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News & Media

Germany's Commerzbank to pilot cash recycling ATMs

July 14, 2004

BERLIN - The Commerzbank AG will roll out 100 Rondo 4cashcycle+ cash recycling systems from KEBA, beginning in autumn of 2004.

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Branded ATMs put banks everywhere

by Sherry Yang

July 13, 2004

Independent ATM operators are partnering with banks to help expand geographic reach by rebranding ATMs in retail locations. The banks gain marketing muscle and…

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Networks strive to unify PED standards

by Sherry Yang

July 13, 2004

The ATM industry's latest network requirement is that the PIN-entry devices (PED) on newly purchased ATMs be approved by one of three independent…

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Java-friendly BASE24 makes market impact

by Sherry Yang

July 13, 2004

Three hundred and twenty customers, including 86 of the top 500 U.S. banks and 24 of the top 100 U.S. retailers, use ACI Worldwide's BASE24 transaction…

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Free ATM access boosts profile of payroll cards

by Sherry Yang

July 13, 2004

Payroll cards let employers distribute wages via a stored value card rather than a paper check or electronic deposit into a traditional banking account. They…

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Wraps leverage ATM advertising potential

by Sherry Yang

July 13, 2004

Television, radio and print media have established systems for gauging the size of their audiences. At first, ATM advertising didn't, which made it difficult…

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Fla. credit union joins Allpoint

July 13, 2004

BETHESDA, Md. - The $630 million IBM Southeast Employees' Federal Credit Union of Boca Raton, Fla., has joined the Allpoint surcharge-free ATM network.

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Two industry vets join Creative Card Solutions consulting firm

July 13, 2004

TEMECULA, Calif. - Creative Card Solutions, a consulting firm that works with financial institutions providing assistance with ATM sponsorship programs and…

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Want a more efficient ATM fleet? Try following 'protocol'

by

July 12, 2004

Despite the Web-enabled possibilities of new-generation ATMs, most machines communicate like it's 1975. A majority still use 30-year-old networking protocols…

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Merger mania means ATMs must look 'brand new'

by

July 12, 2004

Fleet and Bank of America. Chase and Bank One. Merger mania is a fact of life in the banking industry.

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Free ATM access boosts payroll cards' profile

July 12, 2004

Surcharge-free ATMs may help boost acceptance of payroll cards, which show a strong growth potential. Payroll administrators like to be able to give their…

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Banks offer members reciprocal access in Malaysia, Indonesia

July 12, 2004

MALAYSIA - Electronic Payment System Sdn Bhd (MEPS) has teamed up with PT Artajasa, its Indonesian counterpart, to provide cross-border automated teller…

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Financial services help c-store chains increase profits in Japan

July 12, 2004

Japan's two largest convenience store chains, Seven-Eleven Japan Co. and Lawson Inc., reported profit gains for the three months ended May 31 aided by the…

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Chinese bank orders Wincor Nixdorf ATMs

July 12, 2004

PEKING, China - Agriculture Bank of China, one of the four largest state-owned commercial banks in China, has awarded Wincor Nixdorf an order for up to 50…

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Antolini, convicted in Tri-State case, gets 7 years for bank fraud

July 12, 2004

TRENTON, N.J. - The only defendant to go to trial in what authorities called the biggest bank fraud in New Jersey history was sentenced to seven years in…

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BofA to create credit card giant with purchase of National Processing

July 12, 2004

CHARLOTTE, N.C. - Bank of America has signed a definitive agreement to purchase all outstanding shares of National Processing Inc. (NYSE: NAP) for $1.4 billion…

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Credit Union is first in U.S. to use NCR's image-based deposit technology

July 11, 2004

DAYTON, Ohio - Illinois-based Baxter Credit Union is among the first credit unions in the U.S. to utilize NCR Corporation's (NYSE: NCR) imaged-based "No…

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Case Study: Wachovia Bank

July 11, 2004

Wachovia Bank, the fourth largest banking company in the U.S., needed a system that would work to minimize holdings and expenses, yet provide 100% availability…

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Australia's Cashcard recommends replacing ATM interchange with direct charging model

July 8, 2004

SYDNEY - Payment services provider and ATM operator Cashcard Australia Ltd has recommended the Reserve Bank of Australia (RBA) consider reducing ATM fees as…

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