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Bank / Credit Union News & Media

Indian software company unveils biometric ATM

January 2, 2006

Business Standard: Pune, India-based Axis Software, a developer of security solutions, is the first Indian company to develop a biometric ATM. The company has…

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Euronet signs outsourcing deal with top Indian bank

January 2, 2006

LEAWOOD, Kan. - Euronet Worldwide Inc. signed a multiyear ATM outsourcing and deployment agreement with ABN AMRO Bank, a leading multinational bank in India.

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TRM to renegotiate deal with Travelex

December 29, 2005

PORTLAND, Ore. - TRM Corp. is expected to renegotiate the terms of its purchase of the United Kingdom-based Travelex UK Ltd.'s ATM business, according to a…

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Kids to blame for some false skimming incidents reported to banks

December 29, 2005

Irish Times: Parents whose children have taken their bank cards without telling them are mistakenly reporting to banks that they've been victims of card…

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First Data to acquire German processor

December 29, 2005

BAD VILBEL, Germany - First Data Corp. is expected to acquire GZS, Gesellschaft fur Zahlungssysteme, Germany's leading processor of card-based payment…

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Companion Systems pulls three diversity honors

December 28, 2005

SALT LAKE CITY - Companion Systems was recently named second in both the Top 5 woman-owned and Top 5 diversity-owned businesses in Utah, and it was one of the…

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Dynasty certifies first EMV Level 2 kernel developed in Java

December 28, 2005

MADRID, Spain - Dynasty Technology Group has certified the first multivendor EMV Level 2 kernel developed in Java, according to a news release. 

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India's National Financial Switch faces hard times

December 28, 2005

Business Standard: ICICI Bank, the only financial institution with a large ATM network operating on the National Financial Switch, has decided to withdraw its…

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The more they can do … the more to worry about

by Tracy Kitten — Editor, AMC

December 27, 2005

ATM security has always been a concern for deployers. But with the shift from OS/2 to Windows, ATMs are requiring more attention. They can do more, but should…

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ATMs for visually impaired get noticed

by Tracy Kitten — Editor, AMC

December 27, 2005

Phoenix Interactive's work with four banks in the United Kingdom to provide ATMs with new technology for the visually impaired is grabbing headlines.

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Credit union first FI in New England to clear check images

December 27, 2005

DAYTON, Ohio – Pittsfield, Mass.-based Greylock Federal Credit Union became the first credit union in New England to successfully exchange an outgoing image…

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IFX is ready for liftoff

December 27, 2005

After eight years of development, the XML-based financial messaging format should soon have all FI channels speaking the same language.

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Security breaches and the ATM

by Tracy Kitten — Editor, AMC

FIs, manufacturers and processors are spending a lot of time and money ensuring that their ATMs are shielded from security breaches.

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Making ATMs accessible: Hesitating on audio guidance is a gamble

by Tracy Kitten — Editor, AMC

Once expected revisions to the ADA guidelines are approved, ATMs must have the ability to talk their users through transactions. Revision proposals were issued…

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Show emphasizes the big picture of self-service

by James Bickers — Editor, Networld Alliance

December 27, 2005

The name change was telling: The Self-Service & Kiosk Show (formerly The Kiosk Show) took a much broader view of self-service as a business strategy. Kiosks…

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IBM bids OS/2 farewell

by Tracy Kitten — Editor, AMC

Experts agree that IBM's decision to drop OS/2 won't greatly impact the industry. What will have an impact? The added cost of launching and maintaining…

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An industry divided

by Tracy Kitten — Editor, AMC

December 27, 2005

Industry consultant Tony Hayes says ATM outsourcing and branding deals will play a crucial role in the ATM programs of small to mid-sized FIs. But most large…

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The 'gray' areas of Triple DES

by

ATM deployers have had a difficult time determining just when their ATMs must be Triple DES compliant. From 2003 to 2004 to 2005, deadline extensions, regional…

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A renewed interest in alarms that protect hardware, users

by Tracy Kitten — Editor, AMC

Ram raids, ATM break-ins and attacks at the ATM are catching attention across the globe. And ATM deployers, especially independents, are working to address…

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Pay By Touch goes on buying spree

December 27, 2005

The Green Sheet: Following $130 million of new financing in October 2005, Pay By Touch has been on a buying spree. Since October the company has purchased or…

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