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Bank / Credit Union News & Media

China nears 470 million mark in bank cards issued

December 11, 2002

SHANGHAI -- China's banking sector has issued 469 million bank cards since first issued in 1985, according to AsiaPulse.

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Euronet signs deal with Poland bank

December 11, 2002

LEAWOOD, Kan. -- Euronet Worldwide Inc. (Nasdaq: EEFT) has signed a long-term ATM network participation agreement with Bank Przemyslowo-Handlowy PBK, Poland's…

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Banqit sells 30 ATMs to Qatar Islamic Bank

December 10, 2002

STOCKHOLM -- Qatar Islamic Bank has purchased 30 ATMs from Swedish manufacturer Banqit, according to a news release.

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Mosaic Software, EDS Israel to supply Israel bank with new EFT switch

December 9, 2002

LONDON -- Mosaic Software has contracted with EDS Israel to supply First International Bank of Israel (FIBI) with a new EFT switch for its ATM network…

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Money Transfer: From One ATM to Another

December 9, 2002

An ATM-to-ATM cash-transfer service theoretically could attract millions more users to the machines. The service also could draw financial institutions into a…

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Japan's banks look forward to ATM advertising

December 8, 2002

TOKYO -- Japan's Financial Services Agency (FSA) is expected to allow banks to launch some non-banking services, including carrying other firms' ads on their…

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State Bank of India on verge of opening its ATM network

December 5, 2002

CHENNAI, India -- The State Bank of India (SBI) is considering linking its ATM network to those of other Indian banks, according to a report in The Financial…

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Another Australian council considering ATM tax

December 2, 2002

SYDNEY -- Another Australian council is considering charging banks "rent" for ATM users who wait on public footpaths to use an ATM.

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CBA of Georgia endorses Pulse

November 26, 2002

ATLANTA -- The Community Bankers Association (CBA) of Georgia, which is is comprised of more than 300 of Georgia's independently owned community banks, has…

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Use an ATM and you could win, in African bank's promotion

November 26, 2002

KAMPALA, Uganda -- Crane Bank hopes to get more than 50,000 new customers to open Crane Access accounts, which feature an ATM card as a prominent benefit, by…

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U.S. Bank to add ATMs, other banking services at San Diego State

November 26, 2002

SAN DIEGO, Calif. -- U.S. Bank will add banking services to San Diego State University's SDSU Card, which provides official identification and a variety of…

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Euronet gets outsourcing, recharge contracts in India

November 24, 2002

LEAWOOD, Kan. and MUMBAI, India -- Euronet Worldwide, Inc. (Nasdaq: EEFT) says that it is entering the India market with a multi-year ATM outsourcing agreement…

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Sovereign's accessibility plan includes "talking" ATMs

November 21, 2002

BOSTON -- Sovereign Bank is the latest financial institution to announce a plan to install talking ATMs. In addition to installing the ATMs, Sovereign intends…

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ATMs expected to be key part of Singapore's new trade agreement

November 20, 2002

SINGAPORE -- American banks will gain greater access to Singapore's retail banking sector under the terms of the Free Trade Agreement (FTA) thrashed out this…

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More Indian banks agree to share ATMs

November 19, 2002

MUMBAI, India -- UTI Bank and Karur Vysya Bank have signed a memorandum of understanding for sharing ATMs in India, the third such arrangement by the former…

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CIBC shuts down U.S. supermarket banking

November 17, 2002

TORONTO -- Canadian Imperial Bank of Commerce (CIBC) says it is closing its U.S. electronic banking operations, CIBC National Bank and Amicus FSB, subject to…

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ATM surcharges, foreign fees rise

November 7, 2002

NORTH PALM BEACH, Fla. -- According to Bankrate.com, which researches bank fees every 6 months, the average surcharge levied by traditional banks when…

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Qatar Islamic Bank expands its ATM network

November 6, 2002

QATAR-- Qatar Islamic Bank (QIB) and NCR Corporation are partnering to deploy an ATM network in then tiny Arab country.

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Nextran targeting credit unions

by

November 3, 2002

With retailers, transaction processors and others jumping into the deployment fray along with the more traditional banks and ISOs, it's hard to believe that…

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Australian City Council considering ATM tax

November 3, 2002

SYDNEY -- The Bathurst City Council is considering a plan to charge every bank, credit union and building society $5,000 a year for any ATM which is accessed…

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