Bank / Credit Union News & Media
Check 21 passes House, could boost use of imaging technology at ATMs
January 26, 2004
CHARLOTTE, N.C. -- Pete Frank, head of Wachovia Corp.'s check-processing operations, is heartened by the recent House passage of the Check 21 Act.
read nowNational network troubles impact Japan's ATMs
January 26, 2004
TOKYO - Japan's banks were hit on Jan. 26 by failures in the new national ATM network.
read nowRoyal Bank adding more Esso ATM locations
January 25, 2004
TORONTO - Royal Bank of Canada recently installed its 500th RBC Royal Bank ATM at an Esso retail site in Oakville, Ontario.
read nowPassage of Check 21 advances idea of check imaging at ATM
January 24, 2004
Both the House and the Senate recently approved legislation that may dramatically alter the way financial institutions process checks.
read nowCo-Op Network adds ATMs, members, transactions in '03
January 20, 2004
ONTARIO, Calif. - The Co-Op Network's transaction volume reached 826 million in 2003, a 29 percent increase from the previous benchmark set in 2002.
read nowIndian region gets 1st drive-up ATM
January 18, 2004
HYDERABAD, India - The State Bank of India (SBI) is introducing the region's first drive-up ATM at the bank's main branch in Koti, according to a Times of…
read nowJapanese banks experiment with increasing ATM hours
January 18, 2004
TOKYO - Round-the-clock ATM service could become more commonplace in Japan in the near future, according to a report in Japan Times.
read nowAnother bank megamerger: Morgan Chase buying Bank One
January 14, 2004
CHICAGO - Bank One Corp. will be purchased by New York-based J.P. Morgan Chase & Co. for about $55.1 billion in stock.
read nowIBM to supply 600 Wincor Nixdorf ATMs to Desjardins Group
January 13, 2004
MONTREAL - Desjardins Group has signed an agreement valued at $20 million with IBM Canada Ltd. to modernize its ATM network to provide new financial services…
read nowBank of China signs $36M deal with NCR
January 12, 2004
BEIJING - NCR Corporation (NYSE: NCR) has signed a contract worth $36 million with the Bank of China, the majority of the bank's financial self-service…
read nowRise in ATM usage benefits banks' bottom lines in El Salvador
January 8, 2004
EL SALVADOR - El Salvador's banks expect fee income to have risen in 2003 compared to the previous year because more residents are using electronic banking…
read nowNational City making $30M ATM investment
January 7, 2004
CLEVELAND, Ohio - National City Corporation will spend $30 million to replace or upgrade its network of 1,580 ATMs during the next 30 months, according to a…
read nowConcerns about payroll cards grow along with popularity
January 7, 2004
WASHINGTON, D.C. - Introduced in the late 1990s, the popularity of payroll cards has grown in the past two years, especially as Visa and MasterCard started…
read nowWashington Bankers endorses Concord, Star
January 6, 2004
SEATTLE, Wash. - WBA Professional Services, Inc. (PROS) has selected Concord EFS and its Star network, as its preferred provider for EFT processing, ATM…
read nowBank of Ireland's retail ATMs a hit with users
January 5, 2004
DUBLIN, Ireland - €400m (U.S. $496 million) has been dispensed through Bank of Ireland's (BoI) retail ATM network since its launch in February 2003.According…
read noweFunds' ATM branding program continues to grow
January 5, 2004
SCOTTSDALE, Ariz. - eFunds Corporation (NYSE: EFD), says that the recent addition of California's North Valley Bank Corporation to its ATM branding program…
read nowChina changes interchange rules
December 30, 2003
SHANGHAI - China's central bank has passed a new rule on bank card commission fees, and will cut the total charges on each cross-bank withdrawal via ATMs from…
read nowState Bank of India floats idea of ATM on a boat
December 29, 2003
KERALA, India - The State Bank of India is set to launch a floating ATM on a boat in Kerala. SBI officials say the floating machine will take banking to the…
read nowBig ATM on campus
December 28, 2003
NOVA Savings Bank hopes that offering advanced ATM functionality at Villanova University may help it displace the school's incumbent ATM provider.
read nowATM withdrawal limits up in Zimbabwe prior to holidays
December 21, 2003
HARARE, Zimbabwe - A number of commercial banks have increased their maximum withdrawal limits on ATMs ahead of the holidays, according to a report in the…
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