eFunds makes more exec appointments

February 17, 2003

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS) has made two more executive appointments, naming Thomas Liston as its chief financial officer and Robert…

Concord lowers earnings estimates for 2003

February 17, 2003

MEMPHIS, Tenn. -- Transaction processor Concord EFS Inc. (NYSE:CE - News), said its earnings per share rose slightly in 2002's fourth quarter, but warned it…

Prompted by ATM scams, Australia considering anti-skimming laws

February 16, 2003

SYDNEY -- Australian police are considering laws to crack down on thieves who use credit card technology to steal from ATMs.

UK's Office of Fair Trading investigation likely to lead to reduction in ATM interchange

February 16, 2003

LONDON -- The UK's Office of Fair Trading has launched an investigation into interchange rates for ATMs due to concerns the system is anti-competitive.

ACI parent wants to put 'trying time' behind it with restated earnings

February 16, 2003

OMAHA, Neb. -- Transaction Systems Architects of Omaha, parent of ACI Worldwide, on Feb. 13 reported that first-quarter 2003 profits rose 24 percent to $…

EDS automates ATM transaction balancing

February 16, 2003

PLANO, Texas -- EDS says that it has automated the daily credit union process for balancing debit card and ATM network transaction totals -- transforming what…

Two women sentenced in Canadian ATM fraud

February 13, 2003

TORONTO -- Two women who participated in a $1.2 million fraud (about $790,464 U.S.) that a judge has called the "most significant attack on the ATM network in…

ATM suspects caught redhanded at blue movie store

February 13, 2003

TORONTO -- A theft attempt on an armored truck ended in a standoff at a nearby adult video store where the two suspects had sought refuge.

StanChart to add ATMs, branches in India

February 13, 2003

MUMBAI, India -- Standard Chartered, India's largest foreign bank, says it will expand its distribution network and branch footprint across India, with the…

Navy Federal CU adds its ATMs to Co-Op Network

February 13, 2003

ONTARIO, Calif. -- Navy Federal Credit Union, the largest credit union in the world with more than 2 million members and $17 billion in assets, has joined the…

Diebold to resell satellite broadband service

February 12, 2003

PETAH TIKVA, Israel -- Diebold, Incorporated (NYSE:DBD) has contracted with Spacenet Inc., the U.S. subsidiary of Israel's Gilat Satellite Networks Ltd.

Japanese authorities question banks' decisions to add ATM fees

February 12, 2003

TOKYO -- Japan's Fair Trade Commission is investigating recent decisions by major commercial banks to impose fees for Saturday transactions at ATMs.

Indian railway stations to get ATMs

February 12, 2003

MUMBAI, India -- India's Western Railway is introducing ATM services at 18 stations within a month, according to a report on expressindia.com.

Concord makes management changes, previews '02 earnings

February 12, 2003

MEMPHIS, Tenn. -- Transaction processor Concord EFS, Inc. (NYCE: CE), on Feb. 13 provided a preview of its fourth quarter earnings results, which are scheduled…

MasterCard intros new way of fingering card fraud

After a successful six-month beta test in Malaysia, MasterCard International is ready to roll out a new method of fraud prevention. The technology, developed…

Bank of Ireland to roll out supermarket ATMs

February 11, 2003

DUBLIN, Ireland -- Bank of Ireland (BoI) has promised to install a minimum of three extra ATMs in every county as part of its link up with Musgrave, Ireland's…

UK consultancy predicts ATMs will play role in mobile payments boom

February 11, 2003

LONDON -- Mobile payments revenues are set to grow to $20 billion in 2005 worldwide, according to a new report from ARC Group, a UK consultancy that produces…

Coinstar acquisition signals interest in prepaid

February 11, 2003

BELLEVUE, Wash. -- Signaling its intent to expand its activities in the prepaid wireless business, Coinstar Inc. (NASDAQ: CSTR) has acquired the assets of…

C-store employee charged in ATM theft

February 10, 2003

HURLEY, Mich. -- A 48-year-old Ironwood woman was arrested Feb. 4 on a charge she stole more than $121,000 from an ATM at a Hurley convenience store where she…

Colorado child support recipients can access payments at ATMs

February 10, 2003

DENVER -- In cooperation with U.S. Bank (NYSE:USB), Colorado has become the first state to disperse child support payments on a plastic card versus a paper…