Citizens to drop some fees, including annual ATM card charge, when it takes over Mellon branches

November 27, 2001

PITTSBURGH -- Citizens Bank of Pennsylvania plans to eliminate or reduce a number of fees and minimum balances on checking and other accounts when it takes…

Citizens to take over Mellon branches, ATMs in Great Eagle stores

November 26, 2001

PITTSBURGH -- Citizens Bank and Pittsburgh-based grocery store chain Giant Eagle, Inc. announced a long-term agreement to place 41 Citizens branches in Giant…

EU agrees on new rates for cross-border bank transactions in euro zone

November 26, 2001

BRUSSELS -- The European Union's Council of Internal Market Ministers on Nov. 26 approved a proposed regulation according to which charges for cross-border…

WEWATCH, so deployers don't have to

TBG Reliance Corporation has designed an Internet-based dispatch and tracking system called WEWATCH (Web-Enabled Work Activity Tracking Control Hub) to help…

Secret Service investigating ATM fraud ring

November 21, 2001

NEW YORK – The United States Secret Service is investigating a ring of computer-savvy thieves that has allegedly stolen thousands of dollars across New York…

NCR expands presence in China

November 20, 2001

SHANGHAI -- NCR will provide several of its Personas ATMs, plus the software and support to run them, to the Shanghai-based Bank of Communication in a deal…

Fiserv to acquire NCR's bank processing operations

November 20, 2001

BROOKFIELD, Wis. -- Fiserv and NCR have signed an asset purchase agreement to transfer NCR's bank processing operations to Fiserv.

Transoft International Holds Annual User Conference

November 20, 2001

Cary, NC (June 6, 2001) - Transoft International, Inc. the world's leading provider of currency management software, known as the OptiCa$hã Currency Management…

Currency Management: Interest rates are dropping - now what?

November 20, 2001

Raleigh-Durham, NC, USA, October 2001: Mr. Greenspan has dropped the US overnight interest rate TEN times recently, putting it below half of where it used to…

KPMG LLP and Transoft International Announce Alliance

November 20, 2001

NEW YORK, Apr. 10 - KPMG LLP, the professional services firm, and Transoft International, Inc., a producer of currency management systems, today announced a…

Stocks to watch in 2002

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Selecting companies with strong earnings potential is Kartik Mehta's stock in trade. The Midwest Research analyst has issued Buy recommendations for four…

The basics and history of transaction processing

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November 13, 2001

The customer swipes his ATM or credit card, and voila! Out comes cash! How does this marvelous thing happen? When the customer requests money at an ATM, a vast…

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How ISOs recruit, train, and motivate their independent sales representatives

Who's Who: Michael Lee

Traveling 'On the High Road' observing ATM trends around the globe is only a small part of ATM Industry Association International Director Mike Lee's mission…

Latin American ATM market on the upswing

While Latin America's ATM market has lagged behind North America and Europe for the past several years, a new report by Speer & Associates predicts strong…

Used ATMs: One man's trash, another man's cash

Retail ATMs not only seem to be as durable as the Energizer Bunny -- but they are starting to show the pink rabbit's predilection for hopping from place to…

Concord EFS earnings up again

October 29, 2001

MEMPHIS, Tenn. -- Concord EFS Inc. (NasdaqNM:CEFT - news), which runs payment-processing systems and ATM networks, said net income rose to $81.5 million, or 1…

Euronet's net loss decreases in 3rd quarter

October 28, 2001

LEAWOOD, Kan. -- Euronet Worldwide reported a net loss of $5.4 million in the third quarter ended Sept. 30, 2001, down from a net loss of $15.7 million in the…

eFunds hits revenue record in 3rd quarter

October 28, 2001

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS - news), a provider of electronic payment, risk management and related technology and business process…

ATM industry fights the Fear Factor

In the latest installment of On the High Road, ATM Industry Association International Director Mike Lee sees heartening signs that the ATM industry is moving…