Bank boss loses pride, not money, in ATM theft

December 30, 2001

EDINBURGH, Scotland -- Sir George Mathewson, the multi-millionaire chairman of the Royal Bank of Scotland, fell for one of the oldest scams in the book at one…

Citibank abandons bill payment at the ATM in favor of the PC

December 30, 2001

NEW YORK -- Citibank customers will no longer be able to pay bills at ATMs as of Sept. 3, according to a New York Post report. Citi's 1.5 million-plus…

E*TRADE Bank acquires Advanta accounts

December 30, 2001

ARLINGTON, Va. -- E*TRADE Bank, a wholly-owned subsidiary of E*TRADE Group, Inc. (NYSE: ET) and the nation's largest pure-play Internet bank, has acquired more…

Sony Bank has successful 1st month

December 30, 2001

TOKYO -- Japan's new Internet-based Sony Bank has gained some 21,000 accounts in its first month of operations due largely to the 'strength of the Sony brand,…

Argentines increase ATM usage in face of crisis

A government-imposed freeze on certain financial transactions has caused an uptick in ATM usage in Argentina. Analysts say the trend may or may not continue…

ATMs included in BofA, AOL Time Warner advertising deal

December 27, 2001

NEW YORK -- Web-enabled ATMs will be part of a new marketing agreement in which Bank of America and AOL Time Warner have agreed to promote each other's…

First Data earnings up

December 27, 2001

DENVER -- First Data Corp. (NYSE: FDC), reported second-quarter net income, including non-recurring items, of $245 million, a 13 percent increase from net…

Sri Lankan banks woo university students with ATMs

December 27, 2001

SRI LANKA -- Bank of Ceylon (BoC) and People's Bank, the two state banks of Sri Lanka, have teamed up to provide ATM facilities to the universities in the…

No bank account, no problem

December 27, 2001

While direct deposit has helped companies reduce the expense and hassle of paying employees, it isn't an option when workers don't have a bank account.

Nashville area credit unions in ATM alliance

December 27, 2001

NASHVILLE, Tenn. -- Members of four Nashville area credit unions are creating an alliance to offer free access to each other's ATMs, a collaboration that…

Focus on accessibility

December 27, 2001

NCR and Royal Bank of Canada recently spent a week querying groups of ATM users to find out which accessibility enhancements will make their way out of the…

ATM Advertising Council elects board

December 27, 2001

BALTIMORE – The newly-formed and recently incorporated ATM Advertising Council elected its first board members, who will serve two-year terms, last month.

Japan's Asahi Bank changes ATM fee structure

December 27, 2001

TOKYO -- Japan's Asahi Bank is introducing a new monthly fixed-charge system under which customers will be able to conduct transactions at the bank's ATMs free…

WaMu sees benefit from no-surcharge policy

The anti-surcharge initiatives in California in late 1999 proved to be the perfect opportunity for Washington Mutual to make a planned move of eliminating fees…

Building on the installed base

In today's mature ATM market, transactions per machine are declining and many if not most of the prime locations are taken. So it's not surprising that some…

Diebold gets contract in Namibia

December 26, 2001

NAMIBIA, South Africa -- Standard Bank Namibia will replace its fleet of 60 ATMs with terminals from Diebold, Incorporated (NYSE: DBD). The agreement, which…

AutoBranch Technologies adds another Dynamic Branding customer

December 26, 2001

TORONTO -- AutoBranch Technologies Inc. will provide Dynamic Branding financial services over AutoBranch-enabled ATMs for the Taiwanese Canadian Toronto Credit…

First Union shareholders approve Wachovia deal

December 25, 2001

CHARLOTTE, N.C. -- First Union Corp. shareholders voted on July 31 in favor of a proposed merger with Wachovia Corp. that would create the nation's…

British Office of Fair Trading considers interchange issue

December 25, 2001

LONDON -- The British Office of Fair Trading (OFT) said the benefits to consumers of being able to use the UK's Link cash machine network outweighed the…

Diebold signs service outsourcing agreement with BofA

December 20, 2001

NORTH CANTON -- Diebold, Incorporated (NYSE: DBD) has signed a service outsourcing agreement with Bank of America, the country's largest ATM owner, for…