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Bank / Credit Union News & Media

ICL, Microsoft team up for e-banking development

March 21, 2002

ICL, a $4.4 billion IT services company, has extended its collaboration with Microsoft Corp. to develop a Windows operating system-based applications for…

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Despite rise in units, ATM transactions drop

March 21, 2002

Despite the fact that a mass deployment of terminals continues, the number of ATM transactions has dropped in the U.S., according to the latest study released…

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Chase card offers frequent flyer miles

March 21, 2002

NEW YORK -- Small businesses have the opportunity to earn frequent flyer miles through a new co-branded debit card being introduced by Chase Manhattan Bank and…

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Japanese banks increase personal service fees

March 21, 2002

Customers of Japan's major commercial banks will see charges for personal banking services to transfer money rise while using electronic means to do so will…

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Diebold lands key ATM contract in China

March 21, 2002

Diebold is further tapping into the ATM market of China, considered a sleeping giant for the industry.Diebold's subsidiary, Diebold Pacific Ltd. has landed…

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CitiBank, MasterCard introduce new card in India

March 21, 2002

NEW DELHI, India -- MasterCard and Citibank have launched the Citibank MasterCard Electronic program, a new card with a Citpayment system designed to quicken…

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Canadian Imperial targets Tampa for kiosks

March 21, 2002

ORLANDO, Fla. -- In October, Orlando will see in-store mini-branches of Canadian Imperial Bank of Commerce at a rate faster than one a week, according to an…

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MAC's disruption not related to Y2K

March 21, 2002

Y2K just won't go away. Mindful of the millennium, Joe Public is more than a little concerned if he can't get his money out of an ATM.So when 300 or so MAC…

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American Express to mass deploy smart card

March 21, 2002

NEW YORK -- American Express is betting that consumers won't feel blue about Blue, its new smart-chipped credit card being launched.Although Blue still…

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Nigerian bank to launch e-purse

March 21, 2002

LAGOS, Nigeria, Africa -- In an effort to reduce cash circulation by 40 percent, The Central Bank of Nigeria plans to introduce an electronic purse called…

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Fujitsu is exclusive ATM vendor for Columbia Bank

March 21, 2002

DALLAS -- Fujitsu Transaction Solutions and Electronic Transactions Advantage (ETAdvantage), a Fujitsu business partner, have signed an exclusive, two-year…

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Buyer's market

March 20, 2002

Neil Randel of First American Payment Systems says there are plenty of good ATM sites out there -- and some of them are available at the right price. First…

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Have you heard the one about...

March 20, 2002

Perhaps the most surprising thing about urban legends relating to ATMs is that there aren't more of them.by Ann All, editor

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Ugandan bank to deploy 10 ATMs, several at off-site locations

March 14, 2002

KAMPALA, Uganda -- Uganda's Crane Bank will deploy 10 new NCR ATMs, according to a report in allAfrica.com.

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Bangladesh's Agrani Bank to introduce ATMs

March 13, 2002

BANGLADESH -- Agrani Bank has signed an agreement with Electronic Transactions Network Ltd (ETN), a joint venture of United Group, Bangladesh and IFS…

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More Lawson c-stores to get ATMs in Japan

March 13, 2002

OSAKA, Japan -- Daiwa Bank and Asahi Bank said they will offer banking services through ATMs installed in Lawson convenience stores in collaboration with…

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Iowa injunction

In another decision favoring the National Bank Act over state law, the Eighth Circuit Court of Appeals ruled that ATMs deployed by Bank One in Iowa were not…

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Connecticut's surcharge battle

"I will vigorously fight any of their efforts to force our state's consumers to pay these double charges that serve only to boost the banks' bottom line," said…

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Small banks think big on the surcharge issue

More small and mid-sized financial institutions, fearful that they could lose customers to the mega banks, are forming ATM alliances that allow them to…

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Bank ATM networks max out with mergers

Coast-to-coast ATMs? Several financial institutions came closer to that goal in 1998, the year of the big bank merger. by Ann All, editor

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