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Bank / Credit Union News & Media

TMD Security intros new card-reader security

May 8, 2006

CURACAO, Netherlands Antilles - TMD Security announced in a news release the launch of its CPK+ Model 3, a new product that protects dip card-readers from…

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Jack Henry names Mark Forbis VP, CTO

May 8, 2006

MONETT, Mo. - Jack Henry & Associates Inc., provider of integrated computer systems and ATM, debit card and ACH transaction processing, announced the…

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Congress asked to step into interchange wars

May 8, 2006

WASHINGTON - Congress was asked last week to consider joining the ongoing interchange-fee battle between U.S. merchants and Visa and MasterCard.

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Australian central bank to set card-fees cap

May 8, 2006

Datamonitor: The Australian banking regulator is expected to impose a cap on interchange fees that it is estimated to cost the local payment-card industry $17…

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E-payments expected to double by 2010

May 8, 2006

OMAHA, Neb. - A study commissioned by ACI Worldwide found that the annual number of electronic payment transactions, currently about 210 billion worldwide, is…

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Remitco to use Wausau enterprise-remittance platform

May 7, 2006

MOSINEE, Wis. - First Data Corp.'s Remitco unit, the nation's largest processors of retail-lockbox payments, has signed a deal with Wausau Financial Systems to…

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CDS now supports Triton ATM online journal

May 7, 2006

DALLAS - Columbus Data Services announced in a news release that it now supports Triton's online ATM journal. According to a news release, the journal captures…

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Credit Union 24 eliminates membership minimums

May 7, 2006

TALLAHASSEE, Fla. - Credit Union 24 announced in a news release it has eliminated membership-fee minimums for its member-shareholders. The decision by the EFT…

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B of A chief dissatisfied with bank's Visa focus

May 7, 2006

Datamonitor: Bank of America chief executive Ken Lewis said he's unhappy that his bank in the past concentrated on promoting the Visa brand instead of its own.

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Diebold announces remote service for ATM channel

May 7, 2006

NORTH CANTON, Ohio - Diebold Inc.'s new OpteView Remote Services allows remote troubleshooting and problem diagnosis for ATM-network service. Using Internet…

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MasterCard IPO could raise up to $2.61 billion

May 7, 2006

Reuters: MasterCard Inc., the world's No. 2 credit card association, expects to raise up to $2.61 billion in its upcoming initial public offering. MasterCard…

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Global ATM Security Alliance focuses on insider fraud

May 4, 2006

LONDON - One of the biggest sources of fraud in financial services is insider collusion, according to the ATM Industry Association's Global ATM Security…

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Virtual game pays players real cash via ATM cards

May 4, 2006

Ottawa Citizen: Is your current job not doing enough to pay the bills? How does mining on an asteroid sound? Or hunting beasts on another planet? Those are…

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United Cash Solutions buys ATM Advantage ATM portfolio

May 4, 2006

BEVERLY, Mass. - ATM distributor and processor United Cash Solutions Inc. announced in a news release its acquisition of Providence, R.I.-based ATM Advantage…

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TRM reports losses

May 4, 2006

PORTLAND, Ore. - TRM Corp. announced losses for the first quarter of 2006.

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TowerGroup announces slate for spring conference

May 3, 2006

NEEDHAM, Mass. - TowerGroup's 2006 Financial Services Business & Technology Conference and Exhibition May 31- June 2, is slated to feature four in-depth…

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Roundtable says U.K. ATM industry should involve consumer groups

May 3, 2006

WORTHING, England - U.K. Treasury Minister Ivan Lewis and the Link Interchange Network Ltd. agreed May 4 that the public should be involved in the debate over…

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Latin America's banks make EMV a priority

May 3, 2006

ePaynews: Latin American countries are expected to spend more than U.S. $200 million on card technologies in 2006, 70 percent more than in 2004 and 2005. The…

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Fifth Third to process transactions for Michigan firm

May 2, 2006

CINCINNATI - Fifth Third Bank Processing Solutions signed a contract to provide a credit and debit/ATM card acceptance program to Michigan-based Allied…

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Fifth Third Bank to process AFFN transactions

May 2, 2006

CINCINNATI - The Armed Forces Financial Network (AFFN), an EFT network that provides U.S. military personnel with access to their funds through ATM and…

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