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Bank / Credit Union News & Media

New Japanese banks, including IY Bank, post losses

November 29, 2001

TOKYO -- A new generation of Japanese banks, including the new banking unit of retailer Ito-Yokado Co Ltd, reported interim losses on Nov. 9 due largely to…

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Network to provide surcharge-free ATM access for FIs

November 29, 2001

WASHINGTON, D.C. - A network of ATMs throughout the U.S. will provide surcharge-free transactions and deposits to customers of financial institutions with…

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Two Indian banks to share ATMs

November 29, 2001

INDIA -- According to a report in The Asian Banker, BNP Paribas and UTI Bank have signed a memorandum of understanding for sharing ATMs, effective this month.

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Chicago bank clears way for Mexican immigrants to open accounts

November 29, 2001

CHICAGO -- Under a new agreement between the government of Mexican President Vicente Fox and First Bank of the Americas, a 4-year-old Chicago bank with three…

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Badger banks pull back on ATMs

November 29, 2001

MILWAUKEE - Some major banks in Wisconsin have scaled back their off-site ATM deployments in off-premise locations, citing slow profits and a dearth of good…

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IY Bank seeks extension of fee waiver

November 28, 2001

TOKYO – IY Bank, the Japanese Internet bank that has installed 2,000 ATMs in convenience stores, has asked three banks to extend their commission-free period…

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ATM to be top distribution channel for euro

November 28, 2001

LONDON -- Up to 70 percent of all new euro currency is expected to be distributed via ATMs in the 12 nations making the switch on Jan. 1, according to a…

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Groups say ATMs not best option for residents of rural Ireland

November 28, 2001

IRELAND – According to a report in the Irish Independent, rural communities are assailing banks for closing branches in outlying areas.

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Some Portuguese banks won't stock euros

November 27, 2001

Claiming it doesn't want to have any interruption in ATM service, Portugal's Multibanco network of ATMs will convert just half of the country's 9,000 ATMs to…

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Citizens to drop some fees, including annual ATM card charge, when it takes over Mellon branches

November 27, 2001

PITTSBURGH -- Citizens Bank of Pennsylvania plans to eliminate or reduce a number of fees and minimum balances on checking and other accounts when it takes…

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Citizens to take over Mellon branches, ATMs in Great Eagle stores

November 26, 2001

PITTSBURGH -- Citizens Bank and Pittsburgh-based grocery store chain Giant Eagle, Inc. announced a long-term agreement to place 41 Citizens branches in Giant…

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NCR expands presence in China

November 20, 2001

SHANGHAI -- NCR will provide several of its Personas ATMs, plus the software and support to run them, to the Shanghai-based Bank of Communication in a deal…

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Fiserv to acquire NCR's bank processing operations

November 20, 2001

BROOKFIELD, Wis. -- Fiserv and NCR have signed an asset purchase agreement to transfer NCR's bank processing operations to Fiserv.

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Latin American ATM market on the upswing

While Latin America's ATM market has lagged behind North America and Europe for the past several years, a new report by Speer & Associates predicts strong…

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Used ATMs: One man's trash, another man's cash

Retail ATMs not only seem to be as durable as the Energizer Bunny -- but they are starting to show the pink rabbit's predilection for hopping from place to…

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ATM industry fights the Fear Factor

In the latest installment of On the High Road, ATM Industry Association International Director Mike Lee sees heartening signs that the ATM industry is moving…

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Citigroup makes major Mexican play

Analysts predict that ATMs will play a significant role in Citigroup's strategy following its acquisition of Banamex-Accival in Mexico.

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Make your list and check it twice -- for an ATM

A Triton 9600 is one of the most unique items to grace the pages of this year's edition of the FAO Schwarz holiday catalog. New Jersey ISO Access to Money will…

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Diversity challenges deployers

The diverse cultures and economies of Latin America present both a challenge and an opportunity for outside ATM companies looking to enter the region.

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Viva ATMs, say Vegas attendees

The ATM industry is betting that ATMs will continue to be a meaningful part of the American economy, as evidenced by the strong turnout at the ATM Industry…

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