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Bank / Credit Union News & Media

E*Trade closes Target Zones as part of cost-cutting effort

July 20, 2003

MENLO PARK, Calif. -- E*Trade Group, Inc. (NYSE: ET - News) closed its New York Center and 43 E*Trade Financial Target Zones in 2003's second quarter, part of…

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9 Ohio FIs expand ATM networks through Key's Agent Bank program

July 15, 2003

CLEVELAND -- KeyCorp (NYSE: KEY) says it has signed contracts with nine additional financial institutions in Ohio to provide their customers and members with…

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Who's who: Bill Jackson

July 13, 2003

Bill Jackson, Triton's chief technology officer, has earned a reputation as both a literal and a figurative straight shooter. Jackson has had a hand in…

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Fiserv to pay $218M for EDS' credit union group

July 13, 2003

BROOKFIELD, Wis., and PLANO, Texas -- Fiserv, Inc. (Nasdaq: FISV) says it will acquire the EDS Credit Union Industry Group (CUIG) from Electronic Data Systems…

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New program allows ATM deposits into brokerage accounts

July 9, 2003

WILMINGTON, Del. -- PFPC, a member of The PNC Financial Services Group, Inc. (NYSE: PNC) and the nation's largest full-service mutual fund transfer agent and…

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Bank One changes ATM deposit policy

July 9, 2003

CHICAGO -- Bank One customers will soon have fewer places to make deposits, according to an Associated Press report.   Beginning Aug. 1, Bank One will no…

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Chase ups tech factor at Houston branches

July 7, 2003

HOUSTON -- New York-based JPMorgan Chase is trying to win Houston banking consumers with branches that feature such high-tech amenities as Internet kiosks…

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Bank One makes major ATM investment in Chicago

July 1, 2003

CHICAGO -- Bank One (NYSE: ONE) will invest $20 million in 2003 on improvements to Chicago-area branches and ATMs.

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UAE's Central Bank recommends replacement of older ATMs

June 29, 2003

ABU DHABI, United Arab Emirates -- Banks may invest millions of dirhams to replace their older ATMs in line with a recent recommendation by the UAE's Central…

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French bank using NCR ATMs for cash handling project

June 25, 2003

LONDON -- BRED, the largest regional bank of the Banque Populaire Group, and NCR Corporation (NYSE:NCR) have signed an agreement to replace 320 ATMs at the…

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Another Chinese bank orders ATMs from Wincor Nixdorf

June 24, 2003

PADERBORN, Germany -- China Postal Savings Henan (CPS), which installed 30 self-service terminals from Wincor Nixdorf in 2002, has ordered an additional 10…

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Industry watchers predict bank branch boom

June 19, 2003

NEW YORK -- Though bank branches were supposed to vanish in the wake of ATMs, the Internet and telephone banking, U.S. branches actually grew 29 percent in the…

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Fiserv in negotiations to buy EDS' credit union business

June 18, 2003

BROOKFIELD, Wisc. -- Fiserv, Inc. (Nasdaq: FISV) says it is negotiating with EDS Corp. (NYSE: EDS) to acquire EDS' credit union industry group.

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BofA offers surcharge-free ATMs in Mexico

June 17, 2003

CHARLOTTE, N.C. -- Bank of America is offering its cardholders surcharge-free access at 1,770 Mexican ATMs owned by Spanish bank Santander Serfin. BofA…

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Human touch at the ATM -- without the human

NCR's Advanced Solutions team believes that avatars, or 'virtual humans,' can be used to help guide users through new and more complex transactions.

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Getting exclusive with ATM sales territories

NexTran wants to put itself on the retail ATM map by using a concept popular in other sales-oriented industries -- the exclusive territory. NexTran, a…

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NAB to pull most of its ATMs from gambling venues

June 9, 2003

MELBOURNE, Australia -- Concerns about problem gambling have led the National Australia Bank to withdraw nearly all its ATMs from gambling venues by Oct. 1…

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New ATM security regs PIN it on the pad

In the past, ATM vendors didn't pay much attention to the PIN pad. That's all changed, however, due to increased concerns over PIN security and the approaching…

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ATM cash recycling clears regulatory hurdles

While cash recycling systems have been around for several years, regulations concerning the handling of counterfeit notes have held them back in some parts of…

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Russian card base, ATM use growing -- but lag behind other countries

June 1, 2003

MOSCOW -- Bank card use in Russia has skyrocketed in the past year, but analysts say that Russians still rely heavily on cash.

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