Florida company sues big retailers over prepaid card sales

February 19, 2003

MIAMI -- A tiny company run out of the 74-year-old chief executive's home in Coral Gables, Fla., has filed a lawsuit filed in federal court alleging that Home…

PNC is 2nd bank to cancel ATM cards after hacker attack

February 19, 2003

PITTSBURGH, Pa. -- PNC Bank said  it was forced to deactivate some 16,000 of its ATM/debit bearing the Visa logo after being notified by Visa that the cards…

eFunds earnings down in 2002

February 19, 2003

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS) reported net income of $900,000 or diluted earnings per share of 2 cents in 2002's fourth quarter…

UK's ATM Security Working Group could serve as model for U.S.

Alan Townsend, the London police detective who helped create an ATM Security Working Group with a number of the UK's top independent ATM deployers, says a…

Citizens Bank reissues ATM cards in wake of hacker attack

February 18, 2003

PITTSBURGH, Pa. -- Hundreds of bank customers in Pittsburgh and across the state had their ATM/debit cards canceled after a computer hacker stole some …

Spanish bank orders 140 BANQIT ATMs

February 18, 2003

STOCKHOLM -- Spanish bank BBVA has ordered 140 of BANQIT's new Q-Cash 35 multi-function ATMs.

Euronet expands prepaid business with acquisition of UK processor

February 18, 2003

LEAWOOD, KANSAS -- Euronet Worldwide, Inc. (Nasdaq: EEFT) has signed an agreement to acquire UK-based e-pay Ltd., the largest electronic payments processor of…

NCR ships 500,000th ATM

February 18, 2003

LONDON -- NCR Corporation (NYSE: NCR) says it recently shipped its 500,000th ATM.

Phoenix Interactive offers EMV option on ATM software

February 17, 2003

LONDON, Ontario -- Phoenix Interactive is now offering an EMV Kernel in its multi-vendor VISTAatm software.

ExxonMobil expands ATM deal with Cardtronics

February 17, 2003

HOUSTON -- ExxonMobil has chosen Cardtronics to install new ATMs and provide ongoing processing service for 215 Exxon- and Mobil-branded retail outlets, mainly…

eFunds makes more exec appointments

February 17, 2003

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS) has made two more executive appointments, naming Thomas Liston as its chief financial officer and Robert…

Concord lowers earnings estimates for 2003

February 17, 2003

MEMPHIS, Tenn. -- Transaction processor Concord EFS Inc. (NYSE:CE - News), said its earnings per share rose slightly in 2002's fourth quarter, but warned it…

Prompted by ATM scams, Australia considering anti-skimming laws

February 16, 2003

SYDNEY -- Australian police are considering laws to crack down on thieves who use credit card technology to steal from ATMs.

UK's Office of Fair Trading investigation likely to lead to reduction in ATM interchange

February 16, 2003

LONDON -- The UK's Office of Fair Trading has launched an investigation into interchange rates for ATMs due to concerns the system is anti-competitive.

ACI parent wants to put 'trying time' behind it with restated earnings

February 16, 2003

OMAHA, Neb. -- Transaction Systems Architects of Omaha, parent of ACI Worldwide, on Feb. 13 reported that first-quarter 2003 profits rose 24 percent to $…

EDS automates ATM transaction balancing

February 16, 2003

PLANO, Texas -- EDS says that it has automated the daily credit union process for balancing debit card and ATM network transaction totals -- transforming what…

Two women sentenced in Canadian ATM fraud

February 13, 2003

TORONTO -- Two women who participated in a $1.2 million fraud (about $790,464 U.S.) that a judge has called the "most significant attack on the ATM network in…

ATM suspects caught redhanded at blue movie store

February 13, 2003

TORONTO -- A theft attempt on an armored truck ended in a standoff at a nearby adult video store where the two suspects had sought refuge.

StanChart to add ATMs, branches in India

February 13, 2003

MUMBAI, India -- Standard Chartered, India's largest foreign bank, says it will expand its distribution network and branch footprint across India, with the…

Navy Federal CU adds its ATMs to Co-Op Network

February 13, 2003

ONTARIO, Calif. -- Navy Federal Credit Union, the largest credit union in the world with more than 2 million members and $17 billion in assets, has joined the…