Police arrest fourth suspect in ATM heist

April 26, 2006

(Canton, Ohio) The Observer & Eccentric: A fourth suspect in the Canton ATM robbery, which involved locking an employee in an ATM, is awaiting preliminary…

ATM scam at B of A hits 17

April 26, 2006

The (Framingham, Mass.) Metro West Daily News: More victims of an ATM skimming scam in Massachusetts have stepped forward, raising the number to at least 1…

Cardpoint shares jump after bid approach

April 26, 2006

Reuters: Shares in United Kingdom-based ATM operator Cardpoint rose as much as 11.5 percent April 27, after the company confirmed it received a preliminary bid…

Wal-Mart bid causes rift between community banks

April 25, 2006

OVERLAND PARK, Kan. - Wal-Mart Stores Inc.'s application for a bank charter is quaking America's community banks, and the growing rift was evident April 2…

Euronet's ATM-management jumps 23% in 1Q '06

April 25, 2006

LEAWOOD, Kan. - Euronet Worldwide Inc. reported increases in both revenue and net income for the first quarter of 2006, the result, the company said, of a 3…

Level Four releases distributed architecture solution for ATM channel

April 25, 2006

LONDON - Level Four Software, which provides open standards-based ATM testing and development software, announced the release of a new distributed-architecture…

South African bank invests in Diebold ATMs

April 25, 2006

Fin24: Johannesburg's First National Bank said it expects to spend R100 million ($16.2 million) this year rolling out 500 new retail ATMs. Mike Arnold of FNB…

Fiserv reports revenue increase, net income decrease

April 25, 2006

BROOKFIELD, Wis. - Fiserv Inc. reported a 13 percent revenue increase for the first quarter of 2006, up from $937.1 million in 1Q 2005 to $1.1 billion. Net…

CASE STUDY: ASB Bank automates payment systems, unit testing

April 24, 2006

ASB Bank, which is rated New Zealand's No. 1 bank for customer satisfaction, uses GFG Group's GFG:FINsim to accurately test software, and simulate capacity and…

A sit down with Fred Wich, member of Efmark-Bantek's executive committee

by Tracy Kitten — Editor, AMC

April 24, 2006

More than three months after Efmark and Bantek announced plans to merge, the two companies are still ironing out details. As a member of the merged companies…

Online banking, ATM-use grows in Pakistan

April 24, 2006

(Pakistan) Daily Times: Pakistan's commercial banks have registered a growth of 45 percent in online banking for the second quarter of fiscal year 2005-2006…

Visa tells ISOs it plans to be more 'responsive'

April 24, 2006

Digital Transactions: Speaking to an audience of merchant processors, acquirers and independent sales organizations at last week's Electronic Transactions…

ATM surcharges at banks continue to rise

April 24, 2006

Digital Transactions: More banks now levy surcharges on ATM transactions performed by non-customers, and the fee is higher than ever, according to…

Money Network, Wal-Mart launch no-fee option for check-cashing

April 24, 2006

MEMPHIS, Tenn. - First Data Corp.'s Money Network and Wal-Mart Stores Inc. have teamed to offer a no-fee paycard check-cashing option at more than 3,00…

An insider's look ... from Palm Desert, Calif.

by Tracy Kitten — Editor, AMC

Palm Desert National Bank invited 50 partners to California last week to discuss the changing ATM and financial services world.

ATM upgrades could intro new vulnerabilities

April 23, 2006

Payment News: Redspin, an independent auditing firm based in Carpinteria, Calif., suggests that additional enhancements made to ATM networks in correlation…

Costco prevails in ADA suit

April 23, 2006

The Miami Herald: A Florida judge has ruled in favor of the Costco Warehouse Club, which was sued by a man who sued the retailer for allegedly violating…

BNP Paribas buys stake in Korean banking firm

April 23, 2006

Datamonitor: European banking firm BNP Paribas has acquired a 5.6 percent stake in Shinhan Financial Group from the Korean government, a move that increases…

Debitman's new CEO stresses more merchants, issuers, products

April 23, 2006

Digital Transactions: Debitman Card Inc.'s new chief executive sees no significant strategic changes ahead for the PIN debit network, though he says some new…

Banks fight Wal-Mart's application for bank charter

April 20, 2006

WASHINGTON - Wal-Mart Stores Inc. hopes to pacify growing resistance to its application for a bank charter by insisting it has no intention of offering retail…