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Bank / Credit Union News & Media

Survey: FIs rushing to meet Triple DES deadline

June 28, 2005

LONDON - Robert W. Baird & Co. research analyst Reik Read found in a June survey of 20 financial institutions that the majority are rushing to meet Triple…

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Self-Service & Kiosk Show set for Oct. 17-18

June 28, 2005

LOUISVILLE, Ky. - Leading experts in the application of self-service technology, including representatives from Cisco Systems, Dell, Forrester Research and…

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EFunds' Flanagan joins USIBC board

June 28, 2005

SCOTTSDALE, Ariz. - EFunds Corp., a provider of risk management, electronic payments and global outsourcing solutions, announced in a news release that…

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Wincor signed for Turkey's biggest ATM replacement project

June 26, 2005

PADERBORN, Germany - Wincor Nixdorf won Turkey's largest ATM replacement project with Ziraatbank and Halkbank - Turkey's top two financial institutions.

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Hollen is the right man for the job

by Tracy Kitten — Editor, AMC

June 26, 2005

Stan Hollen, the Co-Op Network's new CEO, will focus on growing credit-union membership, acquisitions and operational efficiency.

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Handwritten notes on ATMs cost customers thousands

June 26, 2005

KNBC-TV:  A 27-year-old California man was charged June 23 with burglary and conspiracy to commit burglary after he allegedly rigged ATMs to withhold cards and…

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Austrian bank buys 1k Wincor Nixdorf ATMs

June 26, 2005

PADERBORN, Germany - Austria's Raiffeisen banking group is planning to replace and install 1,000 Wincor Nixdorf ATM systems in the country over the next few…

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Indian bank opens ATMs to all Visa cardholders

June 26, 2005

The Hindu: Karur Vysya Bank Ltd. on June 25 opened its ATM network to all Visa cardholders.

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First Data adds Sears Cards to Citibank deal

June 26, 2005

DENVER, Colo. - Electronic commerce and payments leader First Data announced in a June 24 news release that it has expanded its relationship with Citibank.

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Growth of ATM outsourcing expected to continue

by Tracy Kitten — Editor, AMC

In the face of unrelenting pressure to cut costs and manage growth, ATM deployers are expected to continue turning to outsiders to operate and service their…

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ACS wins $24M contract with New Jersey DHS

June 23, 2005

Dallas Business Journal: Dallas-based Affiliated Computer Services Inc. on June 21 said it has won a five-year, $24 million contract to provide electronics…

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Who's who: Steve Weingart

June 21, 2005

Holding the keys to data security: For more than two decades, Futurex's Steve Weingart has watched the evolution of encryption technology.

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Chase adds 216 branded ATMs in NYC

June 21, 2005

NEW YORK - Chase announced in a June 21 news release that it will place more than 200 branded ATMs at Duane Reade drugstores in New York City. The locations…

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ATM surcharges rising, data show

June 21, 2005

The State: A study by Bankrate.com found that the average ATM surcharge has risen $1.40 this year and the average fee paid for using another financial…

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Report: 9 of 10 Japanese banks reduce ATM withdrawal caps

June 19, 2005

Asahi.com: More than 90 percent of Japanese banks have either lowered or plan to lower the daily limits on the amount of money that can be withdrawn from ATMs…

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Inetco provides encryption to wireless ATMs

June 16, 2005

BURNABY, British Columbia - Inetco Systems Ltd., which provides ATM and POS connectivity solutions, is providing Triple DES encryption to wireless ATMs.

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ATM surcharges benefit consumers

June 16, 2005

eMaxHealth: Two economists, who conducted a study about consumer welfare and ATMs, found that ATM surcharges actually benefit consumers living in big cities.

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FastFunds to acquire interest in Coast ATM

June 16, 2005

The Minneapolis/St. Paul Business Journal: FastFunds Financial Corp. has signed a non-binding letter of intent to acquire a majority interest in Coast ATM…

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Frandsen Financial signs technology deal with Fiserv

June 16, 2005

LINCOLN, Neb. - Arden Hills, Minn.-based Frandsen Financial Corp., an $850 million holding company, has named Information Technology Inc., a division of Fiserv…

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ACI supports Network International in EMV migration

June 16, 2005

WATFORD, England - ACI Worldwide, an international provider of enterprise e-payment solutions, has licensed ACI Smart Chip Manager to Network International, a…

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