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Bank / Credit Union News & Media

Florida credit union joins CO-OP

May 1, 2002

ONTARIO, Calif. -- Eastern Financial Florida Credit Union (EFFCU), with more than 800 South Florida companies among its membership, has joined CO-OP network…

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Pilgrims find it easier to make offerings with ATM

May 1, 2002

TIRUMALA, India -- KV Kamath, chief executive officer of India's ICICI Bank, introduced the bank's first ATM in the holy hills of Tirumala (the richest temple…

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Technology troubles continue to dog Japan's Mizuho Bank

April 28, 2002

TOKYO -- Technology troubles continue to plague the merger of the former Dai-Ichi Kangyo and Fuji banks into Mizuho Bank, according to a report in the Asahi…

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Caprio to lead Wincor Nixdorf's U.S. business development

April 25, 2002

AUSTIN, Texas - ATM marketing veteran Saul Caprio has been tapped as Wincor Nixdorf Banking Solution's new business development director, according to a…

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B of A targets Hispanics with SafeSend

April 23, 2002

LOS ANGELES -- Bank of America (NYSE: BAC) is crossing the border, providing an international ATM remittance service to Mexicans beginning in May, according to…

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Moscow ATM hackers sentenced

April 22, 2002

MOSCOW - Two leaders of a hackers' group that manipulated Moscow ATMs in an attempt to steal $1 million from foreign bank accounts were sentenced to five years…

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Argentina limits ATM withdrawals

April 22, 2002

BUENOS AIRES, Argentina - Argentina's commercial banks have limited customers to ATM withdrawals of 200 pesos per week following an agreement reached with the…

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Tokyo bank merger leads to free ATM access

April 21, 2002

TOKYO - Nishi-Nippon Bank (TSE:8327) and Fukuoka City Bank (TSE:8539) customers will be able to use the banks' ATMs free of charge beginning in May as the two…

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Anxious Argentines empty Buenos Aires ATMs

April 21, 2002

BUENOS AIRES, Argentina - Anxious customers withdrew more than $43 million worth of pesos from ATMs in Buenos Aires between April 19-20 after the government…

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Bank strike sends customers to ATMs in India

April 17, 2002

CHANDIGARH, India -- Technology came to the rescue of the common man during a one-day bankers' strike in India, according to a report in the Financial Times.

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Japan's IYBank hopes to attain profitability in 3rd year

April 17, 2002

TOKYO -- IYBank, a settlement-only bank set up last year by Ito-Yokado Co., is striving to achieve its goal of making a profit by its third year, bank…

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Strange twist: ATM holds up man!

April 16, 2002

RARITAN TOWNSHIP, NJ -- James Kahlke had no idea he would miss Thanksgiving dinner when he stopped to withdraw cash from an ATM at a Commerce Bank branch. But…

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eFunds piloting electronic checks with First of Omaha Merchant Processing

April 16, 2002

MILWAUKEE -- First of Omaha Merchant Processing is offering eFunds Electronic Check, a product that converts paper checks into electronic transactions at the…

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Bank United Announces Results of First U.S. Iris Recognition ATM Consumer Survey

April 16, 2002

MIAMI BEACH, Fla. -- Six months after the first U.S. iris recognition ATMs were installed at three Bank United branches in Texas, initial consumer reaction is…

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B of A's 'Adopt an ATM' program attracts ire of Labor Commissioner

April 16, 2002

SAN FRANCISCO -- Bank of America attracted the ire of California state Labor Commissioner Marcy Saunders with its "adopt an ATM" program, under which it…

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Beta trials of ICL's Windows NT-based software under way at First Union ATMs

April 16, 2002

LA JOLLA, California -- Beta trials of Windows NT software provided by ICL, the global IT services company, are under way at First Union National Bank. The new…

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Genpass named a preferred vendor by Pennsylvania Association of Community Bankers

April 16, 2002

FT. WASHINGTON, Pa. -- Genpass Technologies, an ATM network processor, ATM driver and owner and operator of the MoneyMaker and Money Belt EFT networks, has…

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Singapore opens banking market, more ATMs follow

April 16, 2002

As part of Singapore's efforts to encourage competition among banks and enhance the quality of financial services, three foreign financial institutions are…

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First American, AmSouth merge

April 15, 2002

NASHVILLE, Tenn. -- Creating one of the largest banks in the Southeast, stockholders of First American Corp. and AmSouth Bancorp have approved a merger between…

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All quiet on the Western front

April 15, 2002

A proposal to raise the surcharge cap from $1 to $1.50 is generating remarkably little noise in Wyoming.by Ann All, editor

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