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News & Media

Govt. clears BofA, Fleet merger

March 9, 2004

WASHINGTON - The Federal Reserve has cleared the way for Bank of America and FleetBoston Financial Corp. to combine and form a banking powerhouse with nearly…

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Wincor World '04 closes with record

March 8, 2004

Some 7,700 visitors from 50 countries attended the recent technology showcase, showing why the world looks to Paderborn, Germany, during the annual event.

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Some FIs moved by ATMs

March 8, 2004

A rolling ATM gathers customers. At least that's been the experience of some financial institutions that have added mobile machines to their ATM programs.

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BT, Travelex testing ATM/payphone combos in UK

March 8, 2004

LONDON - The payphone, which has suffered in recent years because of the ubiquity of mobile phones, may be getting a new lease of life through a joint venture…

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Former ATM company employee charged in tampering scam

March 8, 2004

NEW YORK - A Bronx man stole almost $17,000 by rigging ATMs to spit out four times the amount they registered, according to a report in the New York Post.

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McD's manager pleads guilty to embezzling from ATM

March 8, 2004

MINNEAPOLIS, Minn. - A Bloomington man pleaded guilty on March 8 to embezzling more than $200,000 from an ATM at the McDonald's restaurant he managed in his…

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TRM earnings up in '03

March 8, 2004

PORTLAND, Ore. - TRM Corporation (Nasdaq: TRMM) reported fourth quarter net income of $2 million, or 26 cents per share, compared to a net loss of $3.…

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News of the weird: Unlucky in ATM crime

March 8, 2004

Because our annual wrap-up of weird ATM-related stories has proven so popular, we've decided to make it a regular feature. Here's the first installment of 2004.

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S. Korean banks increasing ATM fees

March 7, 2004

SEOUL, South Korea - Because regulators are not empowered to limit the ceiling on ATM access charges, several large commercial banks have hiked the fees over…

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Fiserv venture in outsourcing deal with National Bank of Canada

March 7, 2004

MONTREAL - The National Bank of Canada has signed a 10-year outsourcing deal valued at $368 million with a joint venture between Brookfield Wis.-based Fiserv…

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Ram raid ATM thefts in Ill. appear to be linked

March 7, 2004

GALESBURG, Ill. - Authorities in central and west-central Illinois believe that a spate of ATM recent thefts are related.

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Chicago suburb's govt. to get cut of ATM fees

March 4, 2004

ELMHURST, Ill. - Under an agreement approved this week, Elmhurst's city government will benefit every time someone uses an ATM at the Metra train platform in…

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ATM skimming scam spreading across Wales

March 4, 2004

WALES - Police have warned that an ATM skimming scam is spreading across Wales.

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Singapore EFT network to reward cardholders for debit purchases

March 4, 2004

SINGAPORE - Nets, the Network for Electronic Transfers Singapore, plans to award points to cardholders who use their Nets ATM cards or CashCards to pay for…

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UK's Nationwide selects KAL for multi-channel software initiative

March 3, 2004

EDINBURGH, United Kingdom - KAL has been selected to supply multi-channel, multi-vendor software for Nationwide Building Society's 2,300 ATMs and 6,000 branch…

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Genpass, Payroll 1 partner on payroll card program

March 3, 2004

IRVING, Texas - Genpass, manager of the MoneyPass surcharge-free ATM network and a provider of PayCard payroll debit cards, and payroll processing company…

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NCR opens ATM manufacturing plant in Brazil

March 3, 2004

SAO PAULO, Brazil - NCR Corporation (NYSE:NCR) has opened an ATM manufacturing and engineering facility in Sao Paulo, Brazil.

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Seen and heard at 'ATMs in the Americas'

March 2, 2004

Activism was the order of the day at 'ATMs in the Americas,' the ATM Industry Association's conference in Tampa, Fla., earlier this week.

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In the (ATM) driver's seat

Financial institutions evaluating whether they want to drive their own ATMs or outsource the function to a third party tend to focus on cost and control. A…

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UK's Post Office using IP for banking transactions

March 2, 2004

LONDON - The UK's Post Office will use IP-based technology to encrypt basic banking transactions at more than 16,500 postal branches.

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