News
First Union, Wachovia complete merger
December 17, 2001
CHARLOTTE, North Carolina -- Wachovia Corp. and First Union Corp. have completed their long-planned $14.3 billion merger, creating the fourth-largest U.S.
read nowCitibank resolving ATM problems
December 17, 2001
NEW YORK -- Citigroup Inc. said on Sept. 5 that its U.S. Citibank network of 2,000 ATMs was running again, after software glitches shut the machines down for…
read nowConcord acquires The Logix Companies
December 17, 2001
MEMPHIS, Tenn. -- Continuing its strategy of aggressive acquisition, Concord EFS (NASDAQ: CEFT) will acquire The Logix Companies, LLC, a transaction processor…
read nowBank One, Microsoft partner to develop new products and services.
December 17, 2001
SEATTLE -- Microsoft Corp. and Bank One are forming a three-year strategic relationship worth $30 million to develop and promote services and products aimed at…
read nowBank One adds talking ATMs in Louisiana
December 17, 2001
NEW ORLEANS -- Bank One has installed 25 "talking" ATMs in Louisiana, creating the first ATM network in the state to help visually impaired customers conduct…
read nowThe UK's HBOS signs on for NCR's APTRA Edge software
December 17, 2001
LONDON -- HBOS, the financial services group formed by the recent merger of the Halifax and the Bank of Scotland, will implement NCR's (NYSE: NCR) APTRA Edge…
read nowShanks named new CFO at NCR
December 16, 2001
DAYTON, Ohio - Earl Shanks, who has been with ATM manufacturer NCR since 1996 and most recently was vice president of corporate finance, on Tuesday was named…
read nowFleet to add enhanced ATMs as part of upgrade
December 16, 2001
BOSTON -- As part of a $47.1 million, 18-month reconfiguration planned for its Massachusetts branch network, FleetBoston Financial will deploy 23 new…
read nowSoftware problem causes Citibank ATMs to crash
December 16, 2001
NEW YORK -- An internal software problem caused Citibank's nationwide network of 2,000 ATMs to crash for about four hours on Sept. 4, according to an…
read nowChina issues more bank cards
December 16, 2001
BEIJING -- Fifty-five financial institutions in China had issued 330 million bank cards by June of this year, sources with the People's Bank of China ( PBOC…
read nowBankAtlantic Bancorp to acquire Community Savings
December 16, 2001
FORT LAUDERDALE, Fla. - BankAtlantic Bancorp (NYSE:BBX) has reached an agreement to purchase Florida-based Community Savings Bankshares Inc. (NASDAQ:CMSV) in a…
read nowEuronet appoints Henry as president
December 16, 2001
LEAWOOD, Kan. -- Daniel R. Henry has been appointed president of Euronet Worldwide, Inc. (Nasdaq: EEFT), a duty he will assume in addition to his chief…
read nowRDS attendance may not be off as much as predicted
December 16, 2001
ANAHEIM, Calif. – Although advance forecasts for attendance at this week's BAI Retail Delivery Show here had been pretty grim, a spate of walk-in registrants…
read nowNational Australia Bank and Teradata share award for excellence at NCDM Expo
December 16, 2001
DAYTON, Ohio -- Teradata, a division of NCR Corporation and National Australia Bank have received the National Center for Database Marketing (NCDM) Database…
read nowStar Systems and NCR announce joint initiative on advanced deposit technology
December 16, 2001
ANAHEIM, Calif. -- NCR Corporation and Star Systems today announced a joint arrangement to bring advanced deposit technology to STAR participants throughout…
read nowMPS is 2nd network to certify Fujitsu Series 8000 ATMs
December 16, 2001
DALLAS-- The Fujitsu Transaction Solutions Series 8000 family of ATMs has been certified by Midwest Payment Systems (MPS) of Cincinnati, the second network…
read nowBank of Nova Scotia to use fees to encourage electronic transactions in Jamaica
December 16, 2001
KINGSTON, Jamaica -- The Bank of Nova Scotia (BNS) beginning Jan. 1 will charge customers for transactions at branches, in a move to relieve crowded conditions…
read nowUK's Office of Fair Trading exempts LINK from Competition Act
December 15, 2001
LONDON -- The UK's Office of Fair Trading ruled on Oct. 16 that the benefits offered by the rules governing ATMs in the LINK network far outweigh any possible…
read nowIrish authorities fighting back against ATM fraud
December 12, 2001
More than $30,000 has been stolen from Irish bank customers since August in a rash of ATM-related thefts as bank officials work with Irish police to bring an…
read nowHumboldt Bank to take $3M charge due to missing ATM funds
December 12, 2001
EUREKA, Calif. -- Bank holding company Humboldt Bancorp (NasdaqNM:HBEK - news) said on Dec. 12 that the operator of its ATM system is missing, along with $…
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