Crnogorska Komercijalna Banka licenses ACI software

August 4, 2004

WATFORD, United Kingdom - Crnogorska Komercijalna Banka (CKB), the leading bank in the Republic of Montenegro, has licensed three software products from ACI…

Royal Bank of Scotland to buy Lynk Systems for $525M

August 3, 2004

ATLANTA - Lynk Systems has reached an agreement to be acquired by The Royal Bank of Scotland Group plc, one of the largest financial institutions in the world…

Commerce Bank waiving ATM fees for NYC youth in employment program

August 2, 2004

NEW YORK - Commerce Bank will waive ATM fees for more than 33,000 youth enrolled in the New York City Summer Youth Employment Program (SYEP).

Fiserv extends EFT agreements with 2 FIs

August 2, 2004

BROOKFIELD, Wis. - Fiserv, Inc.'s (Nasdaq: FISV)  EFT/CNS unit has extended its EFT processing agreements with two financial institutions in the Northeast.

PDNB now services more than 12,000 ATMs

August 1, 2004

PALM DESERT, Calif. - The Electronic Banking Solutions division of Palm Desert National Bank (PDNB) says that in less than a year it has doubled the number of…

Moneybox to operate branch ATMs for German bank

August 1, 2004

LONDON - GE Money Bank, a provider of financial products and services in the German consumer banking market, has expanded its current relationship with…

Detroit council to vote on ordinance requiring emergency call system at ATMs

July 27, 2004

DETROIT - Detroit could become the first major city in the country to require banks to install 911 emergency-call buttons on exterior ATMs if the Detroit City…

Updated ATMs part of Chase retail expansion

July 25, 2004

NEW YORK - J.P. Morgan Chase has more than 400 branches in the Big Apple -- more than any other bank in the city. Yet Chase is opening another 16 branches this…

Many factors influence ATM migration to Windows OS

by Sherry Yang

July 22, 2004

Streamlining ATM operations is the main factor in the migration away from an OS/2 ATM operating system to Microsoft Windows, according to research conducted by…

Wachovia chooses Transoft's currency management system

July 22, 2004

Wachovia instituted Transoft's OptiCa$h system but branches didn't utilize it fully. Wachovia's John Morris discovered this and began an education campaign.

Some Malaysian banks extend ATM operating hours

July 22, 2004

KUALA LUMPUR - Eight bank members of the Malaysian Electronic Payment System (MEPS) shared network have increased their ATM  operating hours to 20.

BofA extends network services agreement with EDS to former Fleet ATMs, branches

July 22, 2004

PLANO, Texas - EDS has signed an eight-and-half-year, $1.1 billion managed network services outsourcing agreement to integrate the communications…

Banks get help with ATM privacy, view-ability

by Sherry Yang

July 21, 2004

When Synergistics Research Group surveyed 1,000 consumers in the spring of 2001, 47 percent said that trying to read screens in sunlight topped their list of…

UK's Abbey National to test high-tech ATMs as part of network revamp

July 18, 2004

LONDON - High-tech ATMs will apparently be part of a £200 million (U.S. $374 million) revamp of Abbey National's retail delivery network over the next five…

EFMARK, Spectrum Financial in ATM service alliance

July 16, 2004

WESTMONT, Ill. and MOORESVILLE, N.C. -  EFMARK Premium Armored ATM Service Company will provide ATM service for all of the customers of Spectrum Financial…

Germany's Commerzbank to pilot cash recycling ATMs

July 14, 2004

BERLIN - The Commerzbank AG will roll out 100 Rondo 4cashcycle+ cash recycling systems from KEBA, beginning in autumn of 2004.

Branded ATMs put banks everywhere

by Sherry Yang

July 13, 2004

Independent ATM operators are partnering with banks to help expand geographic reach by rebranding ATMs in retail locations. The banks gain marketing muscle and…

Networks strive to unify PED standards

by Sherry Yang

July 13, 2004

The ATM industry's latest network requirement is that the PIN-entry devices (PED) on newly purchased ATMs be approved by one of three independent…

Java-friendly BASE24 makes market impact

by Sherry Yang

July 13, 2004

Three hundred and twenty customers, including 86 of the top 500 U.S. banks and 24 of the top 100 U.S. retailers, use ACI Worldwide's BASE24 transaction…

Free ATM access boosts profile of payroll cards

by Sherry Yang

July 13, 2004

Payroll cards let employers distribute wages via a stored value card rather than a paper check or electronic deposit into a traditional banking account. They…