Visa: New ISO risk standards will help prevent fraud

February 28, 2002

Visa USA wants to head ATM fraud off at the pass by asking its agent banks to keep closer tabs on the ISOs they sponsor into the Plus network. Visa introduced…

Japan's ATM-only IY Bank to raise funds in private placement

February 28, 2002

TOKYO -- Japanese retailer Ito-Yokado Co Ltd says that its banking unit, IY Bank, would double its capital to 61 billion yen ($457.7 million) through a private…

Exec leaves NCR to join Diebold`s European team

February 27, 2002

LONDON -- Barry Harrison, a 30-year NCR veteran who was most recently vice president of global outsourcing, has joined Diebold as vice president of customer…

Dairy Mart to offer no-fee ATMs

February 27, 2002

HUDSON, Ohio -- Dairy Mart Convenience Stores announced today that approximately 600 Dairy Mart stores throughout the chain's Midwest and Southeast system will…

Greenlink, RBSA announce phone card, coupon capability

February 27, 2002

DALLAS -- Greenlink Technologies and RBSA on March 31 jointly announced the ability to print prepaid telephone cards and custom coupons from the RBSA data…

Cash Technologies system will allow consumers to use ATM cards online

February 27, 2002

LOS ANGELES -- Cash Technologies, Inc.is introducing EMMA, an e-commerce transaction processing system -- along with iris identification products supplied by…

Season of the glitch

Upgrades aren't easy -- just ask the folks at ACS and MCI. Thousands of ATMs were affected after the companies tweaked their technology.by Ann All, editor

Fla. smart card trials don't make case for technology

February 27, 2002

ORLANDO, Fla. -- Two trials of smart cards in the Orlando area seem to indicate that Americans aren't yet ready for the technology.SunTrust Banks Inc., which…

Cost of convenience

Do ATM surcharges and frozen pizza have anything in common? Sure, says CIBC, which recently launched a "white-label" network in Canada.by Kevin Gibson…

Colorado drops anti-surcharge proposal

February 27, 2002

DENVER -- A proposal to ban ATM surcharges in Colorado is being dropped, at least for this year, according to the Denver Post.The bill's sponsor, state Rep.

Gasper Corp. inks deal with NYCE

February 27, 2002

DAYTON, OHIO -- The NYCE Corporation will use ATM management software from Gasper Corp. to help drive and monitor more than 3,500 terminals in the Northeast…

Procomp subsidiary earns biggest deal in Diebold history

February 27, 2002

SAO PAULO, Brazil -- Procomp Amazonia Industria Eletronica, the recently-acquired subsidiary of Diebold, Incorporated, has received the largest contract in…

Woodstock photo helps nab ATM thief

February 27, 2002

NEW YORK -- At least one person suspected of trying to steal money from an ATM during looting at last summer's Woodstock event has been taken into custody by…

Tidel reports best first quarter ever

February 27, 2002

HOUSTON -- Tidel Technologies, Inc. reported the best operating performance for any first quarter in its history with net income for the quarter ended Dec. 31…

Stephenson Group opens London office

February 27, 2002

LONDON -- The Stephenson Group, a public relations agency headquartered in the metropolitan New York area that focuses on financial technology and e-commerce…

ACS reports fiscal 2nd-quarter earnings

February 27, 2002

DALLAS -- ACS reported diluted earnings per share for its fiscal 2000 second quarter ended Dec. 31, 1999 increased 25 percent to 50 cents from 40 cents per…

Link members to vote on ATM surcharge in UK

February 27, 2002

LONDON -- Members of Link, the UK's not-for-profit shared ATM network, will vote on whether or not to allow surcharging at a Feb. 29 meeting, according to the…

Retailers seek $8.1 billion in debit card antitrust suit

February 27, 2002

NEW YORK -- Wal-Mart and other large U.S. retailers are seeking $8.1 billion in damages from Visa and MasterCard for alleged debit card antitrust violations…

EBT moves toward standardization

February 27, 2002

WASHINGTON -- Electronic benefit transfer (EBT) cardholders could obtain groceries in every state under legislation that passed the House on Jan. 31 and goes…

Entertainment company to acquire ISO

February 27, 2002

PALM SPRINGS, Calif. -- Definition, Ltd., a Palm Springs, Calif.-based film distribution company, will acquire ATM International, as well as the Dallas-based…