Paragon names Simerly director of managed services, head of SaaS testing solution

by Tracy Kitten — Editor, AMC

October 7, 2009

Paragon Application Systems has named Mark Simerly its director of managed services — a role that puts Simerly in charge of developing and deploying Paragon's…

Lawsuit claims Heartland knew its data security was sub-par

by Tracy Kitten — Editor, AMC

October 7, 2009

CU Info Security reports that a new master companion filed in a class-action lawsuit against Heartland Payment Systems claims Heartland CEO Robert Carr told…

ATM fees climbing for non-customers, study finds

October 7, 2009

Bankrate.com reports that the average ATM fee for non-customers rose 12.6 percent this year to $2.22, according to results of its annual survey.   The report…

NCR announces CFO's resignation

October 7, 2009

Reuters reports that NCR Corp. chief financial officer Anthony Massetti will resign and take a similar post at Avaya Inc., a provider of enterprise…

ATMIA realigns strategy, ATM focus for 2010 and beyond

by Tracy Kitten — Editor, AMC

After a few financially trying months, ATMIA CEO Mike Lee says the international ATM association expects new initiatives and restructuring to have a positive…

Prepaid options examined for high fees, putting unbanked at disadvantage

by Tracy Kitten — Editor, AMC

October 6, 2009

Products targeted at the unbanked continue to carry high fees, according to a joint reporting project from The New York times and PBS's "Frontline." The two…

Proposed legislation and a pending lawsuit push FIs to re-evaluate ATM, debit overdraft fees

by Tracy Kitten — Editor, AMC

October 5, 2009

U.S. Senate Banking Committee Chairman Chris Dodd tells The Buffalo News he is drafting legislation that would require banks to get customer permission before…

VIDEO: ATM theft caught by mobile phone camera

October 5, 2009

Two ATM thieves in Virginia were caught on video by a Chevron employee as they used firefighting gear to break into the Chevron's ATM. WUSA-TV, Channel 9, in…

ATMIA names Flora Hamilton to manage European chapter

by Tracy Kitten — Editor, AMC

October 5, 2009

The ATM Industry Association has named Flora Hamilton its new European manager, a post she will assume this month. ATMIA plans to introduce Hamilton to the…

Mobile banking pushes FIs to look beyond simple transactions, enhance user experience

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Commentary: Diebold Inc.'s Bob Usner says the mobile channel will be the catalyst for strengthening consumer relationships with banks and credit unions.

'Reverse' ATM caters to Portland's unbanked

by Tracy Kitten — Editor, AMC

October 4, 2009

Residents in Portland, Ore., now have a chance to deposit more cash rather than withdraw it.   According to a news story from Portland's KGW-TV, Channel 8, a…

FDIC taps Huntington Bank to take over small Michigan FI

by Tracy Kitten — Editor, AMC

October 4, 2009

Business First of Columbus reports that Michigan-based Warren Bank, $400 million in assets, has been taken over by Huntington Bancshares Inc., $51 billion in…

Check imaging hits India via ATMs from Diebold and NCR

by Tracy Kitten — Editor, AMC

October 4, 2009

The Economic Times reports that imaging ATMs are hitting New Delhi, India, thanks to the efforts of Diebold Inc. and NCR Corp.   State Bank of India, the…

ACI releases new BASE24-eps for improved globalization

by Tracy Kitten — Editor, AMC

October 1, 2009

ACI Worldwide Inc. has announced the general availability of the next version of BASE24-eps, ACI's software for online-payments processing.   BASE24-eps…

Fiserv releases latest fraud risk-mitigation, anti-money laundering solutions

by Tracy Kitten — Editor, AMC

October 1, 2009

Fiserv Inc. has announced the availability of Fraud Risk Manager 4.6, the newest version of its multichannel fraud-detection and management solution. …

U.S. credit unions have a marketing advantage

by Tracy Kitten — Editor, AMC

John Berra, marketing director for Credit Union Conferences, says the economic downturn could work in credit unions' favor, if they have enough marketing savvy…

Privier adds international codes to money-transfer offer at ATMs

by Tracy Kitten — Editor, AMC

October 1, 2009

Privier says it has enhanced its FormFree system to include international calling codes.   According to Privier, the enhancement is expected to streamline…

John Berra says credit unions have a marketing advantage

The economic downturn has impacted all financial institutions, but credit unions have a resiliency that banks do not, says John Berra, marketing director for…

Wells wraps installation of imaging ATMs for Wachovia machines in Savannah

by Tracy Kitten — Editor, AMC

September 30, 2009

WTOC-TV, Channel 11 in Savannah, Ga., reported yesterday that the city of Savannah is one of the first on the East Coast to install check- and cash-imaging…

Could U.S. consumers spur adoption of EMV in U.S.?

by Tracy Kitten — Editor, AMC

September 30, 2009

As the rest of the world wraps its migration to EMV/chip-and-PIN technology, Americans traveling overseas are running into mag-stripe disadvantages.   This…