SAP, Wincor solution lets banks test front-office application before installing it

January 31, 2013

Wincor Nixdorf has announced a new solution that surmounts the problem of validating a front-office application before it is installed. The solution, developed…

IBC, Bancsource strike ATM service agreement

January 31, 2013

Laredo, Texas-based International Bank of Commerce and Bancsource Inc., an IAD based in Republic, Mo., have entered a partnership in which Bancsource will…

Agency cracks down on VIP treatment at Saudi ATMs

January 31, 2013

Saudi banks that have been allowing prominent customers to withdraw ATM funds in excess of the regulated daily limit have come under the watchful eye of…

Co-op Financial Services rolls out phase I of "virtual CU branch"

January 31, 2013

Co-op Financial Services has announced the availability of Co-op Sprig, a free, multi-institution "virtual branch," accessed online or via mobile, that lets…

The underbanked: embracing the prepaid phenomenon

As the underbanked increasingly choose prepaids for their money management needs, new opportunities arise for the ATM industry.

FSS activates major ATM systems upgrade for State Bank of India

January 29, 2013

Financial Software & Systems Ltd., an Indian payment systems integrator and solution provider, has announced the implementation of new software and…

Hong Kong banks to require user activation for overseas ATM card use

January 28, 2013

The Hong Kong Special Administrative Region government this week issued a new regulatory notice on behalf of the Hong Kong Monetary Authority: Effective March…

6 CUs select Fiserv account processing solution

January 28, 2013

Financial services technology company Fiserv Inc. has announced the signing of six credit unions to use the company's OnCU account processing platform, as well…

Broadway Bank expands relationship with Fiserv

January 25, 2013

San Antonio, Texas-based Broadway Bank, a $2.8 billion institution, is extending and expanding its relationship with financial services technology provider…

Commerce Bank to offer chip-enabled Visa cards

January 22, 2013

Commerce Bank, a $22.2 billion regional bank based in Kansas City, Mo., is offering customers who travel abroad an EMV chip-enabled Visa Signature credit card…

Argentina caps ATM fee increases

January 18, 2013

In a Durbin-style move, Argentina's central bank is imposing limits on fees charged by retail banks. In this case, the action has been taken to relieve some of…

ATMIA publishes best practices for deploying ATMs in a multi-channel banking environment

January 17, 2013

The ATM Industry Association has published the new best practice manual, "Best Practice for Developing and Deploying the ATM in a Multi-Channel Retail Banking…

Chase, PNC moving to multi-denomination dispensing ATMs

January 17, 2013

SNL's First CityWide Change Bank could be in for some stiff competition. Real-world banks Chase and PNC have been rolling out new ATMs capable of dispensing $…

N.J. police bust Romanian pair in $1M ATM skimming operation

January 15, 2013

Police arrested a pair of illegal immigrants from Romania in Englewood, N.J., on Sunday. Now Constantin Ginga, 52, and Marius Cotiga, 34, sit in the Bergen…

Sussex County FCU adds ARCA cash recyclers systemwide

January 15, 2013

Sussex County Federal Credit Union, a Seaford, Del.-based FI with $252 million in assets and nearly 15,000 members, has outfitted all of its locations with…

Fiserv acquires rival financial technologies provider Open Solutions

January 15, 2013

If you can't beat 'em, buy 'em. Fiserv Inc. announced late yesterday that it has purchased rival financial services technology provider Open Solutions.

U.K. Payments Council to launch mobile P2P enabled by LINK

January 15, 2013

The Payments Council, the organization that represents the payments industry in the U.K., has announced its intention to launch a mobile person-to-person funds…

Canadian CUs' ATMs go 'ding-free'

January 14, 2013

A new multi-credit union program in Canada means that CU members have expanded access to ATMs across Canada that won't "ding" them for a surcharge. They also…

India's FIs must teach rural customers to use ATMs safely, officials say

January 14, 2013

Authorities in the Sundargarh district of India have advised banks that opening accounts for the country's rural unbanked is not enough; they must also educate…

Shazam intros mobile app for debit cardholders

January 14, 2013

Shazam has announced the launch of Shazam Bolt$, an app for smartphones and tablets that allows financial institutions to offer their Shazam debit cardholders…