Post Office weighs bid for ATM operator in cashpoint expansion Banking The Post Office is weighing a bid for one of the UK’s largest independent ATM operators in a move that would expand its cashpoint empire, City AM can reveal. The group, which facilitates the largest branch-based access-to-cash network in the United Kingdom, is exploring a deal for Notemachine after it was put up for sale [...]
Sainsbury’s to sell ATM machines after exiting core banking business Banking Sainsbury’s has agreed to sell its ATM machines to operator Notemachine three months after offloading most of its banking business to Natwest.
New access to cash rules kick in for UK banks and building societies Banking New rules from the UK's financial regulator to ensure access to cash have come into force, handing new powers to local communities and placing stricter requirements on banks looking to close branches.
Banks must ensure access to cash when closing branches under new FCA rules July 24, 2024 Banks and building societies looking to close branches will have to weigh up whether residents are able to access cash under new rules announced by the City watchdog today. Starting from 18 September, banks will have to assess whether closing local bank branches or ATMs leaves communities without adequate access to cash. Where significant gaps [...]