Bank / Credit Union News & Media
Ethiopian bank set to add 100 ATMs
May 8, 2013
In two weeks, Ethiopia's Awash International Bank will announce the winning bidder in its tender for 100 ATMs. The installation of these machines would make…
read nowACLEDA Bank, Fiserv win tech implementation award
May 7, 2013
Financial technology company Fiserv and Cambodian bank ACLEDA have won an Asian Banker Technology Implementation Award in the category "best mobile banking…
read nowIndonesian ATM networks sign MoU for funds transfer
May 6, 2013
Three of Indonesia's domestic ATM/debit card providers have signed a memorandum of understanding setting out terms for an inter-principle fund transfer service…
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White label ATMs will drive massive expansion in Indian market
by Dominic Hirsch — manager, Retail Banking Research
Following many years of unfulfilled potential, the Indian ATM market started expanding a decade ago — driven first by the country’s private sector banks, and…
read nowMongolia's largest private bank chooses Finacle
May 2, 2013
Infosys has announced that Golomt Bank, Mongolia's largest private FI, has selected Infosys Finacle to power its core banking needs. The platform will allow…
read nowSA banks embrace auto-deposit ATMs
May 2, 2013
Banks in South Africa are increasingly buying into the auto-deposit ATM concept as a way to reduce teller demand and provide customers 24/7 deposit capability.
read nowIndonesia's Bank Mandiri to add 1,421 Diebold Opteva ATMs
May 2, 2013
Furthering a working partnership of more than 10 years, Diebold Inc. and Bank Mandiri, Indonesia's largest retail FI, have signed an agreement under…
read nowEmirates NBD, Western Union deal enables ATM remittances
May 2, 2013
The Western Union Co., a global payment service provider, will offer its Account-Based Money Transfer service to Emirates NBD accountholders in the UAE. The…
read nowBMO downsizes branch with 'studio model'
May 1, 2013
Bank of Montreal has joined the growing list of banks that are "reimagining" the branch as a much smaller and much more economical customer service point. Next…
read nowBank pact lets Burmese migrant workers send money home via ATM
April 30, 2013
An agreement between Siam Commercial Bank of Thailand and Kanbawza Bank of Myanmar will allow Burmese workers in Thailand to send funds back home by ATM…
read nowRBS to close branches, open ATM 'points of presence' in the UK
April 30, 2013
The Royal Bank of Scotland has revealed plans to shutter about 10 percent of its branches in the U.K. Currently the bank operates around 1,700 branches, not…
read nowFIS marks strong first quarter
April 30, 2013
Payments technology provider FIS has reported strong Q1 revenue gains, improving 4.6 percent on performance during the same period in 2012. The company…
read now2nd largest US CU chooses Wincor multi-vendor software solution
April 29, 2013
Wincor Nixdorf recently signed an agreement with Raleigh, N.C.-based State Employees' Credit Union to provide multi-vendor software solutions for the FI's…
read nowTexas Capital Bank opts for Fiserv ACH processing
April 29, 2013
Brookfield, Wis.-based Fiserv Inc. has announced that Texas Capital Bank is now using PEP-plus ACH processing services, an online solution for originating and…
read nowBangladeshi bank live with Tenemos T24 in just 2 months
April 29, 2013
Temenos, a provider of technology solutions for the financial services industry, has announced that South Bangla Agriculture & Commerce Bank went live…
read nowBank Independent selects SilverLake core processing
April 26, 2013
Jack Henry & Assoc. Inc. has announced that its banking division will provide the SilverLake core processing platform for enterprise-wide banking…
read nowARCA solves unusual problem for Y-12 FCU
April 26, 2013
ARCA has announced the installation of the ARCA CM18 cash recycler at Y-12 Federal Credit Union, an Oak Ridge, Tenn.-based FI serving 78,000 members in an…
read nowNew HID instant issuance printer touts seamless migration to EMV cards
April 24, 2013
HID Global, a provider of secure identity solutions, has announced its new Fargo HDPii Plus financial card printer/encoder, the successor to its HDPii desktop…
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Only cash works in an emergency!
by Ron Delnevo — Chairman, Cash and Card World
In the U.K., TV advertising by National Westminster Bank has for months been focusing on their emergency cash service. The basis of this service is that if you…
read nowCoastal Community Credit Union debuts video teller ATMs
April 23, 2013
Canada's Coastal Community Credit Union has installed its first NCR APTRA Interactive Teller ATM in a newly opened branch in Duncan, on Vancouver Island. The…
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