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Bank / Credit Union News

ATMIA publishes best practices for deploying ATMs in a multi-channel banking environment

January 17, 2013

The ATM Industry Association has published the new best practice manual, "Best Practice for Developing and Deploying the ATM in a Multi-Channel Retail Banking…

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Chase, PNC moving to multi-denomination dispensing ATMs

January 17, 2013

SNL's First CityWide Change Bank could be in for some stiff competition. Real-world banks Chase and PNC have been rolling out new ATMs capable of dispensing $…

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N.J. police bust Romanian pair in $1M ATM skimming operation

January 15, 2013

Police arrested a pair of illegal immigrants from Romania in Englewood, N.J., on Sunday. Now Constantin Ginga, 52, and Marius Cotiga, 34, sit in the Bergen…

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Sussex County FCU adds ARCA cash recyclers systemwide

January 15, 2013

Sussex County Federal Credit Union, a Seaford, Del.-based FI with $252 million in assets and nearly 15,000 members, has outfitted all of its locations with…

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Fiserv acquires rival financial technologies provider Open Solutions

January 15, 2013

If you can't beat 'em, buy 'em. Fiserv Inc. announced late yesterday that it has purchased rival financial services technology provider Open Solutions.

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U.K. Payments Council to launch mobile P2P enabled by LINK

January 15, 2013

The Payments Council, the organization that represents the payments industry in the U.K., has announced its intention to launch a mobile person-to-person funds…

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Canadian CUs' ATMs go 'ding-free'

January 14, 2013

A new multi-credit union program in Canada means that CU members have expanded access to ATMs across Canada that won't "ding" them for a surcharge. They also…

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India's FIs must teach rural customers to use ATMs safely, officials say

January 14, 2013

Authorities in the Sundargarh district of India have advised banks that opening accounts for the country's rural unbanked is not enough; they must also educate…

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Shazam intros mobile app for debit cardholders

January 14, 2013

Shazam has announced the launch of Shazam Bolt$, an app for smartphones and tablets that allows financial institutions to offer their Shazam debit cardholders…

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Study: Mobile banking users to exceed 1 billion worldwide by 2017

January 9, 2013

It seems that mobile banking has arrived. This year 590 million mobile phone users across the globe will use their device for banking purposes; by the end of…

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AZ FI opts for ARCA cash recyclers

January 8, 2013

National Bank of Arizona, a Tucson, Ariz.-based FI with $4.5 billion in assets, has installed ARCA CM18 cash recyclers at two of its branches in Tucson and…

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Vietnamese cardholders call for ATM boycott over 'on-us' fees

January 7, 2013

Vietnamese ATM cardholders are fed up with fees. Following an announcement by the State Bank of Vietnam that commercial banks would be allowed to impose fees…

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Kuwaiti FI lets customers open investment deposits at ATMs

January 7, 2013

Kuwait Finance House is now offering a service that allows customers to open investment deposits using ATMs throughout the emirate of Kuwait. The move is part…

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NCR buys ATM video software-maker uGenius

January 4, 2013

NCR Corp. has purchased uGenius Technology Inc., a Utah-based video banking software developer. The acquisition will help NCR to add future enhancements to its…

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SBI, ECS reach ATM acquiring-processing milestone

January 4, 2013

The State Bank of India and its payments solution provider, ElectraCard Services, passed a landmark of sorts recently, processing 10 million transactions at…

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It's payback time for some ATM users in Thailand

January 2, 2013

Customers of the Government Savings Bank in Sukhothai, Thailand thought their luck was in when ATMs began paying out double last Friday. But their good fortune…

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IT issue leaves Lloyds customers cashless on New Year's Eve

January 2, 2013

New Year's Eve celebrations may have been flattened a bit for some for Lloyds banking customers in the U.K. Due to an IT failure at the bank, customers were…

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Rural Indian bank network to add ATMs, branches

January 2, 2013

India's Pandyan Grama Bank will open 17 new branches and will also begin to introduce ATMs during its next fiscal year, said a news release from the FI’s…

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HSBC joins RBS in refunding uncollected ATM cash withdrawals

December 27, 2012

Not to be left holding the proverbial bag (particularly one filled with other people's money) HSBC has said it will join the Royal Bank of Scotland and NatWest…

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Temenos to provide standardized IT platform for Nordea Bank

December 27, 2012

Luxembourg-based Nordea Bank, a pan-European provider of private banking services, has opted to use software applications from Geneva-based Temenos to…

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