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News & Media

Zimbabwe ATMs to go solar

August 14, 2012

In an effort to combat ATM outages caused by frequent power interruptions, Barclays Bank Zimbabwe is investigating the use of solar cells to power its ATMs.

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NCR investigating alleged FCPA violations

August 14, 2012

NCR Corp. is looking into claims by an anonymous tipster that employees in China and the Middle East were involved in actions that may violate provisions of…

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Study: On average, CUs charge 13% less in foreign-card ATM fees than banks do

August 14, 2012

Thirty percent of America's 50 largest credit unions charge members no ATM fees outside the network or provide at least one free withdrawal per week before a…

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What's up with fee placard reform?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With Congress in recess until September 6, not much. And after that ... ?

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NCUA says VTMs can sub for FCU service facilities

August 13, 2012

The National Credit Union Administration has said that video teller ATMs may be used as a substitute for branch facilities in certain cases.

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Study: Prepaid cards mostly used short-term

August 13, 2012

A study by the Federal Reserve Bank of Philadelphia has found that consumers generally use a prepaid card for no more than six months, indicating that such…

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Vietnam's small banks not paying their share for ATMs, major banks say

August 13, 2012

Last week, Vietnam's central bank announced that it would allow banks to begin charging fees on internal ATM transactions starting in 2013. But the country's…

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India's poorest can now get ATM cards

August 13, 2012

A directive from India's central bank means that FIs must offer ATM-enabled accounts with no minimum balance requirements to the country's poorest citizens.

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India Post taps Infosys for financial services integration project

August 13, 2012

Consulting and technology provider Infosys announced that it has been selected by the government of India's Department of Post, Ministry of Communications and…

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GRG to host GCE conference in September

August 10, 2012

GRGBanking will host its 7th Global Customer Exchange at the company's Guangzhou, China, headquarters from September 24–28. The annual event aims to strengthen…

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China's UnionPay issues more than half of all new payment cards

August 9, 2012

In 2011, the number of payment cards worldwide rose 12 percent to 8.9 billion. More than half of this increase was attributable to growth in China, where card…

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Cashless at the Olympics

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

By forcing a point, Visa ends up making the case for cash.

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Federal court dismisses fee placard suit

August 9, 2012

A federal court in New York has dismissed a fee placard law suit described as "cookie cutter."

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Fiserv Aperio named 'best in class' in 3 categories

August 9, 2012

Fiserv Inc. today announced that its Aperio software solution has been named in the CEB TowerGroup branch sales and service systems technology analysis as best…

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Vietnam bank introduces fingerprint-enabled debit cards

August 9, 2012

Temenos, a provider of banking software, has announced the launch of Vietnam's first fingerprint-enabled debit card. Mekong Development Bank has implemented…

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Chexar completes acquisition of Clear Payments

August 9, 2012

Chexar Networks Inc., a provider of technology solutions for converting paper checks into good funds, has announced completion of its acquisition of Clear…

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Indian IAD aims to raise up to $36 million for new installations

August 9, 2012

Indian IAD Accura Infotech Pvt. Ltd. is looking to raise funds that will allow it to install and operate ATMs across the state of Uttar Pradesh, per a contract…

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Global Cash Access announces online gaming alliance

August 8, 2012

Las Vegas-based IAD and transaction processor Global Cash Access Holdings Inc. is betting it can make a bundle on Internet gambling. On Tuesday, the company…

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Cardtronics acquires ATM Network assets

August 8, 2012

Cardtronics Inc. today announced that its wholly owned subsidiary, Cardtronics USA Inc., has acquired the assets of ATM Network Inc., including its merchant…

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Vietnam state bank to allow ATM fees

August 8, 2012

A policy change by the State Bank of Vietnam means that, for the first time, commercial banks and financial institutions will be permitted to collect fees on…

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