGDOM – The ATM Industry Association (ATMIA) is pleased to welcome Maryland-based independent ATM deployer Star Financial Services, Inc. as a Withdraw Cash Wednesday Gold Sponsor for the 2018 and 2019 campaigns. Currently underway for the U.S. Christmas holiday shopping season, the Withdraw Cash Wednesday campaign is designed to promote consumer cash usage and boost ATM cash withdrawals nationwide. “Star Financial
WHY ATM OUTSOURCING IS A COST-EFFECTIVE WAY TO MEET ACCOUNT-HOLDER DEMANDS
Keeping every ATM in your network running effectively can be a challenge. Terminal management, ensuring units are stocked with a sufficient supply of cash, updating firmware and software, servicing the physical components of the ATMs and balancing are just a few of the tasks a financial institution has to deal with on a daily basis. With over 70% of consumers expecting self-service options from their financial institution, branches closing in record numbers and the increasing
