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Bank / Credit Union News

New report examines FIs' EMV preparedness

November 6, 2014

ATM operators have until 2017 to achieve compliance, but for card issuers it's an 11-month countdown to the liability shift.

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FFIEC report poses key questions about cybersecurity

November 4, 2014

Testing plans across business functions and with third parties will help FIs identify and manage gaps before cyber attacks occur, the council says.

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New guide defines best practices in branch transformation

November 4, 2014

The guide offers recommendations designed to help banks around the globe 'optimize their transformational strategies.'

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ATMIA calls all US ATM operators to take EMV readiness survey

November 3, 2014

ATMIA seeks input from all operators — including FIs and IADs of all sizes — regardless of membership. Findings will be released industry-wide in December.

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Amex intros tokenization, HCE services

November 3, 2014

The token service is available in the US, and international rollout is expected to begin in 2015. HCE specifications are available today globally.

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Episys Anywhere app expands CU staff, self-service capabilities

October 31, 2014

The new native app powered by Maluzai software enables CU employees to conduct branch activities on a tablet, and delivers a new channel for in-branch…

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FIS, CSCU team up to extend fraud protection solution to CUs

October 28, 2014

Compromise Manager promises timely card blocking, reduced administration costs, and automated cardholder alerts for small and midsize credit unions.

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US banks hit with EMV fraud (yes, EMV fraud)

October 28, 2014

Fraudsters are devoting their energies to exploiting holes in the smart chip transaction process. And it seems that they have found a few.

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Instant issuance yields big boost in exchange revenue for New Jersey FI

October 27, 2014

First-month payment card exchange revenue increased 7.32 percent year over year at Atlantic Stewardship Bank after it implemented Card at Once.

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GRG, Standard Chartered go live with Hong Kong's first VTMs

October 24, 2014

The devices provide remote video teller assistance for more than 70 percent of traditional counter transactions.

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Wincor, Sparkasse Bremen re-up partnership

October 24, 2014

Wincor Nixdorf Portavis and the German savings bank Sparkasse Bremen will extend their current outsourcing agreement for five more years.

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Pulse forms consulting group to serve FI needs

October 24, 2014

Pulse InSights will offer strategic services to banks and credit unions, with a focus on card portfolio performance, branch maximization and customer outreach.

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Brink's to revamp Netherlands ops after losing major customer

October 21, 2014

As it winds up its ATM servicing relationship with Rabobank, Brinks is contemplating the closure of three facilities and the downsizing of its workforce by…

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SBI rolls out tortuous ATM fee schedule following RBI rule changes

October 16, 2014

For customers with a low average monthly account balance, keeping the rules straight could be frustrating; for those with a heftier balance, they're as simple…

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Denali Alaskan FCU partners with Co-op for ATM access

October 15, 2014

The Co-op ATM program allows the FCU's members to use 30,000 Co-op networked ATMs across Alaska and the lower 48 states.

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Not bound by tradition, Generations Bank embraces branch transformation

October 14, 2014

The 144-year-old bank has opened its first 'tellerless' branch featuring full-service virtual banking and on-site specialists who help customers with more…

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Diebold aims for greater security, customer convenience with new 5500 ATM series

October 14, 2014

The company says its new ATM line supports financial institutions' need to drive efficiencies, manage risks and reduce costs.

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Ethiopian IT firm wins contract to install 50 ATMs for Nib International Bank

October 13, 2014

Moti Engineering will deliver the machines within 60 days; with this order, Moti will have supplied a total of 949 ATMs to Ethiopian banks.

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Fiserv Portico collects 11 new CUs

October 9, 2014

The zero-footprint solution has attracted a variety of new users over the past 13 months.

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Somalia increases its ATM count ... to 1

October 8, 2014

After decades of conflict, the installation of Somalia's first-ever ATM represents the hope of better things to come.

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