WaMu sees benefit from no-surcharge policy

The anti-surcharge initiatives in California in late 1999 proved to be the perfect opportunity for Washington Mutual to make a planned move of eliminating fees…

Building on the installed base

In today's mature ATM market, transactions per machine are declining and many if not most of the prime locations are taken. So it's not surprising that some…

Diebold gets contract in Namibia

December 26, 2001

NAMIBIA, South Africa -- Standard Bank Namibia will replace its fleet of 60 ATMs with terminals from Diebold, Incorporated (NYSE: DBD). The agreement, which…

AutoBranch Technologies adds another Dynamic Branding customer

December 26, 2001

TORONTO -- AutoBranch Technologies Inc. will provide Dynamic Branding financial services over AutoBranch-enabled ATMs for the Taiwanese Canadian Toronto Credit…

First Union shareholders approve Wachovia deal

December 25, 2001

CHARLOTTE, N.C. -- First Union Corp. shareholders voted on July 31 in favor of a proposed merger with Wachovia Corp. that would create the nation's…

British Office of Fair Trading considers interchange issue

December 25, 2001

LONDON -- The British Office of Fair Trading (OFT) said the benefits to consumers of being able to use the UK's Link cash machine network outweighed the…

Diebold signs service outsourcing agreement with BofA

December 20, 2001

NORTH CANTON -- Diebold, Incorporated (NYSE: DBD) has signed a service outsourcing agreement with Bank of America, the country's largest ATM owner, for…

Two big Canadian banks add surcharge at off-site ATMs

December 20, 2001

TORONTO -- Royal Bank has followed the lead of CIBC in introducing a surcharge at its off-site ATMs. Royal Bank announced that non-customers will be charged a…

Wachovia shareholders approve First Union merger

December 19, 2001

WINSTON-SALEM, N.C. -- Months of contentious fighting over ownership of Wachovia Corp. ended on Aug. 3 when its shareholders approved a $14.3 billion merger…

S2 Systems to migrate ANZ to open processing platform

December 19, 2001

DALLAS --S2 Systems, Inc., a global provider of transaction processing and authorization software for the banking and financial services market, has signed an…

Woodforest National Bank adds Postilion

December 19, 2001

DEERFIELD BEACH, Fla. -- Houston-based Woodforest National Bank has installed Mosaic Software's Postilion product to provide ATM driving, as well as…

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…

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…

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…

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…

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…

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…

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…

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…

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…