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Bank / Credit Union News & Media

Carrollton pulls plug on Target ATM

December 19, 2001

BALTIMORE - Citing sluggish returns, Mid-Atlantic-based Carrollton Bancorp has pulled 55 ATMs out of Target stores in four states, ending a five-year…

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Bank of America promotes ATMs in ad campaign

December 19, 2001

CHARLOTTE, N.C. - Bank of America's line of talking ATMs, designed to make banking easier for the visually impaired, provide the focal point of a new…

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IYBank expands reach in Japan

December 19, 2001

TOKYO - Japan's Chiba Bank has become the fourth bank to reach a partnership agreement with automated banking service IYBank, according to the Nikkei English…

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NCR: Only a third of ATMs at bank branches

December 19, 2001

DAYTON, Ohio – If there was any doubt that the majority of ATMs in the U.S. are found in off-premise locations, it was definitively laid to rest at NCR's third…

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What's holding banks back?

December 19, 2001

Many financial institutions remain reluctant to add advanced functionality to their ATMs, agreed participants in a panel discussion at NCR's recent…

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Mobile phones, ATMs unite in Australia

December 19, 2001

SYDNEY - Vodafone Australia is offering a program that will allow customers to purchase recharge services for the company's FastFone mobile telephones at…

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ATM cards out, debit cards in for India

December 19, 2001

HONG KONG - As part of a plan to expand its banking services in India, Hong Kong and Shanghai Banking Corp. (HSBC) has announced plans to phase out its ATM…

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Co-Op Network catching rays in Florida

December 19, 2001

ONTARIO, Calif. - The Co-Op Network, which in recent months has worked to expand its national network of no-fee ATM machines for credit union members, will add…

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Skylight Corp. raises $3.4 million to promote payment card for the unbanked

December 18, 2001

ATLANTA -- Skylight Corporation, a provider of payment cards for those without traditional bank accounts, has closed its Series B Round of venture capital…

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The future is now

While the biggest banks tend to introduce new functionality first on their ATMs, RDS attendees learned that at least one smaller player – New Orleans-based…

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Beyond the branch

A major tremor is due to hit the ATM industry this year and next, as a large number of contracts written in the early years of off-premise deployment expire.

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E*TRADE Access to move to Va. as part of cost-cutting effort

December 17, 2001

MENLO PARK -- E*TRADE Group, Inc. (NYSE: ET) will move its ATM subsidiary, E*TRADE Access, from Portland, Ore. to E*TRADE Bank's Operating Center in Arlington…

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First Union, Wachovia complete merger

December 17, 2001

CHARLOTTE, North Carolina -- Wachovia Corp. and First Union Corp. have completed their long-planned $14.3 billion merger, creating the fourth-largest U.S.

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Citibank resolving ATM problems

December 17, 2001

NEW YORK -- Citigroup Inc. said on Sept. 5 that its U.S. Citibank network of 2,000 ATMs was running again, after software glitches shut the machines down for…

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Bank One, Microsoft partner to develop new products and services.

December 17, 2001

SEATTLE -- Microsoft Corp. and Bank One are forming a three-year strategic relationship worth $30 million to develop and promote services and products aimed at…

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Bank One adds talking ATMs in Louisiana

December 17, 2001

NEW ORLEANS -- Bank One has installed 25 "talking" ATMs in Louisiana, creating the first ATM network in the state to help visually impaired customers conduct…

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The UK's HBOS signs on for NCR's APTRA Edge software

December 17, 2001

LONDON -- HBOS, the financial services group formed by the recent merger of the Halifax and the Bank of Scotland, will implement NCR's (NYSE: NCR) APTRA Edge…

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Fleet to add enhanced ATMs as part of upgrade

December 16, 2001

BOSTON -- As part of a $47.1 million, 18-month reconfiguration planned for its Massachusetts branch network, FleetBoston Financial will deploy 23 new…

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Software problem causes Citibank ATMs to crash

December 16, 2001

NEW YORK -- An internal software problem caused Citibank's nationwide network of 2,000 ATMs to crash for about four hours on Sept. 4, according to an…

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