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Bank / Credit Union News & Media

More than 63 million Visa cards in Asia now EMV compliant

April 10, 2007

SINGAPORE - Visa Asia Pacific says Australia, Hong Kong and Thailand have joined Japan, South Korea and Malaysia in their number of deployed chip cards that…

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CDS adds function to Web-tool system for ATMs

April 10, 2007

DALLAS - Columbus Data Services LLC, a provider of payment-processing technology, has added a payout module to its Web Tools program that allows independent…

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Man loses leg after ATM theft goes awry

April 10, 2007

The Associated Press: A man accused of using a chain and pickup truck to yank a 1,500-pound ATM from a market failed to escape police when his prosthetic leg…

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Michigan man accused of $60,000 ATM scam

April 10, 2007

Detroit Free Press: A Michigan man is expected to be extradited to Ohio, where he will face charges for stealing up to $60,000 from bank customers after…

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Hybrid ATMs and retail revenue

by Tracy Kitten — Editor, AMC

TIO Networks takes cash-acceptance to the ATM.

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NetBank director dies at 72

April 9, 2007

The Associated Press: NetBank Inc., the parent of NetBank Payment Systems Inc., announced April 6 that board member Robin C. Kelton died on April 2 in London.

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TRM gets notice from NASDAQ

April 9, 2007

PORTLAND, Ore. - Just weeks after NetBank Inc. received a trading warning from NASDAQ, ATM independent sales organization TRM Corp. has found itself in a…

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S1, Andera partner for online financial solutions

April 9, 2007

ATLANTA - S1 Corp. and Andera Inc., a provider of account-opening and funding solutions to the retail financial market, have signed an alliance to deliver…

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ATMIA gives tips for preventing insider fraud

April 9, 2007

LONDON - The ATM Industry Association announced it has published global best practices for preventing insider fraud.   "One of the biggest threats facing…

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Allpoint preps for ATM growth in U.K.

April 8, 2007

BETHESDA, Md. - Surcharge-free ATM network Allpoint says it will expand into the United Kingdom with 1,400 ATMs by mid-summer.    According to a news…

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ATMs clamped after fake notes discovered

April 8, 2007

Gulf Daily News: One of Bahrain's leading banks is programming its ATMs to reject certain notes, after a recent counterfeit-bill scare. The move follows the…

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Kroger adds financial services to its offerings

April 8, 2007

(Lexington, Ky.) Herald-Leader: In early February, Cincinnati-based Kroger Co. rolled out a series of personal-finance offerings in the majority of its 2,40…

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BankNet links ATM systems

April 8, 2007

Viet Nam News:  Vietnam's National Financial Transfer Joint Stock Co. (BankNet) expects to officially launch an online connection among ATM and e-payment…

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Loomis acquires competitor SSNW

April 5, 2007

HOUSTON - Loomis has announced the acquisition of Security Services Northwest Inc., a Seattle-based cash-handling services provider. Terms of the transaction…

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BS/2 security solution for ATMs spreads net across Europe

April 5, 2007

BS/2, part of the Penki Kontinentai Group based in Lithuania, is making its ATM security solution available in the United Kingdom and Western Europe…

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Aite urges consolidation of wire, ACH systems

April 5, 2007

Finance Tech: A report from Aite Group says the time is right to converge the United States' wire transfer and ACH systems. Melding the wholesale payments…

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China cancels inter-bank ATM inquiry fee

April 5, 2007

ShanghaiDaily.com: Banks in China have agreed to cancel cross-bank ATM inquiry fees by April 20, ending disputed charges that have led to lawsuits since they…

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Chase branches promote rebranding with ATM cash giveaway

April 5, 2007

Finextra.com: Chase Bank is launching an ATM campaign to give away cash prizes to ATM users. The giveaway is part of a major overhaul and rebranding of…

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NCR selects Postilion for transaction processing

April 4, 2007

ATLANTA - Postilion Inc., a subsidiary of S1 Corp., announced NCR Corp. will install Postilion payment-processing software at NCR's Toronto data center to…

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FNB backs proposal to scrap ATM fees

April 4, 2007

Moneyweb: Firstrand's First National Bank, South Africa's third-largest retail bank, has backed a proposal to scrap some fees for using cash machines.

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