Bank / Credit Union News & Media
U.K. researchers demo chip, PIN hack
January 10, 2007
CSO: Researchers at the University of Cambridge in the United Kingdom have demonstrated how a chip-and-PIN terminal, used to authenticate credit and debit…
read nowArizona court rules in favor of Western Union in money-transfer case
January 10, 2007
ENGLEWOOD, Colo. - An Arizona court has ruled that the state of Arizona does not have the authority to seize money transfers intended for payment in Mexico…
read nowB of A, Wells Fargo put $80,000 up for ATM nabbers
January 9, 2007
Finextra: Bank of America and Wells Fargo are offering a combined $80,000 reward for information that leads to the arrest and conviction of thieves who stole…
read nowATM bombings suspects go to court
January 9, 2007
SABC News: Four people - two men and two women - were arrested for their alleged connection in South Africa's spate of ATM bombings. The suspects were found…
read nowFourth-largest credit union expands deal with Co-Op
January 9, 2007
ONTARIO, Calif. - BECU, the fourth-largest credit union in the United States, has selected Co-Op Financial Services for ATM processing and signature debit…
read nowLukoil looks for ATM partner in Romania
January 9, 2007
Banking Business Review: Russian oils and fuel producer Lukoil is reportedly looking for an ATM partner. Lukoil Romania is in discussions with several banks…
read nowNetwork International, JCB sign alliance in UAE
January 9, 2007
TOKYO - Network International, card-solutions provider in the United Arab Emirates, and JCB International have signed a deal to expand JCB card acceptance in…
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Money laundering impacts ATM industry
by Valerie Killifer — senior editor, NetWorld Alliance
Federal regulations target ISO-owned ATMs, independent deployers argue.
read nowB of A, Tele Atlas ink ATM deal
January 8, 2007
Banknet360: The locations of Bank of America ATMs will now be available via in-car navigation systems and mobile global-positioning devices. B of A has signed…
read nowIndia's Reserve Bank works to block fake notes ATMs
January 8, 2007
New Kerala: The Reserve Bank of India is working to help banks ensure that counterfeit notes are not dispensed through their ATMs. In a public notice issued…
read nowFirst Data extends reach into Pakistan
January 8, 2007
LAHORE, Pakistan - First Data International has signed a card-processing deal with Alfalah Bank, a credit-card issuer and merchant acquirer in Pakistan. …
read nowTowerGroup responds to NCR's announcement to split
January 8, 2007
BOSTON - Kathleen Khirallah, research director of TowerGroup's Retail Banking practice, says NCR Corp.'s plan to separate its Teradata business into an…
read nowCanada's Interac sets debit record
January 7, 2007
Digital Transactions: Interac, Canada's national EFT network, announced that it processed more point-of-sale debit card transactions on Dec. 22 and 23 than in…
read nowWincor customer wins award for innovative self-service at ATM
January 7, 2007
PADERBORN, Germany - For successfully introducing self-service systems with an intelligent-deposit function, Wincor Nixdorf International customer Interbank…
read nowNCR announces Teradata spin-off
January 7, 2007
Reuters: NCR Corp. announced Jan. 8 that it plans to spin off its Teradata software unit from its banking and retail equipment business, creating two publicly…
read nowU.K. ATM scam could have terrorist link
January 7, 2007
The (London) Sun: Anti-terror investigators are on alert after victims of a card-cloning scam in the United Kingdom had cash taken from their accounts in the…
read nowLevel Four, RBR say testing is key in ATM OS migration
January 7, 2007
LONDON - According to a new report published by Retail Banking Research, 56 percent of ATMs in Western Europe had been converted to Windows at the close of…
read nowMalta's largest bank launches dual-currency display on ATMs
January 4, 2007
Di-ve.com: Malta's Bank of Valletta has launched a dual display on the "Fast Cash" screen of its ATMs. The bank, in collaboration with the National Euro…
read nowNACHA's number of ACH professionals jumps 85%
January 4, 2007
HERNDON, Va. - NACHA-The Electronic Payments Association announced that it accredited 668 payments professionals in 2006 under the Accredited ACH Professional…
read nowCredit Union 24 moves ATM, POS network to Fifth Third Processing
January 3, 2007
TALLAHASSEE, Fla. - Credit Union 24, a credit union-owned ATM and POS network, has completed its switch-processor conversion from Fiserv EFT to Fifth Third…
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