Tranax, Nautilus Hyosung part ATM ways

by Tracy Kitten — Editor, AMC

January 10, 2007

After nearly a year of negotiation and industry speculation, Fremont, Calif.-based Tranax Technologies Inc. and Seoul, Korea-based Nautilus Hyosung Inc. have…

KioskCom announces Self-Service Excellence awards

January 10, 2007

TRUMBULL, Conn. - KioskCom has announced the entry deadline for its global Self Service Excellence Awards, which are designed to recognize the most successful…

BREAKING: NCR restructures ATM division, expects to cut 1,200 jobs

by Tracy Kitten — Editor, AMC

January 10, 2007

DAYTON, Ohio - Officials at NCR Corp. announced Jan. 11 that they plan to cut 1,200 jobs as part of a realignment strategy that aims to improve the company's…

Nigerian bank opens teller-free branch

January 10, 2007

(Aftrica) This Day: Nigeria's Zenith Bank Plc. has introduced the first "ATM Gallery" in Nigeria. The Gallery is the country's first full-fledged bank branch…

U.K. researchers demo chip, PIN hack

January 10, 2007

CSO: Researchers at the University of Cambridge in the United Kingdom have demonstrated how a chip-and-PIN terminal, used to authenticate credit and debit…

Arizona court rules in favor of Western Union in money-transfer case

January 10, 2007

ENGLEWOOD, Colo. - An Arizona court has ruled that the state of Arizona does not have the authority to seize money transfers intended for payment in Mexico…

B of A, Wells Fargo put $80,000 up for ATM nabbers

January 9, 2007

Finextra: Bank of America and Wells Fargo are offering a combined $80,000 reward for information that leads to the arrest and conviction of thieves who stole…

ATM bombings suspects go to court

January 9, 2007

SABC News: Four people - two men and two women - were arrested for their alleged connection in South Africa's spate of ATM bombings. The suspects were found…

Fourth-largest credit union expands deal with Co-Op

January 9, 2007

ONTARIO, Calif. - BECU, the fourth-largest credit union in the United States, has selected Co-Op Financial Services for ATM processing and signature debit…

Lukoil looks for ATM partner in Romania

January 9, 2007

Banking Business Review: Russian oils and fuel producer Lukoil is reportedly looking for an ATM partner. Lukoil Romania is in discussions with several banks…

Network International, JCB sign alliance in UAE

January 9, 2007

TOKYO - Network International, card-solutions provider in the United Arab Emirates, and JCB International have signed a deal to expand JCB card acceptance in…

B of A, Tele Atlas ink ATM deal

January 8, 2007

Banknet360: The locations of Bank of America ATMs will now be available via in-car navigation systems and mobile global-positioning devices. B of A has signed…

India's Reserve Bank works to block fake notes ATMs

January 8, 2007

New Kerala: The Reserve Bank of India is working to help banks ensure that counterfeit notes are not dispensed through their ATMs. In a public notice issued…

First Data extends reach into Pakistan

January 8, 2007

LAHORE, Pakistan - First Data International has signed a card-processing deal with Alfalah Bank, a credit-card issuer and merchant acquirer in Pakistan. …

TowerGroup responds to NCR's announcement to split

January 8, 2007

BOSTON - Kathleen Khirallah, research director of TowerGroup's Retail Banking practice, says NCR Corp.'s plan to separate its Teradata business into an…

Canada's Interac sets debit record

January 7, 2007

Digital Transactions: Interac, Canada's national EFT network, announced that it processed more point-of-sale debit card transactions on Dec. 22 and 23 than in…

Wincor customer wins award for innovative self-service at ATM

January 7, 2007

PADERBORN, Germany - For successfully introducing self-service systems with an intelligent-deposit function, Wincor Nixdorf International customer Interbank…

NCR announces Teradata spin-off

January 7, 2007

Reuters: NCR Corp. announced Jan. 8 that it plans to spin off its Teradata software unit from its banking and retail equipment business, creating two publicly…

U.K. ATM scam could have terrorist link

January 7, 2007

The (London) Sun: Anti-terror investigators are on alert after victims of a card-cloning scam in the United Kingdom had cash taken from their accounts in the…

Level Four, RBR say testing is key in ATM OS migration

January 7, 2007

LONDON - According to a new report published by Retail Banking Research, 56 percent of ATMs in Western Europe had been converted to Windows at the close of…