ATMs and a changing biz model

Five things to consider for ATM reinvestment or reinvention.

Milwaukee-based bank inks deal with NYCE for ATM, debit transactions

January 21, 2008

SECAUCUS, N.J. —  M&I Marshall & Ilsley Bank have signed an exclusive deal with the NYCE Payment Network for PIN-debit access and domestic ATM…

FSV, MiCash team for international money-transfer service

January 21, 2008

HOUSTON — FSV Payment Systems Inc., provider of stored-value processing and prepaid-card solutions, and MiCash Inc., a licensed money transfer business, have…

GPS helps Atlanta police nab ATM thief

January 20, 2008

Private Officer Breaking News: A man who police believe used a forklift to steal an ATM from a Lawrenceville, Ga., bank was arrested last week by Gwinnett…

ATM misprint makes Canadian teen a millionaire

January 20, 2008

Chatham (Ontario, Canada) Daily News: Fifteen-year-old Dallas Pokornik learned he was a millionaire after checking his balance at an ATM. When the ATM receipt…

Goldleaf enters remote-deposit biz with Alogent acquisition

January 20, 2008

Digital Transactions: Goldleaf Financial Solutions Inc., a technology-services provider for 2,800 community financial institutions, announced last week that…

Bank of Moscow signs with Fiserv for risk-management solution

January 20, 2008

BROOKFIELD, Wis. — Fiserv IPS-Sendero, a unit of Fiserv Inc. and provider of risk and value-management solutions, announced that Bank of Moscow has selected…

Aussie banks criticized for ATM-fee hikes

January 17, 2008

Brisbane Times: Australian consumer group Choice has branded recent moves by two major Aussie banks to increase ATM-withdrawal fees as "unfair." The fee…

Irish company launches mobile banking, ATM solution

January 17, 2008

DUBLIN, Ireland — Banks will now be able to reach customers on any mobile phone without the customer having to download special software, according to…

Man gets second chance after life sentence for ATM scam

January 16, 2008

China.org: The Guangdong Supreme Court in China has thrown back a high-profile case in which a man received a life sentence for deliberately withdrawing…

W.Va. settles with Visa, Mastercard over credit, debit fees

January 16, 2008

Consumer Affairs.com: The state of West Virginia has reached a settlement with Visa USA and MasterCard Worldwide, requiring each credit card companies to set…

Chase ups ATM fees to $3

January 15, 2008

Chicago Tribune: Chase, which leads the Chicago market in the number of branches and ATMs, has hiked the fee it charges non-customers to $3 at most of its…

Credit unions look to mobile banking for competitive edge

January 15, 2008

MSN Money: PSCU Financial Services says it will provide mobile-banking services to the credit unions it services, many of them in the Tampa Bay area, and…

IFX Forum adds members, extends global reach

January 15, 2008

WAKEFIELD, Mass. — Four new companies have joined the Interactive Financial eXchange (IFX) Forum, an international not-for-profit industry association that…

Cash recycling boost in '08

by Tracy Kitten — Editor, AMC

Cash recycling improves cash flow, adds savings, enhances functions.

Paragon joins IFX Forum

January 14, 2008

HOLLY SPRINGS, N.C. — Paragon Application Systems, provider of electronic-payment simulation, configuration and testing software, has joined the Interactive…

U.S. shoppers want simple, mobile-device contactless payment

January 14, 2008

VNUNet.com: U.S. consumers are keen to use their mobile handsets for in-store payments, but a majority says it wants to have just one credit/debit account for…

Diebold resolves revenue-recognition methods, wraps talks with OCA

January 14, 2008

NORTH CANTON, Ohio — Diebold Inc. says it has concluded its discussions with the Office of the Chief Accountant of the Securities and Exchange Commission…

Fiserv offers walk-in billpay at Ready Credit kiosks

January 14, 2008

Business Wire: CheckFreePay, now part of Fiserv Inc., has signed a deal with Ready Credit Corp. to implement the CheckFreePay bill-payment service at all…

Payphone-ATM combo expected to get thumbs down from town council

January 13, 2008

Skegness (England) Standard: An application to turn a phone into an ATM will likely get a thumbs-down vote from the Skegness, England, Town Council. An…