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Bank / Credit Union News

Visa sees more potential for mag-stripe than contactless

April 18, 2006

Digital Transactions: Visa USA's program announcement to foster card transactions in the growing category of small-value payments would, at first blush, seem…

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Credit Union 24 continues growth

April 17, 2006

TALLAHASSEE, Fla. - Despite being entrenched in a major switch-processor conversion, Credit Union 24 is still growing its credit unions and points of access.

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Banks push for fee increase

April 16, 2006

News.com.au: The massive fee grab by Australian banks could get even bigger. The top four - the NAB, Commonwealth, Westpac and ANZ - plus junior player St.

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Futurex announces certification by Mosaic Software

April 13, 2006

BULVERDE, Texas - Futurex, a leading provider of data security solutions for financial, banking and retail industries, announced the certification of…

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BNZ blocks overseas use of more ATM cards

April 13, 2006

Stuff: The Bank of New Zealand has blocked the overseas use of nearly 5,000 more cards as it works to minimize the damage from ATM skimming. The scam involved…

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Indian FIs sign ATM-sharing deal

April 13, 2006

Business Standard: India's HDFC Bank and Kotak Mahindra signed a deal to share their ATM networks, which give customers of both the banks access to more than…

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ATM company employee charged in robbery

April 13, 2006

Detroit Free Press: A woman who was stuffed inside a drive-thru ATM last month during an alleged robbery was not a victim, police say. The ATM company…

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FileNet platform to support global standard for Zurich Financial Services

April 13, 2006

ZURICH, Switzerland - FileNet Corp., which provides enterprise-content (ECM) and business-process management solutions, announced in a news release that Zurich…

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TRM board member resigns

April 13, 2006

The (Portland) Business Journal: Lance Laifer, independent director and audit committee chairman of TRM Corp., has resigned from the company's board of…

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HSBC to team with Chinese bank

April 12, 2006

Datamonitor: China's fifth-largest bank, Bank of Communications, is expected to team up with HSBC to offer brokerage and insurance products to the domestic…

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Ukrainian banks merge ATM networks to compete

April 12, 2006

Kyiv Post: Banks owned by two of Ukraine's richest tycoons have decided to merge their ATM networks to compete with Ukrainian competitors like Privatbank…

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Wal-Mart bank approval will hurt independent bankers, analysts say

April 12, 2006

CNN Money: In ongoing hearings before regulators in Washington this week, Wal-Mart executives pledged that the discounter has no interest in opening…

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New Zealand police get Interpol help to track ATM skimming

April 12, 2006

Bloomberg: New Zealand police have tapped Interpol to help track fraudsters after the country had its first cases of skimming. Bank of New Zealand Ltd., the…

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FastLane to exhibit at ETA

April 12, 2006

BOULDER, Colo. - FastLane One Swipe technology will officially launch April 18 at the Electronic Transactions Association in Las Vegas, the company announced…

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Home Office launches anti-ATM crime ad campaign

April 12, 2006

NEWPORT-ON-TAY, Scotland - The Home Office is unveiling a two-week advertising campaign with ATM:ad on ATMs across Greater London. According to a news release…

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PIN debit has advantages over signature

April 12, 2006

ePaynews: Debit-card use continues to grow in the United States, with the Star network reporting that 2005 debit purchases were 32 percent higher than cash and…

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Discover expands ATM card acceptance through Pulse

April 11, 2006

RIVERWOODS, Ill. - Discover Financial Services LLC's cards are now accepted at ATMs on the Pulse network.

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Info Touch changes name to Tio Networks

April 11, 2006

BURNABY, British Columbia - Info Touch Technologies Corp., which owns the Tio financial services network, has changed its name to Tio Networks Corp., according…

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SEPA impacts card markets in France, Spain

April 11, 2006

ePaynews: France is one of Europe's most mature card markets, and was the first to deploy chip cards on a wide scale. But as the single euro payments area…

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Tio Networks, Tranax launch hybrid-ATM strategy

April 11, 2006

BURNABY, British Columbia - Tio Networks Corp., formerly Info Touch Technologies Corp., and Tranax Technologies Inc. have entered a strategic partnership to…

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