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NACHA council reorganizes, names new officers

May 12, 2005

HERNDON, Va. - The Electronic Benefits and Services Council of NACHA, The Electronic Payments Association will mark its 10th anniversary by reorganizing to…

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TNS acquires FusionPoint

May 12, 2005

RESTON, Va. - Transaction Network Services Inc., which provides business-critical network and data communications services for transaction-oriented…

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Swipe USA's founder talks on the future of money

May 11, 2005

BERKELEY, Calif. - Industry leaders in music, media, marketing and merchandising gathered at U.C. Berkeley May 4 for the second Future-M panel, hosted by VSC…

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British TV targets sporting audience at the ATM

May 11, 2005

NEWPORT-ON-TAY, Scotland - British Eurosport is the first TV broadcaster to use the ATM:ad medium for an advertising campaign targeting viewers outside its…

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Commercial check clearing volume expected to drop

May 11, 2005

WASHINGTON, D.C. - The Federal Reserve System predicts that its commercial check clearing volume will fall by 15 percent in 2005, coming on the heels of a 1…

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BREAKING: U.S. bank buys Genpass

May 10, 2005

MINNEAPOLIS and IRVING, Texas - U.S. Bank, a subsidiary of U.S. Bancorp (NYSE: USB), announced its purchase of Genpass Inc. May 10.   The sale includes Fort…

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Banking segment revenue improves at NetBank

May 10, 2005

ATLANTA - NetBank Inc. (Nasdaq: NTBK), a diversified financial services provider, reported financial results for the first quarter of 2005 May 4.

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Breaking: U.S. Bank buys Genpass

May 10, 2005

MINNEAPOLIS and IRVING, Texas - U.S. Bank, a subsidiary of U.S. Bancorp (NYSE: USB), announced its purchase of Genpass Inc. May 10.

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Level Four releases ATM testing solution

May 10, 2005

Finextra.com: Level Four Software, which provides ATM testing and development software, has launched ATM TrueTest, a standalone harness to test Windows-based…

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Man pleads 'not guilty' in ATM theft scheme

May 10, 2005

Associated Press: A Romanian national with alleged ties to Russian organized crime has been ordered held on $2 million bail after being accused of leading an…

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First Data signs processing deal with Belize bank

May 10, 2005

BELIZE CITY, Belize - First Data Corp, an electronic-commerce and payment-services provider, signed a payment-processing agreement with Provident Bank &…

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Credit union network grows 35% since '04

May 9, 2005

TALLAHASSEE, Fla. - The Credit Union 24 Network hit record-setting growth figures for 2004, according to a news release. New participants and expanded…

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NCR adds security consultancy service

May 9, 2005

DAYTON, Ohio - NCR Corp. has released a response to fight ATM fraud, according to a news release.

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Paragon inks deal in Middle East

May 9, 2005

HOLLY SPRINGS, N.C. - The Shared Electronic Banking Services Co. (KNET) - Kuwait's EFT national switch and a leading payments processor in the Gulf…

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New Zealanders are giving up the green

May 9, 2005

The National Business Review: New Zealand consumers are well on their way to making cashless transactions, according to a KPMG, a professional service firm…

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CIT releases electronic check-image endorsement solution

May 8, 2005

LAS VEGAS - Cheq Information Technology Inc. released StencilFont, an image-endorsement software package for financial institutions and commercial…

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Barclays buys into South African market

May 8, 2005

The Sunday Business Post: Barclays announced a full-scale return to South Africa after confirming it would pay £2.9 billion (U.S. $5.5 billion) for a 6…

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Bold thieves build their own ATM

May 8, 2005

Reuters UK: Audacious thieves in Romania have constructed a complete ATM, minus the cash box, to steal account details, banking officials said.

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eFunds' 1Q earnings reflect growth in EFT processing, outsourcing

May 8, 2005

SCOTTSDALE, Ariz.- eFunds Corp. reported first quarter net revenue of $114.2 million, an 8 percent increase from Q1 2004, according to a news release.

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Wincor's automated postal center takes top honors at KioskCom.com

May 8, 2005

AUSTIN, Texas - The U.S. Postal Service won three first place awards at the KioskCom.com Interactive Kiosk Excellence Awards ceremony in Las Vegas last month…

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