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Bank / Credit Union News & Media

Euronet lands EFT outsourcing deal with Pakistani bank

August 14, 2012

Euronet Pakistan, a subsidiary of Euronet Worldwide and the first EFT outsourcing provider in Pakistan, has signed a comprehensive EFT outsourcing agreement…

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Zimbabwe ATMs to go solar

August 14, 2012

In an effort to combat ATM outages caused by frequent power interruptions, Barclays Bank Zimbabwe is investigating the use of solar cells to power its ATMs.

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Study: On average, CUs charge 13% less in foreign-card ATM fees than banks do

August 14, 2012

Thirty percent of America's 50 largest credit unions charge members no ATM fees outside the network or provide at least one free withdrawal per week before a…

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NCUA says VTMs can sub for FCU service facilities

August 13, 2012

The National Credit Union Administration has said that video teller ATMs may be used as a substitute for branch facilities in certain cases.

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Vietnam's small banks not paying their share for ATMs, major banks say

August 13, 2012

Last week, Vietnam's central bank announced that it would allow banks to begin charging fees on internal ATM transactions starting in 2013. But the country's…

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India's poorest can now get ATM cards

August 13, 2012

A directive from India's central bank means that FIs must offer ATM-enabled accounts with no minimum balance requirements to the country's poorest citizens.

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China's UnionPay issues more than half of all new payment cards

August 9, 2012

In 2011, the number of payment cards worldwide rose 12 percent to 8.9 billion. More than half of this increase was attributable to growth in China, where card…

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Federal court dismisses fee placard suit

August 9, 2012

A federal court in New York has dismissed a fee placard law suit described as "cookie cutter."

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Fiserv Aperio named 'best in class' in 3 categories

August 9, 2012

Fiserv Inc. today announced that its Aperio software solution has been named in the CEB TowerGroup branch sales and service systems technology analysis as best…

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Vietnam bank introduces fingerprint-enabled debit cards

August 9, 2012

Temenos, a provider of banking software, has announced the launch of Vietnam's first fingerprint-enabled debit card. Mekong Development Bank has implemented…

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Chexar completes acquisition of Clear Payments

August 9, 2012

Chexar Networks Inc., a provider of technology solutions for converting paper checks into good funds, has announced completion of its acquisition of Clear…

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Vietnam state bank to allow ATM fees

August 8, 2012

A policy change by the State Bank of Vietnam means that, for the first time, commercial banks and financial institutions will be permitted to collect fees on…

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Dollar Bank adds mobile remote deposit capture

August 8, 2012

WAUSAU Financial systems announced that Dollar Bank has implemented WAUSAU's mobile remote deposit capture solution and that the results have been phenomenal.

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Three Benefits of Investing in Cash Recycling

How cash-recycling components are reshaping currency-handling systems to the benefit of all vertical deployers, CIT vendors and consumers alike.

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Datacard software upgrade enables EMV compliance for card issuers

August 7, 2012

Minnetonka, Minn.-based Datacard Group, a provider of secure ID and card personalization solutions, today announced the availability of a software upgrade…

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Navy Army Community CU selects Fiserv for check imaging solution

August 7, 2012

Fiserv Inc., a provider of financial services technology solutions, announced today that Navy Army Community Credit Union has selected a range of Fiserv check…

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Five-man gang swipes $500k in skimming operation

August 7, 2012

The U.S. Secret Service and 16 police agencies in and around Detroit are searching for five men they believe to be responsible for a skimming operation that…

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US Bankcorp ATMs experience 2-hour outage

August 6, 2012

In case you'd forgotten how interconnected the U.S. electrical grid has become, here's a reminder from US Bankcorp. On Saturday morning, the Minneapolis-based…

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HSBC Bank Oman links to OmanNet ATM switch

August 6, 2012

Following its merger with former Oman International Bank, HSBC Bank Oman SAOG has linked to the OmanNet Switch to provide expanded access to ATMs across the…

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First Bank of Nigeria initiates cashless ATM service

August 6, 2012

First Bank of Nigeria Plc. has implemented a cardless ATM transfer service. The service allows accountholders to send funds to individuals who do not have a…

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