Want a more efficient ATM fleet? Try following 'protocol'

by

July 12, 2004

Despite the Web-enabled possibilities of new-generation ATMs, most machines communicate like it's 1975. A majority still use 30-year-old networking protocols…

Merger mania means ATMs must look 'brand new'

by

July 12, 2004

Fleet and Bank of America. Chase and Bank One. Merger mania is a fact of life in the banking industry.

Banks offer members reciprocal access in Malaysia, Indonesia

July 12, 2004

MALAYSIA - Electronic Payment System Sdn Bhd (MEPS) has teamed up with PT Artajasa, its Indonesian counterpart, to provide cross-border automated teller…

Financial services help c-store chains increase profits in Japan

July 12, 2004

Japan's two largest convenience store chains, Seven-Eleven Japan Co. and Lawson Inc., reported profit gains for the three months ended May 31 aided by the…

Chinese bank orders Wincor Nixdorf ATMs

July 12, 2004

PEKING, China - Agriculture Bank of China, one of the four largest state-owned commercial banks in China, has awarded Wincor Nixdorf an order for up to 50…

BofA to create credit card giant with purchase of National Processing

July 12, 2004

CHARLOTTE, N.C. - Bank of America has signed a definitive agreement to purchase all outstanding shares of National Processing Inc. (NYSE: NAP) for $1.4 billion…

Credit Union is first in U.S. to use NCR's image-based deposit technology

July 11, 2004

DAYTON, Ohio - Illinois-based Baxter Credit Union is among the first credit unions in the U.S. to utilize NCR Corporation's (NYSE: NCR) imaged-based "No…

Processor is reseller of Key's agent bank ATM program

July 8, 2004

SEATTLE - Seattle-based Pemco Technology Services Inc. has signed a deal with KeyCorp to market Key's agent bank program to its customer credit unions and…

First Data loses Chase credit card processing

July 7, 2004

DENVER - First Data Corp. (NYSE: FDC) says that it has been notified by JPMorgan Chase of its intention to move its card processing business from the First…

Another step toward audio ATMs

July 6, 2004

The Office of Management and Budget on June 25 approved for publication a set of revised guidelines for the Americans with Disabilities Act -- including a…

Hanco sues Bank of Ireland over cancelled ATM deal

July 6, 2004

DUBLIN - Bank of Ireland has been sued by Hanco ATM International, an Ireland-based independent ATM operator which alleges that the bank reneged on an ATM…

Texas credit unions form ATM alliance

July 6, 2004

AUSTIN, Texas - Several local credit unions have signed agreements to share their ATM networks around Central Texas as a way to compete against banks.

Getting personal at the ATM

While the ATM is a highly efficient and convenient delivery channel, it doesn't elicit a lot of warm-and-fuzzy reactions from users. But that could change. ATM…

British bank asks customers to limit ATM usage

July 5, 2004

LONDON - First Direct, an online British bank, is asking its customers to reduce their ATM usage to help combat soaring card fraud.

Forging Your Bank's Link in the New Currency Supply Chain

June 30, 2004

Today's currency supply chain is in a state of sustained change. According to Carreker, all FIs will feel the effect of the supply chain's breaking and…

As tech and regulations change, who should drive your ATM?

by Sherry Yang

June 29, 2004

Financial institutions evaluating whether they want to drive their own ATMs or outsource that function to a third party tend to focus on two "C"s - cost and…

ATM urban legends rare, wacky

by Sherry Yang

June 29, 2004

Urban legends about ATMs are just about as rare as razor blades in Halloween apples.

Remote key distribution may improve compliance rates, security

by Sherry Yang

June 29, 2004

Trying to improve PIN security, EFT networks require their members to use a unique encryption key for each ATM. While the requirement has been ignored by some…

CASE STUDY: ABSA chooses Transoft's OptiCash system

June 29, 2004

When ABSA needed a centralized currency management system, it turned to Transoft for a solution. Read about ABSA's challenge and Transoft's solution in this…

Citibank hopes incorporation will give it access to Singapore ATMs

June 28, 2004

SINGAPORE - Citibank plans to spend S$1.5 billion (U.S. $874 million) to set up a wholly owned subsidiary in Singapore and gain an advantage over other foreign…