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Low overhead is key to profitable check cashing

March 13, 2002

After the failure of InnoVentry late last year, many deployers wondered whether check cashing could be successfully implemented into an ATM program. Yes, say…

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Bangladesh's Agrani Bank to introduce ATMs

March 13, 2002

BANGLADESH -- Agrani Bank has signed an agreement with Electronic Transactions Network Ltd (ETN), a joint venture of United Group, Bangladesh and IFS…

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Datawest appoints CFO

March 13, 2002

VANCOUVER, BRITISH COLUMBIA -- Datawest Solutions (TSE: DS - news) has appointed Michael E. Johnson as vice chairman and chief financial officer, replacing…

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More Lawson c-stores to get ATMs in Japan

March 13, 2002

OSAKA, Japan -- Daiwa Bank and Asahi Bank said they will offer banking services through ATMs installed in Lawson convenience stores in collaboration with…

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ATMs take a licking, leave would-be thieves ticked off

March 12, 2002

SAN FRANCISCO -- Two freestanding ATMs took a licking, and left a couple of emptyhanded -- and probably ticked off -- would-be thieves at a San Francisco…

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Euronet reports revenue increase

March 11, 2002

BUDAPEST -- Euronet Services Inc. announced first quarter revenues of $8.2 million, double the revenues of the previous quarter and four times the revenues for…

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ICL introduces scanner for bill payment at ATM

March 11, 2002

LONDON -- In London, bank customers may not only be tapping the ATM for cash, but will be spending money at the same time -- on bills.UK-based ICL, a large…

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Pathways, SmartCard Solutions team on new contract for theater company

March 11, 2002

WOODINVILLE, Wash. -- The Pathways Group, Inc.has signed a Memorandum of Understanding with SmartCard Solutions, Inc., a privately held company based in Aspen…

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Scottish bank's ads to emphasize free ATM use

March 11, 2002

In light of fees being issued by other large banks, such as Abbey National, on customers who use another bank's ATM, Royal Bank of Scotland (RBS) is…

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Bank One appoints new head of Retail Banking

March 11, 2002

CHICAGO -- Bank One Corporation (NYSE: ONE) has appointed R. Michael Welborn as its new head of Retail Banking. He will manage the nation's fourth-largest…

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Who's who: Charlie East

March 11, 2002

Charlie East has already created one successful niche product, an ATM demonstrator sold by his first company, DSI. The chief executive officer of GTI thinks a…

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Momentum Cash hires Walston as VP of sales/marketing

March 11, 2002

HOUSTON -- Momentum Cash Systems has hired Gary Walston as vice president of Sales and Marketing. Walston will head up several new Momentum initiatives focused…

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Bank of America reverses decision, stays with Star

March 11, 2002

MEMPHIS, Tenn. -- Bank of America has reversed its earlier decision to pull out of the Star Systems network and signed a long-term contract with Concord…

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Former Schwartz roommate pleads guilty to receiving stolen property

March 11, 2002

NEWARK, N.J. -- Christopher LaCroix, the 36-year-old former roommate of renegade ATM operator Michael Schwartz, pleaded guilty on March 11 to taking millions…

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Huntington Bank switches to Transoft software to manage branch cash

March 11, 2002

RALEIGH-DURHAM, N.C. -- The Huntington National Bank, which has been using Transoft's OptiCa$h software for currency management on its network of off-premises…

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Food and nutrition chief to address EBT conference

March 10, 2002

HERNDON, Va. -- Samuel Chambers, Jr., administrator of the US Agriculture Department's Food and Nutrition Service will deliver the keynote address of this…

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Triton's ATM shipments surpass 10,000 in 1998

March 10, 2002

LONG BEACH, Miss. -- Triton Systems announced that its ATM shipments for 1998 surpassed 10,000 units for the first time, representing a 35 percent increase…

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Industry is ready for its close-up at ATMIA show

March 10, 2002

Although there were no klieg lights or paparazzi at "ATMs Hit the Big Screen," last week's ATM Industry Association conference in Hollywood, Fla., the industry…

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Brazilian ATMs remain shut down at night due to security concerns

March 10, 2002

RIO DE JANEIRO, Brazil -- Brazilian banks will keep their ATMs closed overnight, in a effort to curb a new crime known as flash-kidnappings, according to a BBC…

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Diebold signs major deals with Brazilian bank

March 10, 2002

SAO PAULO, Brazil -- Brazil's third largest bank, Caixa Economica Federal (CEF), has purchased Diebold advanced-function ATMs, check dispensing terminals and…

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