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Bank / Credit Union News & Media

Report: 9 of 10 Japanese banks reduce ATM withdrawal caps

June 19, 2005

Asahi.com: More than 90 percent of Japanese banks have either lowered or plan to lower the daily limits on the amount of money that can be withdrawn from ATMs…

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Inetco provides encryption to wireless ATMs

June 16, 2005

BURNABY, British Columbia - Inetco Systems Ltd., which provides ATM and POS connectivity solutions, is providing Triple DES encryption to wireless ATMs.

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ATM surcharges benefit consumers

June 16, 2005

eMaxHealth: Two economists, who conducted a study about consumer welfare and ATMs, found that ATM surcharges actually benefit consumers living in big cities.

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FastFunds to acquire interest in Coast ATM

June 16, 2005

The Minneapolis/St. Paul Business Journal: FastFunds Financial Corp. has signed a non-binding letter of intent to acquire a majority interest in Coast ATM…

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Frandsen Financial signs technology deal with Fiserv

June 16, 2005

LINCOLN, Neb. - Arden Hills, Minn.-based Frandsen Financial Corp., an $850 million holding company, has named Information Technology Inc., a division of Fiserv…

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ACI supports Network International in EMV migration

June 16, 2005

WATFORD, England - ACI Worldwide, an international provider of enterprise e-payment solutions, has licensed ACI Smart Chip Manager to Network International, a…

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ATMIA launches education, development foundation

June 15, 2005

CAPE TOWN, South Africa and BROOKINGS, S.D. - The ATM Industry Association announced the establishment of a non-profit education and development foundation…

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Philadelphia lawmaker wants 911 buttons on ATMs

June 15, 2005

WPVI-TV: Philadelphia city councilwoman Donna Reed Miller has introduced an ordinance that would require a 911 emergency service button on outdoor ATMs.

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BofA set for massive computer switch

June 15, 2005

Boston Herald: Bank of America will attempt to switch 2 million former Fleet Bank accounts across New England to new computer systems this weekend. The…

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Co-Op Network names new CEO

June 15, 2005

ONTARIO, Calif. - Stanley C. Hollen has been named chief executive of Co-Op Network, according to a June 16 news release.

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Are smart cards the key to the biometrics solution?

by

June 14, 2005

In 'Back to the future: Biometrics revisited,' we explored the potential use of biometrics at ATMs as well as challenges that stand in the way. Here is a look…

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Report: Smaller institutions targets of 'puddle phishing'

June 14, 2005

SAN DIEGO - Websense Inc., a provider of employee Internet management solutions, announced June 14 in a news release that phishing scams are increasingly being…

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Efmark signs servicing deal with Fiserv

June 14, 2005

WESTMONT, Ill. - Efmark Premium Armored, the largest independent in the United States that focuses solely on servicing ATMs, signed an agreement with Fiserv…

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Fiserv acquires Interactive Technologies Inc.

June 14, 2005

BROOKFIELD, Wis. - Fiserv Inc. acquired Summit, N.J.-based Interactive Technologies Inc., a developer of fee-management and billing software for large and…

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Dubai bank launches payroll card

June 13, 2005

AME Info: National Bank of Dubai announced June 14 the launch of the NBDirect payroll card, a first of its kind in the United Arab Emirates. Offered as a…

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Brinks terminates Bank of Ireland contract amid ATM robbery fears

June 12, 2005

Business World: Brinks Allied announced June 13 that it has terminated its contract with Bank of Ireland for cash deliveries to off-site ATMs because of the…

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EMV: When will it hit the United States?

by Tracy Kitten — Editor, AMC

June 10, 2005

As the rest of the world shifts toward the Europay/MasterCard/Visa standard, the United States is casually waiting by the sidelines. But some experts predict…

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First Data expands presence in Eastern Europe, Holland

June 9, 2005

LONDON - First Data Corp., an international provider of electronic commerce and payment services, has agreed to acquire EuroProcessing International, a leading…

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New York bank branch, ATM make house calls

June 8, 2005

New York Daily News: A Queens, N.Y.-based bank is rolling out its newest "branch": a 40-foot-long vehicle equipped with interior and exterior teller windows…

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Illinois pol touts ATM security software

June 8, 2005

Rockford Register Star: A Rockford, Ill., lawmaker is pushing for a law requiring banks to use software designed to thwart ATM robberies. The software enables…

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