No clear winners in wake of Durbin Amendment final rule

by Kim Williams — Reporter, NetWorld Alliance

Both sides claim the consumer will bear the burden.

Lakshmi Vilas Bank offers Visa Debit Gold Card to premier customers

July 4, 2011

Lakshmi Vilas Bank in India announced Friday its Visa Debit Gold Card offering for its premier customers. The card has a transaction limit of Rs 50,000 at the…

Wells Fargo rolls out NCR Scalable Deposit Module

June 30, 2011

According to My Bank Tracker, Wells Fargo has begun deploying NCR Corp.'s Scalable Deposit Module (SDM)-equipped ATMs in Arizona, Texas, New Mexico and Nevada.

Federal Reserve issues final rule on Durbin Amendment

June 29, 2011

Yesterday, around 3:30 p.m., the Federal Reserve issued its final rule on the Durbin amendment. The rule fixes the price of debit interchange at 21 cents per…

Bank Windhoek extends agreement with ATM Solutions Namibia

June 29, 2011

Bank Windhoek, a leading bank in Namibia, Africa has extended its initial five-year ATM sponsoring agreement with ATM Solutions Namibia Ltd. for an additional…

Customers Bank will refund ATM surcharges

June 28, 2011

Customers Bank, headquartered in Phoenixville, Penn., with branch locations throughout Pennsylvania, New York and New Jersey, is offering its customers a…

Revenue and Service: Double objectives for the ATM channel

by Flora Hamilton — European Manager, ATMIA

Earlier this year, we all read the report of the global survey conducted by Level Four which showed that more than half the respondents had increased…

Vantiv adds two credit unions

June 27, 2011

Vantiv, formerly Fifth Third Processing Solutions, today announced that two credit unions have recently signed contracts with the company for single-sourced…

RCBC to expand presence with more branches, ATMs

June 26, 2011

Rizal Commercial Banking Corp. (RCBC) in the Philippines, and its thrift bank arm RCBC Savings Bank, plan to expand their presence in the country by adding…

Canadian police arrest seven charged with skimming $245,000 throughout Toronto

June 23, 2011

According to Toronto, Canada's CTV, seven people face charges in an alleged ATM skimming operation.

Nigerian bank announces EMV platform integration

June 22, 2011

According to Vanguard, Oceanic Bank in Nigeria has announced that its ATMs now accept the EMV chip-and-PIN platform.

U.S. Bank will rollout EMV chip cards to 20,000 cardholders this month

June 21, 2011

U.S. Bank is rolling out EMV chip cards to 20,000 FlexPerks Travel Rewards Visa cardholders this month, and to other Travel Rewards cardholders later in the…

Mobile banking services continue to offer links to ATM

June 21, 2011

The Jakarta Post reports that Bank International Indonesia (BII) yesterday launched a mobile banking service, providing services such as account management…

Union Bank of India to deploy 2,500 ATMs

June 21, 2011

Union Bank of India will deploy 2,500 ATMs before March 2012, increasing its number of outlets to 5,000, according to CNN-IBN Live.

Cash recycling offers FIs efficiency, security benefits

Decreasing lost funds and theft helps justify the expense of new equipment.

Thieves use a backhoe to steal ATM from parking lot

June 20, 2011

According to MSNBC.com, Frankfort, Ky. police are searching for the suspects involved in stealing an ATM from a local credit union parking lot using a backhoe.

Credit union utilizes Check 21 benefits with VSoft's branch item capture solution

June 20, 2011

VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced today that Louisville…

Kumari Bank deploys first ATMs in Nepal's Salyan District

June 19, 2011

According to The Himalayan Times, Kumari Bank in Nepal has implemented ATM service in Khalanga of Salyan, a district in west-central Nepal. It's the first ATM…

Oregon Credit Union reissuing thousands of debit cards due to ATM bank fraud case

June 19, 2011

KMTR in Eugene, Ore. has reported that Oregon Community Credit Union closed thousands of its customers' debit cards as a preventative measure to reduce the…

CASE STUDY: HDFC Bank increases engagement with NCR APTRA

eMarketing becomes a reality for one Indian bank.