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Class action suit charges FIs, ATM operators with collusion over fees

August 18, 2004

New York Post: A new federal class action suit charges ATM operators and banks with colluding to gouge customers every time they used ATMs. The suit, filed in…

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7,000 South African ATMs need to be upgraded for EMV

August 17, 2004

JOHANNESBURG, South Africa -- South African banks are upgrading their ATMs and merchant point-of-sale terminals to accommodate the EMV…

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NY county to require registration of non-bank ATMs

August 17, 2004

MidHudsonNews.com: Board of Legislators in Westchester County, N.Y. have approved a new law that will require owners of non-bank ATMs to register them with the…

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Indian company selling Internet services at ATMs

August 17, 2004

The Financial Express: Videsh Sanchar Nigam Limited (VSNL) is planning to roll out its broadband services in select areas of India's top eight cities within…

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Metavante to drive new services for Volkswagen Bank USA

August 16, 2004

MILWAUKEE, Wis. - Volkswagen Bank USA, a wholly owned subsidiary of VW Credit, Inc., has signed a long-term agreement with Metavante Corporation, the financial…

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Qualtex intros counter-top version of WeatherMaster ATM

August 16, 2004

CHICAGO - Qualtex, manufacturer of the WeatherMaster ATM, has released an interior counter-top version of the WeatherMaster.

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Nexus now has more than 800 middleware licensees

August 16, 2004

RALEIGH, N.C. - Nexus Software, Inc., provider of cross-channel client middleware, says it has issued more than 135,000 active licenses to more than 80…

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7-Eleven buys ATMs in its stores from American Express

August 16, 2004

DALLAS - 7-Eleven, Inc. (NYSE: SE) has acquired the ATMs currently deployed in 7-Eleven stores from American Express Company for a purchase price of…

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Transaction processing is going global

August 15, 2004

Royal Bank of Scotland Group plc's decision to buy privately owned merchant acquirer and processor Lynk Systems of Atlanta for $525 million provides proof that…

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More strange-but-true ATM news

August 15, 2004

Recent strange-but-true ATM-related news includes an incompetent forklift operator, Japanese thieves who tunneled their way to the money and a fat lady who…

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Cash handling changes on the way

The Federal Reserve is poised to make some policy changes that will force many financial institutions to change the way they think about money. The Fed hopes…

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Irish ATM security dispute appears no closer to resolution

August 15, 2004

Business World: Unions and management at Brinks Allied will meet on Aug. 16 at the Labour Relations Commission in a bid to resolve the dispute that has…

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Global Axcess earnings up in '04's 1st half

August 15, 2004

PONTE VEDRA, Fla. - Global Axcess Corp. reported net income of $366,123 on revenue of $3.1 million for the quarter ended June 30, up from net income of…

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State Bank of India to add 2,500 ATMs

August 15, 2004

Financial Express: State Bank of India (SBI) is planning to purchase 2,500 ATMs to bring its network to 6,700 machines by the end of 2004. The banking behemoth…

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Diebold acquires security systems integrator

August 15, 2004

NORTH CANTON, Ohio - Diebold, Incorporated (NYSE: DBD) has acquired Antar-Com, Inc., a electronic security systems integrator headquartered in White Plains…

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Australian bldg. society adding Diebold ATMs with integrated security features

August 15, 2004

NORTH CANTON, Ohio - Australia's largest building society, Heritage, plans a $1.2 million refurbishment of its fleet of ATMs that includes the first-ever use…

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Who's who: Kyle MacDonald

August 12, 2004

The fact that she's no techie hasn't hurt the high-tech business of Kyle MacDonald, founder and chief executive officer of software developer Phoenix…

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Australian bank implements Phoenix's ATM software

August 12, 2004

SYDNEY -- St. George Bank, Australia's fifth-largest financial institution, has successfully completed its installation of Phoenix Interactive's multi-vendor…

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Phoenix installs multi-vendor software at Bank of Montreal

August 12, 2004

MONTREAL - Software developer Phoenix Interactive has completed a VISTAatm software implementation project with Bank of Montreal (BMO).

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TD Bank outsources ATM network to HP Canada

August 12, 2004

TORONTO - Hewlett-Packard Canada has won a $420 million (U.S. $318.5 million) outsourcing contract to upgrade and manage TD Bank's network of ATMs and its ATM…

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