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Bank / Credit Union News & Media

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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Fiserv acquires Interactive Technologies Inc.

June 14, 2005

BROOKFIELD, Wis. - Fiserv Inc. acquired Summit, N.J.-based Interactive Technologies Inc., a developer of fee-management and billing software for large and…

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Dubai bank launches payroll card

June 13, 2005

AME Info: National Bank of Dubai announced June 14 the launch of the NBDirect payroll card, a first of its kind in the United Arab Emirates. Offered as a…

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Brinks terminates Bank of Ireland contract amid ATM robbery fears

June 12, 2005

Business World: Brinks Allied announced June 13 that it has terminated its contract with Bank of Ireland for cash deliveries to off-site ATMs because of the…

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EMV: When will it hit the United States?

by Tracy Kitten — Editor, AMC

June 10, 2005

As the rest of the world shifts toward the Europay/MasterCard/Visa standard, the United States is casually waiting by the sidelines. But some experts predict…

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First Data expands presence in Eastern Europe, Holland

June 9, 2005

LONDON - First Data Corp., an international provider of electronic commerce and payment services, has agreed to acquire EuroProcessing International, a leading…

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New York bank branch, ATM make house calls

June 8, 2005

New York Daily News: A Queens, N.Y.-based bank is rolling out its newest "branch": a 40-foot-long vehicle equipped with interior and exterior teller windows…

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Illinois pol touts ATM security software

June 8, 2005

Rockford Register Star: A Rockford, Ill., lawmaker is pushing for a law requiring banks to use software designed to thwart ATM robberies. The software enables…

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D.C. subway gets its first ATM

June 7, 2005

WJLA-TV: The first ATM in a Washington D.C. Metro station debuted June 7. It was placed outside the faregate so that riders can get cash to buy tickets. Metro…

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Co-Op Network inks deal with Alaska Option

June 7, 2005

ONTARIO, Calif. - Co-Op Network, the largest credit union EFT network in the country, and Alaska Option, Alaska's leading EFT provider, have agreed to open a…

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Uganda rolls out inter-bank ATM network

June 7, 2005

AllAfrica.com: Starting June 7, Ugandans were able, for the first time, to walk to any ATM in the nation to withdraw and deposit money after the launch of a…

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Co-Op Network names board chair

June 6, 2005

ONTARIO, Calif. - David Maus, the president and chief executive of Colorado's Public Service Credit Union, has been elected Co-Op Network chairman of the…

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Hitachi banking on Japanese shift to biometric ATM IDs

June 5, 2005

MarketWatch:  Representatives from Hitachi Ltd. said June 6 that the company plans to quadruple sales of its finger-vein-based biometrics systems over the next…

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Europeans expected to increase debit card use

June 5, 2005

ePay News: Cash is predicted to drop from 82 percent of all transactions in the EU this year to about 74 percent by 2010, with debit cards making up the…

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Comms XL earns global accreditation for chip, PIN system

June 2, 2005

London - HSBC, one of the largest banking and financial services organizations in the world, has approved London-based Comms XL's chip and PIN product…

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Japan mulls bill putting ATM card theft onus on banks

June 2, 2005

Japan Times: Lawmakers from Japan's two leading political parties agreed June 2 to a bill that would require financial institutions to compensate depositors…

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ACI helps introduce Visa cards to Ethiopia

June 1, 2005

Computer Business Review: Omaha, Neb.-based ACI Worldwide has licensed its Base24 platform and its Card Management System and Smart Chip Manager software to…

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Community banks form ATM alliance

June 1, 2005

St. Louis Business Journal: Twenty-six community banks within a three-state region have formed a nonsurcharge ATM alliance. Prior to joining the alliance, the…

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