Cash Technologies system will allow consumers to use ATM cards online

February 27, 2002

LOS ANGELES -- Cash Technologies, Inc.is introducing EMMA, an e-commerce transaction processing system -- along with iris identification products supplied by…

Fla. smart card trials don't make case for technology

February 27, 2002

ORLANDO, Fla. -- Two trials of smart cards in the Orlando area seem to indicate that Americans aren't yet ready for the technology.SunTrust Banks Inc., which…

Cost of convenience

Do ATM surcharges and frozen pizza have anything in common? Sure, says CIBC, which recently launched a "white-label" network in Canada.by Kevin Gibson…

Colorado drops anti-surcharge proposal

February 27, 2002

DENVER -- A proposal to ban ATM surcharges in Colorado is being dropped, at least for this year, according to the Denver Post.The bill's sponsor, state Rep.

Stephenson Group opens London office

February 27, 2002

LONDON -- The Stephenson Group, a public relations agency headquartered in the metropolitan New York area that focuses on financial technology and e-commerce…

Link members to vote on ATM surcharge in UK

February 27, 2002

LONDON -- Members of Link, the UK's not-for-profit shared ATM network, will vote on whether or not to allow surcharging at a Feb. 29 meeting, according to the…

Retailers seek $8.1 billion in debit card antitrust suit

February 27, 2002

NEW YORK -- Wal-Mart and other large U.S. retailers are seeking $8.1 billion in damages from Visa and MasterCard for alleged debit card antitrust violations…

Anti-surcharge bill heads to Wisconsin state Senate

February 27, 2002

MADISON, Wis. -- A bill headed for the full state Senate in Wisconsin would ban state-chartered banks from imposing ATM surcharges, according to the Associated…

California Attorney General files friend of court brief in surcharge case

February 27, 2002

SACRAMENTO, Calif. -- California Attorney General Bill Lockyer has thrown his hat into that state's battle over the ATM surcharge. Lockyer filed a "friend of…

Iowa asks Supreme Court to hear ATM case

February 27, 2002

DES MOINES, Iowa -- Attorney General Tom Miller and state Banking Superintendent Holmes Foster are asking the Supreme Court to uphold Iowa's Electronic Funds…

Wisconsin Senate defeats anti-surcharge bill

February 27, 2002

MADISON, Wis. -- The Wisconsin state Senate on Feb. 8 narrowly rejected a bill to ban ATM surcharges. The vote was 17-16, according to the Associated Press.

Amex doubles size of network with purchase of EDS ATMs

February 27, 2002

NEW YORK -- American Express has purchased more than 4,500 ATMs from EDS. The machines are located in 7-Eleven stores in 27 states and the District of…

Bank One uses ATM ads to look for employees

February 27, 2002

CHICAGO -- Bank One Corp., the nation's fourth-largest bank holding company, is looking for a few good employees through messages on its ATM screens and…

Judge blocks enforcement of N.J. surcharge ban

February 27, 2002

NEWARK, N.J. -- U.S. District Judge Joseph A. Greenaway Jr. on Feb. 17 issued a temporary restraining order blocking enforcement of a Woodbridge Township…

Visa changes fraud policy

February 27, 2002

SAN FRANCISCO -- Visa U.S.A. has approved a new operating regulation designed to further protect Visa cardholders against losses from credit or debit card…

Dairy Mart drops no-fee ATMs in two states

February 27, 2002

HUDSON, Ohio -- After nearly a year of offering fee-free ATM usage, Dairy Mart Convenience Stores, Inc. on March 1 will begin charging a $1.50 convenience fee…

Merchants in debit lawsuit get class-action status

February 27, 2002

NEW YORK -- U.S. District Judge John Gleeson granted class-action status to several of the nation's largest retailers and smaller merchants involved in an $8.…

U.K.'s Link network approves surcharging

February 27, 2002

LONDON -- British banks agreed yesterday to allow surcharging, according to the Daily Telegraph.The move by members of the national Link network may face…

ACH payments increase 16.9 percent in 1999

February 27, 2002

LOS ANGELES -- Automated clearing house (ACH) payments totaled more than 6.2 billion in 1999, a 16.9 percent increase over 1998, according to statistics…

E*TRADE acquires CCS

February 27, 2002

MENLO PARK, Calif. -- E*TRADE Group, Inc. has signed a definitive agreement to acquire Portland, Ore.-based Card Capture Services, Inc., the nation's largest…