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News & Media

Aussie bank decides to cut foreign ATM fees

March 11, 2009

The Age: National Australia Bank Ltd. says it has eliminated its 50-cent fee for customers who use other banks' ATMs. NAB's move falls in line with other…

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Paragon Application Systems reports 30% revenue increase from '07 to '08

March 11, 2009

HOLLY SPRINGS, N.C. — Paragon Application Systems, which provides e-payment simulation, configuration and testing software, reported record sales and revenue…

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BCI of Chile plans to add 300 new, advanced-function ATMs in '09

March 11, 2009

Business News Americas: Privately held Chilean bank BCI says it plans to install around 300 new ATMs this year, says innovations manager Pablo Cousiño. At the…

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ADT launches new anti-skimming device to deter ATM fraud

March 11, 2009

BOCA RATON, Fla. — ADT Security Services has introduced a new advanced skimming-detection device for financial institutions in North America.   According to a…

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Thailand's ATMs revamped for heightened security

March 10, 2009

International Herald Tribune: More than 30,000 ATMs in Thailand will be revamped to prevent criminal gangs from stealing bank-account information. Phol…

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Nautilus Hyosung signs ATM deal with Indian banks

March 10, 2009

(India) CIOL: India's HCL Infosystems has signed with Nautilus Hyosung to provide complete ATM solutions for Indian banks, with special emphasis on service for…

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Recent data breaches put encryption practices under scrutiny

March 10, 2009

Computer World: With major data breaches occurring on a regular basis, encryption vendors are going into hyper-drive, touting the need for their products. But…

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Visa, MoneyGram launch prepaid card program, target unbanked users

March 10, 2009

San Francisco Business Times: Visa Inc. and MoneyGram International have partnered to launch a Visa-branded prepaid card program that allows users to add money…

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Software can improve ATM uptime and enterprise management

by Jay Goodwin — VP Sales and Marketing, ESQ Business Services

Transactional analytics can give FIs a 360 view of their ATMs in real-time.

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Canadian authorities to probe debit, credit card fees

March 9, 2009

Finextra: A shake-up of the national payments industry in Canada is on the way, as the government spearheads efforts to take a closer look at the payments…

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FDIC to add bank emergency fee

March 9, 2009

The Motley Fool: Bank failures that are depleting the deposit insurance fund have prompted regulators to increase the fees paid by U.S. financial institutions.

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AMCORE Bank selects NYCE for ATM, POS access

March 9, 2009

SECAUCUS, N.J. — AMCORE Bank of Rockford, Ill., has signed with the NYCE Network for PIN debit and ATM card access. NYCE Payments Network LLC is part of…

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An end to debit: Mobile phones make headway as new payment option

March 9, 2009

Belfast Telegraph: Consumers may soon use their mobile phones rather than debit cards for purchases that are less than £10. Barclays, with its Barclaycard…

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Economic crisis takes $50 trillion in wealth, is worst downfall since Great Depression

March 9, 2009

Voice of America: The Asian Development Bank says the global economic crisis has erased $50 trillion in wealth around the world. Bank President Haruhiko Kuroda…

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Diebold in pact with SBI for ATM expansion

March 9, 2009

Trading Markets: Diebold Inc. has signed a deal with Mumbai's State Bank of India to expand the bank's ATM network across the country. By May, Diebold expects…

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M&TBank Corp. to cut 521 jobs at new Baltimore acquisition

March 8, 2009

Trading Markets: M&T Bank Corp. says it will cut 521 jobs at Provident Bankshares Corp., 29 percent of the workforce, after it completes its acquisition of…

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NCR's 'intelligent' ATMs trialed in Kenya

March 8, 2009

Business Daily Africa: A new ATM from NCR Corp. is on trial in Kenya. The ATM rollout comprises machines that offer foreign-currency exchange and…

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ATM ISOs look for a niche, and a focus on cash

by Tracy Kitten — Editor, AMC

The economic downturn is poised to offer independent ATM deployers greater opportunities.

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New report says bank fraud could drive consumers to PayPal, other non-bank online payments

March 5, 2009

Digital Transactions: Financial fraud threatens the growth of online payments and banking, and could potentially drive consumers away from banks and toward…

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Australia's Lockit Systems signs U.S. distributorship deal for ATM Raminator

March 5, 2009

DALLAS —  Australia-based Lockit Systems, creator of ATM Raminator, has signed with Dallas-based The Security Centre, a security supplier for the financial…

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