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Bank / Credit Union News & Media

First Data appoints Bailis to lead Card Issuing unit

December 11, 2005

DENVER - First Data Corp. announced last week that David P. Bailis has been appointed to oversee the company's Card Issuing Services unit. According to a news…

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Asia Pay, InterPay International establish operations in Asia

December 11, 2005

HONG KONG - Asia Payment Systems Inc. and InterPay International Group, a Singapore company, have signed an alliance to establish credit card operations in…

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Thief phones victim for PIN

December 11, 2005

Bayside Bulletin: After stealing a woman's ATM card, an Australian thief called her up to ask for her PIN. Posing as a police officer, the thief told the woman…

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STUDY: EMV adoption spreads as main tool to fight card fraud

December 8, 2005

PALO ALTO, Calif. - A new analysis from Frost & Sullivan reveals that losses to card fraud totaled $7.9 billion in 2004 and is estimated to reach $15.…

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SURVEY: Americans use credit, debit for low-price buys

December 8, 2005

The Green Sheet: Survey findings released Dec. 8 at the at the Micro and Small Payments Conference in New York reveal that consumers' desire to use credit and…

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Tranax partners deliver functionality to FIs

December 8, 2005

FREMONT, Calif. - Rockford Tech-Systems, a Tranax Technolgoies Inc. Business Banking Partner, is co-branding and outsourcing programs that help financial…

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ATM withdrawals in U.K. expected to jump in December

December 8, 2005

NORTH YORKSHIRE, England - The volume and value of transactions at United Kingdom ATMs are expected to break all previous records this Christmas, according to…

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Carreker posts 3Q loss

December 7, 2005

Dallas Business Journal: Carreker Corp. reported a net quarterly loss of $950,000 during the third quarter of 2005 compared to the same period last year, when…

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Wachovia completes SouthTrust integration

December 7, 2005

Charlotte Business Journal: Wachovia Corp. has completed the merger-integration of SouthTrust Corp.'s systems, which includes approximately 900 ATMs. The…

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Diebold authorizes 4-million share stock-repurchase

December 7, 2005

NORTH CANTON, Ohio - Diebold Inc.'s board of directors authorized the company to repurchase up to 4 million shares of its common stock in the open market…

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Merchants take the processing reins

December 7, 2005

PHOENIX - Checkgateway, a provider of electronic-payment services, announced in a news release that its Automated Clearing House and credit-card processing is…

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Transoft releases OptiCash Version 6

December 6, 2005

RALEIGH, N.C. - Transoft International Inc. released version 6.0 of its OptiCash suite of products, which will further automate adaptations, according to a…

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Asia Pay reveals processing growth in 3Q

December 6, 2005

NEW YORK - Asia Payment Systems Inc. announced last month that its processing volume during the third quarter of the year increased 24 percent from the same…

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NCR wins Indian overseas order for 150 ATMs

December 6, 2005

India Infoline: NCR Corp. is placing 150 ATMs for Chennai-based Indian Overseas Bank. "As ATMs become a basic part of customers' banking experience, we see…

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ATM advertising company secures $1.7 million in funding

December 6, 2005

FIFE, Scotland - Sigma Technology Venture Fund and the Scottish Co-Investment Fund, which is managed by Scottish Enterprise, have invested £1 million (U.S.

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Financial Software & Systems signs outsourcing deal with top Indian banks

December 6, 2005

MUMBAI, India - Financial Software & Systems Ltd. has been awarded an ATM outsourcing contract by the Bank of Maharashtra and Vijaya Bank, two leading…

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Wincor partner wins award for 'IT in retail banking'

December 5, 2005

PADERBORN, Germany - Landesbank Berlin, a Wincor Nixdorf customer, took second place in the "Best use of IT in retail banking" category at the 2005 European…

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HP opens public data centers

December 5, 2005

PALO ALTO, Calif. - Hewlett-Packard Company last month unveiled utility computing services that enable multiple customers to access HP's dedicated and publicly…

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PNC fees could backfire, analysts say

December 4, 2005

Philadelphia Business Journal: PNC Bank's increased fees could cost the bank customers, some analysts and competitors say. The new fees, which kicked in Dec.

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NCR inks $20 million deal with Australian bank

December 4, 2005

Computerworld: NCR Corp. signed a $20 million deal with Melbourne, Australia-based ANZ bank to roll out a network of more than 260 ATMs at Caltex service…

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