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…

Oregon bank rolls out ATMs in groceries

February 25, 2002

ROSEBURG, Ore.-- South Umpqua Bank announced it will roll out ATMs in Price Chopper grocery stores throughout southern Oregon and the mid-Willamette Valley.

Japanese bank to install ATMs at c-stores

February 25, 2002

TOKYO -- Sakura Bank and am/pm Japan Co. have reached an agreement under which the bank will set up branches in am/pm outlets and operate them jointly with the…

CCS expands into international market

February 25, 2002

PORTLAND, ORE. -- Card Capture Services has established satellite offices in Montreal and Mexico City under the names CCS Canada and CCS Mexico…

Community banks fight proposed San Francisco surcharge ban

February 25, 2002

SAN FRANCISCO -- In a crowded hearing room of the San Francisco Board of Supervisors, Craig Hudson, executive director of the California Independent Bankers…

CO-OP Network makes personnel moves to further expansion efforts

February 25, 2002

ONTARIO, Calif. -- The CO-OP Network is continuing its efforts to move into areas of the country where it has relatively few members. A fairly dominant force…

Visa to launch Electron Card in India in 1999

February 24, 2002

MUMBAI, INDIA -- Visa International announced plans to launch its Electron electronic debit card, which enables a customer to access his bank account from over…

BankAtlantic installs ATMs in Florida c-stores

February 24, 2002

FORT LAUDERDALE, Fla. -- BankAtlantic recently began installing ATMs in 92 Cumberland Farms stores throughout Florida.Fifty-three of these stores will stay…

More banks join Freedom ATM Alliance

February 24, 2002

PITTSBURGH -- Six more banks have Joined the Freedom ATM Alliance, increasing membership to 25 local banks with over 200 ATMs that will be available to…

Bank of China opens ATMs to Amex

February 24, 2002

BEIJING -- According to the Xinhua News Agency, The Bank of China today signed an agreement with American Express to allow its cardholders access to the bank's…