Delayed decisions on Triple DES

April 3, 2003

Despite MasterCard's pending April 2005 deadline for Triple DES encryption on ATMs, manufacturers have not yet seen a major increase in orders. Various market…

Atmos to provide ATM processing for new UK independent

April 2, 2003

LONDON -- Atmos, the UK's largest provider of outsourced ATM and card services, has signed a contract with Omnicash Ltd, the latest entrant to the UK's…

Argentine bank doubling ATM network

April 2, 2003

ARGENTINA -- Argentine bank Banco Itau Buen Ayre plans to add more than 100 ATMs to its network of 325 machines during the next 12-18 months, according to a…

EFT megamerger may impact ATM fees

April 2, 2003

NEW YORK -- Soon after confirmation came that Greenwood Village, Colo.-based First Data Corp., the world's biggest credit card processor and owner of Western…

Innobeta processes five millionth ATM transaction

April 2, 2003

SOUTH HACKENSACK, N.J. -- Innobeta Systems, Inc., says that it recently processed its five millionth ATM transaction, just nine months after going live on June…

ATM company gets new name, direction

April 1, 2003

Not all ISOs are trying to grow through consolidation. Financial Technologies, newly renamed FTI, is adding a new terminal and several new transactions to its…

No joke -- Visa, MasterCard going to trial on antitrust charges

April 1, 2003

NEW YORK -- A New York judge on April 1 denied a motion by Visa and MasterCard seeking to throw out the antitrust lawsuit brought by Wal-Mart Stores Inc.

First Data, Concord reach terms for acquisition

April 1, 2003

NEW YORK -- As expected, First Data Corp. (NYSE: FDC) and Concord EFS, Inc. (NYSE: CE) say they will merge in an all-stock transaction valued at approximately…

New network offering surcharge-free ATM access

April 1, 2003

WASHINGTON -- Pentagon Federal Credit Union, the nation's third largest credit union with $5 billion in assets and 500,000 members, has become one of the first…

U.S. Bank installs 1st Diebold Opteva ATM

April 1, 2003

NORTH CANTON, Ohio -- U.S. Bank has installed the first live unit of Diebold's (NYSE: DBD) first new ATM model in 15 years, which the manufacturer introduced…

Processor caps year of growth in Canadian ATM market

March 31, 2003

TORONTO -- Transaction processor TNS Smart Network Inc. says that it now provides processing for 5,000 ATMs in Canada.

NY Times: Concord deal close, First Data the buyer

March 31, 2003

MEMPHIS, Tenn. -- First Data Corporation is close to acquiring Concord EFS Inc., according to a New York Times report.

e-ClassicSystems promotes Miniutti to SVP

March 31, 2003

NORWOOD, Mass. -- e-ClassicSystems, Inc., developer of the ATM Manager Pro ATM management software, has appointed Paul Miniutti senior vice president of the…

Canadian ATM operator/processor Datawest reports profitable 4Q

March 31, 2003

VANCOUVER, British Columbia -- Datawest Solutions Inc. (TSX: DS), a Canadian transaction processor and ATM operator, reported net income of $4.2 million (about…

BANQIT to supply ATMs to leading Swedish bank

March 30, 2003

STOCKHOLM -- SEB, a leading commercial bank with 670 branches in Sweden, Germany and the Baltic states, has signed an agreement with Swedish ATM manufacturer…

New Barclays ATMs are easy on the eyes

March 30, 2003

LONDON -- Barclays says it is installing nearly 2,000 ATMs with sunlight-readable monitors after customers complained about not being able to read ATM screens…

Another BofA vet in key ATM role at eFunds

March 30, 2003

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS), has hired David McCrary as its vice president of national sales for its ATM Solutions business line.

Evidence suppressed in S. African case; Diner's Club alleges businessman part of ATM scam

March 30, 2003

DURBAN, South Africa -- International academics are outraged about a court order preventing the media or any witnesses from publicly exposing the computerized…

Former cops face charges in La. ATM thefts

March 27, 2003

SHREVEPORT, La. -- Two former policemen were indicted on March 27 on charges that they plotted to steal money from ATMs.

Networks increase oversight of sponsor banks

Picture the ATM business as a high school prom. ISOs are the teenagers that make much of the activity happen. EFT networks are the high school principals who…