ATM fraud on rise in UK

August 24, 2003

LONDON -- The City of London Fraud Squad reported a sharp rise in so-called Lebanese loop fraud, in which thieves use devices to trap ATM users' cards in…

EFTA event to examine impact of debit settlements

August 24, 2003

HERNDON, Va. -- The Electronic Funds Transfer Association (EFTA), a trade group for the electronic payments industry, will host a one-day conference focusing…

Innobeta CEO joins credit union's board

August 21, 2003

SOUTH HACKENSACK, N.J. -- Eric Park, chief executive officer of transaction processor Innobeta Systems, Inc., has been named to the board of directors of…

Fiserv adds cross-selling capability to processing software

August 21, 2003

BROOKFIELD, Wis. -- Fiserv, Inc.'s (Nasdaq: FISV) newly acquired Credit Union Industry Group (CUIG) has added a new, integrated cross-selling capability for…

Credit union achieves TDES compliance with Diebold package

August 21, 2003

NORTH CANTON, Ohio -- Diebold, Incorporated (NYSE: DBD) through its relationships with Mosaic Software and Thales e-Security, has successfully installed a…

It's getting easier to add audio to ATMs

August 20, 2003

The bad news: Triple DES isn't the only regulation impacting ATMs in the near future. The good news: technology advances are making it easier to add audio to…

UFJ 1st Japanese bank to offer 24-hour ATM service

August 20, 2003

TOKYO -- UFJ Bank plans to begin operating 24-hour ATMs in the Tokyo, Nagoya and Osaka metropolitan areas in late September, becoming the first major Japanese…

Co-Op Network white paper examines possible effects of debit settlement

August 20, 2003

ONTARIO, Calif. -- In light of the recent out-of-court settlement in the merchants' lawsuits against MasterCard and Visa, the Co-Op Network has issued a white…

Nationwide Money adds Branded Vault Cash program

August 19, 2003

PONTE VEDRA, Fla. -- Global Axcess Corp. (OTC Bulletin Board: GLXS) has introduced a Branded Vault Cash program that it is marketing to financial institutions…

Want coffee with that? Credit union adds ATMs at NY bagel shops

August 19, 2003

ALBANY, N.Y. -- SEFCU (State Employees Federal Credit Union), which has 116,000 members in New York state, is expanding its network of ATMs at 14 Bruegger's…

Heavy equipment still popular tool for ATM break-ins in Japan

August 18, 2003

TOKYO -- More than 60 million yen (about $501,000 U.S.) was stolen from an ATM at a supermarket parking lot in Noda, Chiba Prefecture, on Aug. 16, according to…

Hyosung intros bill recycling module for ATMs

August 18, 2003

SEOUL, South Korea -- Nautilus Hyosung has introduced its first Bill Recycling Module (BRM) units, which can be used in ATMs or kiosks.

Wachovia converts 4,500 First Union ATMs

August 18, 2003

CHARLOTTE, N.C. -- Wachovia Corp. says it has completed the integration of the systems, products and signs used by the former First Union Corp., including…

Confessions of an ATM Soothsayer

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August 17, 2003

Fujitus's Kent Schrock says soothsaying seems risky when it comes to the ATM business.

NCR has sunny outlook on battery/solar power for ATM

August 17, 2003

LONDON -- Research carried out by NCR Corporation (NYSE: NCR) in cooperation with the University of Dundee, Scotland may be the key to ATM deployment in some…

Visa intros no-surcharge program for Plus members

August 17, 2003

SAN FRANCISCO -- Visa USA is introducing a Plus No Surcharge Alliance, an optional service that will help financial institution members of its Plus network to…

Some Minnesota child support recipients opt for prepaid card

August 17, 2003

MINNEAPOLIS, Minn. -- About 7,000 Minnesota recipients of child support payments have elected to have their monthly payments credited to a Visa-branded debit…

Ulster Bank, Easycash to roll out 400 ATMs in Ireland

August 17, 2003

ULSTER, Ireland -- Ulster Bank, a wholly owned subsidiary of the Royal Bank of Scotland Group, and Easycash, Ireland's largest independent ATM provider, will…

Western Union buys stake in UK top-up provider

August 17, 2003

DENVER -- Western Union Financial Services, a subsidiary of First Data Corp. (NYSE: FDC), has purchased a majority stake in Eposs Limited, a Cambridge, UK…

Fleet piloting check cashing terminals

August 17, 2003

NORTH CANTON, Ohio -- FleetBoston (NYSE: FBF) has teamed with Diebold, Incorporated (NYSE: DBD) to create "Paycheck Anytime," a terminal that automates the…