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Bank / Credit Union News

Indian bank places its first biometric ATM

November 27, 2007

The (India) Economic Times: Punjab National Bank in New Delhi has installed its first biometric ATM at a village in Gautam Budh Nagar. The ATM is expected to…

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Fiserv EFT, FedComp team to work with credit unions

November 26, 2007

BROOKFIELD, Wis. - Fiserv EFT, a business unit of Fiserv Inc., and ad FedComp Inc., a provider of core-data processing software and systems to some 1,30…

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TIO Networks adds 4,500 billpay locations

November 26, 2007

BURNABY, British Columbia - TIO Networks Corp. has signed an agreement with IPP of America, provider of electronic bill-payment services with a network of…

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MasterCard pushes PayPass in Canada

November 26, 2007

TORONTO - MasterCard Worldwide has partnered with Giesecke & Devrient to provide Canada with its PayPass card and technology. MasterCard says the new…

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GFG makes strategic international sales appointment

November 26, 2007

SYDNEY, Australia - Antone Homan has joined GFG Group and has been tasked with heading up the company's international sales team.   According to a news…

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ClairMail named 'innovator' in mobile commerce

November 26, 2007

NOVATO, Calif. - ClairMail Inc., which provides two-way mobile-phone-based customer interaction, was one of six companies to receive BAI's  Innovation Moment…

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AT&T announces plans to tackle mobile banking in '08

November 26, 2007

Digital Transactions: AT&T Inc., which is launching a nationwide mobile-banking service, expects to have 500,000 mobile phones preloaded with the software…

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Barclays raises $15 million from local markets

November 25, 2007

allAfrica.com: Barclays Bank of Kenya, the largest commercial bank in the country by assets, has raised U.S. $14.9 million from the local capital markets…

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Visa expects IPO to raise 4 times what MasterCard IPO did

November 25, 2007

Digital Transactions: Visa Inc. said it aims to raise $10 billion in its upcoming initial public offering, four times the $2.4 billion MasterCard grossed in…

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B of A site walks users through online, mobile banking

November 25, 2007

Sacramento Business Journal: Bank of America Corp. has launched an online site to instruct customers about online and cell-phone banking. B of A says all its…

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Level Four joins XFS committee

November 25, 2007

LONDON - Level Four Software has joined the technical committee for the eXtensible Financial Services (XFS) standard, part of the European Committee for…

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Wincor Nixdorf bulk-deposit ATM named one of industry's 'most innovative' techs

November 25, 2007

PADERBORN, Germany - Wincor Nixdorf International's bulk-check-deposit ATM, which allows consumers to deposit up to 50 checks or notes at once without an…

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SURVEY: 3,000 retailers have wireless data-security vulnerabilities

November 25, 2007

ATLANTA - AirDefense, which launched the wireless LAN security market, has released results from its 2007 Retail Shopping Wireless Security Survey of wireless…

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First Data plans to lay off 1,700 employees

November 19, 2007

Digital Transactions: Two months after the $29 billion buyout of First Data by private-equity firm Kohlberg Kravis Roberts & Co., First Data is cutting …

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Wachovia, SunTrust adopt mobile banking

November 19, 2007

(Columbus, Ga.) Ledger-Enquirer: Customers of Wachovia and SunTrust banks are now able to view account information, pay bills, check balances and transfer…

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African banks to invest in self-service banking

November 19, 2007

Mail & Guardian: South African banks are embracing self-service as a strategic imperative, and can be expected to invest heavily in solutions that allow…

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CTS North America, Esprida demo card-personalization at banking expos

November 19, 2007

LAS VEGAS - CTS North America demonstrated its CPS-integrated card-personalization and issuance system last week during the BAI Retail Delivery Conference…

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Kenya's Postbank buys Wincor Nixdorf ATMs

November 19, 2007

PADERBORN, Germany - Kenya Post Office Savings Bank (Postbank) is the only savings bank in Kenya and operates a network of 83 branches that serve around …

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Wincor Nixdorf releases mixed-bundle deposit tech at ATM

November 19, 2007

AUSTIN, Texas - Wincor Nixdorf International has announced the release of a next-generation deposit solution, which the company showed at the BAI Retail…

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RESEARCH: Diebold research examines next-gen retail banking customers

November 18, 2007

NORTH CANTON, Ohio - Diebold Inc. is taking a look at the next-generation retail-banking customer and has put together a research report, "Identifying the…

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