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Bank / Credit Union News & Media

ABA supports improvement to transaction reporting

May 17, 2006

WASHINGTON - The American Bankers Association asked Congress to improve cash-transaction reports, or CTRs, by exempting "seasoned business customers" from the…

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U.K. firm aims loyalty at emerging markets

May 17, 2006

The Wise Marketer: In the United Kingdom, Credit Card Solutions says it is seeking corporate partners in all market sectors that require an international…

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Global Axcess sells 50% of South African subsidiary

May 17, 2006

PONTE VEDRA, Fla. - Global Axcess Corp. has sold 50 percent of its South African subsidiary, Cash Axcess Corp., to South African private investment firm…

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Cardtronics inks ATM branding deal with Sovereign Bank

May 16, 2006

HOUSTON - Following a recent deal to brand nearly 900 ATMs in CVS/pharmacy locations across the northeastern United States (Read also, Sovereign Bancorp signs…

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Central, Eastern Europe ATM placements near 70,000

May 16, 2006

LONDON - According to Retail Banking Research, the Central and Eastern European ATM market grew by 26 percent during 2005, reaching a total of 68,50…

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South Africa's Postbank launches new Visa debit card

May 16, 2006

My Broadband: Visa International has begun replacing Postbank's ATM cards with Postbank Visa Electron cards. The rollout follows last year's agreement between…

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Diebold brings IT outsourcing in-house

May 16, 2006

NORTH CANTON, Ohio - As part of the Diebold Inc.'s efforts to reorganize its global information technology operation, the company June 1 is assuming…

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Cameras help South Africa's FNB reduce ATM fraud

May 16, 2006

Mail & Guardian: Surveillance cameras have led to an 80 percent drop in ATM fraud at South Africa's First National Bank. FNB ATM chief executive Mike…

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British Airways signs deal with ATM:ad

May 16, 2006

NEWPORT-ON-TAY, Scotland - British Airways has signed a long-term deal with the I-design's ATM:ad network. According to a news release, exclusivity will be…

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De La Rue takes OCR to new level

May 16, 2006

HAMPSHIRE, England - De La Rue PLC announced in a news release the launch of a new generation of banknote sorters that are optical character recognition, OCR…

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Paragon's new releases provide Wincor simulation, envelope-free deposits

May 16, 2006

HOLLY SPRINGS, N.C. - Paragon Application Systems, provider of ATM and EFT configuration, simulation and testing software, announced the latest releases of its…

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B of A signs discount deal with MasterCard

May 16, 2006

PURCHASE, N.Y. - MasterCard International announced this week a deal with Bank of America to provide pricing discounts on fees as well as other incentives in…

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TRM says it's resolved ATM fee-transparency concerns in U.K.

May 15, 2006

The Daily Telegraph: After the Link Interchange Network Ltd. warned TRM Corp. that it had 10 days to ensure all 4,000 of its U.K. ATMs provided users with…

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Are things looking up for TRM?

by Tracy Kitten — Editor, AMC

Industry analysts and investors say struggling ATM ISO TRM Corp. might pull a rabbit from its hat before the company's June 15 debt-refinancing deadline.

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M&T Bank invests in NCR Personas ATMs

May 15, 2006

DAYTON, Ohio - M&T Bank, one of the 20 largest bank holding companies in the United States, has purchased 390 NCR Corp. Personas 77 ATMs. NCR's Personas 7…

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Cardtronics reports 18.5% revenue increase

May 15, 2006

HOUSTON - Cardtronics Inc. reported preliminary revenue of $69.1 million for the first quarter of 2006, ended March 31. Revenue for the quarter increased 18.…

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TSA to buy German e-payment systems provider

May 14, 2006

OMAHA, Neb. - Transaction Systems Architects Inc., provider of ACI Worldwide-branded enterprise electronic-payments solutions, is expected to acquire…

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TNS Smart Network reports ATM growth in Canada

May 14, 2006

Finextra: TNS Smart Network Inc., Canada's largest privately owned processor, continues to experience growth in its deployment of "white label" ATMs in Canada.

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Deadline for new Canadian check specs extended

May 14, 2006

OTTAWA, Ontario - The deadline for Canadian financial institutions and their customers to adopt the new Canadian Payments Association check specifications has…

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