Bank / Credit Union News
First EMV-compliant ATMs certified in Japan
June 26, 2014
Driven by increasing numbers of visiting travelers, Japan's Aeon Bank Ltd. has become the first FI in Japan to deploy ATMs that support secure EMV chip card…
read nowPulse debit study forecasts rise in EMV issuance, decline in ATM use
June 25, 2014
The Discover-owned network's 2014 Debit Issuer Study reveals increased debit use, a renewed focus on fraud prevention and EMV issuance, and sustained growth in…
read nowNew cybersecurity Web page links FIs to risk-management resources
June 24, 2014
A new FFIEC Web page will serve as a central repository for materials on cybersecurity, as well as links to statements, webinars and other useful security…
read nowEcuador's largest bank gives cash recycling a try
June 20, 2014
Banco Pichincha, Ecuador's largest financial institution, is testing cash-recycling technology in a pilot effort with GRGBanking. The project represents GRG's…
read nowFee-free Aussie ATM network seeks immunity from price-fixing complaints
June 19, 2014
The six members of Australia's FeeSmart ATM sub-network are hoping that the Australian Competition and Consumer Committee will agree that, in their case, price…
read nowCarolina Foothills FCU outsources fleet to Dolphin Debit
June 19, 2014
Carolina Foothills Federal Credit Union has turned over complete management of its ATM fleet to Dolphin Debit, a Houston-based ATM management company, in a…
read nowShared Financial Solutions, Co-op Financial Services strike partnership agreement
June 19, 2014
Co-op Financial Services, a credit union service organization, and Shared Financial Services, the service corporation of the Kansas Credit Union Association…
read nowShazam wins BancServ endorsement for Florida banks
June 19, 2014
BancServ, a subsidiary of the Florida Bankers Association, has endorsed Shazam as the preferred EFT network for the association's 230 member banks.
read nowBarclays Africa angles to bring ATM support in-house
June 18, 2014
Barclays Africa Group reportedly wants to buy the ATM business of Bytes Technology Group, the company that currently provides its ATM support.
read nowSingapore banks' ATM service interrupted by 'connectivity issues'
June 16, 2014
A problem vaguely described as a “connectivity issue” intermittently disrupted the ATM and online services of DBS and POSB Banks across Singapore on Monday.
read nowElan certifies Diebold video teller, in-lobby teller devices
June 16, 2014
Elan is one of the first processors to approve the Opteva 923 In-Lobby Teller for integration into branch environments; the terminal offers customers a…
read nowLloyds, RBC to lift ATM restriction for basic accountholders in the UK
June 13, 2014
Reversing course, RBS and Lloyds have announced that customers who own basic bank accounts will be allowed to carry out transactions at other banks’ ATMs.
read nowIt’s not just FIs — vendors must respond to tightened regulations, too
June 12, 2014
Besides dampening innovation and driving up costs, increased banking regulation can result in a shrinking pool of qualified vendor partners.
read nowIndian FIs hope to extend 'on-us only' transactions to off-us ATMs
June 12, 2014
India is exploring the feasibility of allowing ATM users to carry out certain transactions (e.g., deposits, utility payments and digital TV recharge) currently…
read nowOnline banking: a shift to mobile platforms
June 12, 2014
A new study shows that consumers are beginning to rely more heavily on online banking as their digital 'branch' for account management and customer service.
read nowBanco do Brasil intros an ATM access solution for international travelers
June 9, 2014
Barely more than a week away from the start of 2014 FIFA World Cup Brazil, Banco do Brasil Americas and payment processor i2c Inc. have launched a…
read nowATM security so simple, even a child can hack it
June 9, 2014
Two ninth-graders in Winnipeg, Manitoba, recently demonstrated to the Bank of Montreal that its ATM security wasn’t quite what it ought to be.
read nowStudy: Cardholder account control via mobile device
June 6, 2014
Whether it was a strategy by FIs to reduce call center costs or a response to their customers’ wish to prevent fraudulent use of their cards, debit account…
read nowBoston bank goes next-gen with Red Hawk and NCR video ATMs
June 5, 2014
Boston-based South Shore Bank opened its new Hingham financial center in December 2013 with Personal Teller Machines. The technology has been so well received…
read nowMobile banking app charts 850 percent bump in use of debit card on-off feature
June 5, 2014
Malauzai Software, a provider of mobile banking SmartApps for community FIs, has reported that between November and April, the company saw a 450-percent…
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