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Bank / Credit Union News & Media

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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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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