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Bank / Credit Union News & Media

Industry predictions say half of India's ATMs will be outsourced by 2015

July 11, 2011

Nearly half the number of ATMs in India will be outsourced by 2015, according to an article in The Economic Times. Hit by thin profit margins and slow credit…

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USAA selects Cardtronics' ATMs for expansion into the D.C. market

July 10, 2011

Cardtronics Inc. today announced that San Antonio-based USAA Federal Savings Bank (FSB) has reached an ATM branding agreement with the company. As a result…

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Halkbank orders 840 multifunctional self-service systems from Wincor Nixdorf

July 6, 2011

Wincor Nixdorf has received an order from Halkbank, one of Turkey's leading banks, covering the supply and installation of 840 multifunctional ATMs equipped…

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First National Bank will refurbish ATM fleet with Diebold's Opteva line

July 6, 2011

First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation, will refresh its fleet of ATMs using Diebold's Opteva line and integrated…

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Postbank, Deutsche Bahn and Wincor Nixdorf pilot new cash service at travel center

July 5, 2011

Deutsche Bahn customers at the Aschaffenburg, Germany travel center can now use their Girocards to withdraw cash, as well as purchase tickets. This cash…

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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.

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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…

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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.

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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…

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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…

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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…

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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…

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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…

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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…

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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.

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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.

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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…

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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…

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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.

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Cash recycling offers FIs efficiency, security benefits

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

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