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Bank / Credit Union News & Media

Volksbank installs Wincor's CINEO cash recycling system

September 21, 2011

German bank Vereinigte Volksbank Griesheim Weiterstadt has implemented Wincor Nixdorf's CINEO C4060 cash recycling system at its main branch and will…

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Economic research firm says overdraft revenue on the rise

September 20, 2011

Since its peak at $37.1 billion in 2009, overdraft revenue has fallen for six straight quarters, ending at $30.1 billion for the first quarter of 2011.

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Cardtronics helps First Bank meet new ADA guidelines

September 19, 2011

Retail ATM owner Cardtronics announced an ATM managed services agreement with Lakewood, Colo.-based FirstBank covering the bank's ATM network located in King…

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Philippine central bank links with ATM network operator BancNet

September 18, 2011

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. on Friday signed an agreement with ATM network operator BancNet linking the network with the BSP’s…

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Wells Fargo installs envelope-free ATMs across Utah

September 14, 2011

According to Deseret News, Wells Fargo yesterday announced the installation of new envelope-free ATMs across Utah.

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CBN says ATM fraud in Nigeria down 90 percent

September 14, 2011

The Central Bank of Nigeria yesterday announced that the banking sector is on its way to recovery with a 90 percent reduction in ATM fraud leading the upturn.

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Singapore bank experiences glitch that disrupts ATM services for hours

September 13, 2011

According to AsiaOne, customers of OCBC Bank in Singapore were affected by a technical glitch that shut down ATMs and Internet-banking platforms for more than…

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NCR, National Bank of Pakistan ink deal to install 150 branch ATMs

September 13, 2011

According to the Pakistan Daily Times, NCR Corp. and the National Bank of Pakistan signed an agreement to install 150 ATMs nationwide in NBP branches.

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BMO Harris Bank to deploy NCR SelfServ ATMs

September 13, 2011

ATM manufacturer NCR Corp. today announced that BMO Harris Bank, part of BMO Financial Group, will deploy new NCR SelfServ ATMs to replace a significant…

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Bank of America to eliminate 30,000 jobs

September 12, 2011

CNN Money yesterday reported that Bank of America plans to eliminate 30,000 jobs as part of a plan to save $5 billion.

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Indian Finance Ministry asks banks to joint source ATMs to decrease costs, reach unbanked

September 11, 2011

According to the Hindu Business Line, the Indian Finance Ministry has asked public sector banks to figure out the logistics of joint sourcing ATMs between…

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Cooperative signs agreement with Bank of Commerce for ATM services

September 11, 2011

Members of the Del Monte Agrarian Reform Beneficiaries Cooperative in the Philippines may begin withdrawing their dividends and cash allowances from Bank of…

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Former NECDS employee admits to stealing $2 million in ATM scam

September 8, 2011

Reuters today reported that a Connecticut man who worked for New England Cash Dispensing Systems Inc. pleaded guilty to conspiracy to commit bank fraud for his…

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India's ICICI Bank offers EMV cards

September 5, 2011

ICICI Bank, a private sector bank in India, yesterday announced its foray into EMV cards with the launch of the ICICI Bank Coral Credit Card. The card provides…

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Kuwait Finance House installing cash, check acceptors in 54 branches

September 5, 2011

Kuwait Finance House has announced that it is currently installing ATMs in its 54 banking branches that allow both cash and check deposits, in addition to cash…

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Cayman National Bank to offer Euronet dynamic currency conversion

September 1, 2011

Euronet Software Solutions has signed Cayman National Bank to provide Euronet's Dynamic Currency Conversion solution, the company announced today.

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Several banks waiving ATM fees for customers hit hard by Hurricane Irene

August 30, 2011

The Associated Press reports that several banks are waiving out-of-network ATM fees for customers hit hard by Hurricane Irene.

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Krung Thai Bank offers government bonds through ATMs

August 29, 2011

The Bangkok Post reports that Krung Thai Bank yesterday signed a contract with the Finance Ministry to provide subscription service for 50 billion baht worth…

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ATM Branding Helps Summit Credit Union Increase Visibility

ATM wraps provide Summit Credit Union with a cost-effective marketing tool.

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