Bank of Montreal to add 250 cash machines

October 8, 2012

BMO Bank of Montreal has announced plans to add approximately 250 cash-only ATMs to its network across Quebec. As many as 150 will be installed in the greater…

Migrate the transaction, not the customer

by Richard McMurdo — Principal Consultant, Talaris

Bird and animal migration tends to be driven by in-built needs related to food or climate. If only banks found it as easy to migrate customers …

Local bank adds 'next big thing' with Fiserv digital services

October 4, 2012

Fiserv Inc., a provider of financial services technology solutions, today announced that Intracoastal Bank, a $167-million community bank based in Palm Coast…

ANZ considering biometric ID for ATMs

October 3, 2012

ANZ bank, which was hit hard earlier this year by skimming fraud, is looking into the possibility of using finger scans for ID at ATMs, thus preventing such…

New website provides free database of bank routing numbers

October 3, 2012

A newly launched bank information resource on the Internet, Routingcheck.com, offers a free database of bank routing transit numbers — the nine-digit code used…

Merchants, Fed, FIs offer oral arguments on interchange

October 3, 2012

Merchants and FIs continue to duke out their differences in court over the Durbin amendment interchange fee cap. Yesterday FIs, retailers and the Fed presented…

Excerpt: ATM Compliance Handbook 2013

From EMV and ADA to the CFPB, the list of regulations and requirements for ATM owners is long and growing.

Cardtronics launches FeeAlert

October 2, 2012

Retail ATM owner/operator Cardtronics Inc. today launched FeeAlert, a new product that enables financial institutions to steer their customers toward…

The Durbin Amendment: 1 year later

October 1, 2012

A year to the day after the implementation of the Durbin Amendment to the Dodd-Frank Wallstreet Reform Act, the loser from the fee-regulating legislation…

CFPB to host webinar on new remittance rules

September 27, 2012

The remittance rule, created by the Dodd-Frank Act to improve the transparency of international remittance fees, takes effect on Feb. 7, 2013. To help those…

The 4 questions an FI should answer before adding a new product or service

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

In a world of constant technology upgrades and changes, many financial institutions feel pressure to keep up with the times to draw in new business as well as…

Poland's Bank BPH to roll out finger vein ID solution

September 25, 2012

Hitachi Europe Ltd., a wholly owned subsidiary of Hitachi Ltd., today announced that it has finalized delivery of finger vein biometrics authentication for…

ATM, checking fees on the rise, Bankrate says

September 24, 2012

The average ATM surcharge for off-us transactions rose 4 percent last year to a new record of $2.50, according to the 15th annual checking survey just released…

Kenya's Family Bank strikes agreements with Paynet

September 24, 2012

Kenya's Family Bank has signed several contracts  with regional card processor and payments services provider, Paynet Group. The announcement was made by the…

IFX version 1.9 released

September 21, 2012

The Interactive Financial eXchange Forum this week announced the publication of Version 1.9 of IFX, its open, interoperable standard for financial data…

Is a contactless ATM inevitable?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Bank of America seems to think so; the FI has filed a patent application for a 'Contactless Automated Teller Machine.'

Study: India's private banks slow to add ex-urban ATMs

September 19, 2012

The State Bank of India is underscoring its words with actions, placing increasing emphasis on non-metro city and rural ATM installations in the wake of its…

Are Vietnam banks really losing money on ATMs?

September 17, 2012

Vietnam banks say they're running in the red with their ATM operations. However some financial experts question whether this really could be the situation…

UnionPay extends reach into Nepal

September 17, 2012

Bankcard challenger China UnionPay announced over the weekend that it will be expanding into Nepal through that country's largest commercial lending…

Auburn U, PNC Bank team up on ATM services

September 17, 2012

Auburn University and PNC Bank N.A. have announced an agreement on the provision of 12 PNC Bank ATMs at the university’s student center and athletic facilities.