Japanese bank extends ATM hours

February 26, 2002

TOKYO -- Sanwa Bank will extend the operation of some ATMs to 24 hours a day, seven days a week, becoming the first major Japanese bank to do so, according to…

BofA customer files suit over fee at unmarked ATM

February 26, 2002

A Bank of America customer, Jeremy Knapp of Seattle, on Sept. 20 filed a lawsuit in U.S. District Court in Seattle, accusing Bank of America of breach of…

Wells Fargo to advertise at ATMs

February 26, 2002

SAN FRANCISCO -- Wells Fargo plans to take advantage of a captive audience by launching animated advertisements on the screens of some of its ATMs. Ads also…

California woman gets key to Jeep at KeyBank ATM

February 26, 2002

LOS ANGELES and CLEVELAND -- Beverly Alexander, a Corona, Calif. mother, grandmother and nursing supervisor, won a 1999 Jeep Wrangler in the KeyBank/ARCO "Key…

ATM fee disclosure added to legislation

February 26, 2002

The House Banking Committee approved a measure that would require disclosure of ATM surcharges at ATMs. Most ATM owners already voluntarily disclose such…

Diebold buys Colombian company

February 26, 2002

BOGOTA, Colombia -- Diebold has acquired 55 percent of Richardson & Cia. Ltda., a financial technology company in Bogota which previously was a business…

Firstar gets the TYME in Minnesota

February 26, 2002

MILWAUKEE -- The TYME regional EFT network is making a major move into the Minnesota market with the decision by Milwaukee-based Firstar to switch all of its…

Japanese supermarkets, banks form ATM alliances

February 26, 2002

Arrangements between financial institutions seeking to bolster their retail banking and supermarket chains hoping to offer greater convenience to customers are…

Euronet reports increased revenues

February 26, 2002

BUDAPEST, Hungary -- Euronet Services revenues grew to $11.9 million in 1998, more than double the revenues in the previous year. Revenues in the fourth…

NCR Japan, Fuji Bank to design transfer-enabled cash dispenser

February 26, 2002

TOKYO -- NCR Japan Ltd. and Fuji Bank will develop Japan's first cash dispenser able to remit payment to billing accounts, according to the Nikkei Industrial…

Canadian processor TNS builds business

February 26, 2002

TORONTO -- While Canada's chartered banks and trust companies maintain high profiles in the still-growing ATM industry, TNS Smart Network Inc., a Toronto-based…

ATMs enter Japanese workplace

February 26, 2002

Fuji Bank hopes to install ATMs at the offices of major corporations, according to the Nihon Keizai Shimbun. The new advanced ATMs will process expense…

Euronet doubles ATM network in Germany

February 26, 2002

BUDAPEST, Hungary -- Euronet Services Inc. announced a major agreement with Service Bank GmbH & Co. KG to acquire 252 installed ATMs in Germany and 35 ATMs…

Directo appoints executive VP

February 26, 2002

ATLANTA -- Former Georgia Secretary of State Lewis Massey, the recently named president and CEO of Directo, Inc., announced the appointment of James J. Segars…

Unbanked Hispanics proving to be a tough debit sell

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February 26, 2002

The Hispanic population in the U.S. represents a huge untapped market for banks, but many in this growing ethnic group prefer cash to cards. 

Euronet extends outsourcing agreement with Deutsche Bank

February 26, 2002

WARSAW, Poland and LEAWOOD, Kansas -- Euronet Worldwide, Inc. (NASDAQ: EEFT) and Deutsche Bank 24 S.A have extended their ATM outsourcing contract for another…

National Australia Bank pilots audio-enabled ATMs

February 26, 2002

MELBOURNE, Australia -- Following the lead of several large U.S. banks, which have rolled out audio-enabled ATMs in the last year, the National Australia Bank…

Illinois rep introduces new anti-surcharge proposal

February 26, 2002

SPRINGFIELD, Ill. -- For the fourth time in three years, Illinois Rep. John Fritchey, a Democrat from Chicago, has introduced a bill that would prohibit…

The Surcharge: An Ironic History and Unsure Future

Even in the face of impending political threat, the surcharge seems destined to flourish if consumer demand for convenient ATMs continues at its current pace.

ATM linkup launched in Japan

February 25, 2002

TOKYO -- Post offices started sharing their ATMs and cash dispensers with 115 private financial institutions including banks, credit card companies and…