Bank CEO contends Canadian ATM surcharges make it hard for small banks to compete

March 13, 2003

OTTOWA, Ontario -- Rising ATM surcharges may suppress competition in the Canadian financial services industry, according to a report in the National Post.

Wincor Nixdorf to manage Bank of Ireland's off-site network

March 12, 2003

PADERBORN, Germany -- Wincor Nixdorf will set up and run an off-premises network of ATMs for the Bank of Ireland over the next five years.

Texas credit union is 1st Diebold customer to use Mosaic's Postilion for its ATMs

March 11, 2003

NORTH CANTON, Ohio and DEERFIELD BEACH, Fla. -- Diebold, Incorporated (NYSE: DBD) and Mosaic Software say that Ft. Bliss Federal Credit Union (FCU), a $40…

India's Swadhan network to end ATM sharing in '04

March 11, 2003

MUMBAI, India -- The Swadhan shared payment network service that was created by the Indian Banks' Association (IBA) in 1997 for its member banks to share their…

Two minutes to tax refunds for customers

March 10, 2003

HOUSTON - A check-cashing solution involving an ATM manufacturer, a financial services company, a technology solutions provider and a national tax preparation…

Australia to drop ATM interchange

March 2, 2003

SYDNEY -- The average cost of ATM transactions in Australia is expected to fall with the elimination of ATM interchange fees.

Wells Fargo audio ATMs now bilingual

February 26, 2003

SAN FRANCISCO -- Wells Fargo has added a Spanish language option to more than 2,700 of its ATMs that have audio capability.

Service could have cross-over appeal for ATMs, kiosks

What's good for the ATM is good for the kiosk, and vice versa. Based on this principle, several service companies are seeking to expand their customer bases by…

Japan's FTC investigating ATM charges

February 25, 2003

TOKYO -- Japan's Fair Trade Commission is investigating the nation's top four banks to see if they colluded to level new charges for using ATMs on Saturdays…

Elan signs 8 FIs for processing, other ATM services

February 25, 2003

MINNEAPOLIS, Minn. -- Transaction processor Elan Financial Services recently signed eight financial institutions that will utilize Elan's ATM and debit card…

eFunds wants to boost ATM margins

The financial performance of eFunds' ATM Management business was beset by shrinking margins in 2002. The company wants to reverse that trend in '03 under the…

Chile's BBVA Banco Bhif has ATM expansion plans for '03

February 23, 2003

SANTIAGO, Chile -- Chilean bank BBVA Banco Bhif (NYSE:BB) plans to increase its ATM fleet 40 percent to 50 percent in 2003, to between 145 and 155 units…

PNC is 2nd bank to cancel ATM cards after hacker attack

February 19, 2003

PITTSBURGH, Pa. -- PNC Bank said  it was forced to deactivate some 16,000 of its ATM/debit bearing the Visa logo after being notified by Visa that the cards…

UK's ATM Security Working Group could serve as model for U.S.

Alan Townsend, the London police detective who helped create an ATM Security Working Group with a number of the UK's top independent ATM deployers, says a…

Citizens Bank reissues ATM cards in wake of hacker attack

February 18, 2003

PITTSBURGH, Pa. -- Hundreds of bank customers in Pittsburgh and across the state had their ATM/debit cards canceled after a computer hacker stole some …

Spanish bank orders 140 BANQIT ATMs

February 18, 2003

STOCKHOLM -- Spanish bank BBVA has ordered 140 of BANQIT's new Q-Cash 35 multi-function ATMs.

UK's Office of Fair Trading investigation likely to lead to reduction in ATM interchange

February 16, 2003

LONDON -- The UK's Office of Fair Trading has launched an investigation into interchange rates for ATMs due to concerns the system is anti-competitive.

EDS automates ATM transaction balancing

February 16, 2003

PLANO, Texas -- EDS says that it has automated the daily credit union process for balancing debit card and ATM network transaction totals -- transforming what…

StanChart to add ATMs, branches in India

February 13, 2003

MUMBAI, India -- Standard Chartered, India's largest foreign bank, says it will expand its distribution network and branch footprint across India, with the…

Navy Federal CU adds its ATMs to Co-Op Network

February 13, 2003

ONTARIO, Calif. -- Navy Federal Credit Union, the largest credit union in the world with more than 2 million members and $17 billion in assets, has joined the…