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Bank / Credit Union News

Kenya's Family Bank strikes agreements with Paynet

September 24, 2012

Kenya's Family Bank has signed several contracts  with regional card processor and payments services provider, Paynet Group. The announcement was made by the…

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IFX version 1.9 released

September 21, 2012

The Interactive Financial eXchange Forum this week announced the publication of Version 1.9 of IFX, its open, interoperable standard for financial data…

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Study: India's private banks slow to add ex-urban ATMs

September 19, 2012

The State Bank of India is underscoring its words with actions, placing increasing emphasis on non-metro city and rural ATM installations in the wake of its…

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Are Vietnam banks really losing money on ATMs?

September 17, 2012

Vietnam banks say they're running in the red with their ATM operations. However some financial experts question whether this really could be the situation…

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UnionPay extends reach into Nepal

September 17, 2012

Bankcard challenger China UnionPay announced over the weekend that it will be expanding into Nepal through that country's largest commercial lending…

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Auburn U, PNC Bank team up on ATM services

September 17, 2012

Auburn University and PNC Bank N.A. have announced an agreement on the provision of 12 PNC Bank ATMs at the university’s student center and athletic facilities.

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First-ever mobile bank going strong

September 14, 2012

Philippine FI BPI Globe BanKO Inc., the world's first mobile phone-based bank, expects to reach the million-client milestone in 2013. Demand for the…

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ARCA teller cash recyclers a success at Texas bank

September 13, 2012

National Bank of Andrews, a $155 million FI in Andrews, Texas, installed ARCA CM18 cash recyclers in the bank's three branches in West Texas in May, June and…

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Midflorida Credit Union selects Acumen from Fiserv

September 13, 2012

Fiserv Inc., a provider of business-driven technology solutions for credit unions, announced today that Lakeland, Fla.-based Midflorida Credit Union has…

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India's HDFC Bank launches 10,000th ATM

September 11, 2012

HDFC Bank, India's second largest private sector bank, launched its 10,000th ATM in the country today. The machine is located near Ajmer Sharif Dargah, a…

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Fiserv launches instant card issuance solution

September 10, 2012

Fiserv Inc. has announced the addition of instant credit and debit card issuance services to its central issuance business. This will give financial…

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NCR acquires cash cost optimization software co.

September 10, 2012

NCR Corp. has acquired Transoft Intl. Inc., a provider of cash cost optimization software for financial institutions and retailers. NCR will integrate…

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Animas CU selects Fiserv XP2

August 31, 2012

Fiserv Inc., a provider of business-driven technology solutions for credit unions, announced today that Farmington, N.M.-based Animas Credit Union has selected…

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UnionPay debit card debuts in Pakistan

August 31, 2012

Chinese-owned UnionPay network is making international inroads. This week, Faysal Bank Ltd. launched the first UnionPay debit card program in…

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Processing glitch disables Kentucky FI bankcards

August 30, 2012

Lexington, Ky.-based Central Bank and Trust Co., experienced an ATM/debit processing error on Tuesday night that left customers unable to use ATM/debit cards…

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Brazil's Banco Bradesco demos what's 'Next' in banking

August 30, 2012

Brazil's Banco Bradesco has introduced Bradesco Next, a new branch model and showcase for high-tech banking innovations.

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Kilowatt CU signs deal with First Data

August 30, 2012

First Data today announced that Kilowatt Credit Union of Madison, Wis., has joined the Star Network, signing a multi-year agreement under which STAR will…

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Motorola Employees CU extends agreement with Pulse network

August 30, 2012

The Pulse debit/ATM network, has extended and expanded its long-term relationship with Motorola Employees Credit Union as network provider for PIN debit. The…

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Conix adds image analytics to fraud, dupe detection solutions

August 29, 2012

Conix Systems Inc., a provider of payment processing solutions, has introduced image analytics to enhance its fraud and duplicate detection solutions. The new…

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FNB system crash exasperates customers

August 29, 2012

South Africa's First National Bank has been issuing mea culpas following an interruption of electronic services that briefly left customers unable to use their…

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