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Bank / Credit Union News & Media

Co-Op Network gets more global, with UN its newest member

May 29, 2003

ONTARIO, Calif. -- United Nations Federal Credit Union, (UNFCU), with a worldwide membership consisting of staff from the UN and its agencies, UN retirees and…

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ATMIA criticizes Australian council's plan to tax ATMs

May 28, 2003

BROOKINGS, S.D. -- The ATM Industry Association (ATMIA) criticized plans by Australia's Bathurst City Council to implement a footpath rental charge for certain…

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Supreme Court refuses to hear ATM surcharge case

May 27, 2003

SAN FRANCISCO -- Efforts by two California cities to outlaw ATM fee surcharges ended with the Supreme Court's refusal to consider an appeal from San Francisco…

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A day in the life of an ATM service technician

What makes an ATM service technician tick? Our editor tags along on an ATM installation in an effort to find out.

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NCR signs deals with 2 Chinese banks

May 22, 2003

BEIJING -- NCR Corporation (NYSE: NCR) has won two deals with Bank of Communications and Agricultural Credit Union Bank in China with a combined value of more…

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ATM industry largely indifferent to idea of new OS

Linux, a scaled-down version of the Unix operating system created by Finnish programmer Linus Torvalds in 1991, is making great gains in the server and desktop…

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ISOs getting brand conscious

When it comes to ATMs, ISOs and financial institutions generally take separate paths. Profit drives ISO programs, while customer service is the main motivation…

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ATM wraps redux?

Is it the right time to revive the ATM advertising wrap? A New York media company thinks so. The company, Alternative Display Systems, has filled a database…

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Host security module maker targets credit unions with marketing alliance

May 12, 2003

ROCKLIN, Calif. -- Futurex, Inc., a provider of payment security products for the financial industry, has formed a strategic alliance with XP Systems, a unit…

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Japan's ATM-only IYBank still not in the black

May 11, 2003

TOKYO -- IYBank, the branch-free bank that offers services via its 24-hour ATM network, reported a net loss of 8.1 billion yen (about $69.3 million U.S.) in…

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Euronet gets go-ahead for shared ATM network in India

May 8, 2003

MUMBAI, India -- Reserve Bank of India has accelerated the race for the creation of shared ATM networks by allowing the first independent private sector…

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In Canada, complaints related to ATM fees up

May 7, 2003

OTTAWA, Ontario -- The Financial Consumer Agency of Canada (FCAC) received 1,146 complaints and inquiries relating to bank fees from January through March…

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NCR's ImageMark reduces Fleet's manual entry of ATM deposits

May 6, 2003

DAYTON, Ohio -- FleetBoston Financial (NYSE:FBF) has completed the initial conversion of two processing sites for envelopes deposited in ATMs located in…

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Indian bank provides MMS-based ATM locator

May 5, 2003

MUMBAI, India -- India's IDBI Bank has created a new customer service application using Multimedia Messaging Service (MMS), that will allow consumers to…

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ATMIA launches new chapters

The ATM Industry Association wants to have a presence anywhere ATMs are found. The ATMIA already has chapters in North America, Europe, Africa and…

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ATM users in New Zealand, UK take advantage of cash cassette errors

May 4, 2003

NEWMARKET, New Zealand -- Customers flocked to an ANZ ATM in Newmarket after word spread that the machine was dispensing $50 notes instead of $20s.

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More U.S. banks provide ATM-based money transfers to Mexico

May 4, 2003

NEW YORK -- Two more American financial institutions have introduced money transfer services that allow users to transfer funds to Mexico and other countries…

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charityATM makes it easy for ATM deployers to give

While the ATM industry is not generally noted for its warm and fuzzy mentality, Robert Greene of charityATM thinks deployers can feel good about themselves -…

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Another large credit union joins Co-Op Network

April 29, 2003

ONTARIO, Calif. -- United Airlines Employees' Credit Union (UAECU), the sixth largest credit union in the country with more than $4 billion in assets and more…

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SARS scare hits Beijing's ATMs

April 28, 2003

BEIJING -- Some Chinese banks are quarantined banknotes for 24 hours before circulating them and are encouraging the use of bank cards in an attempt to halt…

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