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EFT megamerger may impact ATM fees

April 2, 2003

NEW YORK -- Soon after confirmation came that Greenwood Village, Colo.-based First Data Corp., the world's biggest credit card processor and owner of Western…

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Innobeta processes five millionth ATM transaction

April 2, 2003

SOUTH HACKENSACK, N.J. -- Innobeta Systems, Inc., says that it recently processed its five millionth ATM transaction, just nine months after going live on June…

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ATM company gets new name, direction

April 1, 2003

Not all ISOs are trying to grow through consolidation. Financial Technologies, newly renamed FTI, is adding a new terminal and several new transactions to its…

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No joke -- Visa, MasterCard going to trial on antitrust charges

April 1, 2003

NEW YORK -- A New York judge on April 1 denied a motion by Visa and MasterCard seeking to throw out the antitrust lawsuit brought by Wal-Mart Stores Inc.

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First Data, Concord reach terms for acquisition

April 1, 2003

NEW YORK -- As expected, First Data Corp. (NYSE: FDC) and Concord EFS, Inc. (NYSE: CE) say they will merge in an all-stock transaction valued at approximately…

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New network offering surcharge-free ATM access

April 1, 2003

WASHINGTON -- Pentagon Federal Credit Union, the nation's third largest credit union with $5 billion in assets and 500,000 members, has become one of the first…

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U.S. Bank installs 1st Diebold Opteva ATM

April 1, 2003

NORTH CANTON, Ohio -- U.S. Bank has installed the first live unit of Diebold's (NYSE: DBD) first new ATM model in 15 years, which the manufacturer introduced…

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Processor caps year of growth in Canadian ATM market

March 31, 2003

TORONTO -- Transaction processor TNS Smart Network Inc. says that it now provides processing for 5,000 ATMs in Canada.

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NY Times: Concord deal close, First Data the buyer

March 31, 2003

MEMPHIS, Tenn. -- First Data Corporation is close to acquiring Concord EFS Inc., according to a New York Times report.

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e-ClassicSystems promotes Miniutti to SVP

March 31, 2003

NORWOOD, Mass. -- e-ClassicSystems, Inc., developer of the ATM Manager Pro ATM management software, has appointed Paul Miniutti senior vice president of the…

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Canadian ATM operator/processor Datawest reports profitable 4Q

March 31, 2003

VANCOUVER, British Columbia -- Datawest Solutions Inc. (TSX: DS), a Canadian transaction processor and ATM operator, reported net income of $4.2 million (about…

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BANQIT to supply ATMs to leading Swedish bank

March 30, 2003

STOCKHOLM -- SEB, a leading commercial bank with 670 branches in Sweden, Germany and the Baltic states, has signed an agreement with Swedish ATM manufacturer…

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New Barclays ATMs are easy on the eyes

March 30, 2003

LONDON -- Barclays says it is installing nearly 2,000 ATMs with sunlight-readable monitors after customers complained about not being able to read ATM screens…

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Another BofA vet in key ATM role at eFunds

March 30, 2003

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS), has hired David McCrary as its vice president of national sales for its ATM Solutions business line.

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Evidence suppressed in S. African case; Diner's Club alleges businessman part of ATM scam

March 30, 2003

DURBAN, South Africa -- International academics are outraged about a court order preventing the media or any witnesses from publicly exposing the computerized…

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Former cops face charges in La. ATM thefts

March 27, 2003

SHREVEPORT, La. -- Two former policemen were indicted on March 27 on charges that they plotted to steal money from ATMs.

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Tranax says all new ATM hardware, software is TDES compliant

March 27, 2003

FREMONT, Calif. -- Tranax Technologies says that all of its ATMs now available for shipment, including the Nano Cash, are fully compliant with Triple DES…

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Hip-hop mogul's latest venture is prepaid card

March 26, 2003

NEW YORK -- It's surprising the folks who are getting into prepaid debit cards these days.   Case in point: hip-hop mogul Russell Simmons, founder of Def Jam…

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ISO giving away money at ATMs

March 26, 2003

HOUSTON -- Giving away money may sound like a crazy way for an ISO to conduct its business.

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Nasdaq delists Tidel stock

March 25, 2003

HOUSTON -- The stock of Tidel Technologies, Inc. (Nasdaq: ATMSE) has been delistedfrom the Nasdaq SmallCap Market.

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