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Banks in Pakistan fined in ATM fee-setting scheme

July 6, 2012

Pakistan's anti-trust commission this week imposed fines totalling Rs770 million ($8,190,644) on 1-Link Company and 28 of its member banks for colluding on…

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DirectCash completes Customers acquisition

July 6, 2012

Canada-based IAD DirectCash Payments Inc. announced this week that it has successfully completed its acquisition of Customers Limited. Customers is Australia's…

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ATM advertising firm announces positive first-half results

July 3, 2012

I-design Group Plc, a developer and supplier of ATM and self-service marketing solutions for the banking industry, announced positive half-year results…

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Gesture technology far from ready as ATM-user ID

July 3, 2012

The public won't be magically summoning cash from an ATM with a wave of the hand anytime soon. At least one industry watcher is saying that gesture technology…

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CBN sets aggressive goal for reducing unbanked

July 3, 2012

The Central Bank of Nigeria (CBN) is aiming to reduce its unbanked population by 20 percent by the year 2020.

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Prepaid market still growing

July 3, 2012

In a recent report titled, Prepaid and Gift Cards in the U.S., research firm Packaged Facts said that prepaid payment volume will jump more than 22 percent…

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NCR sets up ATM monitoring center in Egypt

July 3, 2012

Uncertain conditions in Egypt have not discouraged NCR from pursuing growth there. The company has established a managed services center in the country that…

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Oops: Zambian president's bankcard confiscated by ATM

July 2, 2012

Zambian President Michael Sata was frustrated in an attempt to withdraw money from an ATM last weekend at a trade fair in the city of Ndola, Zambia.

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Crooks 'scope out' ATMs. Literally.

July 2, 2012

Police in the Malaysian capital of Kuala Lumpur have become convinced that gangs of thieves have been stealing surgical endoscopes and inserting them into ATMs…

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PSCU first in the nation to launch VISA prepaid EMV cards

July 2, 2012

Credit union service organization PSCU announced it is the first financial services provider to issue VISA prepaid EMV cards in the United States. Several of…

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AmEx announces its own U.S. EMV roadmap

July 2, 2012

In a press announcement last week, American Express laid out the terms for its transition to EMV credit, debit and ATM transactions in the United States.

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Coastal Federal Credit Union goes with STAR Network

July 2, 2012

Coastal Federal Credit Union of Raleigh, N.C., recently announced that it has signed a multiyear agreement under which First Data's STAR EFT network will…

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FEXCO, First Data offering Dynamic Currency Conversion for ATMs

June 29, 2012

FEXCO, an Ireland-based provider of financial transaction processing, and First Data Corporation, a provider of electronic commerce and payment processing…

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Court certifies class action in ATM case

June 29, 2012

The class action suit against Hope Community Credit Union in Jackson, Miss., is moving forward after a federal court in Tennessee on Tuesday certified the…

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ATMIA calling for speakers

June 29, 2012

The ATMIA is issuing a "call for speakers" to present at its conference Feb. 19-21, 2013, in Scottsdale, Ariz. The theme, "The Destiny of ATMs: Designing Our…

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US military members using banking kiosks at German Air station

June 29, 2012

Kapaun Air Station in Germany is now the home of two kiosks from Service Credit Union, a $2.1-billion New England-based financial institution that serves all…

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Cardtronics, Scotiabank to extend ATM access into Canadian 7-Eleven stores

June 28, 2012

Retail ATM giant Cardtronics has announced an ATM branding agreement in which Scotiabank will brand 470 Cardtronics-owned 7-Eleven ATMs in Canada.

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Javelin Study: $675 Billion in deposits vulnerable to bank switching

June 28, 2012

Eleven percent of consumers are likely to switch primary financial institutions in 2012 in a quest for greater convenience and service, according to a new…

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Tech Credit Union chooses Fiserv XP2 for account processing

June 28, 2012

Fiserv Inc., a provider of financial services technology solutions, has announced that Tech Credit Union, a $305 million financial institution serving nearly…

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Trusted Security Solutions gets boost from HP ATPC end of service

June 28, 2012

Trusted Security Solutions Inc., a provider of secure ATM key management solutions, is benefiting from HP's decision to place the Atalla Trusted Print Center…

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