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Bank / Credit Union News

NACHA's payment pilot to launch in early '07

April 20, 2006

Digital Transactions: NACHA's long-expected pilot project to test Internet payments to retailers and billers is expected to launch early next year. The pilot…

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First Data's FI-services segment shows revenue, profit loss

April 20, 2006

DENVER - First Data Corp. reported April 21 that revenue for the first quarter of 2006 hit $2.7 billion, up 10 percent from the same period last year. Net…

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Fed won't set interchange fees

April 20, 2006

WASHINGTON - The Federal Reserve said last week it won't intervene in the growing market of card interchange fees, now as much as $30 billion a year.

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NetBank subsidiary named a top-performing ATM company

April 19, 2006

JACKSON, Miss. - NetBank Payment Systems Inc., the nation's third-largest ATM deployer and a subsidiary of NetBank, received the 2006 Readers Choice Award for…

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Self-service device market expected to steadily grow

April 19, 2006

ePaynews: By 2010, the global market for self-service machines will exceed $24 billion, up from about $11.3 billion in 2005. The average annual growth rate for…

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Global Axcess expects greater net loss for '05

April 19, 2006

PONTE VEDRA, Fla. - Global Axcess Corp. is again changing its financial guidance for 2005. Earlier this month, Global Axcess announced corrections to reported…

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Source Technologies appoints new president, CEO

April 19, 2006

CHARLOTTE, N.C. - Source Technologies, provider of integrated financial-transactions solutions, appointed William M. Bouverie its president and chief…

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Solvport expands into 11,000-square-foot facility

April 19, 2006

PORTLAND, Ore. - Solvport LLC, an ATM and kiosk servicing company, announced it a news release that it is now operating from an 11,000-square-foot facility.

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ATM scam suspects in New Zealand may have fled

April 19, 2006

Stuff: Police investigating the fraudsters behind an ATM scam in New Zealand are hopeful that the thieves will be brought to justice, despite reports that the…

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JPMorgan buys retail banking business

April 19, 2006

Datamonitor: JPMorgan Chase & Co. has acquired the retail arm of the Bank of New York, in exchange for JPMorgan's corporate trust operations and a cash…

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Paragon, Credit Union 24 sign referral deal

April 19, 2006

HOLLY SPRINGS, N.C. - Paragon Application Systems, provider of ATM and EFT simulation, configuration and testing tools, signed a comprehensive referral…

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U.K.'s Cashbox shows promise after public offering

by Tracy Kitten — Editor, AMC

April 18, 2006

Cashbox's IPO has been well received in the U.K., and the Winchester company now says it has potential to place an additional 5,500 ATMs.

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Singapore QFBs waive ATM fees

April 18, 2006

The (SINGAPORE) Star: Five qualifying full banks, known as QFBs - ABN Amro, Citibank, HSBC, Maybank and Standard Chartered - announced they have waived the ATM…

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RBI puts a spoke in banks' ATM rush

April 18, 2006

The (Mumbai) Economic Times: The number of new ATMs opened by banks this fiscal year dropped significantly, when compared to last year, with banks waiting in…

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DCI elects Capeloto, Kohart to board

April 18, 2006

HUTCHINSON, Kan. - DCI, a provider of full-service bank technology and processing solutions to the financial industry, announced in a news release the election…

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Cash Carriers buys 3DESPlusXP units from ATM Exchange

April 18, 2006

CINCINNATI - The ATM Exchange, a leader in ATM refurbishment, parts, repair and technical support, announced a deal to sell 90 of its 3DESPlusXP units to…

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Cardtronics signs ATM branding deal with BB&T

April 18, 2006

HOUSTON - Cardtronics Inc. and BB&T Corp. have closed a deal that will enable BB&T to brand 64 ATMs in Walgreens locations in the Atlanta area.

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SVPCO swaps more images in Q1 '06

April 18, 2006

Digital Transactions: The country's largest image-exchange network reported today it handled more volume in the year's first quarter than it processed in all…

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ACI develops payments system for SEPA

April 18, 2006

OMAHA, Neb. - ACI Worldwide announced in a news release the launch of the ACI Wholesale Payments System for SEPA, a global payments processing engine that…

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ATM fees in Scotland come under fire

April 18, 2006

The Scotsman: Scottish National Party trade and industry spokesman Mike Weir has launched a scathing attack on the United Kingdom's "scandalous" proliferation…

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