News & Media
India's Prizm Payments buys Reliance POS network; ATMs could be next
by Tracy Kitten — Editor, AMC
September 29, 2009
Chennai, India-based Prizm Payments has acquired Reliance Money's POS platform, according to a news report from Reuters. The deal allows Reliance Money to…
read nowInterac, China Unionpay open ATM access to Chinese cardholders visiting Canada
by Tracy Kitten — Editor, AMC
September 28, 2009
Payment News reports that Canada's Interac Association and China Unionpay have partnered to launch a new service that gives China Unionpay cardholders the…
read nowWincor provides ProCash ATMs for BB&T
by Tracy Kitten — Editor, AMC
September 28, 2009
Wincor Nixdorf AG says it has finalized a deal with Winston-Salem, N.C.-based BB&T Corp. to provide ProCash ATMs, software and associated services for a…
read nowCanada's Threshold offers in-branch issuance of EMV cards
by Tracy Kitten — Editor, AMC
September 27, 2009
Threshold Financial Technologies Inc. has signed with United States-based Dynamic Card Solutions to offer instant issuance and PIN selection for EMV and…
read nowMobile money expected to revolutionize banking in developing world
by Tracy Kitten — Editor, AMC
September 27, 2009
The Economist reports that mobile phones have quickly become tools of economic empowerment for the world's poorest nations, overcoming infrastructural…
read nowCosta Coffee signs with i-design for ATM advertising
by Tracy Kitten — Editor, AMC
September 27, 2009
Costa Coffee in the United Kingdom has signed a deal with ATM-advertising provider i-design to advertise its handmade coffee production via ads on ATMs. …
read nowNavy Army Federal Credit Union signs with Fiserv for DataSafe account processing
by Tracy Kitten — Editor, AMC
September 27, 2009
Fiserv Inc. has announced that Navy Army Federal Credit Union in Corpus Christi, Texas, has renewed its contract for account processing with Fiserv. With…
read nowWells, Chase, B of A cut back on debit overdraft fees
by Tracy Kitten — Editor, AMC
September 24, 2009
The Philadelphia Inquirer reports that pressure from lawmakers pushed three top U.S. banks to cut back on the overdraft fees they collect when their customers…
read nowNYCE signs with Select-a-Branch to expand surcharge-free ATM access
by Tracy Kitten — Editor, AMC
September 24, 2009
NYCE Payments Network LLC has signed with Pennsylvania-based Select-A-Branch ATM Network LLC, an ATM ISO that offers a multibranding feature for banks and…
read nowGlobal survey reveals bankers fear budget cuts could open door for fraud
by Tracy Kitten — Editor, AMC
September 24, 2009
Ireland-based Norkom Technologies says bankers throughout the world expect their institutions' vulnerability to fraud to increase, as many have cut back on…
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Credit Union Services & Products Forum highlights financial future
by Tracy Kitten — Editor, AMC
Credit Union Conferences Credit Union Services & Products Forum wrapped last week in San Diego. Here are a few photographs from the event.
read nowNY Times: Outdated Fed rules hinder advantages of Check 21
by Tracy Kitten — Editor, AMC
September 23, 2009
Ron Lieber of The New York Times says banks need to step it up in the deposit-crediting space. Despite the passage of Check 21 five years ago, which allows…
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Credit Unions 2010: Reaching new members through new tech, competing in a global market
by Tracy Kitten — Editor, AMC
Gary Hess, who consults with credit unions, says the future will depend on Internet banking, mobile solutions and reaching a younger user.
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Credit Unions 2010: Gary Hess says Gen Y and mobile solutions are the future
Gary Hess, an Internet and software solutions consultant for credit unions, shares hits thoughts about the future of credit unions and their banking practices.
watch nowOnline and mobile banking growing, ATM use on decline
by Tracy Kitten — Editor, AMC
September 22, 2009
The Memphis Business Journal reports that consumers prefer to bank online and via mobile devices, according to a new American Bankers' Association survey. The…
read nowPair faces federal charges for $80-million ATM Ponzi scheme
by Tracy Kitten — Editor, AMC
September 22, 2009
Two men have been arrested for defrauding investors of $80 million in a Ponzi scheme that purported investments in ATMs. According to an article posted on…
read nowGRG intros N Series ATM line; reports revenue and net increases
by Tracy Kitten — Editor, AMC
September 22, 2009
China-based GRG Banking Equipment Co. Ltd. participated in the recently held 17th China International Exhibition on Financial Banking & Equipment 2009 in…
read nowDiebold signs Delta Community Credit Union for outsourced security services
by Tracy Kitten — Editor, AMC
September 22, 2009
North Canton, Ohio-based Diebold Inc. has announced a new outsourcing deal with Atlanta-based Delta Community Credit Union to streamline security management…
read nowFSCC launches sweepstakes to promote financial-services kiosks
September 22, 2009
Financial Service Centers Cooperative Inc. has announced the launch of its Ultimate Tailgate Sweepstakes to promote the use of its Vcom self-service kiosks at…
read nowCredit Union 24 brings in Costa Rican delegates from World Council
by Tracy Kitten — Editor, AMC
September 21, 2009
Credit Union 24, the country's largest credit union-owned ATM and POS network, is collaborating with delegates from the World Council of Credit Unions to share…
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