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Bank / Credit Union News & Media

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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Indian bank launches mobile ATM unit

October 19, 2011

Mangalore, India-based Corporation Bank today unveiled its new branch at Amethi in Uttar Pradesh, in the northern part of India. According to a bank press…

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Transoft partners with FTSI to provide cash management solutions to credit unions, community banks

October 9, 2011

Transoft International today announced that it is teaming up with Financial Technology Services International Inc. to integrate Transoft's…

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America First Credit Union launches Fiserv's mobile banking platform

October 6, 2011

Fiserv Inc., a global provider of financial services technology solutions, yesterday announced that Salt Lake City, Utah-based America First Credit Union has…

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Loomis signs cash handling agreement with Swedish bank BAB Bankernas Automatbolag

October 6, 2011

Cash handling company Loomis has signed a four-year agreement in Sweden with the newly founded BAB Bankernas Automatbolag to provide approximately 50 percent…

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