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News & Media

Wisconsin ISO live with TNS Smart Network, driving own ATMs

August 6, 2002

TORONTO -- Cash Depot, a Green Bay, Wis.-based ISO, has successfully launched the TNSSmart Processing Suite, which allows them to drive their own ATMs.

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Australia's Bank of Queensland sued over scotched ATM plans

August 6, 2002

BRISBANE, Australia -- Metyor Inc. (formerly Talisman Technologies) and Saracen Financial Services are seeking between $30 million and $500 million in damages…

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Pakistan promoting ATM interconnectivity

August 6, 2002

KARACHI, Pakistan -- The State Bank of Pakistan (SBP) has asked all banks to join or come to an agreement with the ATM switch networks of Muslim Commercial…

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Indian bank issues ATM card for life

August 6, 2002

CHANDIGARH, India -- Competition in the banking sector has resulted in Punjab National Bank (PNB) issuing ATM cards with 48 years validity rather than the…

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Finally, more functionality

Though 7-Eleven's Vcom project has yielded the biggest impact to date in the effort to add advanced functionality to an ATM/kiosk platform, a total of fewer…

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Japanese currency redesign to boost ATM business

August 5, 2002

TOKYO -- Japanese ATM manufacturers are expected to experience a boost in business when the Japanese government and Central Bank issue new high denomination…

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NYC credit union members take $15M in 9/11-related ATM fraud

August 5, 2002

NEW YORK -- Prosecutors are investigating up to 4,000 people who allegedly used ATMs to steal $15 million from a municipal employees' credit union in the…

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Concord authorizes stock repurchase

August 5, 2002

MEMPHIS, Tenn. -- After watching its stock price drop about 30 percent during the past week, the board of directors of Memphis-based Concord EFS on Aug. …

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Thai smart card plans advance

August 5, 2002

BANGKOK, Thailand -- The Thai Smart Card Co expects its "digital purse" system to be available for payments on up to 30 percent of goods and services within…

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Efmark beefs up Eastern presence with purchase of ATM America LLC

August 4, 2002

BALTIMORE -- Efmark Service Co. of Westmont, Ill., has purchased Timonium, Md.-based ATM America LLC, an ISO with some 1,200 ATMs under contract and branding…

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Who's who: Ernesto Unanue

August 4, 2002

Though the prospect of a university education is what first brought him to the United States and economic and political struggles in his native Argentina kept…

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Economic crisis in Uruguay causes rush on ATMs

August 1, 2002

MONTEVIDEO, Uruguay -- Uruguayans rushed to ATMs after the government on July 30 declared a bank holiday then extended it through Aug. 2, as withdrawals of…

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Japanese insurance policyholders gain access to loans via bank ATMs

August 1, 2002

TOKYO -- Sumitomo Life Insurance Co. has tied up with Shinkin Central Bank, an industry body grouping 343 "shinkin" small savings banks, to enable its…

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Malaysian ATMs back on shared network

August 1, 2002

KUALA LUMPUR, Malaysia -- The electronic linkage among Malaysian ATMs has resumed, although within restricted hours as banks are still on alert until the…

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Datawest earnings improve in 2Q

August 1, 2002

VANCOUVER, BRITISH COLUMBIA -- Datawest Solutions Inc. (TSX: DS - News), reported a loss of $303.384, or 2 cents a share, on revenues of $11.7 million for the…

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ATMs may play role in Disney promotion, matey

July 31, 2002

LONDON -- According to a report in the London Times, family entertainment conglomerate Disney is considering promoting its next blockbuster film through…

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Austria's Raiffeisen Group to install Wincor Nixdorf software

July 31, 2002

PADERBORN, Germany -- Austria's Raiffeisen Bank Group will install ProClassic architecture from Wincor Nixdorf on its 3,900 self-service machines.

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ATM industry mobilizes for fraud fight

July 30, 2002

All who convened in Washington D.C. for the inaugural meeting of the Electronic Funds Transfer Association's ATM Integrity Task Force agreed that ATM fraud has…

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