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Bank / Credit Union News & Media

Japanese bank, insurer team to offer loan services at ATMs

January 14, 2002

TOKYO - The Bank of Tokyo-Mitsubishi (BTM) and Meiji Life Insurance Co have teamed up on ATM-related services, with an alliance that will allow Meiji Life's…

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IYBank ATMs go 24/7

January 13, 2002

TOKYO - IYBank, the new banking unit of Ito-Yokado Co. Ltd., Japan's largest retail group, has begun 24-hour ATM services. The new bank hopes to carve out a…

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Skylight, U.S. Bank expand '"unbanked'" program

January 13, 2002

ATLANTA - Following the completion of a successful trial in the eastern United States, payment card provider Skylight Corp. and US Bank, N.A., on Jan. 1…

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Moody's upgrades Indian bank

January 13, 2002

MUMBAI, India - ICICI Ltd. (NYSE:IC), the parent company of ICICI Bank, which operates one of the largest private ATM networks in India, has been given a vote…

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U.S. Bancorp announces merger-related job cuts

January 10, 2002

MINNEAPOLIS -- U.S. Bancorp said it is eliminating about 2,500 jobs as a result of its merger with Firstar Corp., but said some people would be transferred to…

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Japan's Asahi Bank may end ATM sharing

January 10, 2002

TOKYO - Japan's Asahi Bank is considering ending its ATM sharing deal with Sanwa Bank Ltd and Tokai Bank Ltd, according to Reuters news service. Under the…

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Citibank installs 1st talking ATMs in NY; part of bigger plan

January 10, 2002

NEW YORK -- Citibank has installed New York's first five talking ATMs. The machines, using text-to-speech technology, deliver audible information privately…

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Royal Bank of Canada gets Fed approval to acquire Centura

January 9, 2002

TORONTO -- Royal Bank of Canada (TSE,NYSE: RY) announced today that it has received the required regulatory approvals from the Board of Governors of the…

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Partners part of Fujitsu strategy

January 9, 2002

Fujitsu's business partners make the introductions for the Japanese manufacturer at small to mid-size financial institutions.

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SunTrust sues over Wachovia, First Union merger

January 8, 2002

ATLANTA -- SunTrust Banks Inc. filed a lawsuit on May 23, seeking to nullify an agreement between Wachovia Corp. and First Union Corp. requiring a huge…

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Five big banks form Global ATM Alliance

January 8, 2002

CHARLOTTE, N.C. -- Five of the world's largest financial institutions -- Bank of America, Barclays, Deutsche Bank, Scotiabank and Westpac -- have launched the…

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One great union

January 8, 2002

The Co-Op Network, the country's largest network of credit union ATMs, is more than doubling its number of machines in a deal with Access Cash International…

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ATMs Down Under

January 8, 2002

Australia seems poised to follow in the ATM footsteps of the U.S., Canada and the UK and institute a change in its fee structure. As it has elsewhere, this is…

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Fighting Fraud

January 8, 2002

Advances in technology have provided crimefighters with a wide range of tools to combat ATM fraud, but keeping up with the bad guys is an ongoing challenge.

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Chilean ATM market heats up

January 8, 2002

Chile is this year's hot spot for ATM activity in Latin America, as the country's two ATM systems, Redbanc and Globalnet, angle to make a connection.

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Amicus expands supermarket banking presence with Royal Ahold deal

January 7, 2002

CANADA -- Dutch grocery conglomerate Royal Ahold, which owns several U.S. supermarket chains, has inked a deal with Amicus Financial, the electronic banking…

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PNC to deploy ATMs at Quick Chek stores

January 7, 2002

PITTSBURGH -- PNC Bank, a member of The PNC Financial Services Group (NYSC: PNC), has entered into an agreement with Quick Chek, a convenience store chain with…

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First Hawaiian Bank to acquire Union Bank of California's branch network in Guam and Saipan

January 7, 2002

HAGATNA, Guam - First Hawaiian Bank, a subsidiary of BancWest Corporation (NYSE:BWE), has signed an agreement to acquire Union Bank of California's branch…

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Fred Spratlin named chairman of PULSE board of directors

January 7, 2002

HOUSTON - Fred Spratlin, senior vice president and manager of Electronic Banking for First Tennessee Bank, has been named chairman of the PULSE EFT…

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Wells Fargo to launch money transfer service

January 7, 2002

SAN FRANCISCO -- Wells Fargo & Co. plans to introduce a wire transfer service this month that will let people in the U.S. transfer up to $1,000 to their…

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