News
Members Credit Union chooses XP2 for account processing
March 16, 2012
Members Credit Union, a $232 million institution with more than 50,000 members, has selected the XP2 account processing solution from Fiserv Inc., according to…
read nowEAST acquires Ukraine representative
March 15, 2012
The Ukrainian Interbank Payment Systems Member Association (known as "EMA") has just joined the European ATM Security Team as the national representative…
read nowCanada gets its first remote key download provider
March 15, 2012
Open Solutions Inc., a payment services provider to the Canadian financial and retail industries, has announced that it is the first payments processor to…
read nowIBM grants 'ready for DB2' certification for SmartVisa applications
March 15, 2012
BPC Banking Technologies, a provider of Open System e-payment solutions for the global financial industry, has announced that IBM has certified as “Ready for…
read nowFree download provides self-evaluation tool for ATM businesses
March 15, 2012
Kahuna ATM Solutions has announced that it is offering IADs and ATM operators a free download of its 10-Point Strategic Profitability Analysis.
read nowSurvey: Men carry more cash than women
March 14, 2012
Women are increasingly passing up the ATM and relying on their debit cards to shop, while men are fonder of old-fashioned paper money, according to the results…
read nowAustralians ditching cash for cards
March 14, 2012
Australians are moving closer to a cashless society, said a news story at abc.net.au. The article included new statistics released by the Reserve Bank showing…
read nowCard use increasing among Indian middle class
March 13, 2012
Bangladesh's 30 million-strong middleclass makes up one-fifth of the population and they are increasingly choosing debit card transactions, said a news report…
read nowEAST publishes European ATM fraud update
March 13, 2012
The European ATM Security Team today announced that it has published its first European Fraud Update for 2012.
read nowUS a magnetic draw for Canadian fraudsters
March 13, 2012
Now that almost all Canadian payment cards have migrated to EMV technology, some in the financial industry are speculating that Canadian skimming activity will…
read nowGeorgia bank to add 200 deposit automation ATMs
March 12, 2012
Synovus Bank, a Georgia-chartered institution operating in five states, today announced that it has invested in 200 new deposit automation ATMs from Wincor…
read nowNew software enables real-time check verification
March 12, 2012
Banks can now verify checks in real-time using FraudOne software from SoftPro, the company announced today. The program's Day 0 deployment option can prevent…
read nowAdd a fee or watch an ad? Aussie IAD could let users choose
March 12, 2012
Australia's largest independent ATM provider is considering going fee-free for customers who are willing to watch an ad during their transaction, said a March…
read nowRussian ATMs say 'nyet' to new banknotes
March 9, 2012
Bank customers across Russia are having their 500- and 5,000-ruble notes spit back at them when they try to feed them into ATMs, said an article at…
read nowAcquisition makes Swedish IAD Nordic region's 2nd biggest
March 9, 2012
Kontanten AB, Sweden’s largest independent ATM operator, today announced its acquisition of ATM Net, Norway’s leading operator of ATMs, from Point. The…
read nowGRGBanking revenue rises 21%
March 9, 2012
ATM business was the key to a significant rise in 2011 revenues for China-based GRG Banking Equipment Co. Ltd. In a recent announcement of its annual financial…
read nowPNC adds advanced ATMs to reduce teller costs
March 9, 2012
In a strategy to reduce operating costs, Pittsburgh-based banking giant PNC Bank is adding more sophisticated ATMs that it hopes will shift customers from the…
read nowWyoming might kill ATM fee cap
March 9, 2012
Wyoming is the only state in the nation that caps automated teller machine fees by law, but it may lose that distinction soon, said an article in the Billings…
read nowMany consumers not ready to adopt mobile banking, says survey
March 8, 2012
Growth in mobile banking and payments is being driven by younger consumers, but most adults are more reluctant to adopt mobile banking, said a survey cited at…
read nowCanadian payment network champions chips for debit fraud reduction
March 8, 2012
Interac debit card fraud losses to financial institutions resulting from skimming have dropped by more than half from a high of $142 million in 2009 to $7…
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