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Bank / Credit Union News & Media

FIs' vendor relationships come under closer scrutiny

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

Regulators are keeping a closer eye on how financial institutions handle vendor management. FIs of all sizes can experience problems with regard to vendor…

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Community banks on board with DNA

July 23, 2013

Within the past week, financial technology solutions provider Fiserv Inc. has announced the implementation of its DNA account processing platform on behalf of…

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ECS to enable fast ATM fleet expansion for AB Bank

July 23, 2013

ElectraCard Services, a provider of software solutions and processing services for electronic payment systems, has announced that AB Bank, the first private…

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For Canadian CU, use of video teller yields results, accolades

July 22, 2013

North Peace Savings and Credit Union, a community-based FI serving northeastern British Columbia, has won the National Credit Union Innovation Award in Canada…

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Discover to power new debit program for Old Second

July 22, 2013

Old Second National Bank, a 140-year-old community bank in the Chicago, has teamed with Discover to create the a debit card program powered by Discover Debit.

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Diebold ATMs Enable Cardless Cash Withdrawal Via Paydiant Mobile Wallet Application

Partnership with leading mobile wallet provider connects smartphones with ATMs for convenient, secure transactions

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CSI, Bank of Wolcott forge technology partnership

July 19, 2013

Wolcott, Ind.-based Bank of Wolcott has selected financial solutions technology provider Computer Services Inc. to provide a new core platform and other…

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Branding for millennials: updated marketing required

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

I can't stop raving about my financial institution's new iPhone application. It's been in development for more than a year and I have been eagerly awaiting its…

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BankDhofar teams with G&D on instant issue EMV cards

July 16, 2013

BankDhofar, based in the Sultanate of Oman, has selected the Convego System from Giesecke & Devrient for instant issuance of EMV-enabled debit cards. This…

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Zenmonics intros mobility solution for 'branch of the future'

July 16, 2013

Zenmonics Inc. has introduced mobileBanker, a mobile tablet solution designed to help FIs enhance both simplicity and service in customer interactions. 

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Study: Debit issuers adjust to 'New Normal'

July 15, 2013

Financial institutions are feeling the pain of debit interchange restrictions imposed by the Durbin Amendment to Dodd-Frank; the question is where they fall on…

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KBC Bank Ireland opts for TSYS processing

July 15, 2013

TSYS  and KBC Bank Ireland have signed a multi-year payments agreement under which TSYS launch the KBC debit card portfolio in Ireland. TSYS will provide its…

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Planad Angola bolsters check security with NCR solution

July 12, 2013

NCR Corp. has expanded its relationship with Planad Angola one of the largest IT distributors for financial institutions in that country, to begin implementing…

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ATMs and prepaids: plugging the unbanked into traditional financial services

For those outside the banking system, the ATM can be the payments hub for "plugging in" to a modern economy.

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More regulation isn't the answer to breach losses

by Kevin Christensen — Vice President, Audit, SHAZAM

Data breaches have become somewhat of a fact of life for those of us in the payments field. For financial institutions, unfortunately, these breaches have also…

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Community Bank goes with DNA account processing

July 9, 2013

Glen Ellyn, Ill.-based Community Bank - Wheaton/Glen Ellyn has selected the DNA account processing platform from Open Solutions, now part of Fiserv.

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Ethiopia's United Bank to triple ATM count

July 8, 2013

United Bank, an Addis Ababa-based commercial bank with 72 branches across Ethiopia, has awarded a contract to Lebanese IAD Computer Business Machines for 5…

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There's a tremor in the force and it's emanating from Connecticut

by Todd Nuttall — CEO of Better ATM Services, Better ATM Services

Market forces often collide, some resulting in tremors that portend things to come. The recent passage by the Connecticut General Assembly of legislation in…

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Myanmar's ATM cardholder numbers remain low

July 3, 2013

ATMs are back on line in Myanmar after a hiatus of several years, but the number of users remains low, according to the Central Bank of Myanmar.

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Russia's Uniastrum Bank goes end-to-end with BPC processing suite

July 3, 2013

E-payment solutions provider BPC Banking Technologies has announced that Moscow-based Uniastrum Bank has chosen the BPC SmartVista product suite as part of a…

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