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.

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…