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Bank / Credit Union News & Media

South Carolina banks form surcharge-free PAL

February 21, 2002

A group of community banks in South Carolina plans to launch a surcharge-free ATM network for the state in September.The network called PAL (Personal ATM…

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MPS to acquire Cartel

February 21, 2002

CINCINNATI -- Fifth Third Bancorp's data processing subsidiary, Midwest Payment Systems, will purchase Buffalo, N.Y.-based Integrated Delivery Technologies…

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Bourgeois joins ebank.com

February 21, 2002

ATLANTA -- Ed Bourgeois, former president and COO of New Orleans-based Automated Technology Machines, Inc., has joined ebank.com, an online bank specializing…

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Surcharge standoff continues in the UK

February 21, 2002

LONDON -- The 34 financial institution members of Link, the U.K.'s national ATM network, voted unanimously to end the double-charging of customers who use a…

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Financial Technologies, Valley Bank team to provide surcharge-free ATM access

February 21, 2002

JACKSON, Miss. -- Financial Technologies, an independent deployer with more than 2,200 ATMs in the U.S. and Canada, has reached an agreement with Greenwood…

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Wells Fargo has 20 talking ATMs up and running

February 21, 2002

SAN FRANCISCO -- Wells Fargo and the California Council of the Blind announced that 20 Wells Fargo talking ATMS are now up and running in the Bay Area, Los…

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NYCE acquires X-Press 24 network

February 21, 2002

WOODCLIFF LAKE, N.J. -- Continuing a trend of network consolidation, the NYCE Corporationsigned a definitive agreement to acquire the switching and EFT…

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Supreme Court rejects Iowa ATM appeal

February 21, 2002

WASHINGTON -- The Supreme Court on April 24 refused to let Iowa impose certain restrictions on ATMs operated by nationally chartered banks, according to the…

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Citibank Greece outsources ATM network to Euronet

February 21, 2002

LEAWOOD, Kan. -- Euronet Services (Nasdaq: EEFT) has signed an 8-year services agreement with Citibank N.A. in Greece to deploy and operate 250 ATMs for the…

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DoughNET.com, USABancShares.com intro teen ATM card for online, offline use

February 21, 2002

SAN FRANCISCO -- DoughNET.com has teamed with USABancShares.com (NASDAQ: "USAB") to launch an ATM card designed specifically for teens that enables them to…

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Western Union, Amex to offer money transfers at ATMs

February 21, 2002

ENGLEWOOD, Colo. -- Western Union Financial Services, Inc., a subsidiary of First Data Corp. (NYSE:FDC), and American Express will provide Western Union® Money…

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Rockland Trust is newest member of SUM

February 21, 2002

ROCKLAND, Mass. -- Rockland Trust Company is the newest member of the SUM Selective Surcharge Program, which provides surcharge-free ATM service to its…

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Budapest Bank extends ATM outsourcing contract with Euronet

February 21, 2002

BUDAPEST, Hungary -- Euronet Services (Nasdaq: EEFT) has signed a new 10-year ATM outsourcing agreement with Budapest Bank of Hungary. According to the…

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ATM installation growing in Asia-Pacific region

February 21, 2002

Banks in most of the Asia-Pacific region are closing branches and installing more ATMs to cut costs, according to the South China Morning Post. A significant…

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NCR to set up new operation in Japan

February 20, 2002

TOKYO -- NCR Japan Ltd. will set up a firm in December to develop,market and operate ATMs and cash dispensers, company officials said. The company will…

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Paymentech to acquire Mellon Bank`s merchant processing portfolio

February 20, 2002

DALLAS -- Paymentech, the third-largest acquirer of bankcard transactions in the U.S., announced today that it has agreed to acquire the merchant processing…

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Merrill Lynch Japan to join ATM network

February 20, 2002

TOKYO -- Merrill Lynch Japan Securities Co. will become the first foreign-based brokerage to join the postal saving system's ATM network. The recently…

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Mohawk Community Bank customers gain access to KeyCorp ATMs

February 20, 2002

AMSTERDAM, N.Y. and CLEVELAND-- Mohawk Community Bank of Amsterdam, N.Y., primary subsidiary of Ambanc Holding Co. Inc. (NASDAQ: AHCI), announced it has…

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Execs added to Firstar, U.S. Bancorp management team

February 20, 2002

MILWAUKEE AND MINNEAPOLIS -- Firstar Corporation (NYSE:FSR) and U.S. Bancorp (NYSE:USB) have named three additional members of the executive management team…

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Genpass Inc. to acquire Money Belt ATM network

February 20, 2002

MEMPHIS, Tenn. -- Genpass Inc., owner and operator of the MoneyMaker network, has announced an agreement with First Tennessee Bank National Assoc., a…

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