Bank / Credit Union News & Media
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…
read nowWisconsin 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.
read nowAmex 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…
read nowBank 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…
read nowJudge 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…
read nowVisa 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…
read nowDairy 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…
read nowMerchants 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.…
read nowU.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…
read nowACH 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…
read nowE*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…
read nowFirst American Payment Systems buys 75 ATMs from Amex
February 27, 2002
FORT WORTH, Texas -- First American Payment Systems, Inc. ,a privately-owned corporation that provides electronic credit card authorization and payment systems…
read nowChicago Council hears surcharge testimony
February 27, 2002
CHICAGO -- The Finance Committee of the Chicago City Council on March 13 heard testimony on 49th Ward Alderman Joe Moore's proposed ordinance to ban ATM…
read nowBofA to install talking ATMs
February 27, 2002
SAN FRANCISCO -- Bank of America plans to install more than 2,500 talking ATMs in Florida and California -- its largest retail markets. The plan, reached in…
read nowFamily members indicted in Minnesota ATM scam
February 27, 2002
MINNEAPOLIS, Minn. -- Five members of a St. Paul family accused of running a scam to steal money from ATMs at casinos were indicted on charges of bank fraud…
read nowSovereign Bank joins NYCE
February 27, 2002
WOODCLIFF LAKE, N.J. -- Sovereign Bank has become the newest member of the NYCE Network. Sovereign will add 500 ATMs and 770,000 ATM/debit cards to the network…
read nowCalif. court backs injunction on ATM fee bans
February 27, 2002
SAN FRANCISCO -- A federal appeals court on March 31 upheld a preliminary injunction which has blocked new municipal California laws designed to stop banks…
read nowEuronet CFO resigns
February 27, 2002
LEAWOOD, Kan. -- Euronet Services Inc.'s Chief Financial Officer, Daniel C. Stevens, 44, has resigned on mutually agreeable terms to pursue other interests.
read nowOCC files brief in N.J. surcharge case
February 27, 2002
NEWARK, N.J. -- The Office of the Comptroller of the Currency filed a brief in support of the banking industry in its challenge of Woodbridge, N.J.'s ATM…
read nowMellon to pilot 'talking' ATMs
February 27, 2002
PITTSBURGH -- Mellon Bank, N.A. will be among the first financial institutions on the East Coast to begin piloting the use of voice guided technology on its…
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