CIOReview Magazine

3,551 Flips | 7 Magazines | 3 Likes | 53 Following | 43 Followers | @AashishLowa25e5 | Keep up with CIOReview Magazine on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “CIOReview Magazine”

Financial Controls Best Practices for Managing your Business

Managing Your Financial Controls<p>White Paper: AutoRek<p><b>How to manage your financial controls gaining efficiencies, mitigating risk and enhancing</b> …

Essential steps to build and automate Bank Reconciliation Processes

As we know, <i>bank reconciliation</i> is the process of matching the balances in an entity's accounting records for a cash account to the corresponding …

AutoRek Solutions for Insurance Industry

Financial control refers to the systems implemented in place to trace the directed resources of an organization with timely monitoring and …

ATM reconciliation and cash management challenges

Automating ATM Cash Management<p>White Paper: AutoRek<p><b>How to Automate ATM Cash Management?</b><p>Banks are still practicing manual accounting methodologies to …

Efficient processes with Accounts Receivable Automation for Cash Allocation

Automating Cash Allocation<p>White Paper: AutoRek<p>How to <b>Automate Cash Allocation Process</b>?<p>Organizations are typically distressed concerning upgrading to …

Rs 3.58 lakh stolen from the ATM of a nationalised bank by an unidentified person using a skimming device

A nationalised bank has filed a complaint that an unknown person stole ATM card details of over a dozen of its customers and siphoned off Rs 3.58 …

Identity Theft

Banks face political heat over killing off ATMs

The Commonwealth Bank of Australia's surprise decision to axe ATM fees for non-customers three weeks ago has rippled across the financial services …

FinTech

ATM malware available online for only $5,000

Malware which forces ATMs to hemorrhage cash has been discovered for sale on the Dark Web at an unfortunately accessible price.<p>Researchers have …

Wells Fargo launches contactless ATMs to significantly reduce transaction time

Wells Fargo enabled contactless withdrawals from phones or payment-enabled wearable devices at over 5,000 of its ATMs, according to a press release.<p>Customers can initiate the contactless withdrawals through mobile wallets — including the Wells Fargo Wallet, Apple Pay, Android Pay, and Samsung Pay — …

FinTech

I haven't paid an ATM fee in over 10 years — and I can tell anyone how to stop paying them for good

I refuse to pay bank fees.<p>There's just something about paying to use my own money that I can't accept — and I don't think anyone should. Especially as a financial planner who has seen first hand how fees can devastate budgets, while adding billions to banks' bottom lines.<p>Bank of America, Wells …

Wells Fargo enables Apple Pay-authorized transactions at 5,000+ ATMs

U.S. bank Wells Fargo on Tuesday annnounced that it's now supporting NFC-based authentication -- including Apple Pay -- at over 5,000 ATMs, letting …

Apple Pay

Police warn of increase in e-commerce, Internet love scams

The total number of e-commerce and Internet love scams increased by 26 per cent in the third quarter of 2017, prompting the police to issue a warning …

From IKEA to M&Ms - 12 everyday acronyms you use every day without knowing what they stand for

They're words we use every day but many of us don't realise what they actually stand for.<p>From PS to Yahoo, here's 12 every day acronyms we use every …

Closing many of the UK’s free ATMs would be a huge blow to rural communities

A few weeks ago, Mike Fotis wrote of the depressing future of UK banking for those living in rural areas, or who are unable to use technology. Understandably – and for most customers, sensibly – many banks are focused on improving their online services and apps. The problem is that as they do this, …

Banking

12 everyday acronyms and what they stand for - from IKEA to M&Ms

If you're anything like us, the chances are you've spent a fair few weekends in Ikea this year.<p>The Swedish furniture giant owns and operates nearly …

Criminals With Terrifying Baby Mask Deploy ATM Skimmers In Minnesota

As Halloween draws closer, here’s a reminder of what you should really be scared of: ATM skimmers, or devices that attach to cash machines to slurp …

Identity Theft

BitcoinPlug Will Enable Bitcoin Cash on all of Their Los Angeles ATMs Soon

<b>Cryptocurrency ATMs have become increasingly popular as of late. Although not every country has such a device, things are evolving in the right</b> …

Los Angeles

Going to get cash? ATMs could give you influenza and respiratory infections

ATMs allow pathogens to thrive and spread among their users.<p>As winter approaches, so does the threat of a slew of infections – influenza, common …

UK facing 'ATM deserts': Thousands of free cash-machines could be axed

ATMs operator Link unveils plans to cut fee charged to card issuers from 25p to 20p.<p>The number of free cash machines in Britain could be set for a …

DEBATE: One in five cash points are at risk of closing – but do we really need ATMs anymore?

One in five cash points are at risk of closing – but do we really need ATMs anymore?<p>Ron Delnevo, executive director Europe for the ATM Industry …

CARDS DIDN'T WORK AT ATMs

<b>THE brewing conflict between the SA Post Office and Minister for Social Development Bathabile Dlamini has affected Sassa beneficiaries.</b><p>On Wednesday …

ATMs

Big questions around demonetisation #4: How was your experience with banks and ATMs?

<i>Editor's note: This is the fourth and final part in a series of big questions asked after the announcement of demonetisation on 8 November, 2016.</i> …

India

Police investigating series of thefts involving ATMs east of Toronto

AJAX, Ont. -- Police say they're investigating a series of thefts at banking machines in communities east of Toronto.<p>Durham regional police say the …

ATM Fees Are Robbing You Blind: Here's How to Avoid Them

ATM fees are no tiny surcharge: they're now nearly 5% of every $100 you withdraw.<p>For the 11th year in a row, ATM fees have hit a record high in …

Police investigating series of thefts involving ATMs in Ajax

AJAX, Ont. -- Police say they're investigating a series of thefts at banking machines in communities east of Toronto.<p>Durham regional police say the …

Toronto

Two security firm employees arrested for ‘diverting ATM cash to own bank accounts’

The accused, Mulund residents Deepak Jadhav and Rohit Gaikwad, had been working as cash-loading officers with the firm since June this year and …

ATMs

7 Places You Didn’t Know Had Hidden Cameras

Big Brother is watching.<p>You probably know your bank’s branch has security cameras watching to make sure thieves don’t steal your account information, …

Nigeria:Biometrics Will Replace ATM Code Soon - Central Bank

[Leadership] The Central Bank of Nigeria (CBN) has disclosed that with the Bank Verification Number (BVN) in place, biometrics will soon be used for …

ATMs

Sophia (robot), a new hope or a new threat?

A new hope<p>Let’s imagine the day that robots are living around us and help us do a lot of things such as household activities, caring the elders, …