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Bank / Credit Union News & Media

Indian bank opens ATMs to all Visa cardholders

June 26, 2005

The Hindu: Karur Vysya Bank Ltd. on June 25 opened its ATM network to all Visa cardholders.

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First Data adds Sears Cards to Citibank deal

June 26, 2005

DENVER, Colo. - Electronic commerce and payments leader First Data announced in a June 24 news release that it has expanded its relationship with Citibank.

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Growth of ATM outsourcing expected to continue

by Tracy Kitten — Editor, AMC

In the face of unrelenting pressure to cut costs and manage growth, ATM deployers are expected to continue turning to outsiders to operate and service their…

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ACS wins $24M contract with New Jersey DHS

June 23, 2005

Dallas Business Journal: Dallas-based Affiliated Computer Services Inc. on June 21 said it has won a five-year, $24 million contract to provide electronics…

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Who's who: Steve Weingart

June 21, 2005

Holding the keys to data security: For more than two decades, Futurex's Steve Weingart has watched the evolution of encryption technology.

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Chase adds 216 branded ATMs in NYC

June 21, 2005

NEW YORK - Chase announced in a June 21 news release that it will place more than 200 branded ATMs at Duane Reade drugstores in New York City. The locations…

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ATM surcharges rising, data show

June 21, 2005

The State: A study by Bankrate.com found that the average ATM surcharge has risen $1.40 this year and the average fee paid for using another financial…

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Report: 9 of 10 Japanese banks reduce ATM withdrawal caps

June 19, 2005

Asahi.com: More than 90 percent of Japanese banks have either lowered or plan to lower the daily limits on the amount of money that can be withdrawn from ATMs…

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Inetco provides encryption to wireless ATMs

June 16, 2005

BURNABY, British Columbia - Inetco Systems Ltd., which provides ATM and POS connectivity solutions, is providing Triple DES encryption to wireless ATMs.

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ATM surcharges benefit consumers

June 16, 2005

eMaxHealth: Two economists, who conducted a study about consumer welfare and ATMs, found that ATM surcharges actually benefit consumers living in big cities.

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FastFunds to acquire interest in Coast ATM

June 16, 2005

The Minneapolis/St. Paul Business Journal: FastFunds Financial Corp. has signed a non-binding letter of intent to acquire a majority interest in Coast ATM…

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Frandsen Financial signs technology deal with Fiserv

June 16, 2005

LINCOLN, Neb. - Arden Hills, Minn.-based Frandsen Financial Corp., an $850 million holding company, has named Information Technology Inc., a division of Fiserv…

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ACI supports Network International in EMV migration

June 16, 2005

WATFORD, England - ACI Worldwide, an international provider of enterprise e-payment solutions, has licensed ACI Smart Chip Manager to Network International, a…

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ATMIA launches education, development foundation

June 15, 2005

CAPE TOWN, South Africa and BROOKINGS, S.D. - The ATM Industry Association announced the establishment of a non-profit education and development foundation…

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Philadelphia lawmaker wants 911 buttons on ATMs

June 15, 2005

WPVI-TV: Philadelphia city councilwoman Donna Reed Miller has introduced an ordinance that would require a 911 emergency service button on outdoor ATMs.

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BofA set for massive computer switch

June 15, 2005

Boston Herald: Bank of America will attempt to switch 2 million former Fleet Bank accounts across New England to new computer systems this weekend. The…

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Co-Op Network names new CEO

June 15, 2005

ONTARIO, Calif. - Stanley C. Hollen has been named chief executive of Co-Op Network, according to a June 16 news release.

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Are smart cards the key to the biometrics solution?

by

June 14, 2005

In 'Back to the future: Biometrics revisited,' we explored the potential use of biometrics at ATMs as well as challenges that stand in the way. Here is a look…

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Report: Smaller institutions targets of 'puddle phishing'

June 14, 2005

SAN DIEGO - Websense Inc., a provider of employee Internet management solutions, announced June 14 in a news release that phishing scams are increasingly being…

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Efmark signs servicing deal with Fiserv

June 14, 2005

WESTMONT, Ill. - Efmark Premium Armored, the largest independent in the United States that focuses solely on servicing ATMs, signed an agreement with Fiserv…

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