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Bank / Credit Union News & Media

Turkish bank to establish largest biometric ATM network in Europe by January 2012

November 8, 2011

Ziraat Bank, located in Turkey, will build the largest biometric ATM network in Europe by January 2012, according to a press release. The bank has purchased…

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Suncoast Schools Federal Credit Union refreshes ATM fleet with Diebold Opteva line

November 7, 2011

Suncoast Schools Federal Credit Union, the largest credit union in Florida and the 13th largest in the U.S., has replaced 94 of its terminals with Diebold's…

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Bank of America offers EMV chip cards to U.S. international travelers

November 7, 2011

Bank of America Merrill Lynch, a global commercial card provider to corporate and government entities, today announced that it would be expanding its offering…

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M&T Bank rolls out its own anti-skimming solution

November 6, 2011

According to BankInfoSecurity.com, M&T Bank Corp. has released its own anti-skimming solution dubbed the "Blocker."

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Wells Fargo named best Internet bank by Global Finance magazine

November 6, 2011

Wells Fargo & Company was named the Best Corporate/Institutional Internet Bank in North America by Global Finance magazine at the annual awards ceremony…

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ATM, Debit & Prepaid Forum session touts benefits of branch teller recyclers

by Kim Williams — Reporter, NetWorld Alliance

Representatives from NCR, Wincor and Talaris put the ROI at 18 months.

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Open Solutions CEO pens open letter to FDIC chairman

The CEO asks the chairman to help protect community banks.

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Bank of America cancels monthly debit fee program

November 1, 2011

According to Forbes.com, Bank of America is joining the ranks and eliminating its proposed $5 monthly debit card fee.

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Brunei bank to deploy Wincor Nixdorf's biometric ATMs

November 1, 2011

Brunei-based Bank Islam Brunei Darussalam will deploy biometric technology-enabled ATMs from Wincor Nixdorf across its branch network.

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Technology Credit Union implements NCR's P2P money transfer service

November 1, 2011

Silicon Valley-based Technology Credit Union today announced that it will be the first financial institution in the country to enable real-time…

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Diebold, Banco Santander ink deal to install 2,000 ATMs

October 31, 2011

Banco Santander has signed an agreement with Diebold Incorporated for the manufacture, delivery and installation of approximately 2,000 new cash dispensers…

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Wells Fargo abandons monthly debit fee pilot program

October 30, 2011

According to Bloomberg.com, Wells Fargo & Co. has abandoned plans to charge a $3 monthly debit card fee after the program was met with customer opposition.

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ATMmarketplace.com publishes ATM Compliance Handbook

October 26, 2011

ATMmarketplace.com has published the ATM Compliance Handbook 2012, a 29-page guide to a number of different legal and regulatory challenges facing the ATM…

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Survey: Banks less confident in ability to detect cross-channel fraud

October 25, 2011

A new report on the current state of fraud detection and prevention at U.S. banks finds that while most banks have invested heavily in securing communications…

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The Bank Conference Buzz: West versus East

by Brendan Burge

I must admit that I have been saving up a bit of enthusiasm for this post! Mostly I wanted to have two similar yet different conference experiences behind me.

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Indonesian ATM network integration to be completed by 2012

October 23, 2011

According to the Jakarta Globe, the integration of three Indonesian ATM providers into one unified system should be completed by the end of 2012, a central…

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BofA, Citizens Bank Bulgarian ATM skimmers get jail time

October 23, 2011

A federal judge Friday sentenced two Bulgarian nationals for skimming ATMs run by Bank of America and Citizens Bank.

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Vsoft to provide ATM RDC solutions to Security Service Federal Credit Union

October 23, 2011

VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, Friday announced that San Antonio…

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Senator Durbin questions Wells Fargo about debit fees

by Kim Williams — Reporter, NetWorld Alliance

The bank posted record profit results this week, prompting inquiries into the need for debit fees.

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Report discusses negative impact of Durbin Amendment on banks, consumers

by Kim Williams — Reporter, NetWorld Alliance

Merchants aren't incentivized to pass savings on to consumers, according to findings.

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