The shared network business: Under new management

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May 14, 2002

With all of the changes that have hit the ATM industry over the past few years, Speer & Associates Chairman George Albright opines that the consolidation of…

Oz officials address access issue

May 14, 2002

The Australian banking sector has launched a set of industry standards aimed at improving accessibility of electronic banking facilities for elderly customers…

Indian banks take different approaches to ATMs

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May 14, 2002

India's UTI Bank, which recently signed a deal to locate ATMs in India Post branch offices, is convinced that network sharing is the key to enhanced ATM…

Canadian ISO acquired by IT company

May 14, 2002

MONTREAL -- Information-technology company Cognicase Inc. has acquired computer services firm Meta-4 Systems Corp., which manages almost 5,000 ATMs and runs…

UAE bank buys 300 NanoCash ATMs

May 14, 2002

DUBAI, United Arab Emirates -- Quick Line, a software developer and ATM reseller, has sold 300 NanoCash ATMs manufactured by South Korea's Hyosung Computer to…

BankNorth rebates some ATM fees in Mass.

May 14, 2002

BOSTON -- An editing error will cost BankNorth Massachusetts an estimated $25,000 in ATM fees that it must return to several thousand people who became…

pieNetworks slices into Australian financial market

May 14, 2002

PERTH, Australia -- Australian kiosk developer pieNetworks Ltd., expanding its base in the Australian financial sector, has reached a deal to supply a line of…

Transaction Network Services unveils new smart modem

May 13, 2002

RESTON, Virginia -- Transaction Network Services, Inc. has introduced a new family of smart modems, the TransXpress 4000 line, which is designed to support…

Transaction Network Services helps B of A promote 2000 Summer Olympics with wireless ATMs

May 13, 2002

RESTON, Va. -- Transaction Network Services, Inc. is providing its TransXpress 3000 wireless ATM product to Bank of America, enabling the bank to operate its…

ATMIA searching for new European director

May 13, 2002

LONDON -- The ATM Industry Association has just announced plans for the group's expansion into the Southern Hemisphere and the appointment of a new executive…

IY Bank says human error led to double billing

May 13, 2002

TOKYO -- IY Bank, the banking unit of retailer Ito-Yokado Co., said on May 13 that 4,000 accounts were erroneously double-billed for monthly fees.

NCR to supply ATMs, maintenance to two Indian banks

May 13, 2002

LONDON -- NCR Corporation says it has concluded ATM and maintenance services deals with a combined value of more than $10 million with two major Indian banks…

Nexus, Infonox hope alliance will speed deployment of advanced-function ATMs

May 12, 2002

Raleigh, N.C. and Santa Clara, Calif. -- Middleware provider Nexus Software and Infonox, an infrastructure software company focusing on transaction and…

NCR rolling out advanced deposit taking in UK, Chile

May 12, 2002

LONDON -- Nationwide Building Society will roll out 141 NCR-manufactured "intelligent deposit" ATMs in 81 branches by the end of 2002. 

CO-OP CEO hints at international expansion at annual meeting

May 9, 2002

LAS VEGAS -- At the 2002 CO-OP Network Conference and Annual Shareholders' Meeting at the Venetian Hotel, CO-OP Network President and CEO Robert Rose hinted at…

Bangladesh network to offer payment of mobile phone bills at ATMs

May 9, 2002

BANGLADESH -- GrameenPhone Limited has signed an agreement with Electronic Transactions Network Ltd (ETN) for collection of GP bills through the E-Cash shared…

E*TRADE chairman's compensation is renegotiated; to be based on company performance

May 9, 2002

MENLO PARK, Calif. -- E*TRADE Group (NYSE: ET) announced an agreement with Chairman of the Board and Chief Executive Officer Christos M. Cotsakos for a…

TRM earnings improve in 1Q 2002

May 9, 2002

PORTLAND, Ore -- TRM Corporation reported a loss of $337,000 and 10 cents per common share for the quarter ended March 31, 2002, compared to a loss of $788,00…

Independents making headway in Oz

May 9, 2002

With the Reserve Bank of Australia's decision to award a settlement account with the Payment Systems Board to an independent, Cashcard, and a continuing…

Japan's IYBank opens ATMs to credit card companies

May 8, 2002

TOKYO -- Japan's IYBank, a settlement-only bank owned by supermarket chain Ito-Yokado Co., will give four credit card companies access to its ATMs at…