News & Media
Fiserv reports strong 1Q '03 earnings
April 22, 2003
BROOKFIELD, Wis. -- Fiserv, Inc. (Nasdaq: FISV) reported record revenues of $624.8 million for the first quarter of 2003, up 11 percent over $560.7 million in…
read now3 men arrested in Moscow skimming case
April 22, 2003
MOSCOW -- Moscow investigators have arrested three men who they claim stole $700,000 from bank accounts in what officials believe to be the biggest card fraud…
read nowMosaic Software adds 27 new customers
April 22, 2003
DEERFIELD BEACH, Fla. -- Mosaic Software, a provider of transaction processing software, announced the addition of 27 new customers at the inaugural meeting of…
read nowGroup of Kenyan banks sharing ATMs
April 21, 2003
KENYA -- Small and medium-sized banks in Kenya are launching shared ATM services, according to the Financial Standard.
read nowSurvey finds bank customers like idea of ATM receipt with check image
April 20, 2003
DAYTON, Ohio -- More than half of U.S. consumers with bank accounts would be more likely to make a deposit at an ATM if their bank provided an ATM receipt with…
read nowMalaysia processing 23,000 applications a day for chip-based ID card
April 20, 2003
PETALING JAYA, Malaysia -- Malaysia's National Registration Department (NRD) is processing an average of 23,000 applications a day for the MyKad, the new…
read nowWho's who: Keith Taylor
April 17, 2003
Keith Taylor is the only executive at NCR, and maybe in the ATM industry, with a $99 neon hot dog hanging on his office wall. Like most objects in Taylor's…
read nowCourt order prevents student from disclosing method of hacking into campus card system
April 17, 2003
ATLANTA -- Fifteen minutes before he was to lecture on security flaws in a debit card system used on 223 college campuses, 22-year-old Billy Hoffman learned a…
read nowQualtex gets patent approval, certification for WeatherMaster ATM
April 17, 2003
CHICAGO -- Qualtex Corporation says that a patent has been approved on the design of its WeatherMaster ATM (US D472, 362 S), a through-the-wall machine it…
read nowIndia's ICICI Bank investigating rumor that triggered ATM rush
April 17, 2003
MUMBAI, India -- ICICI Bank has appointed a one-man inquiry committee, headed by former chief justice of India P N Bhagwati, to investigate the run on the…
read nowInnobeta converts Money Marketing ATMs
April 16, 2003
SOUTH HACKENSACK, N.J. -- Transaction processor Innobeta Systems, Inc. has converted nearly 2,000 ATMs under contract with ISO Money Marketing, Inc. to the…
read nowFirst American Payment Systems gets equity funding
April 16, 2003
FORT WORTH, Texas -- First American Payment Systems, L.P., a merchant credit card processing acquirer that also has ATM deployment and leasing divisions, has…
read nowMass. residents nicked for $50,000 by ATM skimming ring
April 16, 2003
NEEDHAM, Mass. -- At least 15 Needham residents lost an estimated total of $50,000 in fraudulent Fleet Bank ATM withdrawals earlier this month, according to a…
read nowCanadian ATM company takes new name
April 15, 2003
TORONTO -- Threshold Electronics Limited, a provider of ATM services and transaction processing, has taken a new name, Threshold Financial Technologies Inc.
read nowMore of India's state-run banks to share ATMs
April 15, 2003
MUMBAI, India -- More state-run banks are moving to enter the world of the shared online ATM network, with Bank of Maharashtra (BoM), Dena Bank, Oriental Bank…
read nowConsumers increasingly unhappy with how banks handle unauthorized ATM transactions
April 15, 2003
LOS ANGELES -- There appears to be a growing friction between banks and customers claiming losses, as crooks use increasingly innovative tactics to appropriate…
read nowFirst Data takes go-slow approach to Concord merger
April 14, 2003
DENVER -- First Data, which has signed an agreement to purchase Concord EFS for $6.77 billion, is taking a cautious approach to the acquisition, which would…
read nowTexas company targets transaction processing in Mexico with proprietary wireless telecoms
April 14, 2003
SAN ANTONIO, Texas -- Wireless Access Inc., which deploys wireless networks in areas that do not have an adequate landline telecommunications infrastructure to…
read nowIn Thailand, ATM transactions grow as branches shrink
April 14, 2003
BANGKOK, Thailand -- During the past several years, the number of bank micro-branches, located in shopping centers, supermarkets, schools and even in hotels…
read nowWith ICBC move, China's 'Big 4' banks all collecting foreign ATM fees
April 14, 2003
SHANGHAI, China -- The Industrial and Commercial Bank of China (ICBC)'s move to charge its cardholders two yuan (about 24 cents) for each ATM withdrawal from a…
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