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Innovation News & Media

Arizona lawmakers debating check-cashing fees, assessed at ATMs or elsewhere

February 25, 2003

PHOENIX, Ariz. -- Arizona lawmakers are considering a bill that would allow day-labor companies to provide check-cashing services to their workers if they…

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Euronet expands prepaid business with acquisition of UK processor

February 18, 2003

LEAWOOD, KANSAS -- Euronet Worldwide, Inc. (Nasdaq: EEFT) has signed an agreement to acquire UK-based e-pay Ltd., the largest electronic payments processor of…

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7-Eleven CEO predicts Vcom payoff by 2004

February 5, 2003

DALLAS -- The chief executive of 7-Eleven expects the company to begin reaping financial rewards from its Vcom program by 2004, according to an interview he…

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CashWorks gets $5M in funding to grow check cashing program

February 3, 2003

DALLAS -- CashWorks Inc., a provider of technology solutions for the non-bank financial services industry, has completed its B round of funding, raising more…

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Wincor World shows the latest self-service apps

Hosted by German ATM manufacturer Wincor Nixdorf, the recent Wincor World event drew some 7,000 people from 40 countries to see the latest developments in…

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7-Eleven chooses partner for stored value cards

February 2, 2003

DALLAS -- 7-Eleven, Inc. (NYSE: SE) and Alliance Data Systems Corp. (NYSE: ADS), a provider of transaction, marketing and credit services, are teaming to offer…

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Ace uses KAL software for automated check cashing

January 30, 2003

EDINBURGH, United Kingdom -- Ace Cash Express, Inc. (NASDAQ:AACE), a Texas-based check-cashing chain, recently deployed more than 270 self-service machines…

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RemoteTeller beats ATM in personality contest

by

January 30, 2003

It's more personal than an ATM, but more cost effective than a teller station. Diebold promotes its RemoteTeller system as a bridge between the two types of…

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Wincor AutoTell's new software is for Web enabling ATMs

January 27, 2003

AUSTIN, Texas -- Wincor AutoTell, a majority-owned subsidiary of ATM manufacturer Wincor Nixdorf, has introduced ATWeb, a multi-vendor Web-enabling software…

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New ATM security, communications options at Wincor World

January 27, 2003

PADERBORN, Germany -- At Wincor World 2003, ATM manufacturer Wincor Nixdorf is showing an anti-fraud device that offers protection against ATM manipulation by…

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Greenland sells controlling interest in effort to market check-cashing kiosk

January 21, 2003

SAN DIEGO, Calif. -- Greenland Corporation (OTC Bulletin Board: GRLC) has completed its sale of controlling interest in Greenland to Imaging Technologies…

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Can small change make big impact at ATM?

January 14, 2003

While most efforts to re-engineer ATM deposits have focused on check imaging, a few financial institutions and vendors are experimenting with coin acceptance…

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Hong Kong considers allowing investors to buy stocks, bonds at ATMs

January 13, 2003

HONG KONG -- Small and medium-sized brokerages are bracing for a fresh round of consolidation if the government goes ahead with a plan allowing investors to…

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Asia-Pac is leading EMV adoption

January 9, 2003

KUALA LUMPUR, Malaysia -- Asia-Pacific is leading the way in migration to Europay-MasterCard-Visa (EMV) chip cards, according to a report in e-media.

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Hyosung in deal to add biometrics to some of its ATMs

January 2, 2003

SAN FRANCISCO -- Hunno Technologies Inc. (OTCBB:HUNN) says that its South Korean subsidiary, a developer of fingerprint recognition technology, has begun a…

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Prepaid top-ups added to 69 Coinstar kiosks for pilot

December 30, 2002

WEST CHESTER, Pa. -- MEI says that its cash acceptor is being used in 69 Coinstar coin-counting kiosks that have been retrofitted with technology that enables…

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WFS to launch check imaging pilots in 1Q 2003

December 22, 2002

MOSINEE, Wis. -- Wausau Financial Systems (WFS), along with Zions Management Services Company (ZMSC), EDS, and the Western Payments Alliance (WesPay), are…

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Improving ATM deposits

Is getting rid of envelopes better than pushing them? When it comes to ATM deposits, a handful of bank ATM owners and vendors are trying to prove that...

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Consumer advocates question offering insurance at kiosks

December 16, 2002

DALLAS -- Consumer advocates and some insurance industry executives are questioning 7-Eleven's decision to offer auto insurance via its Vcom kiosks, according…

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Bank One first to connect ATMs, back-office check image processing system

December 15, 2002

DAYTON, Ohio --  Bank One Corporation (NYSE: ONE) is rolling out 10 of NCR Corporation's (NYSE: NCR) Personas ATMs equipped with check-imaging modules and…

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