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Bank / Credit Union News & Media

Bank of America, FleetBoston to merge in blockbuster deal

October 27, 2003

BOSTON - Bank of America Corp. has agreed to buy FleetBoston Financial Corp. in a $47 billion deal that will create the second largest banking company in the…

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Thieves go away empty handed as ATM withstands blasts

October 26, 2003

SUGITOMACHI, Japan - Would-be thieves blew up an unmanned booth housing an ATM, but went away empty handed as the machine remained intact, according to The…

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AmSouth goes with Pulse, Visa for ATM transactions

October 23, 2003

BIRMINGHAM, Ala. - AmSouth Bank has renewed its contract with Visa USA for signature-based debit, added Interlink PIN-based debit and has chosen Visa Debit…

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Triton's new TTW ATM now in production

October 21, 2003

LONG BEACH, Miss. - Triton says its newest and first through-the-wall ATM, the FT5000, is now available for delivery.

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Survey: Few community bankers express interest in ATM technology

October 20, 2003

WASHINGTON - ATMs did not fare well in the third annual Community Bank Technology Survey recently conducted by the Independent Community Bankers of America…

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Saudi bank accepts bill payments at Diebold ATMs

October 20, 2003

NORTH CANTON, Ohio - Diebold, Incorporated (NYSE:DBD) says it has successfully implemented the first 3010 bulk-cash acceptance terminals with barcode reader…

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Wells Fargo to use Visa for ATM transactions

October 20, 2003

SAN FRANCISCO - Wells Fargo & Co. says it will use Visa's Plus network rather than MasterCard's Cirrus ATM network or the Star network for its ATM…

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Taiwan to require digital photos of account holders

October 20, 2003

TAIWAN - Beginning in January, domestic banks will be required to take digital snap-shots of new clients in a bid to prevent fraudulent savings accounts, which…

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ATMs are key part of S. Africa's push to convert the unbanked

October 19, 2003

CAPETOWN, South Africa - South Africa's financial institutions will launch a national banking account aimed at luring the unbanked population into the banking…

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Bridging the FI divide

The ATM world's move toward Triple DES encryption is a painful process for many deployers, networks and others. For some ATM manufacturers, however, it may…

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Md. bankers endorse Genpass as preferred ATM services provider

October 14, 2003

IRVING, Texas - Genpass, Inc. says it has signed a promotional and referral agreement with Maryland Bankers Services, the service affiliate of the Maryland…

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Automating Cash Management

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October 12, 2003

Relying on spreadsheets or guesswork? Learn better ways to manage cash.

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Triple DES Dare You

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October 12, 2003

The facts on the struggle to implement the overhaul of the ATM transaction.

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Japan's ATM-only IY Bank expects 1st profitable year

October 9, 2003

TOKYO - Japan's ATM-only IY Bank Co on Oct. 9 said it expects profits this business year, reversing an earlier loss forecast.

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KeyBank's shared ATMs play well with some other FIs

October 9, 2003

Some 80 small financial institutions are sending their customers to KeyBank ATMs. For them, offering their cardholders more convenience at a reduced cost is…

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Too many ATM choices confuse Japanese consumers

October 6, 2003

TOKYO - ATMs are proliferating in non-branch locations like convenience stores and railway stations, some now operate around the clock and rules regarding…

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Vietnam's state-owned banks setting up ATM network

October 5, 2003

HANOI, Vietnam - Vietnam's ATMs will be linked locally and internationally if BankNet, a joint-stock company with 11 owners including three state-owned banks…

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3 Indian banks form country's biggest shared network yet

October 5, 2003

MUMBAI, India - State Bank of India (SBI), ICICI Bank and HDFC Bank are coming together to share their ATM networks, making it the biggest such alliance so far…

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Tranax intros ATM series targeted to FIs

October 5, 2003

FREMONT, Calif. - Tranax Technologies, Inc., has released its much-anticipated MBS5000 series of ATMs, which it says is designed for the unique needs of…

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BofA adds new features to card-based money transfer

September 29, 2003

MEXICO CITY - Bank of America and Santander Serfin, a subsidiary of Spain's Grupo Santander, are introducing new features for Bank of America's card-based…

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