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News & Media

NCR gets new COO; Retail and Financial COO leaving company

September 9, 2002

DAYTON, Ohio -- Mark Hurd, president of NCR and chief operating officer of its Teradata division, has been named chief operating officer (COO) of the company.

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Lawsuit against Concord EFS alleges securities fraud

September 9, 2002

MEMPHIS, Tenn. -- A Concord EFS stockholder on Sept. 6 filed a federal lawsuit alleging that seven top executives of the transaction processor illegally earned…

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German bank to pilot Euronet cash management services

September 9, 2002

LEAWOOD, Kan. and MUNICH, Germany -- Bayerische Hypo- und Vereinsbank AG (HVB), the second largest bank in Germany, plans to pilot cash management services…

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What's up doc? S. African bank debuts cartoon-branded ATM card

September 9, 2002

JOHANNESBURG, South Africa -- In an attempt to gain a greater share of the youth market and to recruit clients from a younger age, Standard Bank has formed a…

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China Construction Bank continues ATM buying spree with NCR

September 5, 2002

LONDON -- NCR Corporation (NYSE: NCR) says it has signed a new $14 million hardware and software deal with China Construction Bank (CCB), following an earlier…

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Key's Agent Bank program continues to grow

September 5, 2002

CLEVELAND -- Cleveland-based KeyCorp's (NYSE: KEY) Agent Bank program, in which Key provides surcharge-free access to its ATM network to other financial…

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Alleged thieves "Dukes of Disaster" for Wisconsin ATM owners

September 5, 2002

GREEN BAY, Wis. -- Two Mukwonago men who went on a crime spree seemingly inspired by the old "Dukes of Hazzard" television show were charged with theft in the…

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ATM is unsurprising addition to controversial Los Angeles cathedral

September 5, 2002

LOS ANGELES -- Not surprisingly, the gift shop at the new Cathedral of Our Lady of the Angels has an ATM, according to an Associated Press report.

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Concord lowers earnings estimates, names Labry as Palmer's successor

September 4, 2002

MEMPHIS, Tenn. -- Transaction processor Concord EFS says that in full-year 2002 it expects to realize revenue growth of 26 percent to 28 percent and diluted…

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New requirements cause information overload for some ISOs

September 4, 2002

Some ISOs are finding it a challenge to provide extensive documentation on the financial backgrounds of those they do business with, including representatives…

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Diebold in 2nd big deal with China Construction Bank

September 3, 2002

BEIJING, China -- Diebold, Incorporated (NYSE: DBD) says it has signed a contract with China Construction Bank (CCB), valued at more than $12 million, to…

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Canadian ATMs up and running; labor talks resume

September 3, 2002

MONTREAL -- All of the approximately 100 Desjardins ATMs damaged by vandals on Aug. 28 are back in working order on Sept. 4 after crews spent the Labor Day…

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Allegiant Bank chooses Mosaic's Postilion to drive ATMs

September 3, 2002

DEERFIELD BEACH, Fla. -- Allegiant Bank has chosen Mosaic Software's Postilion software to provide ATM driving, as well as transaction switching and routing…

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Euronet accepting Visa, MasterCard at its UK ATMs

September 3, 2002

HERTFORDSHIRE, UK AND LEAWOOD, Kansas -- The UK operations of Euronet Worldwide (NASDAQ:EEFT) now offer Visa and MasterCard acceptance for cash withdrawals and…

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Frisco Bay earnings up in '02

September 3, 2002

MONTREAL -- Frisco Bay Industries Ltd. (NASDAQ: FBAY), a provider of security systems and off-premise ATMs, reported revenues for the period ended July 31 of…

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ATM/debit card usage rises in Hungary

September 2, 2002

BUDAPEST -- In the first quarter of this year, 46 percent of Hungarians over age 15 had a bank card as compared to 40 percent a year ago, according to a…

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Chile's Banco Ripley to choose network by year's end

September 2, 2002

SANTIAGO, Chile -- Chilean bank Banco Ripley is expected to make a decision before year's end on which of Chile's two ATM networks the bank should join…

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Tidel renews loan with JP Morgan Chase

September 2, 2002

HOUSTON -- Tidel Technologies, Inc. (Nasdaq: ATMS) says it has renewed its senior revolving credit facility with JP Morgan Chase until Dec. 30, 2002, with no…

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NCR's APTRA certified in U.S.

September 2, 2002

DAYTON, Ohio -- According to an NCR news release, software and switch-service partners now certifying its APTRA vendor-independent software in the U.S. include…

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UK's Abbey National moves toward EMV compliance

September 2, 2002

LONDON -- Abbey National, the UK's sixth-largest banking group in terms of assets, is working with several providers of ATM services to give its customers…

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