Australia waits for interchange reform

June 20, 2002

The topic of ATM interchange is a hot one Down Under, as evidenced by a panel discussion at the recent Pacific ATMs conference sponsored by the ATM Industry…

NCR to broadcast regulatory discussion on the Web

June 20, 2002

WASHINGTON -- NCR will broadcast a live discussion, "Banking on the Check Truncation Act and Other Regulatory Changes," over the Internet on Tuesday, June 2…

Loss increases at Universal Money in 1Q

June 20, 2002

MISSION, Kan. -- ISO Universal Money reported a net loss of $134,674 on revenues of $1.96 million for the first quarter ended April 30, 2002, compared to…

Cash Technologies subsidiary to market ATM check cashing app

June 19, 2002

LOS ANGELES -- Cash Technologies Inc. (AMEX: TQ) has formed a subsidiary called CT Holdings to develop, market and implement banking applications, with its…

NCR, ACI work together to advance IFX

June 19, 2002

DAYTON, Ohio and OMAHA, Neb. - Transaction software provider ACI Worldwide (Nasdaq: TSAI) and NCR (NYSE: NCR) have announced they will work together to drive…

Mexican banks forge ahead with ATM networks

The business-friendly government of Mexican President Vicente Fox is helping to generate a massive influx of foreign investment for America's border neighbor…

Explosion at ATM injures four in Japan

June 18, 2002

OSAKA, Japan -- Four people were injured, one critically, in an explosion at a bank of ATMs inside a building in downtown Osaka, Japan, on June 18. Police are…

Global Axcess turns to investment banker

June 18, 2002

PONTE VEDRA BEACH, Fla. -- Global Axcess Corporation (OTC Bulletin Board: GLXS) announced on June 19 that it has retained New Jersey-based securities…

Euronet expands recharge reach in Hungary

June 18, 2002

BUDAPEST, Hungary, and LEAWOOD, Kan. - Electronic financial transaction solution provider Euronet Worldwide Inc. (NASDAQ: EEFT) has reached an agreement with…

Mosaic to install Postilion software in Bank Leumi ATMs

June 17, 2002

LONDON -- Mosaic Software and Bank Leumi will partner to replace the bank's ATM driving and switching software with Mosaic's Postilion product.

South Korea to allow ATM transactions on Saturdays

June 17, 2002

SEOUL, South Korea - Bank customers in South Korea will have weekend banking options starting July 1, when financial institutions in the country will be…

Malaysian thieves siphon money from accounts

June 17, 2002

PETALING JAYA, Malaysia - Thieves using fake ATM cards and access to computer accounts stole RM100,000 ($26,000) from customers at four Malaysian banks the…

Mizuho hands out corporate punishments over ATM problems

June 17, 2002

TOKYO - Mizuho Financial Group, which suffered a series of crippling computer problems in April when the organization was created by the merger of Dai-Ichi…

Wincor joins IFX Forum, to work on ATM, POS issues

June 17, 2002

AUSTIN, Texas -- ATM solutions provider Wincor Nixdorf Inc. has joined the Interactive Financial eXchange Forum (IFX), an organization dedicated to creating a…

Canada to collect 7 percent excise tax on interchange

June 16, 2002

TORONTO -- The Canada Customs and Revenue Agency will begin levying a GST (excise tax) of 7 percent on interchange, effective July 1.

Gasper promotes Davison to president

June 16, 2002

DAYTON, Ohio -- Gasper Corporation has appointed Jeff Davison the company's new president.

Fed report says ATM fees rose 4.8% in '01

June 16, 2002

WASHINGTON -- The average ATM fee rose in 2001, according to a Federal Reserve report released on June 14.

McNamara becomes chairman at Moneybox

June 16, 2002

LONDON -- Moneybox announced June 17 that Peter McNamara has been appointed its new chairman. He will serve alongside the company's chief executive officer…

Reliance Infocom wants share of India's ATM market

June 13, 2002

MUMBAI, India -- Broadband provider Reliance Infocom is planning to enter India's rapidly growing ATM marketplace.

Largest ISOs grab larger share of ATMs

June 12, 2002

The number of ATMs managed by the industry's 10 largest independent sales organizations (ISOs) grew last year by 16 percent, according to ATM&Debit News.