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Bank / Credit Union News & Media

BofA offers surcharge-free ATMs in Mexico

June 17, 2003

CHARLOTTE, N.C. -- Bank of America is offering its cardholders surcharge-free access at 1,770 Mexican ATMs owned by Spanish bank Santander Serfin. BofA…

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Human touch at the ATM -- without the human

NCR's Advanced Solutions team believes that avatars, or 'virtual humans,' can be used to help guide users through new and more complex transactions.

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Getting exclusive with ATM sales territories

NexTran wants to put itself on the retail ATM map by using a concept popular in other sales-oriented industries -- the exclusive territory. NexTran, a…

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NAB to pull most of its ATMs from gambling venues

June 9, 2003

MELBOURNE, Australia -- Concerns about problem gambling have led the National Australia Bank to withdraw nearly all its ATMs from gambling venues by Oct. 1…

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New ATM security regs PIN it on the pad

In the past, ATM vendors didn't pay much attention to the PIN pad. That's all changed, however, due to increased concerns over PIN security and the approaching…

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ATM cash recycling clears regulatory hurdles

While cash recycling systems have been around for several years, regulations concerning the handling of counterfeit notes have held them back in some parts of…

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Russian card base, ATM use growing -- but lag behind other countries

June 1, 2003

MOSCOW -- Bank card use in Russia has skyrocketed in the past year, but analysts say that Russians still rely heavily on cash.

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Co-Op Network gets more global, with UN its newest member

May 29, 2003

ONTARIO, Calif. -- United Nations Federal Credit Union, (UNFCU), with a worldwide membership consisting of staff from the UN and its agencies, UN retirees and…

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ATMIA criticizes Australian council's plan to tax ATMs

May 28, 2003

BROOKINGS, S.D. -- The ATM Industry Association (ATMIA) criticized plans by Australia's Bathurst City Council to implement a footpath rental charge for certain…

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Supreme Court refuses to hear ATM surcharge case

May 27, 2003

SAN FRANCISCO -- Efforts by two California cities to outlaw ATM fee surcharges ended with the Supreme Court's refusal to consider an appeal from San Francisco…

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A day in the life of an ATM service technician

What makes an ATM service technician tick? Our editor tags along on an ATM installation in an effort to find out.

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NCR signs deals with 2 Chinese banks

May 22, 2003

BEIJING -- NCR Corporation (NYSE: NCR) has won two deals with Bank of Communications and Agricultural Credit Union Bank in China with a combined value of more…

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ATM industry largely indifferent to idea of new OS

Linux, a scaled-down version of the Unix operating system created by Finnish programmer Linus Torvalds in 1991, is making great gains in the server and desktop…

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ISOs getting brand conscious

When it comes to ATMs, ISOs and financial institutions generally take separate paths. Profit drives ISO programs, while customer service is the main motivation…

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ATM wraps redux?

Is it the right time to revive the ATM advertising wrap? A New York media company thinks so. The company, Alternative Display Systems, has filled a database…

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Host security module maker targets credit unions with marketing alliance

May 12, 2003

ROCKLIN, Calif. -- Futurex, Inc., a provider of payment security products for the financial industry, has formed a strategic alliance with XP Systems, a unit…

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Japan's ATM-only IYBank still not in the black

May 11, 2003

TOKYO -- IYBank, the branch-free bank that offers services via its 24-hour ATM network, reported a net loss of 8.1 billion yen (about $69.3 million U.S.) in…

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Euronet gets go-ahead for shared ATM network in India

May 8, 2003

MUMBAI, India -- Reserve Bank of India has accelerated the race for the creation of shared ATM networks by allowing the first independent private sector…

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In Canada, complaints related to ATM fees up

May 7, 2003

OTTAWA, Ontario -- The Financial Consumer Agency of Canada (FCAC) received 1,146 complaints and inquiries relating to bank fees from January through March…

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NCR's ImageMark reduces Fleet's manual entry of ATM deposits

May 6, 2003

DAYTON, Ohio -- FleetBoston Financial (NYSE:FBF) has completed the initial conversion of two processing sites for envelopes deposited in ATMs located in…

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