Federal officials bust $1.5 million ATM skimming ring

January 10, 2012

Officials have announced the arrest of Laurentiu Iulian Bulat, who is charged with installing skimmers on more than 40 New York ATMs, according to Information…

Pakistani bank, asset management company co-brand ATM card

January 8, 2012

The Summit Bank in Pakistan and asset management company National Investment Trust has introduced a co-branded ATM card for NIT unit holders, according to the…

Sri Lankan bank connects its 500th ATM

January 3, 2012

Sri Lanka's Commercial Bank of Ceylon Monday announced that it has connected its milestone 500th ATM. This landmark was reached with the opening of an ATM at…

Commentary: Card Hub's CEO offers 6 credit predictions for 2012

Papadimitriou says not to expect any more financial reform legislation this year.

Consumer Reports banking investigation says more customer fees on the way

January 2, 2012

According to a Consumer Reports banking industry investigation, consumers are likely to encounter fee hikes and tougher account requirements while the economy…

New York man suing Texas credit union over ATM surcharge sticker

January 2, 2012

The Southeast Texas Record yesterday reported that a man from New York has filed a lawsuit against a bank in Orange, Texas, claiming that the bank failed to…

Nigerian IADs criticize CBN's cashless economy initiative

January 2, 2012

Yesterday marked the beginning of the Central Bank of Nigeria's testing of its cashless economy initiative. Independent ATM deployers in the country are openly…

Watch those NACHA emails

by Kevin Christensen — Vice President, Audit, SHAZAM

Community banks and credit unions can make a significant dent in fraud losses by giving cardholders a heads-up where fraud is concerned. This is particularly…

Five FFIEC compliance tips for banks

by Robert Siciliano — speaker, IDTheftSecurity.com

Experian's Chris Ryan addressed five major questions about compliance with the Federal Financial Institutions Examination Council's recent guidance on banking…

Bancnet offering ATM outsourcing services to member banks

December 26, 2011

Filipino interbank network Bancnet announced that it has extended its service to smaller banks through machine outsourcing, according to an article on…

Anchor Bank chooses Fiserv's suite of financial solution products

December 18, 2011

Fiserv Inc., a provider of financial services technology solutions, today announced that Anchor Bank, headquartered in Aberdeen, Wash., has selected the…

Genisys Credit Union installs deposit automation ATMs from Diebold

December 15, 2011

Auburn Hills, Mich.-based Genisys Credit Union has installed 11 new Diebold deposit automation ATMs, according to a press release.

Peoples Bank of Alabama deploying NCR ATMs with SDM technology

December 11, 2011

Peoples Bank of Alabama will deploy 30 NCR SelfServ ATMs with scalable deposit modules, according to a press release. SDM allows consumers to deposit both cash…

Chase expanding ATM portfolio with ampm store placement deal

December 11, 2011

Chase Bank is expanding its nationwide network of ATMs with approximately 800 locations in ARCO-branded ampm convenience stores in California, Washington…

IDBI Bank, MasterCard offer new prepaid travel card

December 8, 2011

IDBI Bank Ltd., one of India's public sector banks, today announced the launch of its new prepaid travel card. The Global Currency Card will be issued on the…

Bank of America payroll service gives employees access to paycheck funds through ATMs

December 8, 2011

Bank of America Merchant Services yesterday announced the launch of the Money Network Payroll Distribution Service. The program enables employers to comply…

Video banking session pits 'PTM' against ATM

by Kim Williams — Reporter, NetWorld Alliance

Coastal Federal Credit Union has 15 units installed, cutting teller headcount by 40 percent.

Wells Fargo deposit ATMs now all envelope-free

December 6, 2011

Wells Fargo & Company today announced that all of its ATMs equipped with deposit automation are now entirely envelope-free, according to a company press…

Turkish bank has purchased 1,000 GRGBanking ATMs

December 4, 2011

Ziraat Bank, Turkey's largest state bank, has purchased more than 1,000 recycling ATMs from GRGBanking, according to a press release. After the installation is…

Tanzanian bank to offer card-less ATM transactions

November 30, 2011

According to The Citizen, CRDB Bank in Tanzania is offering its customers card-less ATM transactions. Customers will be able to access their accounts at the…