News
3 men face 130 ATM fraud charges in Canada
August 25, 2003
TORONTO -- Three Toronto men are facing more than 130 charges -- including participating in organized crime, possession of stolen credit cards, possession of…
read nowCalif. high school writes off bad checks with ATM
August 25, 2003
SAN DIEGO, Calif. -- An El Cajon high school has installed an ATM after a slew of bounced checks led it to adopt a cash-only policy for the campus…
read nowOki using KAL's software in cash recycling ATM
August 25, 2003
BEIJING -- Oki Electric Industry Co., Ltd. of Japan has selected KAL's XFS-compliant Kalignite software for its new ATM model, the ATM21S, a machine with cash…
read nowATM use grows in Saudi Arabia
August 24, 2003
RIYADH, Saudi Arabia -- Some 15 billion riyals (about $4 billion U.S.) was withdrawn from Saudi Arabian ATMs in May, according to statistics provided by the…
read nowNevada credit union outsources ATM management to eFunds
August 24, 2003
SCOTTSDALE, Ariz. -- WestStar Credit Union, a $140 million Nevada financial institution serving more than 30,000 employees in licensed gaming, has selected…
read nowTop 10 Inventions in Money Technology
August 24, 2003
Last Century's Big Money-Related Innovations
read nowIndia to get national ATM switch
August 24, 2003
MUMBAI, India -- The Institute for Development and Research in Banking Technology (IDRBT), a group established by the Reserve Bank of India (RBI) in 1996, is…
read nowATM fraud on rise in UK
August 24, 2003
LONDON -- The City of London Fraud Squad reported a sharp rise in so-called Lebanese loop fraud, in which thieves use devices to trap ATM users' cards in…
read nowEFTA event to examine impact of debit settlements
August 24, 2003
HERNDON, Va. -- The Electronic Funds Transfer Association (EFTA), a trade group for the electronic payments industry, will host a one-day conference focusing…
read nowInnobeta CEO joins credit union's board
August 21, 2003
SOUTH HACKENSACK, N.J. -- Eric Park, chief executive officer of transaction processor Innobeta Systems, Inc., has been named to the board of directors of…
read nowFiserv adds cross-selling capability to processing software
August 21, 2003
BROOKFIELD, Wis. -- Fiserv, Inc.'s (Nasdaq: FISV) newly acquired Credit Union Industry Group (CUIG) has added a new, integrated cross-selling capability for…
read nowCredit union achieves TDES compliance with Diebold package
August 21, 2003
NORTH CANTON, Ohio -- Diebold, Incorporated (NYSE: DBD) through its relationships with Mosaic Software and Thales e-Security, has successfully installed a…
read nowIt's getting easier to add audio to ATMs
August 20, 2003
The bad news: Triple DES isn't the only regulation impacting ATMs in the near future. The good news: technology advances are making it easier to add audio to…
read nowUFJ 1st Japanese bank to offer 24-hour ATM service
August 20, 2003
TOKYO -- UFJ Bank plans to begin operating 24-hour ATMs in the Tokyo, Nagoya and Osaka metropolitan areas in late September, becoming the first major Japanese…
read nowCo-Op Network white paper examines possible effects of debit settlement
August 20, 2003
ONTARIO, Calif. -- In light of the recent out-of-court settlement in the merchants' lawsuits against MasterCard and Visa, the Co-Op Network has issued a white…
read nowNationwide Money adds Branded Vault Cash program
August 19, 2003
PONTE VEDRA, Fla. -- Global Axcess Corp. (OTC Bulletin Board: GLXS) has introduced a Branded Vault Cash program that it is marketing to financial institutions…
read nowWant coffee with that? Credit union adds ATMs at NY bagel shops
August 19, 2003
ALBANY, N.Y. -- SEFCU (State Employees Federal Credit Union), which has 116,000 members in New York state, is expanding its network of ATMs at 14 Bruegger's…
read nowHeavy equipment still popular tool for ATM break-ins in Japan
August 18, 2003
TOKYO -- More than 60 million yen (about $501,000 U.S.) was stolen from an ATM at a supermarket parking lot in Noda, Chiba Prefecture, on Aug. 16, according to…
read nowHyosung intros bill recycling module for ATMs
August 18, 2003
SEOUL, South Korea -- Nautilus Hyosung has introduced its first Bill Recycling Module (BRM) units, which can be used in ATMs or kiosks.
read nowWachovia converts 4,500 First Union ATMs
August 18, 2003
CHARLOTTE, N.C. -- Wachovia Corp. says it has completed the integration of the systems, products and signs used by the former First Union Corp., including…
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