Sovereign's accessibility plan includes "talking" ATMs

November 21, 2002

BOSTON -- Sovereign Bank is the latest financial institution to announce a plan to install talking ATMs. In addition to installing the ATMs, Sovereign intends…

Concord board approves buyback of more shares for 2nd time in a month

November 21, 2002

MEMPHIS, Tenn. -- For the second time this month, Concord EFS, Inc. (NYSE: CE), says that its Board of Directors has approved the repurchase of additional…

Avendra taps Innovus as preferred ATM supplier

November 21, 2002

NEW ORLEANS -- Avendra, LLC, a leading procurement services company for the hospitality industry which serves nearly 4,000 hotel, resort and golf club…

Youth Jam brings life-changing experience to 3,000

November 21, 2002

AKRON, Ohio -- Amid the stage lights, smoke machine and thumping bass, lives were changed.

More networks finalizing Triple DES deadlines

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November 21, 2002

After some fits and starts, most leading electronic funds transfer networks -- including Star and NYCE -- are finalizing deadlines for ATM vendors, deployers…

ISO expansion in the UK

November 20, 2002

When Tom Hannon founded Hanco ATM Systems, one of the British Isle's first ISOs, in the summer of 2000, the ATM veteran said he intended to use the UK as a…

ATMs expected to be key part of Singapore's new trade agreement

November 20, 2002

SINGAPORE -- American banks will gain greater access to Singapore's retail banking sector under the terms of the Free Trade Agreement (FTA) thrashed out this…

Xstream advertising reaches out to ISOs

November 20, 2002

OXNARD, Calif. -- William Loeb, formally director of sales and marketing of BankCard Services and manager of promotions and marketing for ATM Global, has…

NCR to lay off 1,500 employees

November 19, 2002

DAYTON, Ohio -- NCR Corp. informed its employees on Nov. 19 that it will cut 1,500 positions globally, including 200 in Dayton, according to a report in the…

More Indian banks agree to share ATMs

November 19, 2002

MUMBAI, India -- UTI Bank and Karur Vysya Bank have signed a memorandum of understanding for sharing ATMs in India, the third such arrangement by the former…

Annual card fee to help cover cost of chip upgrade in Malaysia

November 19, 2002

KUALA LUMPUR, Malaysia -- The Malaysian Electronic Payment System Sdn Bhd (MEPS) said the 8 ringgits annual fee (about $2.10 U.S.) charged for its new…

7-Eleven hopes to drive Vcom revenues with auto insurance

November 18, 2002

DALLAS -- 7-Eleven, Inc. (NYSE: SE) has formed a five-year strategic alliance with Public Access Insurance, a company that promotes and sells automobile…

New Gasper software includes cash monitoring

November 18, 2002

DAYTON, Ohio -- Gasper Corporation has introduced Vantage 6, the latest version of its Vantage ATM management/monitoring software. New features include…

Fiserv to buy EDS' CNS unit for $320 million cash

November 17, 2002

BROOKFIELD, Wis. & PLANO, Texas -- Fiserv, Inc. (Nasdaq: FISV) and EDS Corp. (NYSE: EDS) today announced a definitive agreement under which it will acquire…

ATMIA recognizes outstanding achievements, elects new board members at Summit

November 17, 2002

SAN DIEGO, Calif. -- The ATM Industry Association (ATMIA) honored several companies and individuals at its ATM Awards Banquet, the association's first, which…

Australian authorities arrest Malaysian national in ATM case

November 17, 2002

SYDNEY -- A Malaysian national, 28-year-old Kok Meng Ng, was forced to surrender his passport in Parramatta Local Court on Nov. 18 after being arrested by…

CIBC shuts down U.S. supermarket banking

November 17, 2002

TORONTO -- Canadian Imperial Bank of Commerce (CIBC) says it is closing its U.S. electronic banking operations, CIBC National Bank and Amicus FSB, subject to…

iliad Solutions releases ASSET 4.0 transaction test suite

November 14, 2002

LEEDS, United Kingdom -- iliad Solutions has announced that ASSET 4.0, its lastest transaction simulation suite  is now available.

NYCE, PayCast to offer real-time money transfers

November 14, 2002

WOODCLIFF LAKE, N.J. AND HOUSTON -- NYCE Corporation announced it will offer real-time money transfers to its 2,200 financial-institution members via a…

Bank One implements NCR ImageMark archiving

November 14, 2002

COLUMBUS, Ohio -- Bank One Corporation (NYSE: ONE) and NCR Corporation (NYSE: NCR) have implemented NCR's ImageMark Enterprise Transaction Archive as the…