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Bank / Credit Union News & Media

Peoples Bank of Alabama deploying NCR ATMs with SDM technology

December 11, 2011

Peoples Bank of Alabama will deploy 30 NCR SelfServ ATMs with scalable deposit modules, according to a press release. SDM allows consumers to deposit both cash…

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Chase expanding ATM portfolio with ampm store placement deal

December 11, 2011

Chase Bank is expanding its nationwide network of ATMs with approximately 800 locations in ARCO-branded ampm convenience stores in California, Washington…

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IDBI Bank, MasterCard offer new prepaid travel card

December 8, 2011

IDBI Bank Ltd., one of India's public sector banks, today announced the launch of its new prepaid travel card. The Global Currency Card will be issued on the…

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Bank of America payroll service gives employees access to paycheck funds through ATMs

December 8, 2011

Bank of America Merchant Services yesterday announced the launch of the Money Network Payroll Distribution Service. The program enables employers to comply…

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Video banking session pits 'PTM' against ATM

by Kim Williams — Reporter, NetWorld Alliance

Coastal Federal Credit Union has 15 units installed, cutting teller headcount by 40 percent.

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Wells Fargo deposit ATMs now all envelope-free

December 6, 2011

Wells Fargo & Company today announced that all of its ATMs equipped with deposit automation are now entirely envelope-free, according to a company press…

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Turkish bank has purchased 1,000 GRGBanking ATMs

December 4, 2011

Ziraat Bank, Turkey's largest state bank, has purchased more than 1,000 recycling ATMs from GRGBanking, according to a press release. After the installation is…

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Tanzanian bank to offer card-less ATM transactions

November 30, 2011

According to The Citizen, CRDB Bank in Tanzania is offering its customers card-less ATM transactions. Customers will be able to access their accounts at the…

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Rwanda bank unveils mobile money transfer product

November 30, 2011

Banque Populaire du Rwanda recently launched a new product called IZI Cash that allows mobile banking users to transfer money to account holders who can then…

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Welcome Green Dot Bank

by Arjan Schutte — Managing Partner, Core Innovation Capital

On Freedom Boulevard in Provo, Utah, nestled between the mountains of Uinta National Forest and Lake Utah is a nice little one-branch bank, pictured above. It…

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Talaris unveils new banknote sorting machine

November 28, 2011

Talaris, a global provider of cash handling solutions, today announced the launch of Nsignia, its latest banknote sorting machine, which handles the valuation…

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One very easy way to reduce fraud loss

by Kevin Christensen — Vice President, Audit, SHAZAM

Fraud prevention is a complex endeavor. There is a litany of methods a financial institution can implement to lower or even stop debit card fraud. However, for…

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i-design expands into Canada via partner IBM

November 27, 2011

UK-based i-design, a developer and supplier of ATM and self-service marketing solutions for the banking industry, has announced its expansion into Canada. The…

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Russian Sberbank to license Transoft's cash management software

November 22, 2011

Transoft International Inc., a provider of currency supply chain management solutions, announced that Sberbank of Russia, the largest bank in the Russian…

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CBA will upgrade ATM fleet with EMV-enabled machines from Wincor Nixdorf

November 20, 2011

Commonwealth Bank of Australia today announced it will upgrade its entire ATM fleet with EMV-enabled machines from Wincor Nixdorf.

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B of A emerging payments VP says mobile is at tipping point

by James Wester — Editor 1, Mobile Payments Today

John Thomas talks about the future of mobile financial services.

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Canadian smartphone owners expect to use mobile banking in next 24 months

Large percentage say they still prefer online or traditional banking methods.

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Three things issuers should consider before migrating to EMV

by Terry Dooley — SVP & CIO, ITS, Inc

The hot topic in the payments industry today is the recent push by the major card associations for moving to EMV in the U.S. The transition to EMV will be a…

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Clear2Pay acquires Level Four Software Holdings

November 13, 2011

Clear2Pay, an international technology provider of next generation payment solutions for financial institutions, today announced that it has signed an…

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Absa will refresh ATM fleet, add several self-service features

November 13, 2011

Absa, South Africa's largest retail bank, today announced that it is adding more self-service features to its ATM fleet.

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