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Bank / Credit Union News & Media

Ending the paper trail

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January 31, 2002

For the first time, a paper check used at a point-of-sale transaction was immediately processed and debited from a customer's checking account in real time.

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Mellon piloting voice-guided ATMs

January 30, 2002

PITTSBURGH -- Mellon Bank has equipped ATMs at 11 Mellon locations in Pittsburgh, Philadelphia and Harrisburg with voice-guided technology to assist visually…

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World party

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January 30, 2002

U.S. ATM manufacturers have been sending machines to banks in other countries for years, but now the international market for retail machines is beginning to…

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'Dynamic branding' introduced on Canadian ATMs

January 30, 2002

TORONTO -- AutoBranch Technologies Inc. of Toronto, Ontario and Charlotte, N.C., together with Rogers Video of Richmond, British Columbia have signed an…

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E*TRADE to use Mosaic's Postilion platform

January 30, 2002

PORTLAND, Ore. -- E*TRADE Access Inc., a wholly owned subsidiary of E*TRADE Group Inc. (NYSE: ET), has signed on to use Mosaic Software's Postilion platform to…

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Sony, IY expand in Japan

January 30, 2002

In Japan, Sony Bank made headlines when it launched last year as an Internet-only bank. Now it offer services through a network of 25,500 ATMs. Rival IY Bank…

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Fleet sees need for talking ATMs

January 29, 2002

BOSTON - FleetBoston Financial will install 1,420 talking ATMs throughout the northeastern U.S., by far the largest deployment of the machines designed to…

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Bank hikes surcharge in Pittsburgh

January 29, 2002

PITTSBURGH - National City Bank has raised its surcharge to $2 at a dozen western Pennsylvania ATMs, from its previous level of $1.50.

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Bank Rhode Island adds SUM surcharge-free ATMs

January 29, 2002

PROVIDENCE, R.I. -- Bank Rhode Island has become the latest member of SUM, a program administered by the NYCE Corporation that is designed to help minimize ATM…

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Firstar, U.S. Bank begin merging ATM networks

January 29, 2002

MINNEAPOLIS -- As a first step of combining their ATM networks, Firstar Bank and U.S. Bank are now allowing customers to use any Firstar or U.S. Bank ATM to…

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7-Eleven expands V.com program, will install units in Mexico

January 29, 2002

DALLAS -- 7-Eleven, Inc. and 7-Eleven Mexico, S.A. de C.V., headed by Luis Chapa of Monterey, Mexico, plan to install 37 of 7-Eleven's V.com financial services…

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Anti-surcharge bill introduced in Wisconsin

January 29, 2002

MADISON, Wis. -- Wisconsin state Rep. John Lehman is making another attempt at banning convenience fees at ATMs, according to the Milwaukee Journal.

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Sky Financial enters the insurance business

January 29, 2002

BOWLING GREEN, Ohio - Sky Financial Group Inc. (NASDAQ:SKYF), which operates a network of 210 financial centers and more than 200 ATMs in the Midwest, on Jan.

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Numbers as expected for eFunds

January 29, 2002

SCOTTSDALE, Ariz. - A month after warning that its fourth-quarter numbers would be lower than originally expected, eFunds Corp. (NASDAQ:EFDS) confirmed that…

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FleetBoston blames losses on Argentine problems

January 29, 2002

BOSTON - FleetBoston Financial Corp. (NYSE:FBF) announced a fourth-quarter loss of $507 million on Tuesday, blaming the meltdown of Argentina's economy late…

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Cash Tech announces deal with Western Union

January 28, 2002

LOS ANGELES -- Cash Technologies, Inc. (Amex: TQ) says it has signed a Strategic Alliance Agreement with Western Union Financial Services, Inc., a subsidiary…

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American Express to provide ATM services for 7-Eleven's V.com kiosks

January 28, 2002

DALLAS--(BUSINESS WIRE)--March 8, 2001--7-Eleven, Inc. (NYSE:SE) made it official that American Express (NYSE:AXP) will be the primary provider of ATM services…

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Fed Plan Reduces Need To Collect ATM Check Deposits

January 28, 2002

The proposed federal Check Truncation Act could be a boon for banks' ATM networks, though the cost of the technology necessary to 'electronify' checks may keep…

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Fed Plan Reduces Need To Collect ATM Check Deposits

January 28, 2002

The proposed federal Check Truncation Act could be a boon for banks' ATM networks, though the cost of the technology necessary to 'electronify' checks may keep…

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