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Banking officials say usage of UAE inter-bank switch is low

February 27, 2002

ABU DHABI -- Usage of the United Arab Emirates inter-bank switch continues to be low despite the membership of 41 of the UAE 46 banks in the country, banking…

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India's Reserve Bank bans 3rd-party ATM advertising

February 27, 2002

MUMBAI, India -- The Reserve Bank of India, which has regulatory authority over the country's financial institutions, has banned banks from advertising…

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Key signs another agent bank for ATM sharing

February 27, 2002

CLEVELAND -- CME Federal Credit Union, which serves city, county and municipal employees in Central Ohio, has joined Cleveland-based KeyCorp (NYSE: KEY) agent…

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NCR considering manufacturing plant in India

February 27, 2002

MUMBAI, India -- NCR Corporation is exploring the possibility of setting up a production base in India, according to a report in the India Times."It is only…

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TRM reports net loss of $6.5 million for '01

February 27, 2002

PORTLAND, Ore. -- TRM Corporation (Nasdaq: TRMM): reported a net loss of $4.2 million, or 65 cents per share, for the fourth quarter ended Dec. 31, 2001 and a…

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Honolulu theater gets 'smart'

February 26, 2002

WOODINVILLE, Wash. -- The Pathways Group, Inc. has entered into a letter of intent with Consolidated Amusement Company, Inc. to provide an integrated system…

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ARKSYS gets Central American contract

February 26, 2002

LITTLE ROCK, Ark. -- ARKSYS announced an agreement with Banco Atlantida of Tegucigalpa, Honduras to manage the bank's network of ATMs, its database of debit…

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eConnect, Telemax developing wireless e-commerce tool

February 26, 2002

LAS VEGAS -- eConnect and Telemax are progressing in the development of the PocketPay, a wireless device which will enable consumers to effect e-commerce…

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Freedom ATM Alliance gets new members

February 26, 2002

PITTSBURGH -- Pennsylvania's Freedom ATM Alliance announced that three new members will become operational in April, bringing the membership up to 30 banks.

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New NCR ATM has advanced deposit capabilities

February 26, 2002

DAYTON, Ohio -- NCR has introduced the Personal Cash Deposit ATM, which can instantaneously scan bunched cash deposits in multiple currencies and…

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MasterCard buys Bank One debit processing switch

February 26, 2002

ST. LOUIS, MO -- MasterCard has purchased the debit processing switch previously operated by Bank One Corporation, as a step on the road to its vision of…

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Triton moves into ATM processing in Canada

February 26, 2002

CALGARY, Alberta, and LONG BEACH, Miss. -- Triton Systems announced its entry into ATM processing in Canada through its wholly owned Canadian subsidiary…

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Diebold HMA posts 60% ATM market share in India

February 26, 2002

NEW DELHI, INDIA -- Diebold HMA Ltd., a joint venture between Diebold and HMA Data Systems Ltd. of India, a company involved in ATMs and security products…

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Global Cash Access names CEO

February 26, 2002

SUNNYVALE, Calif. -- Kirk Sanford has been named CEO of Global Cash Access, the largest provider of cash access services to the gaming industry. Sanford, 32…

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Japanese bank extends ATM hours

February 26, 2002

TOKYO -- Sanwa Bank will extend the operation of some ATMs to 24 hours a day, seven days a week, becoming the first major Japanese bank to do so, according to…

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BofA customer files suit over fee at unmarked ATM

February 26, 2002

A Bank of America customer, Jeremy Knapp of Seattle, on Sept. 20 filed a lawsuit in U.S. District Court in Seattle, accusing Bank of America of breach of…

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ACS names CEO

February 26, 2002

Dallas-based processor Affiliated Computer Services has appointed Jeffrey A. Rich, its president since 1995, to CEO. Rich succeeds Darwin Deason, who has…

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Wells Fargo to advertise at ATMs

February 26, 2002

SAN FRANCISCO -- Wells Fargo plans to take advantage of a captive audience by launching animated advertisements on the screens of some of its ATMs. Ads also…

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Concord EFS completes acquisition of EPS

February 26, 2002

MEMPHIS, Tenn.-- Concord EFS, Inc. has completed the acquisition of processor Electronic Payment Services, Inc. The acquisition and plan of merger was…

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Access Cash, NCR to deploy ATMs at Sav-On and Osco stores

February 26, 2002

ST. PAUL, Minn. and DAYTON, Ohio -- Access Cash International has won a contract to deploy NCR's low-end MCD cash dispensers at more than 700 Sav-on and Osco…

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