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Learn by doing

November 4, 1999

Mike McCormick wanted to learn more about ATMs -- so he bought one and put it in his basement.by Ann All, editor

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Payments industry to develop common security guidelines for smart cards

November 4, 1999

SAN FRANCISCO and WATERLOO, Belgium -- Major payment organizations, including American Express, Europay, MasterCard, Mondex and Visa, announced a new…

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Russian banks to re-issue cards

November 3, 1999

MOSCOW -- In the wake of a scam in which a Russian criminal ring tampered with ATMs in Moscow and created fake cards to withdraw money, a number of Russian…

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California bankers try to block anti-surcharge measures

November 3, 1999

SAN FRANCISCO -- A day after voters overwhelmingly banned surcharges on ATMs owned by banks, California banks filed suit in federal court to block the measure…

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Surcharge showdown

November 2, 1999

In San Francisco, voters on Nov. 2 will get a crack at banning surcharges at bank owned ATMs. Bankers say that even if the proposal passes, they'll have their…

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San Franciscans vote 'no' on surcharges

November 2, 1999

SAN FRANCISCO -- As expected, San Francisco voters approved a measure to ban ATM surcharges by a wide margin, according to early-morning election returns.

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An ATM by any other name...

October 28, 1999

It's getting harder and harder to tell an ATM from a kiosk in a new world of e-commerce and Web-enabled units.by Katherine L. Sears, associate editor

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Breaking the surcharge barrier

October 28, 1999

With its proposal to ban surcharging at bank-owned ATMs within city limits all but a done deal, Santa Monica, Calif. is poised to make history.by Ann All…

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Diebold in deal with check-cashing chain

October 27, 1999

DALLAS -- ACE Cash Express, Inc., the nation's largest check-cashing chain and a provider of related retail financial services, has installed its first…

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Triton earns Mississippi business honor

October 27, 1999

Triton Systems has won an honor on its home turf, the number three spot on a list of the 40 fastest-growing, privately-owned companies in Mississippi. The Fast…

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BAI Retail Delivery '99 to focus on technology

October 26, 1999

CHICAGO -- "Redefining the Retail Business System: Connecting with the Information-Rich Consumer" is the theme of Bank Administration Institute's (BAI) Retail…

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KKR acquires Siemens Nixdorf

October 25, 1999

Kohlberg Kravis Roberts & Co. L.P. and GS Capital Partners III, L.P agreed to acquire 100 percent of Siemens Nixdorf Retail and Banking Systems GmbH, a…

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Russian gang clears out bank accounts via ATMs

October 24, 1999

MOSCOW -- According to the Associated Press, a Russian criminal ring has been cleaning out bank accounts in several countries -- including the U.S. -- by…

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SmartAxis introduces smart card-based online payment system

October 21, 1999

According to M2 Communications, SmartAxis will launch a new payment service for the Internet and other digital networks that uses e-purse smart cards that can…

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NCR profits beat estimates

October 20, 1999

DAYTON, Ohio -- NCR reported third-quarter earnings that trounced Wall Street expectations, boosted by its ATM and retail automation businesses. NCR shares…

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Diebold reports third quarter results

October 20, 1999

NORTH CANTON, Ohio -- Diebold announced a 9 percent increase in revenue for the third quarter, including a 4 percent rise in self-service hardware revenue…

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Scotiabank deploys smart card capable PIN pad

October 19, 1999

ATLANTA and TORONTO -- IVI Checkmate Corp. announced that Scotiabank will be the first Canadian financial institution to deploy a smart card capable PIN pad…

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EDS' response not all wet

October 18, 1999

No stranger to crisis management, giant processor EDS executes a restoration process in the wake of Hurricane Floyd. by Katherine L. Sears, associate editor

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First Data buys USPI From TSA

October 18, 1999

OMAHA, Neb.-- With an eye toward on-line debit processing, First Data Resources, a subsidiary of First Data Corp., is purchasing Milwaukee-based USPI, LLC from…

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Diebold acquires Procomp

October 18, 1999

SAO PAULO, Brazil -- Diebold has reached an agreement to purchase all of the stock of Procomp Amazonia Industria Electronica, S.A, a Brazilian manufacturer of…

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