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Bank / Credit Union News & Media

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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China issues more bank cards

December 16, 2001

BEIJING -- Fifty-five financial institutions in China had issued 330 million bank cards by June of this year, sources with the People's Bank of China ( PBOC…

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BankAtlantic Bancorp to acquire Community Savings

December 16, 2001

FORT LAUDERDALE, Fla. - BankAtlantic Bancorp (NYSE:BBX) has reached an agreement to purchase Florida-based Community Savings Bankshares Inc. (NASDAQ:CMSV) in a…

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National Australia Bank and Teradata share award for excellence at NCDM Expo

December 16, 2001

DAYTON, Ohio -- Teradata, a division of NCR Corporation and National Australia Bank have received the National Center for Database Marketing (NCDM) Database…

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Star Systems and NCR announce joint initiative on advanced deposit technology

December 16, 2001

ANAHEIM, Calif. -- NCR Corporation and Star Systems today announced a joint arrangement to bring advanced deposit technology to STAR participants throughout…

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Bank of Nova Scotia to use fees to encourage electronic transactions in Jamaica

December 16, 2001

KINGSTON, Jamaica -- The Bank of Nova Scotia (BNS) beginning Jan. 1 will charge customers for transactions at branches, in a move to relieve crowded conditions…

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Who's who: Nandita Bakhshi

Though Nandita Bakhshi originally saw herself as a U.N. diplomat, she ended up running the ATM program for FleetBoston Financial. It's not as much of a stretch…

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On with the show, some highlights from RDS

Though last week's BAI Retail Delivery Show in Anaheim, Calif. was sparsely attended, there was still plenty to see and do on the show floor. ATMmarketplace…

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Irish authorities fighting back against ATM fraud

December 12, 2001

More than $30,000 has been stolen from Irish bank customers since August in a rash of ATM-related thefts as bank officials work with Irish police to bring an…

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Humboldt Bank to take $3M charge due to missing ATM funds

December 12, 2001

EUREKA, Calif. -- Bank holding company Humboldt Bancorp (NasdaqNM:HBEK - news) said on Dec. 12 that the operator of its ATM system is missing, along with $…

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