John Berra says credit unions have a marketing advantage

The economic downturn has impacted all financial institutions, but credit unions have a resiliency that banks do not, says John Berra, marketing director for…

Wells wraps installation of imaging ATMs for Wachovia machines in Savannah

by Tracy Kitten — Editor, AMC

September 30, 2009

WTOC-TV, Channel 11 in Savannah, Ga., reported yesterday that the city of Savannah is one of the first on the East Coast to install check- and cash-imaging…

Could U.S. consumers spur adoption of EMV in U.S.?

by Tracy Kitten — Editor, AMC

September 30, 2009

As the rest of the world wraps its migration to EMV/chip-and-PIN technology, Americans traveling overseas are running into mag-stripe disadvantages.   This…

BAI says exhibitor shifts won't hurt November event

by Tracy Kitten — Editor, AMC

CEO Debbie Bianucci says BAI's annual Retail Delivery Expo will remain relevant, but its focus and mission must evolve.

ATM ISOs look to kiosks for deployment, transactional growth

by Tracy Kitten — Editor, AMC

U.S. ISOs are thinking outside the ATM box, pursuing new revenue streams through DVD- and financial-kiosk deployments.

NCR signs State Bank of India for record ATM order

by Tracy Kitten — Editor, AMC

September 29, 2009

Duluth, Ga.-based NCR Corp. announced today that its recent deal with the State Bank of India for 3,800 ATMs is the largest ATM deal ever signed by NCR with a…

India's Prizm Payments buys Reliance POS network; ATMs could be next

by Tracy Kitten — Editor, AMC

September 29, 2009

Chennai, India-based Prizm Payments has acquired Reliance Money's POS platform, according to a news report from Reuters. The deal allows Reliance Money to…

Interac, China Unionpay open ATM access to Chinese cardholders visiting Canada

by Tracy Kitten — Editor, AMC

September 28, 2009

Payment News reports that Canada's Interac Association and China Unionpay have partnered to launch a new service that gives China Unionpay cardholders the…

Wincor provides ProCash ATMs for BB&T

by Tracy Kitten — Editor, AMC

September 28, 2009

Wincor Nixdorf AG says it has finalized a deal with Winston-Salem, N.C.-based BB&T Corp. to provide ProCash ATMs, software and associated services for a…

Canada's Threshold offers in-branch issuance of EMV cards

by Tracy Kitten — Editor, AMC

September 27, 2009

Threshold Financial Technologies Inc. has signed with United States-based Dynamic Card Solutions to offer instant issuance and PIN selection for EMV and…

Mobile money expected to revolutionize banking in developing world

by Tracy Kitten — Editor, AMC

September 27, 2009

The Economist reports that mobile phones have quickly become tools of economic empowerment for the world's poorest nations, overcoming infrastructural…

Costa Coffee signs with i-design for ATM advertising

by Tracy Kitten — Editor, AMC

September 27, 2009

Costa Coffee in the United Kingdom has signed a deal with ATM-advertising provider i-design to advertise its handmade coffee production via ads on ATMs. …

Navy Army Federal Credit Union signs with Fiserv for DataSafe account processing

by Tracy Kitten — Editor, AMC

September 27, 2009

Fiserv Inc. has announced that Navy Army Federal Credit Union in Corpus Christi, Texas, has renewed its contract for account processing with Fiserv.   With…

Wells, Chase, B of A cut back on debit overdraft fees

by Tracy Kitten — Editor, AMC

September 24, 2009

The Philadelphia Inquirer reports that pressure from lawmakers pushed three top U.S. banks to cut back on the overdraft fees they collect when their customers…

NYCE signs with Select-a-Branch to expand surcharge-free ATM access

by Tracy Kitten — Editor, AMC

September 24, 2009

NYCE Payments Network LLC has signed with Pennsylvania-based Select-A-Branch ATM Network LLC, an ATM ISO that offers a multibranding feature for banks and…

Global survey reveals bankers fear budget cuts could open door for fraud

by Tracy Kitten — Editor, AMC

September 24, 2009

Ireland-based Norkom Technologies says bankers throughout the world expect their institutions' vulnerability to fraud to increase, as many have cut back on…

Credit Union Services & Products Forum highlights financial future

by Tracy Kitten — Editor, AMC

Credit Union Conferences Credit Union Services & Products Forum wrapped last week in San Diego. Here are a few photographs from the event.

NY Times: Outdated Fed rules hinder advantages of Check 21

by Tracy Kitten — Editor, AMC

September 23, 2009

Ron Lieber of The New York Times says banks need to step it up in the deposit-crediting space. Despite the passage of Check 21 five years ago, which allows…

Credit Unions 2010: Reaching new members through new tech, competing in a global market

by Tracy Kitten — Editor, AMC

Gary Hess, who consults with credit unions, says the future will depend on Internet banking, mobile solutions and reaching a younger user.

Credit Unions 2010: Gary Hess says Gen Y and mobile solutions are the future

Gary Hess, an Internet and software solutions consultant for credit unions, shares hits thoughts about the future of credit unions and their banking practices.