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Bank / Credit Union News & Media

Brink's to revamp Netherlands ops after losing major customer

October 21, 2014

As it winds up its ATM servicing relationship with Rabobank, Brinks is contemplating the closure of three facilities and the downsizing of its workforce by…

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Apple Pay: A short-term plan for 500 banks?

Costs associated with the Apple partnership might accelerate financial institutions' plans to release their own mobile wallets — perhaps even with some help…

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SBI rolls out tortuous ATM fee schedule following RBI rule changes

October 16, 2014

For customers with a low average monthly account balance, keeping the rules straight could be frustrating; for those with a heftier balance, they're as simple…

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Denali Alaskan FCU partners with Co-op for ATM access

October 15, 2014

The Co-op ATM program allows the FCU's members to use 30,000 Co-op networked ATMs across Alaska and the lower 48 states.

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Not bound by tradition, Generations Bank embraces branch transformation

October 14, 2014

The 144-year-old bank has opened its first 'tellerless' branch featuring full-service virtual banking and on-site specialists who help customers with more…

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Diebold aims for greater security, customer convenience with new 5500 ATM series

October 14, 2014

The company says its new ATM line supports financial institutions' need to drive efficiencies, manage risks and reduce costs.

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Ethiopian IT firm wins contract to install 50 ATMs for Nib International Bank

October 13, 2014

Moti Engineering will deliver the machines within 60 days; with this order, Moti will have supplied a total of 949 ATMs to Ethiopian banks.

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Fiserv Portico collects 11 new CUs

October 9, 2014

The zero-footprint solution has attracted a variety of new users over the past 13 months.

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Somalia increases its ATM count ... to 1

October 8, 2014

After decades of conflict, the installation of Somalia's first-ever ATM represents the hope of better things to come.

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CU24, MasterCard ink EMV licensing deal

October 8, 2014

The agreement allows CU24 to route EMV card transactions bearing the MasterCard U.S. common application identifier over its payments network.

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Dolphin Debit reels in ATM outsourcing deal with Arizona CU

October 7, 2014

Altier Credit Union has turned over management of its off-site ATMs, eliminating the need for staff to trek out to distant locations for machine servicing.

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A small operator's guide to basic ATM care

Basic machine care isn't all that complicated. Here are five steps you can take to help ensure that your machine is always available (and inviting) to…

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PNB customers to pay for EMV cards

October 6, 2014

The Indian bank has implemented a fee of $1.63 that customers must pay to get a compliant card before the ATM liability shift in 2017.

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CheckAlt automates ATM terminal reconciliation for faster settlement

October 3, 2014

The new service was developed to help FIs find and fix check reconciliation issues with less effort and fewer resources.

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BofA begins rollout of EMV debit cards this week

September 30, 2014

The FI says that all new and reissued consumer and small business debit cards will now include EMV chip technology.

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ATM fees track higher for 8th straight year

September 29, 2014

Foreign fees are up 5 percent year-over-year, 23 percent over the past five years, Bankrate.com finds in its 2014 survey of major U.S. cities.

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Regulators advise FIs to address 'Shellshock' vulnerability ASAP

September 29, 2014

The vulnerability could allow an attacker to execute malicious code on the widely used Bash software tool and gain control over a targeted system.

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Citi intros checkless checking account

September 25, 2014

With more people banking via ATM, online and mobile channels, fewer customers are demanding paper checks, Citi found.

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Not so fast, Citi: Walmart intros GoBank checkless accounts

September 25, 2014

Walmart's new offering for the un- and underbanked is checkless and overdraft-free, just like Citi's. Both also offer tens of thousands of free ATMs.

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Home Depot breach reportedly generating card fraud

September 25, 2014

Banks aren't confirming it and Home Depot insists that no PIN data was taken, but sources say bank accounts have been compromised.

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