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Bank / Credit Union News

Canadian bank first to introduce interactive teller ATMs

August 28, 2012

FirstOntario Credit Union, based in Hamilton, Ontario, has become the first Canadian FI to deploy NCR APTRA Interactive Teller, which enables customers to talk…

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Old Point joins Allpoint

August 27, 2012

Hampton, Va.-based Old Point National Bank has joined the surcharge-free Allpoint ATM network, a subsidiary of Cardtronics, according to a news item at…

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First Financial FCU re-ups with Star Network

August 23, 2012

First Financial Federal Credit Union, a $950 million FI based in Maryland, has opted for a multi-year renewal with the Star Network. Under the agreement, Star…

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Boston banks lose Logan Airport ATMs

August 23, 2012

JP Morgan Chase doesn't have a branch in Massachusetts, but it's about to become the dominant ATM operator at Boston's Logan Airport. And at least one Boston…

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Fifth Third launches EMV for commercial cards

August 23, 2012

Fifth Third Bank, a $118 million FI based in Cincinnati, Ohio, has announced the launch of a new EMV-compliant chip card for commercial customers. The new…

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ATM run likely due to bank strike in India

August 22, 2012

India's banking public braced for limited cash access as employees of both public and private sector banks staged a two-day strike, starting today.

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First Financial selects NCR for ATM network upgrade

August 21, 2012

Cincinnati, Ohio-based First Financial Bank has announced plans to upgrade and replace more than 150 ATMs in Ohio, Indiana and Kentucky. 

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Allpoint Network expands ATM options for Chicagoland bank customers

August 21, 2012

Chicago-area First Midwest Bank has opted to join the Allpoint Network, a Cardtronics Inc. affiliate and operator of the largest surcharge-free ATM network in…

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Wash. axes fee on EBT withdrawals

August 16, 2012

Washington State welfare recipients will no longer have to pay an 85 cent fee when they use their benefits card to take out cash at the ATM.

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After 8-year hiatus, Burmese ATM system still catching up

August 16, 2012

Since repowering its ATMs, which were shut down from 2003-2011, Myanmar is continuing its efforts to bring its network up to 21st century standards. The latest…

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Report: half of US bank account holders to go mobile by 2017

August 16, 2012

Forrester Research has released a new report on mobile banking, and it's evident the technology has gone from novelty to necessity.

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Credit Union 24 announces patronage dividend

August 15, 2012

Credit Union 24, the country's largest credit union-owned ATM and POS network, announced that it will disburse $1.1 million in patronage dividends to its…

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Datacard debuts new instant issuance system for financial cards

August 14, 2012

Datacard Group, a provider of secure ID and card personalization solutions, has announced the availability of the newest addition to its portfolio of…

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Euronet lands EFT outsourcing deal with Pakistani bank

August 14, 2012

Euronet Pakistan, a subsidiary of Euronet Worldwide and the first EFT outsourcing provider in Pakistan, has signed a comprehensive EFT outsourcing agreement…

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Zimbabwe ATMs to go solar

August 14, 2012

In an effort to combat ATM outages caused by frequent power interruptions, Barclays Bank Zimbabwe is investigating the use of solar cells to power its ATMs.

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Study: On average, CUs charge 13% less in foreign-card ATM fees than banks do

August 14, 2012

Thirty percent of America's 50 largest credit unions charge members no ATM fees outside the network or provide at least one free withdrawal per week before a…

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NCUA says VTMs can sub for FCU service facilities

August 13, 2012

The National Credit Union Administration has said that video teller ATMs may be used as a substitute for branch facilities in certain cases.

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Vietnam's small banks not paying their share for ATMs, major banks say

August 13, 2012

Last week, Vietnam's central bank announced that it would allow banks to begin charging fees on internal ATM transactions starting in 2013. But the country's…

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India's poorest can now get ATM cards

August 13, 2012

A directive from India's central bank means that FIs must offer ATM-enabled accounts with no minimum balance requirements to the country's poorest citizens.

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China's UnionPay issues more than half of all new payment cards

August 9, 2012

In 2011, the number of payment cards worldwide rose 12 percent to 8.9 billion. More than half of this increase was attributable to growth in China, where card…

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