Vault Cash and Cash Management

October 31, 2002

Running an effiicent and profitable ATM operation requires an understanding of the way cash gets from bank to ATM to cardholder. There are plenty of steps, and…

Off-premise ATMs: Look beyond the bottom line

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October 31, 2002

Ken Karant urges financial institutions with off-premise ATMs to consider the value of their network, not just its profitability. According to Karant, value…

EFTA to honor former Cash Station CEO Cole during RDS

October 31, 2002

HERNDON, Va. -- Stephen Cole, longtime president and chief executive of Cash Station, Inc., the largest electronic banking company in the Midwest from 198…

Euronet's loss narrows in 3Q

October 31, 2002

LEAWOOD, Kan. -- Euronet Worldwide Inc. reported a third-quarter loss of $2.51 million compared with a loss of $5.41 million during 2001's third quarter.

Canadian police sting nets ATM thieves

October 31, 2002

BRAMPTON, Ontario -- Police arrested three armed men, allegedly planning to ambush armored car guards refilling ATMs, in an Oct. 29 sting operation, according…

BofA giving up on Calif. computer conversion -- for now

October 31, 2002

CHARLOTTE, N.C. -- Fearing glitches that could irritate customers, Bank of America is abandoning efforts to convert its California computer system to the one…

Costs squeeze armored carriers

While it may be impossible to determine just how much emotional damage was done to our national psyche by the events of Sept. 11, the economic aftereffects of…

Standard Chartered is 1st bank to collect ATM fees in Uganda

October 30, 2002

UGANDA -- Standard Chartered Bank has become the first financial institution in Uganda to charge customers for ATM services, according to a report on…

Malaysian bank to spend $10M on ATM upgrade to accept chip cards

October 30, 2002

KUALA LUMPUR, Malaysia -- Bumiputra-Commerce Bhd (BCB) has allocated 40 million Malaysian ringgits (about $10.5 million U.S.) to upgrade its ATM system and…

NCR hopes new HARP concept plays well with ATM world

October 30, 2002

TORONTO -- NCR Corporation unveiled another prototype ATM from its Room 504 research laboratory at Canada's eBusiness Intelligence Symposium 2002. The ATM…

Fujitsu, KAL collaborate on open-standards software

October 30, 2002

TOKYO -- ATM manufacturer Fujitsu Limited and middleware developer KAL are jointly developing ATM banking software based on the new IFX protocol. The solution…

Euronet appoints new CFO

October 29, 2002

LEAWOOD, Kansas -- Euronet Worldwide (Nasdaq: EEFT), has named Rick L. Weller as executive vice president and chief financial officer (CFO).

Moneybox to install ATMs at McDonald's in Holland

October 29, 2002

UTRECHT, the Netherlands -- Following an initial six month pilot at four McDonald's restaurants, Moneybox Nederlands has secured a contract with McDonald's to…

Concord EFS moves to NYSE

October 29, 2002

MEMPHIS, Tenn. -- Transaction processor Concord EFS, Inc. (NASDAQ: CEFT) says that it will transfer its stock listing from the tech-heavy Nasdaq Composite…

Harris Bank to pilot Metavante EFT Data Mart; tool is used for transaction analysis

October 29, 2002

MILWAUKEE, Wis. -- Harris Bank, a $28 billion Chicago-based community bank, will pilot the new Metavante Electronic Funds Transfer (EFT) Data Mart, an online…

Early adopters share tech triumphs, travails

October 29, 2002

Audio-enabled ATMs, wireless telecommunications and Web applications were covered in several tech-oriented presentations at the recent ATM & Debit Forum in…

BofA's audio ATMs hablan Espanol

October 28, 2002

CHARLOTTE, N.C. -- Bank of America says it has installed more than 300 bilingual audio-enabled ATMs in Florida, as part of its previously announced plan to…

CO-OP Network intros online ATM monitoring system

October 28, 2002

ONTARIO, Calif. -- To help its member credit unions maintain and monitor their ATM fleets, CO-OP Network is introducing the ATM Device Inquiry system, an…

Concord's 3Q earnings up; company warns of slowdown

October 28, 2002

MEMPHIS, Tenn. -- Transaction processor Concord EFS Inc. (NasdaqNM:CEFT - News) said its quarterly earnings rose as transactions -- especially PIN-secured…

Detroit cop moonlights as ATM thief

October 28, 2002

DETROIT -- Fresh out of the police academy and assigned to the 9th (Gratiot) Precinct, 30-year-old Marcus Franklin could not resist moonlighting as a thief…