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Bank / Credit Union News & Media

Teradata plans to open second center in India

June 18, 2007

PUNE, India - Teradata, an enterprise data-warehousing provider and a division of NCR Corp., says it plans to open its second global consulting center in…

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VeriFone gets Visa, MasterCard certification for contactless system

June 18, 2007

The Green Sheet: Visa U.S.A. and MasterCard Worldwide have certified VeriFone's QX100 for contactless payments on Visa Contactless and MasterCard PayPass. The…

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Euronet expands ATM outsourcing deal with China Postal

June 18, 2007

LEAWOOD, Kan. - Euronet Worldwide Inc. has expanded its ATM-outsourcing agreement with China Postal Savings Bank, the fifth largest financial institution in…

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First Data product combines data, analytics

June 18, 2007

OMAHA, Neb. - First Data Corp. has announced the launch of a family of analytic solutions designed to improve business performance. The new family is called…

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RESEARCH: Western Europe's ATM market continues to grow

June 18, 2007

Retail Banking Research releases its annual ATM review of Western Europe.

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Chase issues cards for unemployed in Texas

June 17, 2007

BankNet 360: The Texas Workforce Commission has signed a deal with JPMorgan Chase & Co. for the provision of Visa debit cards that carry unemployment…

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Calif. banks join Allpoint ATM network

June 17, 2007

BETHESDA, Md.  - The Allpoint surcharge-free ATM network has signed deals with two Northern California community banks - County Bank in Merced, Calif. ($1.…

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TJX breach has lingering consequences

June 17, 2007

Digital Transactions: The TJX Cos. breach that compromised at least 45.7 million credit and debit cards continues to have an impact. The Framingham…

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First Data expected to vote on company sale

June 17, 2007

The Associated Press: First Data Corp. has set June 21 as its shareholder-vote date regarding the company's proposed buyout by an affiliate of private-equity…

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Retail ATMs not only ram-raid targets

June 17, 2007

Forsyth County (Ga.) News: The Forsyth County Sheriff's Office in Georgia is looking into the theft of an ATM from outside a south Forsyth bank. Deputies…

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New group improves prepaid education

June 17, 2007

LONDON - A new international trade association, the Prepaid International Forum, aims to focus on the global prepaid-products market.   According to a news…

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Hedge fund takes stake in eFunds

June 17, 2007

Reuters: Scoggin Capital Management has taken a 6.8 percent stake in eFunds Corp, according to a recent regulatory filing. The New York-based hedge fund said…

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Diebold talks automation

by Tracy Kitten — Editor, AMC

U.S. FIs move toward more financial self-service.

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Wal-Mart launches prepaid card to expand financial services

June 14, 2007

American Chronicle: Wal-Mart Stores Inc.'s new prepaid offering, the Money Card, carries a $3,000 prepaid limit and will be offered to every shopper that buys…

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VeriFone worth improves after smart-card deal with Chinese bank

June 14, 2007

Forbes: VeriFone looked fine to Wall Street after announcing a major contract with the China Postal Savings Bank. The company's shares rose $3.17 to $35.83.

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Israeli bank improves CRM with Teradata

June 14, 2007

DAYTON, Ohio - Teradata, a division of NCR Corp., says Bank Leumi, one of Israel's leading financial institutions, has seen improvements in customer…

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ATM anti-theft devices to be installed in UAE

June 14, 2007

Gulf News: Dubai: Bank customers in the UAE soon may be protected from card skimming at ATMs, after several fell victim to the crime in 2003. Customers of one…

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Diebold releases entry-level ATM

June 13, 2007

NORTH CANTON, Ohio - Diebold Inc. has announced plans to introduce an entry-level ATM called CashSpot.   CashSpot, which debuted June 10-13 during The…

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A future for smart cards in the U.S.?

June 13, 2007

Using RFID.com: "Smart Cards in the US: Contactless Payment Cards," a new industry report from ReportLinker, claims some 27 million contactless-payment…

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New report highlights strength of loyalty programs

June 13, 2007

NEEDHAM, Mass. - Payment card-based reward programs are essential for every tier-one credit-card issuer, according to new research from TowerGroup. And…

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