Hollen is the right man for the job

by Tracy Kitten — Editor, AMC

June 26, 2005

Stan Hollen, the Co-Op Network's new CEO, will focus on growing credit-union membership, acquisitions and operational efficiency.

Handwritten notes on ATMs cost customers thousands

June 26, 2005

KNBC-TV:  A 27-year-old California man was charged June 23 with burglary and conspiracy to commit burglary after he allegedly rigged ATMs to withhold cards and…

Austrian bank buys 1k Wincor Nixdorf ATMs

June 26, 2005

PADERBORN, Germany - Austria's Raiffeisen banking group is planning to replace and install 1,000 Wincor Nixdorf ATM systems in the country over the next few…

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.

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.

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…

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…

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.

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…

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…

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90 percent of Japanese banks have either lowered or plan to lower the daily limits on the amount of money that can be withdrawn from ATMs…

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.

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.

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…

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…

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…

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…

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.

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…

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.