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China rolls out national payment system; set to be operational by 2005

March 26, 2002

BEIJING -- China's bank card industry will take a giant leap forward following March 26's announcement that a unified national payment system is to be…

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Morphis introduces management software targeted to small ISOs

March 25, 2002

DALLAS -- Morphis, Inc. has released ATManager - Small Business Edition, an ATM and cash management software system designed for ATM networks that don't…

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Commentary: Breaking down the break-even

by Peter Kulik — -, Fifth Third Bank Processing

March 25, 2002

Break-even is the magic ATM transaction number at which revenue covers all expenses and begins to generate income. Not surprisingly, according to a study by…

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Two banks switch ATM driving to NYCE

March 25, 2002

WOODCLIFF LAKE, NEW JERSEY -- Two New York State financial institutions -- Canandaigua National Bank and Trust and SBU Bank -- have chosen NYCE Corporation as…

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Big post-ibilities in UK for Hanco

March 24, 2002

Hanco ATM Systems Ltd., owned by veteran deployer Tom Hannon, has earned its biggest contract to date with a deal to install ATMs at Post Office branches…

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Who's who: Richard Speer

March 24, 2002

While his crystal ball failed him in the early '70s when he predicted that most banking transactions would be electronic within 10 years, Richard Speer has…

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Nomad Software CEO joins ATMIA Europe board

March 24, 2002

LONDON -- James Stevenson, chief executive officer of Nomad Software, has joined the board of ATMIA (ATM Industry Association) Europe.

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De La Rue buys Papelaco's bank automation business

March 24, 2002

LONDON -- De La Rue Cash Systems, a major supplier of cash dispensing mechanisms to the ATM industry, is getting into the ATM manufacturing business with its…

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Amex cardholders can use UAE ATMs

March 24, 2002

DUBAI, UAE -- American Express says it has reached an agreement with the UAE Central Bank that will allow its cardholders to conduct cash transactions at all…

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India's UTI Bank adding off-site ATMs

March 24, 2002

BANGALORE, India -- Private sector UTI Bank is in the midst of a plan to add more off-site ATMs, with a target of 500 ATMs all over India by year's end from…

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Is the surcharge ban really dead?

Even though Sen. Alfonse D'Amato's ATM access fee ban amendment was killed in last week's vote, some experts think it's not completely dead yet. by Tom Harper…

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New UTM device eases ATM card use on Internet

March 21, 2002

SEATTLE, Wash. -- By Christmas, ATM cardholders may find their holiday payment options open up with the new UTM Machine.Introduced recently by UTM Systems…

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Net.B@nk joins Armed Forces Financial Network

March 21, 2002

Net.B@nk recently joined the Armed Forces Financial Network (AFFN) to provide financial services to U.S. military personnel around the world.Members of…

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Diebold, QI sign SmartKit agreement

March 21, 2002

Diebold has signed an agreement that could lead to the assimilation of QI's SmartKit cash card reader into Diebold's systems to allow for open card…

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ACS to provide ATM processing for American Express

March 21, 2002

NEW YORK -- In its overall scheme to beef up its ATM program, American Express has signed a 5-year agreement with Affiliated Computer Services (ACS). to…

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Diebold predicts ATM boom in India

March 21, 2002

BOMBAY, India -- The ATM market in India should escalate over the next five years, a top official of U.S. ATM maker Diebold predicted during a news…

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ICL launches CardStore for Fujitsu ATMs in Mexico

March 21, 2002

SAN DIEGO-- ICL, an international supplier of IT systems and services, has introduced its CardStore application to be used in the Fujitsu Series 7000 ATM…

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Taiwan Cooperative joins Maestro network

March 21, 2002

Taiwan Cooperative Bank has joined MasterCard International's Maestro network, with inter-bank transactions slated to begin in July. Taiwan Cooperative Bank is…

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Provident Bank to expand ATMs at Shoppers Food

March 21, 2002

BALTIMORE, Md. -- Provident Bank will open 16 full-service in-store branches, 38 ATMs, and install three video kiosk banking units in Shoppers Food Warehouse…

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FMI develops radio frequency card

March 21, 2002

FMI Microelectronics, a subsidiary of Sat Con Technology, has developed a low-cost version of a radio frequency identification card (RFID) which FMI expects to…

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