Euronet reports third quarter 2011 financial results

October 25, 2011

Transaction processing company Euronet Worldwide Inc. yesterday reported its third quarter 2011 financial results.

U.S. Bank eliminates debit rewards program

October 25, 2011

According to KIRO 7 TV in Seattle, U.S. Bank is eliminating its "Flex Perks" debit card rewards program effective Nov. 1.

Nautilus Hyosung considering new plant in China

October 25, 2011

According to the Korea Herald, Nautilus Hyosung Inc. is considering building a new plant in China.

Survey: Banks less confident in ability to detect cross-channel fraud

October 25, 2011

A new report on the current state of fraud detection and prevention at U.S. banks finds that while most banks have invested heavily in securing communications…

The Bank Conference Buzz: West versus East

by Brendan Burge

I must admit that I have been saving up a bit of enthusiasm for this post! Mostly I wanted to have two similar yet different conference experiences behind me.

African ATM market ripe for expansion

'Cash is king' environment and a major increase in wireless usage are making the market attractive.

Expert Group to acquire Pertego Capital

October 24, 2011

Expert Group Inc. today announced that it has entered into a non-binding term sheet to acquire ATM operator Pertego Capital and its assets.

Red Segura, GRG unveil proximity solution to eliminate mag-stripe

October 24, 2011

Red Segura and GRGHK, a subsidiary of GRG Banking, have unveiled a multi-vendor solution aimed at helping financial institutions eliminate the use of…

Indonesian ATM network integration to be completed by 2012

October 23, 2011

According to the Jakarta Globe, the integration of three Indonesian ATM providers into one unified system should be completed by the end of 2012, a central…

BofA, Citizens Bank Bulgarian ATM skimmers get jail time

October 23, 2011

A federal judge Friday sentenced two Bulgarian nationals for skimming ATMs run by Bank of America and Citizens Bank.

Vsoft to provide ATM RDC solutions to Security Service Federal Credit Union

October 23, 2011

VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, Friday announced that San Antonio…

BAI 2011: The new tablet-style ATM from Nautilus Hyosung

Rob Evans demonstrates the tablet-style interface of the Monimax ATM from Nautilus Hyosung, which can capitalize on the increasing popularity of mobile…

Senator Durbin questions Wells Fargo about debit fees

by Kim Williams — Reporter, NetWorld Alliance

The bank posted record profit results this week, prompting inquiries into the need for debit fees.

Report discusses negative impact of Durbin Amendment on banks, consumers

by Kim Williams — Reporter, NetWorld Alliance

Merchants aren't incentivized to pass savings on to consumers, according to findings.

Indian bank launches mobile ATM unit

October 19, 2011

Mangalore, India-based Corporation Bank today unveiled its new branch at Amethi in Uttar Pradesh, in the northern part of India. According to a bank press…

Another ATM surcharge fee lawsuit for Visa and MasterCard also includes three major banks

October 19, 2011

According to the Washington Post, yet another lawsuit over ATM surcharge fees has been filed against Visa and MasterCard and three major banks accusing them of…

BAI 2011: Pay bills, schedule teller time with new NCR kiosk

NCR's new kiosk helps banks make it convenient for customers to pay bills, while at the same time exposing them to financial products and times to learn about…

BAI 2011: NFC, p-to-p mobile payments with new Wincor ATMs

Wincor Nixdorf's new Cineo line of ATMs enables users to preorder cash and pick it up without weilding a debit card. In addition, person-to-person mobile…

ATM card users also suing Visa, MasterCard over fees

October 18, 2011

Following a recent lawsuit filed by ATM operators against Visa and MasterCard for allegedly imposing contract terms that force them to charge consumers set…

ATMIA publishes latest edition of international best practices for ATM operating software

October 18, 2011

The ATM Industry Association today announced the publication of the latest edition of its international best practices for ATM operating software. The…