Economic crisis takes $50 trillion in wealth, is worst downfall since Great Depression

March 9, 2009

Voice of America: The Asian Development Bank says the global economic crisis has erased $50 trillion in wealth around the world. Bank President Haruhiko Kuroda…

Diebold in pact with SBI for ATM expansion

March 9, 2009

Trading Markets: Diebold Inc. has signed a deal with Mumbai's State Bank of India to expand the bank's ATM network across the country. By May, Diebold expects…

M&TBank Corp. to cut 521 jobs at new Baltimore acquisition

March 8, 2009

Trading Markets: M&T Bank Corp. says it will cut 521 jobs at Provident Bankshares Corp., 29 percent of the workforce, after it completes its acquisition of…

NCR's 'intelligent' ATMs trialed in Kenya

March 8, 2009

Business Daily Africa: A new ATM from NCR Corp. is on trial in Kenya. The ATM rollout comprises machines that offer foreign-currency exchange and…

ATM ISOs look for a niche, and a focus on cash

by Tracy Kitten — Editor, AMC

The economic downturn is poised to offer independent ATM deployers greater opportunities.

New report says bank fraud could drive consumers to PayPal, other non-bank online payments

March 5, 2009

Digital Transactions: Financial fraud threatens the growth of online payments and banking, and could potentially drive consumers away from banks and toward…

Australia's Lockit Systems signs U.S. distributorship deal for ATM Raminator

March 5, 2009

DALLAS —  Australia-based Lockit Systems, creator of ATM Raminator, has signed with Dallas-based The Security Centre, a security supplier for the financial…

Pemco Technologies automates network testing with Lexcel TestSystem Network

March 5, 2009

SCOTTSDALE, Ariz. — Pemco Technologies, a payment solutions provider, has implemented Lexcel Solutions Inc.'s TestSystem Network.   According to a news…

Wincor bankers' symposium: Building customer loyalty in a tough economy

by Tracy Kitten — Editor, AMC

March 5, 2009

See a slide show from the forum   CHICAGO — Executives from Wincor Nixdorf Inc. (USA) hosted a bankers' forum last month, highlighting emerging trends in a…

Mitek Systems, mFoundry demo mobile deposits for banks

March 4, 2009

SAN DIEGO — Mitek Systems Inc., provider of image analytics and mobile-document-capture software, and mFoundry, provider of mobile-banking and payments…

Push for mandatory reverse ATM PIN adoption rears its head, again

March 4, 2009

The appeal for a reverse ATM code has again popped up in mainstream press, this time in Illinois, where the (Peoria, Ill.) Journal Star last week reported…

Diebold named among top outsourcing service providers for third year in a row

March 4, 2009

NORTH CANTON, Ohio — Diebold Inc. has been recognized as one of the world's top outsourcing providers by the International Association of Outsourcing…

Ask the Experts: Legal missteps can reap havoc on an ATM, self-service deployment

March 4, 2009

Mandates, regulations, and consumer convenience and protection should be top-of-mind for any ATM deployer. But most importantly, ATM deployers should consider…

Triton's new retail ATM is first for company since '07

by Tracy Kitten — Editor, AMC

Triton's new RL1600 is touted for its compact design, and its price.

Banks given week to replace ATM cards

March 3, 2009

Asia Daily News: The Qatar Central Bank has given all banks in the country a week to replace their existing magnetic-stripe cards with EMV or chip cards. Qatar…

PAI awards Premier ATM for record sales in '09

March 3, 2009

BILLINGS, Mont. — Payment Alliance International has awarded Michael Espaillat of Premier ATM in Miami for selling the largest combinations of credit-card…

ATMIA, ATM Marketplace honor ATM companies for outstanding service, security initiatives

March 3, 2009

NASHVILLE, Tenn. — During the 10th annual ATM Industry Association conference last month, ATMIA and ATM Marketplace recognized four leading ATM players for…

Chile's ATM market continues growth spurt

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Opportunities for ATM deployers and manufacturers abound in Chile, but getting an early foothold will be key.

Milwaukee PD sets up ATMs as service to consumers, residents

March 2, 2009

Milwaukee Journal Sentinel: ATMs at the Milwaukee Police Department make perfect sense. What place could be safer to get money than a police station? "It just…

Cardtronics reports net loss, slight revenue increase for 2008

March 2, 2009

HOUSTON — Cardtronics Inc. reported a $57.9 million net loss for the fourth quarter of 2008 and a $70 million net loss for the year. Those losses have…