Would-be ATM thieves find cash too hot to handle

January 9, 2002

LAUNCESTON, Australia -- Burglars who tried to use oxy-acetylene equipment to steal an ATM fled when the money caught fire and activated a fire alarm.The…

Alabama rep may revive bill to cap ATM fees in '02

January 8, 2002

BIRMINGHAM, Ala. -- Alabama legislators haven't seen the last of a banking bill that would cap ATM fees, according to a report in the Birmingham News. 

Diebold to market, install Sumx Internet banking platform

January 8, 2002

NORTH CANTON, Ohio -- Diebold, Incorporated, (NYSE: DBD), a worldwide leader in self-service automation, and Sumx Inc., an electronic banking solutions…

Fifth Third beefs up processing power with new mainframes

January 8, 2002

CINCINNATI -- Fifth Third, the country's top processor of EFT services for financial institutions worldwide, will spend $10 million to purchase three new…

SunTrust sues over Wachovia, First Union merger

January 8, 2002

ATLANTA -- SunTrust Banks Inc. filed a lawsuit on May 23, seeking to nullify an agreement between Wachovia Corp. and First Union Corp. requiring a huge…

California man charged in ATM Store scam

January 8, 2002

SACRAMENTO, Calif. -- California Corporations Commissioner Demetrios A. Boutris, in cooperation with the Riverside County District Attorney's office, today…

SMi presents 3rd annual ATM conference

January 8, 2002

LONDON -- SMi is sponsoring "Next Generation ATMs," an ATM industry trade show June 11-12 at the Royal Garden Hotel in London. 

Mosaic inks agreement with Stratus for Windows 2000-based platform

January 8, 2002

MAYNARD, Mass., and CAPE TOWN, South Africa -- Stratus Technologies Inc., a maker of server technologies, has announced a joint marketing agreement with Mosaic…

NYCE establishes Chicago office

January 8, 2002

CHICAGO -- NYCE Corporation, the Woodcliff Lake, N.J.-based electronic payments company, has established an office in Chicago to augment its Midwest sales and…

Five big banks form Global ATM Alliance

January 8, 2002

CHARLOTTE, N.C. -- Five of the world's largest financial institutions -- Bank of America, Barclays, Deutsche Bank, Scotiabank and Westpac -- have launched the…

Driving for dollars

While much of the ATM industry's focus has been on walk-up ATMs in recent years, the market for drive-up machines is still cruising along.

One great union

January 8, 2002

The Co-Op Network, the country's largest network of credit union ATMs, is more than doubling its number of machines in a deal with Access Cash International…

ATMs Down Under

January 8, 2002

Australia seems poised to follow in the ATM footsteps of the U.S., Canada and the UK and institute a change in its fee structure. As it has elsewhere, this is…

Fighting Fraud

January 8, 2002

Advances in technology have provided crimefighters with a wide range of tools to combat ATM fraud, but keeping up with the bad guys is an ongoing challenge.

XtraCash pursuing all former CCC merchants

January 8, 2002

Ex-CCC merchants who switched their business to other ISOs may be in for more legal wrangling. XtraCash ATM, granted exclusive rights to contact those…

Chilean ATM market heats up

January 8, 2002

Chile is this year's hot spot for ATM activity in Latin America, as the country's two ATM systems, Redbanc and Globalnet, angle to make a connection.

Who's who: Aravinda Korala

January 8, 2002

Those who work with Aravinda Korala know that his passion for excellence might mean an odd-hours phone call from the KAL CEO, who has quietly created a global…

Euro, franc happily coexist in Switzerland; many ATMs dispense both

January 8, 2002

GENEVA -- Although Switzerland is a non-member of the European Union, its residents will come into contact with the euro, Europe's new common currency…

Another former Tri-State official pleads guilty to fraud charges

January 8, 2002

TRENTON, N.J. -- Nicholas J. Basile Jr., an executive in the now-defunct Tri-State Armored Services, has pleaded guilty to federal conspiracy charges, bringing…

Robbers overpower armed guards, make off with ATM cash in N.C.

January 8, 2002

LANDIS, N.C. -- Three men, one of them toting a shotgun, escaped with an undisclosed amount of cash on Jan. 8 after overpowering two armed guards who were…