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News & Media

Concord EFS completes acquisition of EPS

February 26, 2002

MEMPHIS, Tenn.-- Concord EFS, Inc. has completed the acquisition of processor Electronic Payment Services, Inc. The acquisition and plan of merger was…

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Access Cash, NCR to deploy ATMs at Sav-On and Osco stores

February 26, 2002

ST. PAUL, Minn. and DAYTON, Ohio -- Access Cash International has won a contract to deploy NCR's low-end MCD cash dispensers at more than 700 Sav-on and Osco…

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ECM opens Colorado office

February 26, 2002

SIOUX FALLS, SD -- Electronic Cash Management, LLC announced the opening of an office in Longmont, Colo. and the hiring of Jack Grace as vice president of…

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EFT expert joins Actoras Consulting

February 26, 2002

COLUMBUS, Ohio -- Electronics payment expert Del Tonguette, a 30-year veteran of the banking industry, has joined the Columbus office of Actoras Consulting…

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Mobile phones to drive smart card market

February 26, 2002

LANGPORT, U.K.-- According to SJB Research's new Smart Card report, the worldwide boom in digital mobile telephones is going to be a major driver for the smart…

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British building society, retailer in ATM deal

February 26, 2002

LONDON -- British building society Nationwide has an exclusive agreement to provide 400 cash machines for Marks and Spencer PLC, according to a report in the…

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California woman gets key to Jeep at KeyBank ATM

February 26, 2002

LOS ANGELES and CLEVELAND -- Beverly Alexander, a Corona, Calif. mother, grandmother and nursing supervisor, won a 1999 Jeep Wrangler in the KeyBank/ARCO "Key…

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IASC meeting to focus on EBT

February 26, 2002

HERNDON, Va.-- The Independent ATM Services Council (IASC) will focus on opportunities and challenges associated with Electronic Benefits Transfer (EBT…

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ATM sales slowing

February 26, 2002

The explosive growth of the ATM industry seems to have leveled off, if 1998 U.S. sales figures are any indication. According to Faulkner & Gray, total ATM…

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Deluxe, Access Cash team on American Stores deal

February 26, 2002

ST. PAUL, Minn. -- Deluxe Electronic Payment Systems, a subsidiary of Deluxe Corporation, will team with Access Cash International to provide ATM processing…

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Expert says smart card success depends on consumer benefits, transparent technology

February 26, 2002

TOKYO -- Frank S. Pierce, vice president of international marketing and business development of Hypercom Corporation, opined that "adaptive" software and…

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ATM fee disclosure added to legislation

February 26, 2002

The House Banking Committee approved a measure that would require disclosure of ATM surcharges at ATMs. Most ATM owners already voluntarily disclose such…

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Diebold buys Colombian company

February 26, 2002

BOGOTA, Colombia -- Diebold has acquired 55 percent of Richardson & Cia. Ltda., a financial technology company in Bogota which previously was a business…

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Tidel pleased with '98 growth

February 26, 2002

HOUSTON -- According to the 1998 annual report issued in Faulkner & Gray's Bank Network News, Tidel experienced the highest percentage rate of growth among…

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York Bay, ATM North form Canadian joint venture

February 26, 2002

TORONTO -- York Bay Capital Group and ATM North have agreed to form a partnership to own, lease or represent owners of ATMs to access Canada's Interac Shared…

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Firstar gets the TYME in Minnesota

February 26, 2002

MILWAUKEE -- The TYME regional EFT network is making a major move into the Minnesota market with the decision by Milwaukee-based Firstar to switch all of its…

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Japanese supermarkets, banks form ATM alliances

February 26, 2002

Arrangements between financial institutions seeking to bolster their retail banking and supermarket chains hoping to offer greater convenience to customers are…

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First Data marks record debit card volume

February 26, 2002

OMAHA, Neb. -- Over 745 million debit card transactions were processed by First Data Corporation's card services division in 1998 -- a 55 percent increase in…

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Euronet reports increased revenues

February 26, 2002

BUDAPEST, Hungary -- Euronet Services revenues grew to $11.9 million in 1998, more than double the revenues in the previous year. Revenues in the fourth…

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NCR Japan, Fuji Bank to design transfer-enabled cash dispenser

February 26, 2002

TOKYO -- NCR Japan Ltd. and Fuji Bank will develop Japan's first cash dispenser able to remit payment to billing accounts, according to the Nikkei Industrial…

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