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Bank / Credit Union News & Media

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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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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