Revolut has launched its first purpose-built ATMs in Spain, with 50 units in Madrid and Barcelona and 150 more in Valencia, Málaga, and other capitals. The ATMs offer fee-free withdrawals, competitive exchange rates, and digital features, targeting Spain's high cash reliance. The move aligns with Revolut's expansion plans across Europe, including Germany, Italy, and Portugal.

The Employees' Provident Fund Organisation (EPFO) is set to launch its updated platform, EPFO 3.0, with features like ATM-based fund withdrawals, auto-claim settlements, and digital account corrections. The system will also include a Centralised Pension Payment System (CPPS) to allow EPS 1995 pensioners to access funds from any bank. The Union Labour and Employment Minister, Mansukh Mandaviya, highlighted these reforms, emphasizing efficiency, transparency, and accessibility. The EPFO is also exploring integration with social security schemes like Atal Pension Yojana and Pradhan Mantri Jeevan Bima Yojana to expand pension access for informal sector workers.

The article discusses the growing role of micro ATMs in India, highlighting their dual function as card payment terminals and banking hubs. These portable devices are addressing financial inclusion gaps in rural and semi-urban areas by enabling local merchants to act as de facto bank branches. The rise of micro ATMs, which increased from 1.24 million in 2022 to 1.46 million in 2024, is transforming access to banking services, creating jobs, and boosting economic activity in underserved regions.

Starting May 1, 2025, ATM withdrawal charges will increase to Rs 23 per transaction, up from Rs 21, and savings account holders at RBL Bank will receive interest payments monthly instead of quarterly. The Reserve Bank of India (RBI) approved the hike in ATM interchange fees. Additionally, the government is consolidating 15 RRBs across 11 states into one, reducing the total number of RRBs from 43 to 28. Shriram Finance Limited has revised its Fixed Deposit (FD) interest rates, offering an additional 0.50% for senior citizens and 0.10% for women depositors.

This article discusses new ATM security threats, focusing on Man in the Middle attacks. Experts from Cook Solutions Group, including Levi Daily, CTO, and Michael Strange, director of technology services, provide insights into the vulnerabilities and solutions. The article highlights the increasing sophistication of criminal organizations and the need for a layered defense.